Wealth

Ryan Reynolds Jason LaVeris | FilmMagic “Deadpool” star Ryan Reynolds and “It’s Always Sunny in Philadelphia” actor Rob McElhenney are in talks to buy Welsh soccer club Wrexham A.F.C.  Wrexham, which is owned by fans and is the third-oldest professional soccer club in the world, announced Wednesday that the two actors were interested in investing. 

With around 13 million Americans unemployed and thousands of businesses permanently closed across the U.S., experts warn that more stimulus will be needed for economic recovery amid the ongoing pandemic. However, Congress is at an impasse, and it looks unlikely that a deal on another stimulus package will happen any time soon. But “we need it as much now as we did back

J.P. Morgan Chase CEO Jamie Dimon Getty Images SINGAPORE — J.P. Morgan Chase’s Chief Executive Jamie Dimon said he’s not against higher taxes on the rich, but a wealth tax is not the way to do it. “A wealth tax is almost impossible to do,” he told CNBC-TV18 at the J.P. Morgan India summit on

Finding a career that you’re passionate about is “the best thing that can happen to you,” entrepreneur Kevin O’Leary tells CNBC Make It. That way, “the hours that you’re working don’t seem like work at all,” O’Leary, an investor on ABC’s “Shark Tank” and chairman of O’Shares ETFs, says. “That’s the magic of finding the right

Earlier this year, social distancing and the cataclysmic drop in demand for air travel was expected to bring a sharp rise in airfare prices. Flying was going to get expensive — a lot more expensive, according to some. Commercial aviation, the conventional wisdom said, would return to its 1950s roots as a luxury available only

There have been almost 200,000 deaths in the United States due to the coronavirus pandemic. And now, wildfires raging across the Western seaboard have killed dozens, burned over 3.6 million acres of land and over 6,400 structures. Residents have been cooped up inside to avoid polluted air. This is a crisis that even the titans of technology and innovation say

Democratic U.S. presidential nominee and former Vice President Joe Biden delivers remarks regarding the Supreme Court at the National Constitution Center in Philadelphia, Pennsylvania, U.S., September 20, 2020. Mark Makela | Reuters Democratic presidential nominee Joe Biden’s plan to increase the capital gains tax could lead to a large-scale sell-off of stocks, according to economic

The RealReal exterior Soruce: CNBC No matter what it’s called — resale, re-commerce, luxury consignment or pre-loved — the market for secondhand fashion was booming before the Covid-19 pandemic upended the lives, and financial security, of millions of people. All those clothes in your closet? The ones you haven’t worn in years, but just can’t

Always wanted to live abroad? Now may be your best chance. More countries are inviting travelers to trade their home offices for the opportunity to live and work abroad during the pandemic. Stanford University economist Nicholas Bloom estimates 42% of the U.S. labor force is now working from home full time. And workers may not

Growing up as a gay kid in India, I always dreamed of living in the United States. The only problem was that no one in my family had ever ventured abroad, and my only exposure to the country was watching a few sitcoms. So coming to the U.S. with only $1,000 at the age of

Microsoft co-founder Bill Gates has had the opportunity to meet and work alongside major tech giants, including late Apple co-founder, Steve Jobs. In an interview with Bloomberg, Gates was asked whether his contemporary Elon Musk could be considered the “next Steve Jobs,” due to the advancements his companies Tesla and SpaceX have made in electric

The head of the World Food Programme (WFP) David Beasley attends a press conference about an updated aid appeal for South Sudan on May 15, 2017 at the United Nations Office in Geneva. FABRICE COFFRINI/AFP via Getty Images The UN’s top food official has urged billionaires and businesses to help save 30 million people around

With America’s large wealth gap and the United States government’s need for revenue, new taxes need to be implemented to raise more money from the rich — and the way to do that is with a wealth tax, economists Joseph E. Stiglitz and Thomas Piketty said Thursday. “Where we are today in the 21st century,

Virgin Atlantic Airways and Virgin Group founder, Sir Richard Branson. Craig Barritt LONDON – Virgin founder Richard Branson is looking to raise $460 million to create a new special purpose acquisition company, or SPAC, becoming the latest in a line of wealthy investors to do so.  In a filing with the Securities and Exchange Commission

Sutter Hill Ventures Managing Director Mike Speiser speaks onstage at TechCrunch Disrupt at Pier 48 on September 9, 2014 in San Francisco, California. Steve Jennings | Getty Images Two months after Facebook’s massive IPO in 2012, venture capitalist Mike Speiser was a few miles away from the social networking company, incubating a software start-up from

A 67-million-year-old T. rex specimen, named Stan, will be auctioned off by Christie’s on Oct. 6 and will be on display in the windows of Christie’s Rockefeller Center starting Wednesday. Robert Frank One of the largest and most complete Tyrannosaurus rex fossils ever unearthed is coming up for auction and could fetch between $6 million

Today, Tom Brady is an NFL vet — he’s a six-time Super Bowl champion and National Football League MVP, and in his first game as quarterback for the Tampa Bay Buccaneers on Sunday, the 43-year-old became the oldest oldest player in the NFL to score a touchdown. But as a teenager, Brady had odd jobs

Entrepreneur Bethenny Frankel has a lot going on. She is the founder of Skinnygirl, as well as disaster relief initiative BStrong. And she’s launching her podcast, “Just B with Bethenny Frankel” this month. To get it all done, Frankel is “so organized,” she tells CNBC Make It. So what do her days look like? Frankel says

Singapore Airlines is said to be considering a new route next month — what media reports are calling a “flight to nowhere.” Flights that take off and land from the same place — in this case, Singapore Changi Airport — may start as early as next month, according to a report in the local Straits Times

Democratic donor and money manager Michael Novogratz told CNBC on Monday that Joe Biden defeating President Donald Trump would at first cause problems for the U.S. stock market. But the former hedge fund billionaire turned cryptocurrency investor contended that a victory by the former vice president would, ultimately, go on to benefit Wall Street.  “I think