Wealth

As the nation’s lawmakers debate the contents of the next pandemic stimulus bill, a group of high powered business leaders at some of the most successful companies in the country are calling on Congress to support America’s small businesses. “This is not a call for bottomless handouts,” the letter, released Monday, says. ”It’s a defining moment

When I tell people I plan to die with zero, with no money left to give, their reaction is often, “What about the kids?” But I don’t think those two goals, of supporting my children and leaving nothing behind, are mutually exclusive. I want to give money to my children when they can best use

Culture is critical for any company, and often means the difference between a business that inspires and one that simply functions. That social side of business has come under increasing scrutiny lately, not least because of the coronavirus pandemic and recent Black Lives Matter protests, as employers’ treatment of staff and customers has come to

With a pending eviction crisis on the table, due to the economic impact of the coronavirus pandemic, both renters and landlords are on edge.  But there may be a silver lining for some tenants who have their leases up for renewal. “Depending on your financial situation, a good time to start renegotiating a lease would

Hermione Granger | Moment | Getty Images The historic bull market that ran for nearly 11 years came to an abrupt end in February, and we’re officially in a recession. That leaves you with two investing worries: Where you should invest now and whether you should pull money out of the stock market in order

Leading a company through a crisis is no mean feat — and for some, it can be their undoing. But for those that get it right, it can be an opportunity to set the business apart from the pack.  That was the case for Chinese technology giant Alibaba Group, executive vice chairman and director of Alibaba’s

cdwheatley | E+ | Getty Images Millions of Americans have altered their travel plans amid the pandemic, with some switching to road trips this summer and others postponing long-haul air and sea travel till next year or beyond. But one demographic — the affluent vacationer — appears to be more optimistic, making plans and holding

The coronavirus pandemic has highlighted the need for emergency preparedness, including with your money. Half of U.S. households lost income due to the economic fallout of the coronavirus pandemic, according to a recent Bankrate survey of over 3,700 Americans conducted in June. That’s why it’s critical to have an emergency financial aid kit, said Winne Sun, managing

Jamie Dimon, chairman and CEO of JPMorgan Chase & Co., spearheads the nation’s largest bank – serving almost half of U.S. households with $3.2 trillion in assets and managing over 250,000 employees across the world. And like many successful executives – from Amazon CEO Jeff Bezos to Tesla and SpaceX CEO Elon Musk – Dimon starts his day with a routine.  After

In the $1 trillion stimulus proposal released by Senate Republicans on Monday — the Health, Economic Assistance, Liability Protection and Schools, or HEALS, Act — the $600 per week unemployment boost of the CARES Act, which expires Friday, would decrease to $200 per week. That’s because Republican leaders have largely said the extra $600 a week discourages people from returning to

Throughout the Covid-19 crisis, White House coronavirus advisor Dr. Anthony Fauci has become a household name and the unofficial face of fighting the pandemic. And now he has his own trading card.  The president of the National Institute of Allergy and Infectious Diseases threw the first ceremonial pitch for Major League Baseball’s 2020 season on

The luxury retail market in mainland China has been “very, very strong” from April to July and is likely to hold up well for the rest of the year as long as there is no strong resurgence of the coronavirus, says Ronnie Chan, chairman of Hang Lung Group and its subsidiary Hang Lung Properties. 02:26

Barry Winiker | Getty Images A proposal to raise taxes on California millionaires would result in a top tax rate of nearly 54% for federal and state taxes. Democrats in the California state legislature this week proposed a tax hike on the state’s highest earners to help pay for schools and services hurt by the

Many travelers are familiar with UNESCO’s World Heritage List, which include both cultural and natural sites deemed to “be of outstanding universal value” by the U.N. agency. Less is known about the organization’s List of World Heritage in Danger. This list designates 53 World Heritage sites under threat of “serious and specific dangers” due to

Federal prosecutors are accusing a 29-year-old small business owner in Miami of spending some of the nearly $4 million in coronavirus relief aid he received from the government on a six-figure sports car, expensive jewelry and stays at luxury resorts. Federal officials arrested the man, David T. Hines, on Monday, charging him in Miami Federal

As Jeff Bezos defends Amazon‘s largess in front of the U.S. House Committee on the Judiciary on Wednesday (“Just like the world needs small companies, it also needs large ones,” his prepared remarks read), his ex-wife MacKenzie Scott has announced an update on her own efforts to dismantle the mountain of money and privilege on which

The number of coronavirus cases in the U.S. surpassed 4 million in late July. Certain parts of the country have been hit particularly hard this month, including California and North Carolina, both places where I’ve recently spent time. After flying back to Los Angeles, where I currently live, from Charlotte, North Carolina, where my family lives, I

While large cruise ships have mostly stopped sailing due to the pandemic, smaller ships are planning to sail to Antarctica this winter. The No Sail Order issued by the Centers for Disease Control and Prevention, which is currently in effect until Sept. 30, applies to cruise ships with the capacity to carry at least 250

A beachfront residence is seen in East Hampton, New York. Jeffrey Basinger | Reuters Home prices in the Hamptons hit new records as wealthy New Yorkers fled the Covid-19 troubles of the city for the beach, according to a new report. The median price of a single-family home in the Hamptons reached $1.1 million in

Passengers who refuse to wear masks based on medical exemptions will no longer be able to fly on American Airlines and Southwest Airlines. On Wednesday, both air carriers announced anyone over the age of two must wear a mask while flying. Masks can only be removed to eat or drink, and Southwest’s new policy states