Wealth

Consumers are sending mixed signals. For the most part, people are concerned about inflation and the direction of the U.S. economy. Consumer spending sank in March, according to Morning Consult. “Sticker shock” has taken a toll, the report found, with consumers more likely to walk away from a purchase because the price is too high. However, many

Mark Cuban is riled up about Twitter’s new subscription protocol. The billionaire investor and owner of the NBA’s Dallas Mavericks recently took to Twitter to air his grievances and present ideas, after the platform removed blue checkmarks from countless previously verified accounts. Cuban wrote that Twitter CEO Elon Musk botched a marketing opportunity, and could

FatCamera | E+ | Getty Images If you had a surprise tax bill this season, it’s not too soon to prepare for next year, financial experts say. As of April 14, the IRS processed nearly 76 million refunds, with an average payment of $2,840, which is 8.5% smaller than refunds at the same point last

A beachfront residence is seen in East Hampton, New York. Jeffrey Basinger | Reuters The average price for a house in the Hamptons hit a record $3 million in the first quarter, highlighting a shortage of trophy beach homes for sale and the resilience of wealthy buyers. The average sales price in the New York

Bill Gates believes there’s only one way to know if you truly understand a subject: Can you explain it to a child? The billionaire Microsoft co-founder’s lifelong love of math was put to the test when he tried explaining mathematical concepts to his then-school-aged children — and, it didn’t always go smoothly, Gates said in

Willie B. Thomas | DigitalVision | Getty Images Financial stability is a concern for many older Americans, and challenges can be greater among marginalized groups such as elders in the LGBTQ+ community. But a free financial literacy app called SAGECents is looking to change that. LGBTQ+ Americans are less likely to feel confident about having enough

Britain is gearing up for days of pomp and pageantry in early May as its new monarch is crowned in a coronation ceremony not seen in the country for 70 years. Millions of people are expected to travel to and around the United Kingdom to witness the coronation of King Charles III and Queen Camilla

A pedestrian carries a Louis Vuitton shopping bag, from a store operated by LVMH Moet Hennessy Louis Vuitton SE, on New Bond Street in London, U.K., on Wednesday, Oct. 21, 2020. Hollie Adams | Bloomberg | Getty Images Luxury goods giant LVMH on Monday became the first European company to surpass $500 billion in market

The days of high-flying, big-spending business travel may be over for good. As a new report by research company Morning Consult declared: Business travel will never return to normal. Tighter corporate budgets and new ways of virtual working have permanently changed business travel, according to the report, titled “Business, but Not as Usual.” The report

Barbara Corcoran experienced every professional’s worst nightmare: She landed her dream job, only to have the offer rescinded. Before the first season of ABC’s “Shark Tank” aired in 2009, a producer’s secretary reached out to Corcoran and asked the real estate tycoon to be an investor on the show. She “signed the contract without looking

Soon, artificial intelligence could help teach your kids and improve their grades. That’s according to billionaire Microsoft co-founder Bill Gates, who says AI chatbots are on track to help children learn to read and hone their writing skills in 18 months time. “The AI’s will get to that ability, to be as good a tutor

Billionaire investor Warren Buffett says he worries about a few things. The success of his company isn’t one of them. Asked if he was worried about Berkshire Hathaway’s trajectory amid current economic headwinds, from banking failures to rising interest rates, the 92-year-old recently made his feelings clear on CNBC’s “Squawk Box.” “At 92, I’ve got

In this article MORN Follow your favorite stocksCREATE FREE ACCOUNT Edwin Tan | E+ | Getty Images Breakups are always hard. The relationship with your financial advisor is no different. But there are some telltale signs it’s probably time to call it quits, experts say. “When it comes down to it, it’s a business relationship,”

Some people shy away from criticism and negative feedback. Not Apple CEO Tim Cook. When Cook took the helm of the tech giant in August 2011, he faced widespread skepticism that he could effectively fill Steve Jobs’ shoes, he recently told GQ. The criticism didn’t stop there — Cook has since faced backlash for his

Caiaimage/chris Ryan | Istock | Getty Images While U.S. voters are divided on many issues today, there are at least two where they can agree: They want a stronger economy and better education. The good news for policymakers is that there is a simple way to make voters happier on both fronts: They can increase

Sergey Mironov | Moment | Getty Images If you had a surprise tax bill this season or your refund was smaller than expected, it may be a good time to review your paycheck withholdings. The IRS collects taxes throughout the year, typically through paycheck withholdings for W-2 employees or quarterly estimated tax payments for self-employed

Danny Werfel, commissioner of the Internal Revenue Service (IRS), speaks during a Senate Finance Committee hearing in Washington, DC, on Wednesday, April 19, 2023. Al Drago | Bloomberg | Getty Images As tax season winds down, questions remain about the future of free filing options from the IRS — including a possible direct e-file option

So much for cheap tickets selling out first. The priciest tickets to attend Singapore’s Formula One race this year are gone, despite being priced at an all-time high of 11,016 Singapore dollars ($8,260) for a three-day pass. Tickets for the “Paddock Club” entitle ticketholders to air-conditioned suites, unlimited Champagne, food and live performances, plus “exclusive

Hangzhou in China is one of the cities where wealth has grown the fastest in the past decade, a new report says. Zhuzhu | Istock | Getty Images Despite recession concerns and market turbulence, wealth is growing in some parts of the world — and at times, significantly so, according to a new report by

Japan wants travelers to go beyond the country’s iconic tourist sites — and consider spending their yen in lesser-known locations. The government-backed Japan Tourism Agency selected 11 destinations as part of a “model tourism” project to get “high-value-added” inbound travelers to visit different parts of the country, according to a press release. The 11 destinations