MStudioImages | E+ | Getty Images If you’re one of the masses of new Series I bond owners, there are a few things to weigh before cashing in your assets, experts say. Investors purchased nearly $7 billion in I bonds in October, according to the U.S. Department of the Treasury, with $979 million flooding into
Wealth
Real estate broker Barbara Corcoran may be a self-made millionaire, but that doesn’t mean she can pass up a good deal. The star of ABC’s “Shark Tank” recently posted a video tour of her closet on Instagram, pulling out her most and least expensive items — both of which she said she loves. “I like
Amazon founder Jeff Bezos told CNN on Monday that he plans to give away the majority of his $119.5 billion fortune in his lifetime, saying that “it’s really hard” to give away large sums of money in effective ways. The same day, his ex-wife MacKenzie Scott published a Medium blog post, announcing that she’d given
Jeff Bezos finally said he plans to give away the “majority” of his $122 billion fortune during his lifetime. The announcement, in an interview with CNN released on Monday, came after years of Bezos facing questions and criticism over his relative lack of philanthropic donations, especially compared to fellow high profile billionaires like Bill Gates,
damircudic | Getty After a rough year for cryptocurrency, taxes may not be a top priority for digital currency investors battered by steep losses. But the falling crypto market and the recent collapse of digital currency exchange FTX may affect next year’s tax bill — and beyond, according to financial experts. related investing news Beauty
Covid-19. Airport chaos. Lack of available flights. Many travelers say those are the reasons they ditched airlines for private jets during the past two years of the pandemic. But a new survey shows most of the newly converted aren’t ready to return to commercial aviation just yet. Some 94% of those new to the industry
In 2008, the national anthems of both North Korea and the United States resonated throughout the East Pyongyang Grand Theatre — echoing hopes of a thawing relationship between the countries. The curtains have since long closed on these hopes. The historic concert, performed by the New York Philharmonic is one of Mark Edward Harris’ favorite
Some kids make extra cash running lemonade stands. A 12-year-old Mark Cuban sold trash bags door-to-door. The billionaire serial entrepreneur and Dallas Mavericks owner recently told GQ magazine that a family friend gave him the opportunity, marking his first-ever sales job. The friend sold Cuban boxes of trash bags for $3, so Cuban could turn
The Internal Revenue Service building in Washington. SAUL LOEB/AFP via Getty Images The White House announced President Joe Biden intends to nominate Danny Werfel — a former budget official and private sector leader — to run the IRS as the agency prepares for a makeover. Prior to his current role at Boston Consulting Group, Werfel
Gary John Norman If you make more than $1 million a year in Massachusetts, you may soon be subject to a “millionaire tax” approved by voters this week through a ballot initiative. The new law creates a 4% tax on annual income above $1 million, on top of the state’s current 5% flat income tax,
Art handlers hold a painting titled “La montagne Sainte-Victoire” by Paul Cezanne (estimate on request: in excess of $120,000,000) during a photo call to present the highlights from the estate of the philanthropist and co-founder of Microsoft, Paul G. Allen in London on Oct. 14, 2022. Wiktor Szymanowicz | Anadolu Agency | Getty Images Christie’s
Anadolu Agency | Anadolu Agency | Getty Images The $2.04 billion Powerball jackpot has a winner — well, two, if you count Uncle Sam. A single ticket sold in California matched all six numbers pulled in the delayed drawing, which was held Tuesday instead of Monday night due to one state needing additional time to