Wealth

Artistgndphotography | E+ | Getty Images With tax season in full swing, the IRS has issued more than 2.6 million refunds worth about $3.65 billion, as of Feb. 2, the agency reported last week. So far, the average refund is $1,395, compared with $1,963 one year ago, which is roughly 29% smaller. However, since the

The main house at Gordon Pointe spans 11,500 sq ft. The most expensive home for sale in the U.S. hit the market this week for $295 million. Gordon Pointe, as it’s called, is a roughly 9-acre compound in Naples, Florida, on the Gulf Coast, in an affluent enclave called Port Royal. The mega-listing includes a

If Bill Gates met a time traveler from the year 2100, his first question wouldn’t be about his family, or Microsoft’s stock price. Instead, he’d ask: Are humans thriving? “In the end, it’s all measured through human welfare,” Gates said on the most recent episode of his podcast, “Unconfuse Me.” In the episode, the billionaire

Balint Porneczi/Bloomberg | Getty Images LONDON — L’Oreal shares fell more than 7.3% in early deals Friday, before slightly paring losses, as the company reported lower-than-expected sales and pointed to a slowdown in demand in Asia. Shares in the stock had recovered slightly to trade down 7% by 8:20 a.m. London time. The world’s largest

Some people swear a productive day starts at 4 a.m. Others sleep on factory floors to ensure work gets done. Not Mark Cuban. The billionaire serial entrepreneur and investor wakes up between 6:30 and 7 a.m and, without getting out of bed, spends an hour responding to emails, he told comedian Trevor Noah on a

For many Chinese, Harbin conjures images of ice and steel, a city both cold and tough. But this winter, the heavily industrialized city morphed into a warmly welcoming host, drawing in a record-breaking number of visitors, mainly from China’s south. During the three-day New Year period from Dec. 30 to Jan. 1, Harbin received more

The kingdom of Bhutan is planning a “mindfulness city” that, if built, will cover some 2.5% of the country — an area larger than Singapore. Plans show the 1,000-square-kilometer city will be built near the town of Gelephu, along Bhutan’s southern border with India. “Gelephu Mindfulness City,” as it’s called in the project’s masterplan, will

Mark Cuban didn’t want to invest in Genius Litter — until a bidding war between his “Shark Tank” co-stars annoyed him into changing his mind. The Austin, Texas-based company sells color-changing cat litter can alert pet owners of potential illnesses. Founded in 2020, Genius Litter is already profitable, CEO and founder Ramon van Meer said

When you’re considering investment advice, taking a tip from one of the world’s wealthiest people is probably a good place to start. That’s why Shaquille O’Neal says he turned to Amazon founder Jeff Bezos for inspiration before deciding to invest in Campus, the online community college startup that’s already raised more than $29 million from

In this article MC-FR Follow your favorite stocksCREATE FREE ACCOUNT Luxury giant LVMH is making a push to gain share of the global luxury watch business, with a newly formed watch division and an array of new, higher-priced models. Sales of luxury watches worldwide are estimated at about $30 billion this year, according to market

Laylabird | E+ | Getty Images Tens of millions of Americans file tax returns every year — and many are missing a “valuable credit,” according to the IRS. In 2022, roughly 23 million filers received $57 billion from the earned income tax credit, or EITC, a tax break for low- to moderate-income workers. But nearly

Mark Cuban’s sale of his majority stake in the Dallas Mavericks caught many by surprise. The billionaire investor says he did it because a new way of making money has taken rise in the NBA — and it’s not one he’s well versed in. The $3.5 billion deal between Cuban and the family of casino