Wealth

In this article 4922.T-JP 4911.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Travel restrictions launched in the wake of China’s border reopening may be affecting where people there are booking trips. But it’s not out of spite, said several Chinese travelers who spoke to CNBC. It’s because some countries aren’t letting them in easily, they said.

Mark Cuban says he’d be just as happy today without as much as 99% of his estimated $4.6 billion fortune. In an interview with CBS’s “Sunday Morning” on Sunday, the 64-year-old owner of the NBA’s Dallas Mavericks was adamant that he doesn’t need his billions. When asked if he’d be happy with “1% of what

mediaphotos | E+ | Getty Images Tax season is almost here, and there are key things to know before the IRS begins accepting individual returns, experts say.  While tax filing for business returns kicks off on Jan. 12, the IRS hasn’t announced the opening date for individual filers. Last year, the tax-filing season began on

South Korea on Tuesday hit back at claims that its Covid rules for Chinese travelers are “discriminatory,” saying more than half of its imported cases are coming from China. In a response to CNBC, Seung-ho Choi, a deputy director at the Korea Disease Control and Prevention Agency said that up to 80% of “imported confirmed

New U.S. Speaker of the House Kevin McCarthy, R-Calif., speaks with reporters in Washington, Jan. 7, 2023. Jon Cherry | Reuters House Republicans on Monday night voted to slash funding for the IRS, following a pledge from newly-elected Speaker Kevin McCarthy to repeal the money approved by Congress last year.    Passing along party lines, the

Scott Olson | Getty Images If you’ve never had family or friends hit you up for money, that is likely to change if you were to win the $1.1 billion Mega Millions jackpot. The grand prize has been climbing through twice-weekly drawings since mid-October, with no ticket matching all six numbers drawn to land the

Rolls-Royce sold a record number of cars in 2022 as demand for its $500,000 vehicles remained strong, despite recession fears, according to CEO Torsten Muller-Otvos. “We haven’t seen any slowdown or downturn,” Muller-Otvos told CNBC. “We haven’t seen any negative impact.” Rolls-Royce delivered 6,021 cars last year, up 8% over 2021 and the first time

After home financing costs nearly doubled in 2022, some relief is in sight for potential homebuyers in 2023. The interest rate for a 30-year fixed-rate mortgage in the U.S. is expected to drop to 5.25% by the end of this year, according to a forecast by the financial services website Bankrate. That’s 1.49 percentage points

Jamie Grill | Getty Images It’s not easy to prioritize financial goals, especially when choosing between two essentials in an unsteady economy: saving for retirement or building your emergency fund.  While there are higher 401(k) contribution limits for 2023, you shouldn’t skip rainy day savings to max out your retirement plan, experts say.  Indeed, more

When billionaire Richard Branson was 15, he dropped out of school to run a magazine. On a recent episode of the “Armchair Expert” podcast hosted by Dax Shepard and Monica Padman, the Virgin Group founder said he made the decision for a simple reason: He knew he could make money at it. By cold-calling companies

When Elon Musk became the first person in history to lose more than $200 billion in net worth, the door opened for someone new atop the rankings of the world’s wealthiest people. That would be France’s Bernard Arnault, the 73-year-old co-founder and CEO of LVMH, the luxury goods conglomerate known for operating iconic brands like

Marko Geber | DigitalVision | Getty Images If you didn’t pay enough taxes in 2022, there’s still time to avoid a “surprise tax bill” and bypass extra penalties, according to the IRS.  The deadline for fourth-quarter estimated tax payments for 2022 is Jan. 17, which applies to income from self-employment, investments, gig economy work and