Wealth

Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, attends a news conference to present the 2022 annual results of LVMH in Paris, France, January 26, 2023. Gonzalo Fuentes | Reuters The Paris public prosecutor’s office is investigating LVMH CEO Bernard Arnault over financial transactions involving Russian oligarch Nikolai Sarkisov. French newspaper Le

Ever pack workout clothes for a vacation — only to unpack them, unworn, upon returning home? Perhaps the destination matters. Data from exercise apps, which track users’ physical locations and search history, show travelers tend to be more active in some locations more than others. Fitness app Strava shows travelers tend to exercise when they

Martin Barraud | Caiaimage | Getty Images PHOENIX — Retirement security is a concern for many older Americans and outliving savings is often their biggest fear. To that point, some 58% of savers and retirees worry about running out of money, according to recent research from Cerulli Associates. But “retirement spending is not pass-fail,” said

Sequoia Capital managing partner Roelof Botha has a strategy for making tough decisions. The longtime venture capital investor honed it through decades of experience helping early-stage tech companies like YouTube and Instagram grow into industry giants. He repeatedly watched CEOs get stuck when trying to choose between two options, and it taught him a lesson.

Kyoto’s flat geography makes long strolls easy. And by using bustling Shijo Street — also known as Shijo-dori — as a main street for navigation, it was a breeze to weave through the city during my three-month trip in May. Between meal runs and plotting routes to popular attractions such as Nijo Castle and Kiyomizudera,

A battle between elite membership clubs is about to reach a whole new level, as Core Club’s new 60,000-square-foot megaclub prepares to open in Manhattan next month. The new Core space, spread over four floors above Midtown, is the latest in a wave of elite membership clubs that have opened in major cities since the

A fortune teller predicting the future to a passer-by. Luis Acosta | Afp | Getty Images SINGAPORE — When it comes to looking for perfect hires, it’s not just work experience and resumes that are scrutinized. For some employers in Singapore, the day and time the candidates were born are just as important. To determine

IRS Commissioner Daniel Werfel testifies before the Senate Finance Committee on April 19, 2023. Chip Somodevilla | Getty Images Roughly one year after Congress approved tens of billions in IRS funding, the agency has unveiled plans to crack down on tax preparers with “questionable practices.” The news comes amid heightened scrutiny of a popular small

The best hotel in the world is Passalacqua, an 18th century villa on the edge of Italy’s Lake Como.     That’s according to the 50 Best organization, which announced the results of “The World’s 50 Best Hotels” in London on Tuesday. The villa hotel is the former home of composer Vincenzo Bellini and sits among

The World Heritage Committee has named 37 new sites to UNESCO’s World Heritage List — including one in Israeli-occupied West Bank. The newly inscribed properties were announced during the 45th session of the World Heritage Committee being held from Sept. 10 to 25 in Riyadh, Saudi Arabia. Of the 50 “candidate sites” being considered, these

IRS Commissioner Daniel Werfel testifies before the House Small Business Committee on July 17, 2013. James Lawler Duggan | Reuters The IRS is shifting how it examines tax returns of lower earners as part of its broader effort to fix inequity in enforcement.  Starting in fiscal year 2024, the agency will “substantially” reduce the number

In this article ABNB Follow your favorite stocksCREATE FREE ACCOUNT Many Airbnb users with bookings in New York City this Christmas are scrambling to find new accommodations. The company announced plans to cancel and refund bookings for stays after Dec. 1, according to the Associated Press, after long-planned regulations aimed at curbing illegal short-term rentals

Planning a holiday can be stressful — that’s where travel agents come in. But now, travelers have another option: chatbots like ChatGPT, Bard AI and Microsoft Bing. Simply input a prompt and watch the travel recommendations pour in. The best parts? It’s instantaneous and, for the most part, free. But which is better when it

Mark Cuban has “a secret that all successful people know,” he says: Beware of anyone who claims they can sell you a foolproof strategy for making easy money. “When you see somebody on social media telling you how they’re going to make you money, they’re lying,” the billionaire entrepreneur and investor told his 940,000-plus TikTok

Blackcat | E+ | Getty Images “I’m not a math person.” “I’m not a numbers person.” “I’m bad with money.” Sound familiar? No, we’re not recording you at home. As a wealth advisor, I hear statements like this all the time from women, regardless of their age. In fact, one of the most common —

Prapass Pulsub | Moment | Getty Images As year-end approaches, some investors may be weighing a Roth individual retirement account conversion to save on future taxes. But there are several things to consider first, experts say. The strategy transfers your pretax or non-deductible IRA funds to a Roth IRA, which kick-starts future tax-free growth. But

US President Donald Trump (R) gestures as he talks with US Ambassador to the United Kingdom Woody Johnson (L) preparing to board Marine One to depart the US ambassador’s residence Winfield House in London on July 13, 2018. Brendan Smialowski | AFP | Getty Images Billionaire and New York Jets owner Woody Johnson is part

A “For Rent” sign outside an apartment building in the East Village neighborhood of New York, US, on Tuesday, July 12, 2022. Gabby Jones | Bloomberg | Getty Images Manhattan renters may have reached their “affordability threshold” in August, as median rents remained at record high, according to a new report. The median rent in

Clarese Partis, a 39-year-old software designer from Los Angeles, has always wanted to work from an offbeat spot far from the crowds.   So when she was offered such an opportunity, she instantly grabbed it.  Last week, Partis landed in the Sardinian village of Ollolai in Italy for a free stay paid by the local

mapodile / Getty After several interest rate hikes from the Federal Reserve, many have braced for stock market volatility in their 401(k) plans. But experts say some plans could face another risk: employer bankruptcy. Generally, your 401(k) is safe from creditors in the case of bankruptcy, based on protection from the Employee Retirement Income Security