Wealth

Anadolu Agency | Anadolu Agency | Getty Images Mega Millions players may be daydreaming about what they’d do with an extra $785 million, the game’s current jackpot amount. One way they should count on using it if they win? Sharing a slice with the IRS. After no tickets matched all six numbers drawn Friday night,

While some Americans are still recovering from holiday festivities, many others may have lingering effects of spending regrets. Overall U.S. retail sales increased 7.6% year-over-year between Nov. 1 and Dec. 24, according to the latest Mastercard SpendingPulse survey. For many consumers, the amount of debt they took on to pay for holiday purchases grew as well.

Craig Warga | Bloomberg | Getty Images Manhattan apartment sales fell by 29% in the fourth quarter, sparking fears of a frozen market in which buyers and sellers stay on the sidelines due to economic and rate fears. There were 2,546 sales in the quarter, down from 3,560 last year, according to a report from

This could be a very good year for one lucky winner of the fourth-largest jackpot in Mega Millions history. And yet, kicking off 2023 with $785 million could have a downside. “The curse of the lottery losers is very real,” said Andrew Stoltmann, a Chicago-based lawyer who has represented several recent lottery winners. One of

If you can’t come up with a New Year’s resolution, Mark Cuban has you covered. On Sunday, the Dallas Mavericks owner told Bill Maher on the “Club Random” podcast that everyone over 30 should be reading every day. Otherwise, they’re limiting themselves and their career, he said. “Somebody 40 and over, even 30 and over,

It’s time to start treating handbags like a legitimate investment. In 2020, the investment potential of handbags outpaced rare artwork, cars and whiskey, according to Art Market Research. By 2027, the market is expected to reach $100 billion, compared to today’s $72 billion. As the founder of Rebag, a designer handbag resale site, I’ve kept

The largest investment on ABC’s “Shark Tank” in 2022 didn’t go to a robotics company or a vegan food empire. Instead, it went toward cold-water baths. On a May 2022 episode, Robert Herjavec offered $2.4 million to Plunge, a Lincoln, California-based company that sells tubs designed for cold-water immersion. The baths cost nearly $5,000 and

The Hamptons dominate the rankings for the most expensive neighborhood in the Northeast, with Sagaponack, New York, taking the top spot. A beachside village that’s home to Drew Barrymore and Jimmy Fallon, Sagaponack is second only to Atherton, California for most expensive U.S. ZIP code in 2022, in terms of median value for homes, according

Mark Cuban, who built his fortune starting and selling tech companies, only offered two $1 million investments on ABC’s “Shark Tank” in 2022. But they weren’t in software, crypto or sports businesses. Instead, the owner of the NBA’s Dallas Mavericks gave his biggest investments of the year to two food companies. He offered $1 million

Billionaire Charlie Munger thinks we should all be a lot happier. Munger, the longtime investment partner and friend of fellow billionaire Warren Buffett, says he doesn’t understand why people today aren’t more content with what they have, especially compared to harder times throughout history. “People are less happy about the state of affairs than they

Travelers have a host of pathogens to dodge this winter, including the “tripledemic” of infections caused by Covid-19, flu and RSV (respiratory syncytial virus). But there are steps people can take to reduce their chances of getting sick, say health specialists at Spain’s SHA Wellness Clinic. The key is to develop “a resilient immune system

Billionaire Mark Cuban was only 12 years old when he launched his first side hustle, so he knows what it takes to start a business at a young age. And, he says there’s one simple thing you need to consider if you want to do it, too. “The key to starting a business when you’re

1977 Datsun 280Z 4-Speed  Courtesy: Kahn Media Online car market Bring a Trailer said it expects to close out the year with a record $1.35 billion in sales, as a new generation of collectors logged on to buy classic and pre-owned cars. Randy Nonnenberg, Bring a Trailer’s co-founder and president, told CNBC that sales for

Members of the Salvation Army play music during the lighting of the world’s largest Red Kettle in the Times Square neighborhood of New York, U.S., on Tuesday, Dec. 1, 2020. Jeenah Moon | Bloomberg | Getty Images This holiday season, it may be possible to lower your taxes while supporting your favorite charity, experts say.  

For many, Christmas is a time of gift exchanges, log cakes and turkey dinners. But that’s not the case everywhere. In a yearly series, CNBC Travel highlights diverse Christmas celebrations around the world. Austria Christmas comes with a spooky twist in Austria, Germany and other Alpine countries that celebrate St. Nicholas Day during the first

People traveling abroad this Christmas may not find their favorite holiday food on the menu. That’s because traditional holiday fare varies around the world. To see who’s eating what this weekend, the culinary website Chef’s Pencil created a map showing what it says are the most popular Christmas dishes around the world. Where turkey is

Millionaire investors are betting on double-digit declines in stocks next year, reflecting their most bearish outlook since 2008, according to the CNBC Millionaire Survey. Fifty-six percent of millionaire investors surveyed expect the S&P 500 to decline by 10% in 2023. Nearly a third expect declines of more than 15%. The survey was conducted among investors

Getty Images There’s still time to reduce your 2022 tax bill or boost your refund, but the last chance for certain strategies is fast approaching, according to financial experts. With fewer than two weeks left in the year, there are limited options to make a “real impact” on your taxes, said certified financial planner Eric

Sdi Productions | E+ | Getty Images If you’re retired and skipped your 2022 tax payments, you can still avoid late penalties with an under-the-radar year-end strategy, experts say. Since taxes are due as you receive income, you must withhold levies from earnings or pay quarterly estimated tax payments. You may owe quarterly taxes if

Delpixart | Istock | Getty Images The end of the year is a time to give thanks and celebrate the holidays with our families. It’s also an opportunity to reevaluate the previous 12 months and ask your financial advisor some very productive questions. 1. What’s your investment decision process? We often judge the merits of