Wealth

A Gucci store at Harbour City shopping mall, operated by Wharf Holdings Ltd., in Hong Kong, China, on Friday, June 2, 2023.  Bloomberg | Getty Images Shares of French luxury group Kering plunged 14% on Tuesday after the company warned that Gucci sales look set to fall 20% year-on-year in the first quarter, amid declining

red_moon_rise The rules around claiming Social Security benefits are full of caveats and nuances. Among them is a valuable quirk for certain divorced spouses: In many cases, the monthly Social Security benefit you can claim based on a former spouse’s work history essentially doubles when they die. “Your ex is worth twice as much dead

A Ferrari is parked outside the New York Stock Exchange in celebration of Ferrari Automotive Company’s IPO on October 21, 2015 in New York City. Andrew Burton | Getty Images Ferrari CEO Benedetto Vigna promised on Tuesday that the luxury carmaker’s new electric vehicle will offer drivers the same roar as its historic combustion engines.

Mega Millions jackpot prize has grown to $792 million ahead of Friday night’s draw — its sixth highest total ever. However, the winnings you’d take home will vary depending on how they’re taxed in your state, as well as your choice of payout. To win the jackpot, you’ll need to match numbers with all five

Cavan Images | Getty Images The federal tax deadline is officially one month away for most filers — and experts say there are some key things to know this season. As of March 1, the IRS received roughly 54 million individual returns, which is less than 40% of the 146 million expected this season, according

Jensen Huang has a simple message for young people who want to achieve “greatness”: No pain, no gain. That was essentially the Nvidia CEO’s message for students at his alma mater, Stanford University, where he spoke last week at the Stanford Institute for Economic Policy Research. “Greatness is not intelligence. Greatness comes from character. And

Calls for a wealth tax on the world’s super-rich are once again gaining attention after U.S. President Joe Biden said he would impose a new “billionaire tax” on the country’s wealthiest if re-elected in November. Outlining his 2025 budget proposals on Monday, Biden took aim at the uber affluent and reiterated plans for a 25%

Japan is launching a new high-speed bullet train, or shinkansen, extension on Saturday that will make an under-the-radar prefecture far more accessible to travelers. The coastal Fukui Prefecture is some 185 miles west of Tokyo. The new train will pass through the city of Fukui, the town of Awara and other places guidebooks rarely mention,

Bill and Melinda Gates brace the rain as they visit the township of Khayelitsha on October 25, 2019 in Cape Town, South Africa. Brenton Geach | Gallo Images | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign

This combination of pictures created on February 17, 2024, shows U.S. President Joe Biden waving from the South Lawn of the White House in Washington, D.C., on June 1, 2023, and former President Donald Trump waving to the media outside the White House on Jan. 12, 2021. Jim Watson | Brendan Smialowski | AFP |

The Porsche Mission X on display at the IAA Mobility 2023 show in Munich, Germany. Arjun Kharpal | CNBC Porsche on Tuesday warned that profitability will decline this year as it launches new models amid tough economic conditions, but hiked its dividend on the back of a rise in 2023 operating profit. The German luxury

Tony Fernandes, chief executive officer of Capital A Bhd., during the Milken Institute Asia Summit in Singapore, on Thursday, Sept. 14, 2023. The summit runs through Sept. 15. Bloomberg | Bloomberg | Getty Images AirAsia founder and CEO Tony Fernandes says he does not regret the viral LinkedIn post that showed him receiving a massage