Wealth

Most people know Facebook’s dorm-room origin story. But according to Mark Zuckerberg, you might have learned the wrong lesson from it. On a recent episode of the “Lex Fridman Podcast,” hosted by MIT computer scientist Lex Fridman, Zuckerberg said his initial ability to launch Facebook back in 2004 wasn’t because he dropped out of college

Bill Oxford | E+ | Getty Images The IRS has issued more than 45 million tax refunds worth almost $152 billion in total, as of March 11, the agency reported Friday. Nearly half of Americans expect refunds this season, according to a Capital One report, providing a needed financial boost for a large percentage of

After two years of living with Covid-19, travelers are making big vacation plans again. But not every type of trip may be available this year, travel professionals said. That’s because many people postponed more ambitious vacations during the pandemic — in some cases two years in a row — leaving little room for new bookings

For Apple co-founder Steve Wozniak, investing can be a real headache. “As a rule, I don’t invest [often], because then you’ve got to be watching it every day, and I like my head to be really peaceful and low stress,” Wozniak tells CNBC Make It. That’s why he says he tries to avoid buying stocks

Sunny Balwani, former president and chief operating officer of Theranos Inc., leaves federal court in San Jose, California, Oct. 2, 2019. Michael Short | Bloomberg | Getty Images He was the man behind the lab curtain at blood-testing start-up Theranos. Now he takes center stage in his own criminal fraud case. Opening arguments in the

Signage outside the Internal Revenue Service (IRS) headquarters in Washington, D.C. Bloomberg | Bloomberg | Getty Images A group of bipartisan lawmakers is pressing the IRS for answers on lingering issues amid a backlog of millions of unprocessed returns. Sens. Bob Menendez, D-N.J., and Bill Cassidy, R-La., members of the Senate Finance Committee overseeing the

Anchiy | E+ | Getty Images There’s been a wave of state-level tax cuts spurred by budget surpluses, and more breaks may be coming, according to policy experts. “States have a lot of revenue on hand and they are looking to return it to taxpayers,” said Katherine Loughead, senior policy analyst at the Tax Foundation.

Chuyn | Istock | Getty Images The business of selling citizenships to the world’s wealthy has grown into a $20 billion industry. Now “golden passport” programs are under fire as a result of the crackdown on Russian oligarchs. Russian billionaires have been among the world’s largest buyers of multiple citizenships, using alternate passports to help

High gas prices at stations in Garden Grove, California, on Monday, March 7, 2022. Jeff Gritchen | Medianews Group | Getty Images Inflation has continued to increase amid the Russia-Ukraine conflict and ongoing supply chain issues. But certain retirees may not feel the brunt of rising costs, financial experts say. Annual inflation rose by 7.9%

When asked how everyday investors should go about choosing individual stocks to add to their portfolios, financial professionals respond pretty much in unison: Do your own research. But if you have a full-time job that doesn’t involve looking at stock charts, analyzing investments can get overwhelming. More from Grow:You may have a ‘big edge over

A plane, according to Swiss media reports believed to be used in the past by Russian billionaire Roman Abramovich, is pictured on the grounds of EuroAirport Basel Mulhouse Freiburg near Mulhouse, France, March 9, 2022. Arnd Wiegmann | Reuters LONDON — The U.K. said on Wednesday it had impounded a private jet connected to Russian

The seized Lady M superyacht, owned by Russian billionaire Alexey Mordashov, at the port in Imperia, Italy, on Monday, March 7, 2022. Giuliano Berti | Bloomberg | Getty Images European governments that seized the yachts and villas of Russian oligarchs now face a more difficult question: What to do with them? The sanctions against Russian