Wealth

People outside courthouse for the trial of Elizabeth Holmes. Yasmin Khorram | CNBC SAN JOSE, CALIF. — As Elizabeth Holmes testifies in her own defense, she’s getting a little help from her friends.  CNBC has learned Holmes has called former friends and sorority sisters from Kappa Alpha Theta at Stanford asking if they would go

Spend a few hours online and you will find plenty of material providing you well-researched answers to lots of financial questions. But for all of the nuance and tax-efficiency and data mining, much of the classic personal finance advice boils down to a few basic principles: Make as much money as you can, spend as

Long before the Great Resignation drove record numbers of American workers to quit their jobs in the wake of the pandemic, quitting had been a key part of my career growth and wealth-building strategy.   I started my first full-time job in 2010, at age 22. Since then, I’ve quit jobs six times — increasing my

CEOs and corporate insiders have sold a record $69 billion in stock in 2021, as looming tax hikes and lofty share prices encourage many to take profits. From Satya Nadella at Microsoft to Jeff Bezos and Elon Musk, CEOs, founders and insiders have been cashing in their stock at the highest pace on record. As

A cityscape of Tel Aviv, with the first skyscraper, The Meir Shalom tower, in front, and newer buildings such as the Azrieli towers and Moshe Aviv tower in the back. Ilan Shacham | Getty Images Tel Aviv, Israel, is now the most expensive city in the world to live in, according to a biannual report

Elizabeth Holmes, founder of Theranos Inc., arrives at federal court in San Jose, California, U.S., on Tuesday, Nov. 30, 2021. David Paul Morris | Bloomberg | Getty Images SAN JOSE, CALIF. — In her first day facing questions from the prosecution, Theranos founder Elizabeth Holmes admitted that she tried to get News Corp’s Rupert Murdoch

If SpaceX really is staring down a potential bankruptcy, at least it wouldn’t be the first time. On Tuesday, CNBC obtained a copy of a letter that SpaceX CEO Elon Musk sent to his employees the day after Thanksgiving, in which the billionaire said the rocket company could be at “genuine risk of bankruptcy,” unless

Private air travel is prospering under the pandemic. In fact, interest is so high that many private jet companies have a different problem of their hands: keeping up with demand. Private aviation company VistaJet said new memberships for the first half of 2021 are up 53% compared to 2020, with Europe bringing in the greatest

skynesher After last year’s pandemic-related restrictions, many Americans are ready to embrace the holidays. But people should also invest a little time to get a jump-start on the upcoming tax season. There are still opportunities to lower tax bills, such as 401(k) contributions, tax-loss harvesting, charitable giving or Roth individual retirement account conversions. However, filers

Private jet demand is booming — to the extent that companies can’t produce them quickly enough and buyers are facing extended wait periods for deliveries. Even secondhand business jets are vanishing from the market.      “If you look at today compared to 2019, the market has almost exploded,” John Schmidt, global aerospace and defense industry

The newest trend in holiday gifts doesn’t take up space in carry-on luggage or add weight to checked bags. It doesn’t even need to be packed. Rather than giving holidaymakers new gear for travel — electronics organizers, Yeti thermoses, yet another airplane pillow — some are giving travel itself.    A survey of more than

In the spring of 2020, Sam Gach was still adjusting to his growing fame on social media. Known primarily for his yoga videos, Gach had grown his online following to 250,000 on Instagram and 200,000 on TikTok, and had left his job as a social media manager at Kellogg’s just before the pandemic to become