Wealth

Volunteers at a food bank in Duarte, California, load donation boxes. FREDERIC J. BROWN | AFP | Getty Images It appears the pandemic hasn’t dented charitable giving from wealthy households. Most affluent Americans — about 90% — gave to charitable causes in 2020, with a third of them giving more than in the past to

The cryptocurrency dogecoin’s value has surged over the past few months thanks to the alignment of several important factors, including extra capital from stimulus checks, the popularity of free-trading apps like Robinhood and the backing of billionaire SpaceX and Tesla CEO Elon Musk. But one reason has been understated in media reports, Billy Markus, the

Samuel Corum/Bloomberg via Getty Images There’s still time to make health savings account contributions for 2020. Those with high-deductible health plans have until the extended tax-filing deadline, May 17, to make HSA contributions for 2020. Self-only plans allow deposits of up to $3,550, while those with family coverage may save as much as $7,100. This

Kevin O’Leary is bullish on the future of NFTs, or nonfungible tokens. “I haven’t bought any yet. I’m waiting to see when the volatility of the pricing changes,” O’Leary, chairman of O’Shares ETFs, told CNBC Make It in April. But “this has legs. It’s going to work.” NFTs are unique digital assets that are represented

The Bahamian island Faith Hill and Tim McGraw spent years and many millions to develop is on the market for $35 million. The country music power couple bought the island known as Goat Cay in 2003. It’s located in the Exumas, a district of the Bahamas comprised of a chain of over 365 islands, about

In addition to on-site yoga classes and ergonomic desks, companies may have a new wellness initiative up their sleeves — granting workers an annual period of remote work.   Remote work has proved popular with many workers, with 54% of employees saying they want to keep working from home after the pandemic ends, according to

Jamie Dimon, JPMorgan Chase chairman and CEO, shared a bit of wisdom with Ohio State University graduates during his commencement address on Sunday. “I’m always hesitant to give advice, because it sounds like I did everything right,” Dimon said, “but I assure you, I did not.” To start, Dimon told the graduates about the importance

Florida has recently attracted some of Wall Street and Silicon Valley’s biggest names like Keith Rabois, Elliot Management and Goldman Sachs. “For years, even though people would talk about moving, it really wasn’t cool among the wealthy to move to Florida. It was like, OK, you couldn’t hack it in New York, so you go

People have been on the move since the Covid-19 pandemic hit. With remote work at play, many are leaving expensive cities like New York, Los Angeles and Chicago for the suburbs or for more affordable cities like Austin, Phoenix or Nashville, according to a LinkedIn report. Rents prices across the country have been adjusting to

Elon Musk, the CEO of Tesla and SpaceX, has been a key proponent in the latest surge of interest in dogecoin, according to analysts, as he consistently tweets about the cryptocurrency. But ahead of his appearance on “Saturday Night Live” on NBC on May 8, Musk had a new message for his 53 million Twitter

The Centers for Disease Control and Prevention is allowing cruise ships to resume operations this summer, but Norwegian Cruise Line CEO Frank Del Rio says that will be unlikely given the agency’s tough requirements. “I seriously doubt we will be able to stand up a vessel out of a U.S. port in July. August is

Former Theranos CEO Elizabeth Holmes walks outside the courtroom where she’s standing trial for fraud, on May 6, 2021. CNBC Elizabeth Holmes’ jet-setting, lavish lifestyle as CEO of Theranos took center stage on Thursday as her attorneys argued it was irrelevant to her criminal fraud case. “What she wore, where she stayed, how she flew

Ether, the cryptocurrency that runs on the Ethereum blockchain, hit a record high on Tuesday. Though it is still second behind bitcoin in market value, there is growing excitement surrounding Ethereum and its capabilities. According to billionaire investor Mark Cuban, “the number of transactions and the diversity of transaction types along with the development efforts

Former Theranos CEO Elizabeth Holmes attends pre-trial hearing in the U.S. government’s fraud case against her on May 5, 2021. CNBC Former Theranos CEO Elizabeth Holmes promised a technology breakthrough, but it was really a house of cards, prosecutors said during a court hearing on Wednesday. “Miss Holmes went out, told the world and told investors:

For some homebound travelers yearning for a vacation, the question isn’t whether to book a vacation this year, but when.  Enthusiasm for travel is at its highest point in a year, with 87% of American travelers expected to take a trip this summer, according to a survey conducted last week by travel market research company

This is an excerpt from CNBC Make It’s weekly newsletter, written by money reporter Alicia Adamczyk. Subscribe here. Everyone I know is burned out.  Burned out from the lack of separation between work and home life, or because they have to go into work each day with few measures in place to ensure their safety.

Though JPMorgan Chase will reportedly offer a bitcoin fund for wealthy clients, chairman and CEO Jamie Dimon still isn’t personally sold on the cryptocurrency. “I’m not a bitcoin supporter,” Dimon said during The Wall Street Journal CEO Council summit on Tuesday. “I don’t care about bitcoin. I have no interest in it.” “On the other

Former Theranos CEO Elizabeth Holmes outside a hearing in her criminal fraud trial on May 4, 2021. CNBC A pregnant Elizabeth Holmes appeared in court for the first time in 15 months for three days of hearings that will set the stage for her criminal fraud trial. At Tuesday’s session in the San Jose federal

San Francisco 49ers quarterback Jimmy Garoppolo’s future with the NFL is reportedly in limbo after he suffered angle strains throughout the 2020 season and since his team drafted a new rookie quarterback. But at 29, Garoppolo has already had a lot of success. In addition to winning two Super Bowl rings as a backup quarterback

Wealthy families could face combined tax rates of as much as 61% on inherited wealth under President Joe Biden’s tax plan, according to a recent analysis and tax accountants. As part of his American Families Plan, Biden is proposing to nearly double the top tax rate on capital gains and eliminate a tax benefit on