Wealth

The Supreme Court on Thursday declined to greenlight President Joe Biden’s sweeping student debt forgiveness plan. Instead, the court said it will hear full oral arguments from both sides of the issue in February on an expedited basis. It will then issue a final ruling, per its official procedures, likely in June, at the end

Running one of the world’s biggest companies — and earning millions per year while doing so — sounds like a no-brainer for most people. But when Amazon founder Jeff Bezos asked Andy Jassy to take over as CEO last year, Jassy didn’t immediately say “yes.” On Wednesday, Jassy explained why he needed time to think

I thought I managed to beat the tourist crowds on my recent trip to Japan. On my first night in Osaka, I managed to get a picture with the famed Glico sign without anyone else in the background. Zoom In IconArrows pointing outwards Days later, CNBC’s Abigail Ng saw multiple groups of people flocking to

Jeff Bezos has committed to giving away the “majority” of his $116 billion fortune during his lifetime — but when it comes to signing the Giving Pledge, the Amazon founder remains mum. The pledge, launched by Bill Gates and Warren Buffett in 2010, is a campaign that encourages billionaires from across industries to commit to

Most newly appointed bosses get the big corner office when they take over companies. But when Mark Cuban bought the Dallas Mavericks for $285 million in January 2000, he didn’t get his own floor-to-ceiling windows or a mahogany desk. Instead, he sat with nine other salesmen in an open plan office. In a recent interview

Charles Taylor | Getty Images After nearly a year of high inflation, rising interest rates and stock market volatility, it’s easy to see why many Americans are cutting back on holiday gifts. While it may not feel like a top priority, experts say trimming your 2022 tax bill may boost your finances going into the

In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk Twitter account displayed on a phone screen and Twitter logo displayed on a screen in the background are seen in this illustration photo taken in Krakow, Poland on November 22, 2022. Jakub Porzycki | Nurphoto | Getty Images Elon Musk said in a

Many shoppers say they plan to spend less this Black Friday as the cost-of-living crisis bites. Richard Baker | In Pictures | Getty Images Black Friday may offer an opportunity to bag a bargain ahead of the festive period, but many shoppers will be expecting retailers to cut prices by a greater margin this year

A yacht that can be rented to watch the World Cup while sailing around Dubai is docked in Dubai harbor on November 1, 2022, ahead of the Qatar 2022 FIFA World Cup football tournament. Photo by Giuseppe CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images) Giuseppe Cacace | Afp | Getty Images DUBAI,

Getty Images The IRS on Tuesday shared tips for the upcoming tax season — including a reminder about the new $600 threshold for receiving Form 1099-K for third-party payments. The change applies to payments from third-party networks, such as Venmo or PayPal, for transactions such as part-time work, side jobs or selling goods, according to

Ariel Skelley | Getty Images Giving Tuesday is approaching, and it’s possible to score a tax break while funding your favorite cause. But there are key rules to know before opening your wallet, experts say. An estimated 35 million U.S. adults participated in Giving Tuesday in 2021, donating total gifts of $2.7 billion, a 9%

This holiday season, billionaire Bill Gates is gifting you a list of five books to read while you’re hopefully enjoying some much-deserved downtime. Gates, a voracious reader who reads at least 50 books each year, regularly releases lists of the best books he’s read each year — alongside seasonal recommendations for holiday books and summer