Wealth

Mark Cuban built his fortune in the tech world. That doesn’t mean he worships Silicon Valley. The billionaire star of ABC’s “Shark Tank” makes a conscious effort to keep his investments outside of the California tech hub, he told Bill Maher on a recent episode of the “Club Random” podcast. California has higher taxes and

Hong Kong’s new global promotional campaign will “kickstart” the city’s reopening to international travelers, the Hong Kong Tourism Board told CNBC’s “Squawk Box Asia” on Friday.  As part of the “Hello Hong Kong” campaign, which was launched on Thursday, 500,000 air tickets will be given away over the next six months, starting in March. The

Jeffrey Coolidge | Photodisc | Getty Images Black Americans are roughly three to five times more likely to face an IRS audit than other taxpayers, according to a new study. While there isn’t evidence of explicit discrimination from the IRS or its revenue agents, the findings show the disparity stems from a faulty software algorithm

In this article RACE RACE-IT Follow your favorite stocksCREATE FREE ACCOUNT Ferrari CEO Benedetto Vigna poses for a photograph as Ferrari unveils a new long term strategy, in Maranello, Italy, June 15, 2022. Flavio Lo Scalzo | Reuters Ferrari on Thursday reported full-year profit up 13% year over year and guided to an even stronger

In this article RCL Follow your favorite stocksCREATE FREE ACCOUNT Canadian Tammy Cecco wasn’t a fan of cruising. “The thought of being on a ship with thousands of other people and not being able to get off,” she said, “was something that I wanted to avoid.” That didn’t change when Cecco, a travel magazine publisher,

Two developers in California are looking to lure a buyer willing to do something no other buyer has ever done before in Los Angeles history – pay between $50 million and a $100 million for a condo.  A deal anywhere near those asking prices would shatter a record in the City of Angels, where no

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. I wasn’t born rich. I worked nothing but 9-to-5 jobs. I didn’t receive an inheritance or win the lottery. And I was never the smartest person in the

A salesperson showing the limited edition launched by Emporio Armani to welcome the Year of the Tiger at a duty-free store in Haikou, south China’s Hainan Province, January 15, 2022. Zhou Huimin | Xinhua News Agency | Getty Images Stocks of many luxury fashion houses reliant on Chinese consumers rallied on China’s reopening, but those

Morsa Images | Digitalvision | Getty Images If you worked from home in 2022, you may be wondering if you qualify for the home office deduction, which offers a tax break for part of your home expenses. Remote work was an option for 10.6% of workers in 2022, with higher percentages among tech, legal and

BEIJING — China’s consumption recovery from zero-Covid is getting off to a solid start – after a depressing fourth quarter. When Michelin-starred restaurant Rêver reopened Thursday from a Lunar New Year break, it was fully booked, said Edward Suen, chief operating officer of the Guangzhou venue. Reservations for the next three days were near capacity,

People said the pandemic made them want to travel more responsibly in the future. Now new data indicates they’re actually doing it. According to a report published in January by the World Travel & Tourism Council and Trip.com Group: Nearly 60% of travelers have chosen more sustainable travel options in the last couple of years.

It took me 20 years of trial and error before I achieved a multimillion-dollar net worth. Now, at 64, I draw income from the 18 companies I started and the 12,000 apartment units I own. But I wish I had known sooner how ultra wealthy people think about money. I’ve built relationships with many millionaires

BEIJING — Travelers from mainland China stuck close to home in Asia during the Lunar New Year, the first holiday after Beijing relaxed its Covid-related border controls. Hong Kong and Macao were the most popular spots, said Trip.com, citing flight bookings on its platform for the first four days of the Lunar New Year. The

BEIJING — People in China are moving past the pandemic and going out to travel, preliminary data for the Lunar New Year holiday show. “Pent-up demand is being released as many people rush to scenic spots, watch firework shows and crowd into restaurants and hotels,” Nomura’s chief China economist Ting Lu said in a report

After Akio Toyoda, CEO and President of Toyota, announced he was stepping down on Thursday, he shared his advice to his successor and his business philosophy. Photo by Yoshikazu Tsuno | Gamma-rapho | Getty Images After Akio Toyoda, the CEO and President of Toyota, announced he was stepping down on Thursday, he shared his advice

Colorful cafe bars at the iconic Beale Street music and entertainment district of downtown Memphis, Tennessee. benedek | iStock | Getty Images Despite broad hikes in rental prices, competition is easing in some U.S. markets as inventory grows, according to a new report from national real estate brokerage HouseCanary. At the end of 2022, the

Beyoncé performs on stage headlining the Grand Reveal of Dubai’s newest luxury hotel, Atlantis The Royal on January 21, 2023 in Dubai, United Arab Emirates. Mason Poole/parkwood Media | Getty Images Entertainment | Getty Images DUBAI, United Arab Emirates — It was the talk of the town. Of the entire country, really — and then

In this article MC-FR Follow your favorite stocksCREATE FREE ACCOUNT 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 Luxury giant LVMH said China’s wealthy consumers have started returning to stores

Bill Gates says some of the world’s governments have handled the spread of Covid-19 better than others, but the billionaire won’t give any country a perfect mark. “I wouldn’t say any country got it totally right,” Gates said in a recent interview at the Lowy Institute, a think tank in Sydney, Australia, adding: “Nobody …

Islamic fintech startup Wahed has opened its first physical branch on Baker Street in London. The glossy retail location is designed to look like an Apple store. Wahed An investing platform backed by the likes of oil giant Saudi Aramco and French soccer player Paul Pogba is launching a novel proposition in the U.K.: a