Biden’s ‘billionaire tax’ takes aim at the super-rich — but can a wealth tax work in reality?
Calls for a wealth tax on the world’s super-rich are once again gaining attention after U.S. President Joe Biden said…
Trump’s best option to get $540 million for legal judgments could be ‘clean’ property with private lenders
Donald Trump is racing to stave off a pair of civil penalties totaling nearly $540 million, without having to first…
Berkshire shares slip after hitting all-time high on big profit gain
Berkshire Hathaway shares slipped Monday, despite hitting an all-time high following strong earnings from Warren Buffett’s conglomerate over the weekend.…
LVMH shares jump over 12% as earnings point to luxury sector resilience
LVMH shares jumped more than 12% on Friday morning, after the world’s largest luxury group posted higher-than-expected sales for 2023…
Fat Cat Thursday: UK CEO pay already exceeds average worker salary for the year
The average FTSE 100 CEO will have earned more this year than the median full-time worker’s annual salary by 1…
Saudi Arabia’s sovereign wealth fund overtakes Singapore’s GIC to top spending table
Saudi Arabia’s Public Investment Fund (PIF) was the top spender among global sovereign wealth funds last year, accounting for about…
Gen Z, millennials say money talks should happen before the relationship gets serious, study finds
While most Americans say couples should talk about money honestly before living together, Gen Z and millennials believe the conversation…
Charlie Munger, investing genius and Warren Buffett’s right-hand man, dies at age 99
Billionaire Charlie Munger, the investing sage who made a fortune even before he became Warren Buffett’s right-hand man at Berkshire…
Net worth surged 37% in pandemic era for the typical family, Fed finds — the most on record
Net worth surged for the typical family during the pandemic era, largely on the back on higher home and stock…
