It may have seemed like a good idea at the time. In an apparent attempt to create a shortcut, two people allegedly used heavy machinery to remove a sizeable section of the Great Wall of China in Shanxi province, according to an online notice by local authorities. The duo used an excavator to widen a
Wealth
I’ve been a professor of economics for nearly 40 years. My goal has always been to make the subject as accessible as possible for everyone, on both a personal and global level. One of the biggest lessons I share with my students — and people who ask me for personal finance tips — is that
Hundreds of millions of people have crypto investments. A new report shows how many crypto millionaires and billionaires exist. Antonio_diaz | Istock | Getty Images Hundreds of millions of people around the world have some form of crypto holdings, whether that is in bitcoin or one of the many other digital currencies. To be exact,
Yearning for a good night’s sleep? Join the club. Globally, more people searched about sleep this year than ever before, according to data released by Google Trends last week. People are turning to the internet to learn about bedtime routines, sleep positions and to understand — “Why am I so tired all the time?” —
Powerball’s jackpot has risen to a sizable $420 million ahead of Saturday night’s draw, although the take-home amount will vary based on your choice of payout and the state taxes where you live. There are two payout options when you win the jackpot: The amount spread out over 30 years as an annual payment, or
An image of the Honor V Purse. Chinese smartphone giant Honor showed off the concept device at the IFA technology show in Berlin as it looks to highlight its innovation. Honor Chinese smartphone firm Honor on Friday unveiled a concept smartphone designed to be worn like a handbag. The concept phone, displayed at the IFA
Some kids gain confidence from report cards and gold medals. Dallas Mavericks owner Mark Cuban built his by dancing. His mother taught him after the 12-year-old Cuban chipped his two front teeth and was forced to wear “silver stainless steel” caps, he told NBC’s “TODAY” last year. “I was a little short chubby kid [and] my
Bill Gates has spent years, and billions of dollars, working to combat climate change. The billionaire’s foundation has invested vast sums in various climate tech solutions while regularly raising the alarm about the leading contributors to climate change, like the greenhouse gas emissions stemming from major energy and manufacturing companies burning fossil fuels at prodigious
They say love doesn’t cost a thing. But that certainly isn’t true of weddings. In 2022, couples in the United States spent, on average, nearly $30,000 to get married, according to a report from the wedding website The Knot. But it wasn’t always this way. In the 1950s, the “Complete Guide to Wedding Etiquette” advised
Terry Vine | Getty Images Higher earners who maximize retirement savings now have more time for pretax catch-up 401(k) contributions, thanks to new IRS guidance. Currently, “catch-up contributions” allow savers 50 and older to funnel an extra $7,500 into 401(k) plans and other retirement plans beyond the $22,500 employee deferral limit for 2023. A change
Starting Monday, passengers flying on Korean Air may be asked to step on a scale before boarding their flight. The exercise, which will last about three weeks, is required by law and applies to all Korean flag carriers, a Korean Air representative told CNBC. The law requires airlines to weigh passengers and their carry-on luggage
A tray of Rolex watches are seen on a dealer’s stand at the London Watch Show on March 19, 2022 in London, England. Leon Neal | Getty Images The Watches of Switzerland Group lost a quarter of its value on Friday morning, heading for the stock’s worst day ever, after luxury watchmaker Rolex announced a
Artistgndphotography | E+ | Getty Images Savers are now getting higher cash yields after several interest rate hikes from the Federal Reserve. But taxes on those earnings could be a surprise, experts say. As of Aug. 24, the top 1% of savings accounts were paying average rates north of 4.5%, and the most competitive one-year
In a Good Morning America appearance earlier this year, Corcoran doubled down on that advice, saying it’s essential to know what the house you may have viewed in the early afternoon looks like at all times of the day. “People fall in love with the house and think at that moment in time it’s their
When Barbara Corcoran started her real estate firm at age 23, she quickly noticed a difference between herself and her competitors. “I realized that everyone successful looked the part,” Corcoran, now a 74-year-old millionaire investor, said in a recent TikTok video. “At the time, I was still wearing my old navy blue pea coat from
In this article RACE-IT Follow your favorite stocksCREATE FREE ACCOUNT Despite a waiting list of three years for some of its cars, Ferrari’s CEO said the company has no plans to supercharge production to meet demand. “We are a brand that is not looking for volume,” Ferrari CEO Benedetto Vigna told CNBC in an exclusive
Plenty of people aspire to be wealthy, but fortune and fame can have their downsides. Take it from Mark Cuban — or, rather, his kids. The three children, who range in age from 13 to 20, are keenly aware that people make assumptions about them due to their father’s wealth, Cuban recently told TikToker Bobbi
Two and a half years after Roni Dagan’s husband died, she and her seven-year-old son, Gal, found solace in places far from home. They didn’t confine themselves to a single location. The act of traveling itself is what has brought Dagan and her child joy — something they started after that first year of grieving.
For a long time, I had a scarcity mindset about money. But through reading, I changed how I thought about my finances. I invested in real estate, started a small business, and ultimately became a millionaire at age 37. I’ve found that the life lessons we get from books help us achieve our goals faster,
For once, having a high student debt balance could be a good thing. Tell Frontier Airlines how much you owe in student loans and you could be one of 100 lucky winners who will receive an airline mile for every dollar you owe, up to 100,000 miles, the airline announced last week. Student loan borrowers
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