Wealth

Gorodenkoff | Istock | Getty Images Many women today are looking for “financial peace,” said Jean Chatzky, founder and CEO of HerMoney. What that means: “It looks like being able to meet my obligations today, while being able to save for tomorrow,” said Chatzky, speaking at CNBC’s Women & Wealth event on Tuesday. “And having

Singapore Prime Minister Lee Hsien Loong said Tuesday that a closed-door deal for Taylor Swift to perform in the city-state ensured she would not perform in other Southeast Asian countries during her Eras tour. “(Our) agencies negotiated an arrangement with her to come to Singapore and perform and to make Singapore her only stop in

Shannonstent | E+ | Getty Images As the IRS bolsters its cryptocurrency expertise, tax professionals are bracing for increased scrutiny of digital currency.  Digital assets are one of the agency’s “priority areas,” according to a press release sent last week. The IRS announced it hired two former crypto executives to beef up its digital currency

Age is just a number, if you ask Mark Cuban. The 65-year-old billionaire says he now regrets stressing about his age every time he hit a big numerical milestone. “People always ask me what I would do differently in my life. Just one thing: I wish I hadn’t thought I was getting old at every

Disney+ Hotstar logo is seen on a smartphone and flag of India on a pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Walt Disney and Indian conglomerate Reliance‘s media merger will give back highly valuable cricket streaming rights to the U.S. firm in a country absolutely

Valentinrussanov | E+ | Getty Images The IRS has unveiled final testing for Direct File, the agency’s free tax filing program, with plans to fully open in 12 pilot states on March 12. Starting March 4, Direct File will expand final testing for eligible new users to begin federal returns, with availability 24 hours per

Soaring rents, rising inflation and student debt are among some of the reasons millennials have struggled to purchase their own homes or build up their savings.  Catherine Falls Commercial | Moment | Getty Images A gigantic wealth transfer over roughly the next decade will likely make millennials “the richest generation in history,” according to a

IRS Commissioner Daniel Werfel speaks during an IRS event in McLean, Virginia, on Aug. 2, 2023. Alex Wong | Getty Images The IRS has unveiled plans to target “non-filers” with a new round of letters, starting with high-income taxpayers who haven’t filed federal returns since 2017. Starting this week, the agency will send letters to

The sun sets on the skyline of midtown Manhattan, the Empire State Building and Hudson Yards in New York City on February 17, 2024. Gary Hershorn | Corbis News | Getty Images The entry barriers to the 1% rich club have been getting tougher across the world. Here’s how much you need to join the

Billionaire Mark Cuban built his career using advice his dad gave him at age 14: Time is your most valuable asset. For much of his Cuban’s childhood, his dad Norton worked 60 hours per week for a company that upholstered cars outside of Pittsburgh, Cuban tells CNBC Make It. Sometimes, his dad brought him along

The Port of Fontvieille Harbor in the Principality of Monaco. Education Images | Universal Images Group | Getty Images The ultrawealthy are looking for a better lifestyle and strong investment when it comes to buying their next home, according to a new study. One-quarter of American ultra-high-net individuals, or those worth $30 million or more,

Getty Images If you’re expecting a tax refund this season, you can avoid delays by filing a complete and accurate return. But first, you’ll need to gather your tax forms. You get tax forms such as W-2s and 1099s from employers and financial institutions each year. Those entities also send the IRS copies, called “information

Mark Cuban and Justin Huang have a mutual love for education — and a mutual hate for killing bugs. The two hit it off on Friday’s episode of ABC’s “Shark Tank,” where Huang pitched his product, Cup-a-Bug, to the show’s investor judges. Huang’s handheld device lets you trap bugs without killing them, similar to using

Witthaya Prasongsin | Moment | Getty Images Despite a slump in U.S. home sales, many homeowners made a profit selling property in 2023. Those gains could trigger a tax bill this season, depending on the size of the windfall, experts say. In 2023, home sellers made a $121,000 profit on the typical median-priced single-family home,

Mercedes-AMG GT 43 4MATIC+ on display at Brussels Expo on January 9, 2020 in Brussels, Belgium.  Sjoerd Van Der Wal | Getty Images News | Getty Images Mercedes-Benz shares gained around 5% on Thursday morning after the German carmaker beat fourth-quarter earnings expectations and announced a new share buyback program, despite warning of “exceptional” risks

The nation’s millionaires and billionaires are evading more than $150 billion a year in taxes, adding to growing government deficits and creating a “lack of fairness” in the tax system, according to the head of the Internal Revenue Service. The IRS, with billion of dollars in new funding from Congress, has launched a sweeping crackdown

Sonja Prokopec took her son on their first “solo” trip together when he was six years old. They went to Rome, and it was so memorable that Prokopec said she’s now planning their second trip this summer. “I really enjoy one-on-one time which we have when travelling alone,” she said. “There are no distractions, no

Some ideas are born on Ivy League campuses. Others, at a California Pizza Kitchen. That’s where Mark Cuban and his college friend Todd Wagner were in 1995, eating lunch and talking about Indiana University basketball. They lived in Dallas, and had to listen to games on the phone with someone physically in Bloomington, Indiana. “There’s

Outbound passengers queue up to check in at Yantai Penglai International Airport on February 9, 2023 in Yantai, Shandong Province of China.  Vcg | Visual China Group | Getty Images Asia-Pacific’s travel sector is seeing strong growth, with demand for flights set to match pre-pandemic levels this year — thanks to Chinese tourists. The region’s

IRS Commissioner Daniel Werfel testifies before the Senate Finance Committee on April 19, 2023. Chip Somodevilla | Getty Images The IRS will continue to crack down on top earners who haven’t paid taxes owed — and certain returns may see increased scrutiny, experts say. “We are working to reverse the historically low audit rates for

Kali9 | E+ | Getty Images Black women are outpacing Black men when it comes homebuying. Single female homebuyers are most common among Black women, representing 27% of Black homebuyers, according to the 2023 Snapshot of Race and Home Buying in America report by the National Association of Realtors. To compare, single women represent 24% of

Lucy Alexandra Spencer spent 16 weeks abroad last year in Oman, France, Switzerland and Portugal. Unlike with most people, traveling is how she earns — rather than spends — money. The trips are paid for by Spencer’s employers — they’re wealthy Europeans and Americans who hire her to travel with their families for weeks and,

Barbara Corcoran turned an unpleasant retail experience into a business lesson she still uses today. Years ago, while shopping with her brother, the millionaire co-star of ABC’s “Shark Tank” encountered a sales associate who left a bad taste in her mouth, she said in a recent TikTok video. “[I was] trying to pay for a

Younger generations grew their wealth much faster than older Americans after the pandemic began, thanks largely to stocks, according to a new study. The total wealth of Americans under 40 surged by 80%, to $9.5 trillion, between the first quarter of 2019 and the third quarter of 2023, according to a study by the New

Strauss/curtis | The Image Bank | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. While many institutional investors are trimming their alternative investments such as hedge funds

After nearly four years, the Eastern & Oriental Express is back on the rails.     The train, which is operated by the luxury travel company Belmond, this week welcomed its first set of passengers since it stopped running as a result of the Covid-19 pandemic.    The luxury train has been operating in Southeast Asia

(L to R) Brazil’s President Michel Temer, Russia’s President Vladimir Putin, China’s President Xi Jinping, South Africa’s President Jacob Zuma and India’s Prime Minister Narendra Modi pose for a group photo during the BRICS Summit on September 4, 2017. Wu Hong | Afp | Getty Images Millionaire population in the BRICS countries will see a

Image Source | Image Source | Getty Images As Americans file returns this season, some worry about IRS audits amid agency efforts to ramp up service, technology and enforcement. Recent IRS enforcement has targeted high-income individuals, large corporations and complex partnerships. But everyday filers could still face an audit — and certain issues are more

Artistgndphotography | E+ | Getty Images With tax season in full swing, the IRS has issued more than 2.6 million refunds worth about $3.65 billion, as of Feb. 2, the agency reported last week. So far, the average refund is $1,395, compared with $1,963 one year ago, which is roughly 29% smaller. However, since the

Jeff Bezos and Lauren Sanchez walk in the Paddock prior to final practice ahead of the F1 Grand Prix of Miami at Miami International Autodrome on May 06, 2023 in Miami, Florida.  Clive Mason | Formula 1 | Getty Images Jeff Bezos’ $2 billion stock sale last week came with an added perk: no state