Wealth

Cecilie Arcurs | Getty Images There’s about one month until the Oct. 17 tax deadline extension, and experts say filers need to prepare, especially for more complicated returns. An estimated all-time high of 19 million American taxpayers filed an extension for their 2021 returns, according to the IRS. Kevin Brady, a certified financial planner and

It was a heist that was as brazen as it was simple. On the morning of Nov. 29, 1985, a couple entered The University of Arizona Museum of Art in Tucson, Arizona. Within minutes, “Woman-Ochre” — a painting by the Dutch-American artist Willem de Kooning — was gone. The museum’s curator Olivia Miller described the

The founder of outdoor apparel maker Patagonia is donating his company to a greater cause: fighting climate change. Yvon Chouinard, the rock climber-turned-billionaire, and his family have transferred their ownership of Patagonia to the newly created Patagonia Purpose Trust and nonprofit Holdfast Collective. The two entities will ensure that all of Patagonia’s profits go toward

The total private wealth held by New York residents was found to exceed $3 trillion. Alexander Spatari via Getty Images New York City is home to the most high-net-worth individuals in the world, according to a new report by investment migration consultancy Henley & Partners. Around 345,600 millionaires reside in the Big Apple, alongside 15,470

Getty Images If you haven’t been sending part of your income to the IRS in recent months, this week is the last chance to avoid a tax penalty. The deadline for third-quarter estimated taxes is Sept. 15, applying to income from self-employment, small businesses, investments, gig economy work and more, according to the agency. “It’s

In her ongoing crusade to give away at least half of her wealth, billionaire MacKenzie Scott is now gifting mansions to charity. Scott recently donated two of her homes — both in Beverly Hills, California — to the California Community Foundation (CCF), which provides grants to mission-based nonprofits in Los Angeles. The organization intends to

In this article RACE Ferrari Purosangue Source: Ferrari Ferrari on Tuesday revealed its new Purosangue, the 75-year-old sports car maker’s first-ever four-door production vehicle. The Purosangue looks like an SUV, akin to other luxury sports SUVs from brands like Porsche and Maserati. But despite its size, shape and higher stance, the company insists that the

Source: Getty Images If you missed the deadline for 2019 or 2020 tax returns, you may receive a refund for late-filing penalties. But you must file overdue returns by Sept. 30 to qualify. The IRS will shell out more than $1.2 billion in collective refunds or credits to nearly 1.6 million late filers, according to

Reality TV star Kim Kardashian launched a private equity fund, Skky Partners, which she co-founded with Jay Sammons, a former partner at the investment firm Carlyle Group. Photo by James Devaney/GC Images via Getty Images Reality TV star Kim Kardashian launched a private equity fund, Skky Partners, which she co-founded with Jay Sammons, a former

Will Lester | Medianews Group | Getty Images The clock is ticking for whoever landed the $1.34 billion Mega Millions jackpot in late July — if they want to claim their prize as a lump sum. In Illinois, where the winning ticket was sold, Mega Millions winners get a year to claim their windfall if

Hinterhaus Productions After boosting paid parental leave during the pandemic, many companies are now cutting or reducing the popular employee benefit.   In 2022, organizations with paid maternity leave dropped to 35% from 53% in 2020, according to the Society for Human Resource Management’s employee benefits survey. And fewer than one-third, 27%, now provide paid paternity

Tim Cook says it’s never been his goal to run Apple the exact same way Steve Jobs did. But Jobs’ influence is still strongly felt at the company, Cook says — and it likely always will be. “We don’t sit around and say: ‘What would Steve do?’ He told us not to do that,” Cook

There was a time when Western Europe was the destination of choice for Russian tourists. But things have changed. Max, a Russian in his 40s, used to stroll museums in France, enjoy fine cuisine in Italy, and go on hikes on the hills of Spain. Then Russia invaded Ukraine. This year, Max, who told CNBC

Queen Elizabeth II smiles as she visits Cyfarthfa High School and Castle on April 26, 2012 Chris Jackson WPA – Pool | Getty Images Entertainment | Getty Images Queen Elizabeth II was admired at home and around the world during her reign — the longest in British and world history. Having ascended to the throne

Over 13 years of making deals on ABC’s “Shark Tank,” Kevin O’Leary says he’s noticed a common thread among the companies that have brought him the best investment returns. They’re mostly owned or run by women. “This is real data: 75% of my returns have come from companies run by women,” O’Leary tells CNBC Make

In 2017, I was 29 years old and making $30,000 a year as a church music director and private music teacher. My husband was a middle school music teacher, and made $48,000 a year. With two children — both under four years old at the time — and $80,000 in combined student debt, we struggled to

london, uk Peter Muller | Image Source | Getty Images Few things cause more financial distress and anxiety than a large slug of high-interest rate credit card debt. Millions of Americans of all income levels carry large balances on credit cards that charge very high interest rates. According to Federal Reserve data, the average annual

While Mark Zuckerberg spends most of his days on social media, you won’t find him mindlessly scrolling through Instagram Reels. That’s because Zuckerberg thinks social media is best when used to communicate. On a recent episode of the Joe Rogan Experience podcast, the Meta CEO said he thinks platforms like Facebook, Instagram and Twitter can

The day the Biden administration unveiled its highly anticipated student loan forgiveness plan was a “celebratory day” for Justin Short. Short, 34, graduated from the University of Missouri in 2012 with a degree in hospitality management, $47,000 in federal student loans and $5,800 in private student loans. Like many borrowers, his college debt has plagued

Michael Bloomberg, (right) founder of Bloomberg LP, and Lloyd Blankfein, chairman and CEO of Goldman Sachs Group, at the 10,000 Small Businesses (1OKSB) Partnership Event in London on Dec. 14, 2016. Chris Ratcliffe | Bloomberg | Getty Images Be like Mike … Bloomberg, that is. That’s what many Americans apparently aspire to today. Some 44%

When Warren Buffett writes his name on something, it becomes instantly valuable — to the tune of $75,100. That’s how much an anonymous eBay user bid on Tuesday to win a unique piece of artwork: a 26-inch autographed print of Buffett overlaid with motivational quotes from the billionaire, including “Women make me optimistic about America.”

Like many of Wordle’s thousands of players, Bill Gates is addicted to the daily online word game. In a blog post on Tuesday, the billionaire Microsoft co-founder wrote that he and a group of friends play the game — and several of its variations, like Quordle and Nerdle — daily to compare scores. The billionaire

dmphoto | E+ | Getty Images There’s good news if you’re eligible for student loan forgiveness: It won’t trigger a federal tax bill. And while some may still owe state taxes, it may be fewer borrowers than expected. It depends on whether and when states conform to federal tax laws, including the American Rescue Plan

I started pursuing FIRE — an acronym for “financial independence, retire early” — when I was 22 years old. It was 2016, and I was making $15 an hour as a marketing associate. I knew it would be many more years until I’d achieve my goal of having a $1 million net worth in my

There are many ways to save money on flights. But booking airfare on a certain day of the week isn’t one of them, according to data from Google Flights. Booking mid-week — and especially Tuesdays around midnight — is often cited as the best time to purchase flights. But in the past five years, U.S.

If there’s one thing Kevin O’Leary has learned from more than three decades as an investor, it’s that not every bet pays off. On ABC’s “Shark Tank,” O’Leary has invested more than $8.5 million in roughly 40 companies since the show debuted in 2009, according to an estimate from Sharkalytics. The longtime investor and chairman

Tero Vesalainen | Istock | Getty Images The U.S. Department of Education on Tuesday announced it will cancel all remaining federal student debt for former students of the now-defunct for-profit Westwood College, delivering $1.5 billion in relief to 79,000 borrowers. The cancellation covers students who attended any location of Westwood College, including online programs, from

Stan Horwitz and his family didn’t have any plans regarding long-term care until there was a crisis. His father, Martin, was in his late 80s and lived alone. He was reluctant to accept any assistance from his children. One day, Stan and his sister found their dad unconscious in his living room after a fall.

From waiting tables to living in a basement apartment, three travel hosts tell CNBC about how they got to where they are. Here are their stories. Samantha Brown Job: Emmy-award winning TV host of “Samantha Brown’s Places to Love“Started in: Comedy “I went to Syracuse University for musical theater because I so desperately wanted to

Westend61 | Westend61 | Getty Images September has historically been the worst month for stocks. To that point, just two months have delivered an average negative return for stocks since 1945, according to market research firm CFRA: February and September, with the latter being the worst. The Stock Trader’s Almanac reports that, on average, September is