Wealth

In this article MC-FR Follow your favorite stocksCREATE FREE ACCOUNT Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, speaks during a press conference to present the 2023 annual results of LVMH in Paris, France, January 25, 2024.  Benoit Tessier | Reuters LVMH shares jumped more than 8% on Friday morning, after the

Jeff Bezos built Amazon into a tech behemoth and “everything store” that’s now worth $1.6 trillion.  He did it by being “arguably the most unusual business leader of our era,” current Amazon CEO Andy Jassy told Fortune in a recent interview at the World Economic Forum in Davos, Switzerland. Jassy, Bezos’ longtime deputy, took the

Kate_sept2004 | E+ | Getty Images House lawmakers on Friday advanced a $78 billion bipartisan tax package, which includes temporary child tax credit changes that could affect millions of families this filing season. The plan temporarily expands access to the child tax credit with retroactive changes. If it is enacted, eligible families could see an

U.S. Treasury Secretary Janet Yellen speaks at the International Brotherhood of Electrical Workers 357 union hall in Las Vegas on Aug. 14, 2023. Ronda Churchill | Bloomberg | Getty Images With the opening of tax season only days away, the IRS has unveiled a plan to simplify the millions of complicated notices sent to taxpayers

In just three years, the world has witnessed a “supercharged surge in extreme wealth,” new data shows.   In the U.S. alone, billionaires are 46% richer than they were in 2020, while the three wealthiest men — Elon Musk, Jeff Bezos and Larry Ellison — have increased their net worth by 84%, a recent Oxfam

Hidden cameras are being found in hotel rooms, house rentals, cruise ships, and even airplane bathrooms, leaving many travelers to wonder: “Could a hidden camera be watching me?” Spycams, as they’re called, are getting smaller, harder to find and easier to buy. From alarm clocks to air fresheners, water bottles and toothbrush holders, cameras come

From asking for a promotion to requesting a favor from a friend, many people shy away from asking directly for the things they want. It’s understandable: You’d rather not risk the disappointment of hearing the word “no.” But ultimately, it’s a counterproductive approach, according to OpenAI CEO Sam Altman. “Being clear about what you want

Just months ago, we were coveting Loro Piana cashmere baseball hats and $300 Smythson notebooks in the name of “quiet luxury” and justifying such expensive purchases using “girl math.” But in 2024, there’s a new idea taking hold that overtly rejects the urge to overspend and promotes speaking up about saving money — welcome to

The increase in wealth has been seen from stronger retail participation, larger investments into the Indian stock markets, and gold and property purchases. Sopa Images | Lightrocket | Getty Images Rising disposable incomes are set to power India’s consumption story, further boosting the country’s consumer sector that is fast becoming a key driver for economic

Internal Revenue Commissioner Danny Werfel speaks during his swearing in ceremony at the IRS on April 4, 2023 in Washington, DC. (Photo by Bonnie Cash/Getty Images) Bonnie Cash | Getty Images News | Getty Images As Americans prepare for the opening of tax season, lawmakers are racing to avert a government shutdown. If they fail

An employee arranges a display of Omega SA watches in the window of a Watches of Switzerland Group Plc store on Regent Street in London, UK, on Wednesday, Aug. 30, 2023. One of Watches of Switzerland Group Plc’s biggest investors cut its stake in the UK-listed timepiece retailer less than 24 hours after Rolex SA decided to buy a

Austrian Marlene Engelhorn, who inherited from her family who owns the Germany’s chemical giant BASF, poses with a placard reading “Tax the rich!” at the entrance of the Congress center on the opening of the annual meeting of the World Economic Forum (WEF) in Davos, on January 15, 2024. (Photo by Fabrice COFFRINI / AFP)