Wealth

The future is uncertain for Twitter employees after the board accepted a $44 billion offer from Tesla CEO Elon Musk to buy the popular social media platform and take it private on Monday.  “Once the deal closes, we don’t know which direction the platform will go,” Twitter CEO Parag Agrawal told employees during a company-wide

Kathrin Ziegler | DigitalVision | Getty Images Life may be short but early retirement might be, too, if you don’t have a solid financial plan for life after work. Whether it’s due to pandemic burnout, a new attitude on life or an optimism fueled by surging stock and real estate markets, more Americans appear to

Sergey Mironov | Moment | Getty Images If you missed the April 18 tax deadline, you may cut back on penalties by filing your return promptly, according to the IRS.  While it’s too late to request an extension, you can still reduce monthly late fees. Failure to file costs 5% of unpaid taxes per month and late payments incur

There’s no shame in finding business tips and tricks on TikTok. But if you want to follow in the footsteps of your favorite entrepreneur or tech titan – think Berkshire Hathaway CEO Warren Buffett or Meta founder Mark Zuckerberg, for instance – you might want to crack open one of the books where they picked

From chasing down yachts to seizing Italian villas, the global effort to punish Russian oligarchs for their financial ties to Vladimir Putin’s invasion of Ukraine has been unprecedented. For its part, the U.S. has arranged its own special task force — known as Task Force “KleptoCapture” — within the Department of Justice to seize the

Rep. Judy Chu, D-Calif., speaks during a news conference announcing the State and Local Taxes (SALT) Caucus outside the U.S. Capitol. Sarah Silbiger | Bloomberg | Getty Images The U.S. Supreme Court has rejected a challenge from New York and three other states to overturn the $10,000 limit on the federal deduction for state and

As news of soaring gas prices splashed across headlines, Yasmine Camilla saw her energy bill double “almost overnight.” Filling up the tank now costs 30% to 40% more, she says. But this rising cost of living is something she would never have noticed eight months ago. “I had always just filled up my car when

K. Kenneth Davis, a financial educator known as The Trans Capitalist, has made it his mission to help the LGBTQ+ community understand money. His passion comes from his own experiences: A decade ago, Davis says he found himself nearing a financial catastrophe. Credit card bills were piling up, he was facing eviction, and he was

The wait time for a new Lamborghini SUV or super-car is now over 12 months, as demand from wealthy car lovers shows little sign of slowing, the automaker’s chief executive told CNBC on Wednesday. Despite volatile stock markets and growing economic uncertainty, demand for Lamborghini’s is “as high as ever,” said Stephan Winkelmann, Lamborghini’s CEO.

In 1992, years before Amazon had the capacity to deliver parcels to every home in America, billionaire philanthropist MacKenzie Scott’s life looked a lot different. Scott had just graduated from Princeton University, and moved to New York City in the hopes of becoming a novelist. Like many recent college grads, she struggled to pay bills.

Growing up in an immigrant household, money was treated as a tool for survival. My parents worked long hours to provide for me and my siblings, and each dollar was used for necessities like bills and food. There wasn’t much room for wants or going on family vacations.  I wasn’t taught how to grow my

Elon Musk’s bid to acquire Twitter might have an undesirable side-effect for the billionaire: adding yet another large company to his jam-packed schedule. The Tesla and SpaceX CEO has offered to buy every Twitter share he doesn’t already own — 90.8% of the company — in a deal worth roughly $43 billion, according to a