Wealth

Ultra-wealthy buyers of supercars show no signs of slowing their spending despite recession fears, according to the CEO of Bugatti Rimac. Mate Rimac said demand for the company’s all-electric Rimac supercars and its combustion-engine Bugattis remains strong, and may even be accelerating. “We don’t see any slowdown at the moment, quite the opposite,” he said.

Dubai’s Emirates airline in August announced an investment of over $2 billion to improve its inflight customer experience, including cabin interior upgrades and new menus — with unlimited caviar. The world’s biggest long-haul carrier will be retrofitting over 120 aircraft with new interiors, as well as dishing up menus with new vegan options and cinema

Ekaterina Goncharova | Moment | Getty Images The IRS on Wednesday announced it will waive penalties for many Americans who late-filed tax returns during the pandemic. Nearly 1.6 million filers will automatically receive a collective $1.2 billion-plus in penalty refunds or credits, according to the federal agency, with many payments expected to come by the

JGI/Jamie Grill If you’re one of the millions of Americans with student loans, President Joe Biden‘s forgiveness plan may be welcome relief. However, there are some key things to know about the income limits, experts say. Biden will cancel $10,000 for most borrowers or up to $20,000 for Pell Grant recipients, limited to those making

Getty Images President Joe Biden‘s student loan forgiveness plan will soon cancel debt for millions of Americans — and the relief is tax-free on federal returns. However, experts say the cancellation may still trigger a state tax bill. Most borrowers making less than $125,000 per year or $250,000 for married couples filing together will qualify

Randi Zuckerberg says she’s a “big proponent of the real world” — especially when it comes to protecting children from technology.  Speaking at the Credit Suisse Global Supertrends Conference in Singapore earlier this month, Randi Zuckerberg, who is founder and CEO of Zuckerberg Media, discussed worries among many that the metaverse will take children further

In this article EXPE BKNG Many travelers try to save money by searching the internet for cheaper hotel rates. But a new study suggests it may not be worth the time — at least in some places. The travel insurance comparison site InsureMyTrip compared rates for 950 hotels in 19 global cities on three popular

Hunter Jarratt was a frequent buyer of Quaker’s apple oats bars — until he realized the size of his favorite snack has decreased in size, even though the packaging looks the same. Hunter Jarratt Hunter Jarratt was a frequent buyer of Quaker’s apple oats bars — until he realized the size of his favorite snack

Count Bill Gates among the many admirers of Dr. Anthony Fauci, the 81-year-old immunologist who plans to leave the U.S. federal government at the end of the year. Gates, the billionaire Microsoft co-founder and health care philanthropist, took to Twitter on Tuesday to shower Fauci’s longtime tenure as director of the National Institute of Allergy

Consistently saving a small percentage of your salary is a simple way to ensure you’re prepared for retirement. As a rule of thumb, most financial advisors suggest you save 10% to 15% of your earnings. Here’s a case study assuming you start with no savings, plan to retire at 65 and have investments that earn

On Monday, Dr. Anthony Fauci announced that he will depart from his positions as President Joe Biden’s chief medical adviser and director of the National Institute of Allergy and Infectious Diseases at the end of the year. The 81-year-old won’t be fully retiring just yet. In his announcement, Fauci didn’t specify his future plans, but

In 2014, I graduated college with a tidal wave of medical school rejections. In search of a new career plan, I spent the next few years making money however I could — modeling, tutoring, and even working as a real estate agent. But in 2018, I began posting personal finance videos on YouTube. It wasn’t

Hidden behind a stone wall spanning 1,500 feet in one of Connecticut’s wealthiest neighborhoods is a palatial estate with a great room inspired by a Scottish castle. The brick-and-limestone residence, built in 1929, is the most expensive home for sale in New Canaan with a $14.9 million price tag. Prices in the wealthy enclave, about

Wealthy car collectors shrugged off recession worries and spent over $460 million at classic car auctions in Monterey this weekend, according to insurance and lifestyle company Hagerty. Over 790 cars sold at an average price of $590,700 at the auctions between Thursday night and Monday morning for a weekend total of $469 million, according Hagerty.

In 2016, I retired early at 35. At the time, I had $900,000 saved, and within a few years was able to accumulate a $1 million net worth. A big factor in my success wasn’t the advice I received, but the advice I ignored. I built wealth the old-fashioned way — by working hard in

Simonskafar | E+ | Getty Images President Joe Biden on Tuesday signed into law the Inflation Reduction Act, which contained the largest climate spending package in U.S. history. The legislation earmarks $369 billion for climate and energy policies, including financial incentives for consumers and businesses that take steps to boost energy efficiency and reduce greenhouse

Treasury Secretary Janet Yellen speaking at a news conference on July 14. Made Nagi | Reuters With President Joe Biden‘s sweeping tax, health and climate package newly signed into law, Treasury Secretary Janet Yellen is asking the IRS to deliver a plan within six months for the agency’s nearly $80 billion in funding. “The Inflation

U.S. President Joe Biden gestures as he delivers remarks on the Inflation Reduction Act of 2022 at the White House in Washington, July 28, 2022. Elizabeth Frantz | Reuters The new 1% excise tax on corporate stock buybacks — a late addition to President Joe Biden‘s sweeping tax, health and climate package — adds a

1958 Maserati Source: Motorcar Studios ©2022 Courtesy of RM Sotheby’s Classic cars up for auction in Monterey, California, this week are expected to shatter records. Auction sales at the Monterey Car Week are expected to total between $300 million and $490 million, according to Hagerty Automotive Intelligence, the classic-car insurance and collector-lifestyle company. Experts say

Spain is one of the world’s most-visited countries, drawing more than 83 million travelers in 2019, according to the United Nations’ World Tourism Organization. In terms of international arrivals, that makes it second only to France. But the Spanish are also avid travelers within their own country, with nearly 93% choosing to travel within Spain

It’s an island that is closer to France than to England — yet it is part of the British Isles.  It’s home to miles of tunnels built during World War II — but by German rather than British soldiers. And it has lower taxes than the U.K. and its own financial rules. The island of

Norway’s central bank, also known as Norges Bank, in Oslo, Norway. Kristian Helgesen/Bloomberg | Bloomberg | Getty Images Norway’s sovereign wealth fund, the largest in the world, had a loss of 1.68 trillion Norwegian kroner ($174 billion) in the first half of 2022, as stock markets more broadly saw a tumultuous six months. The $1.3

Everyone learns crucial lessons in the early stages of their career: when to leave a job, how to negotiate a raise, how to write a cohesive email. But Mark Cuban said his first jobs taught him the most important lesson of his career: the art of sales. In a TikTok posted in March, the billionaire

JGI/Tom Grill Millions of Americans still have tax returns in limbo as the IRS works to clear its backlog. But there’s a little good news if you’re missing a refund: You may be earning interest on your unpaid balance, and the rate jumps to 6% from 5% on Oct. 1, according to the agency. Typically,

The expansion of renewables comes at a time when concerns about the speed of the planet’s shift away from fossil fuels have been heightened following Russia’s invasion of Ukraine. Imaginima | E+ | Getty Images There’s been a surge of interest in green energy funds as President Joe Biden prepares to sign a bill allocating

I love investing in real estate, and it’s a major reason why I was able to become a self-made millionaire. But I’ve learned that buying a single-family home to live in isn’t always a great investment.  I realized this in 2003, when I was a newlywed with a newborn, and bought my dream home in

Some employees thrive working on the couch in sweatpants. Malcolm Gladwell isn’t among them — at least, not anymore. While certain types of work — freelance writing, for instance — might not require regular in-office attendance, Gladwell says recent experience has convinced him “offices really do matter” for “collaborative, creative work.” Gladwell is the author

seksan Mongkhonkhamsao Personal bankruptcy filings have fallen dramatically since the beginning of the coronavirus pandemic, but with interest rates rising and government relief waning, filing numbers will likely pick up through this year, say experts. “I’ve had more calls in the last few weeks than the previous six months,” said Charles Juntikka, a New York-based

In this article RACE RACE-IT MC-FR CPRI A pedestrian carries a Louis Vuitton shopping bag, from a store operated by LVMH Moet Hennessy Louis Vuitton SE, on New Bond Street in London, U.K., on Wednesday, Oct. 21, 2020. Hollie Adams | Bloomberg | Getty Images Prices for food, gas and travel have soared over the

Despite being a multibillionaire with plans to colonize Mars, Elon Musk has surprisingly relatable daily goals. For starters, the Tesla and SpaceX CEO wants to revamp his daily routine, beginning with the moment he wakes up. In a recent interview with Full Send Podcast, Musk said he checks his phone first thing in the morning