Wealth

The U.S. Department of the Treasury building Julia Schmalz | Bloomberg | Getty Images Some investors may be grappling with the sting of higher-than-expected capital gains for 2021 and losses in 2022. But experts say tax-planning opportunities may soften the blow. Individuals paid significantly more taxes this season, and the surge in capital gains in
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Maria Teijeiro | OJO Images | Getty Images Tax breaks aren’t the primary incentive for philanthropy among the ultra-wealthy, according to BNY Mellon Wealth Management’s inaugural Charitable Giving Study.   The report, polling 200 individuals with wealth ranging from $5 million to more than $25 million, found the top three motivators were personal satisfaction, connection to
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From the outside, Taylor Swift – an 11-time Grammy Award winner with 55.5 million monthly listeners on Spotify – seems accustomed to success. But at New York University’s commencement ceremony on Wednesday, the 32-year-old singer-songwriter told graduates that her accolades are really a result of something else: moments of rejection. ”The times I was told ‘no’
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Some people have framed diplomas. Others have framed photos with celebrities. Jeff Bezos has a framed 16-year-old copy of Businessweek magazine. On Wednesday, the Amazon founder tweeted a photo of the November 2006 magazine’s cover, which featured a photo of Bezos at age 42 behind the text, “Amazon’s Risky Bet.” The cover story was about
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1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe Courtesy: RM Sotheby’s An ultra-rare Mercedes-Benz race car sold for $143 million earlier this month, making it the most expensive car ever sold. RM Sotheby’s announced it auctioned off a 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe for 135 million euros, or about $143 million. The sale smashed the previous
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In this article MA For the first time since the start of the pandemic, global leisure and business flights have risen to levels not seen since 2019. That’s according to the Mastercard Economics Institute’s third annual travel report, titled “Travel 2022: Trends & Transitions,” published yesterday. After analyzing 37 global markets, the report found that
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Apple CEO Tim Cook has some career advice for recent college graduates — and it’s not about out-working competitors. Instead, it’s about making a career — and a life — out of what drives you. At Gallaudet University’s commencement ceremony in Washington D.C. on Friday, Cook said he thinks young people can lead meaningful careers
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Everybody has bad days. Even Mr. Wonderful. But every tough situation in Kevin O’Leary’s life, he says, is typically counterbalanced by something else. That’s “because I live life with a portfolio approach,” O’Leary, 67, tells CNBC Make It. “I don’t risk it all in any one thing.” The star of ABC’s “Shark Tank” and chairman
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