Wealth

Bugatti’s La Voiture Noire Source: Bugatti 2019. The world’s most expensive new car makes its North American debut this week at the world’s premier luxury auto show, the Pebble Beach Concours D’Elegance, which kicks off Tuesday in Monterey, California. Bugatti debuted its one-of-a-kind $18.68 million La Voiture Noire, which translates to The Black Car, at

Judges view a 1964 Ferrari SpA 250LM Scaglietti Berlinetta vehicle during the 2015 Pebble Beach Concours d’Elegance in Pebble Beach, California. David Paul Morris | Bloomberg | Getty Images The Pebble Beach Concours kicks off Tuesday in Monterey, California, marking the start of the auto industry’s most prestigious annual event. Described as the Coachella for

Wheels Up is a new airline travel company co-founded by Bill Allard who stands in front of a new Beechcraft 350i King Air turbojet plane with only 30 hours on it. John Tlumacki | The Boston Globe | Getty Images Wheels Up, the private aviation start-up that counts Tom Brady and Serena Williams as members,

Apple, the tech giant best known for the iPhone, launched a credit card this week. It’s called the Apple Card, and it’s linked to your iPhone’s Wallet app and Apple Pay. Apple’s pitch with the card? It starts with cash and goes deep with security and design. This week, Jon Fortt takes a closer look

Borut Trdina | Getty Images Wealthy investors are trimming their stock positions, amid anxiety around a trade war and instability in Washington. Members of TIGER 21, an investment club for high-net-worth individuals, reduced their stock allocation to 21% from 22% during the second quarter, according to the group’s quarterly report. TIGER 21, a group of

The problem with the Monopoly board game is that only one person ends up happy in the last half hour of the game, and everyone else is miserable. If you believe tech critics, some of the biggest companies in the industry have figured out a way around this unhappy ending in real life. Each one

Former Special Counsel Robert Mueller exits during a break in testimony during a House Intelligence Committee hearing on the Office of Special Counsel’s investigation into Russian Interference in the 2016 Presidential Election on Capitol Hill in Washington, July 24, 2019. Jonathan Ernst | Reuters The nearly two-year special counsel investigation of Russian election interference led

Western Canada Steve Smith | Tetra images | Getty Images Looking for some peace and quiet in retirement and willing to pay for the privilege? Try looking outside U.S. borders. We took the top 10 countries in this year’s Global Peace Index from the Sydney, Australia-based Institute for Economics and Peace and reordered them from

Leon Cooperman Scott Mlyn | CNBC During Tuesday night’s Democratic presidential debate, many of the Democratic candidates called for ending a favorite tax break of the rich. And now they have some unlikely allies: billionaire, conservative hedge-fund managers. In Wednesday’s Financial Times, hedge-fund manager and longtime Republican supporter Leon Cooperman said that while he opposed

View of Abu Dhabi’s skyline at sunset from Dhow Harbour in the UAE. Getty Images Singapore sovereign wealth fund GIC has joined major Wall Street investors in a landmark oil pipeline partnership with Abu Dhabi’s National Oil Company (ADNOC), bringing the total investment in the project to nearly $5 billion. The move, which will see

U.S. financier Jeffrey Epstein appears in a photograph taken for the New York State Division of Criminal Justice Services’ sex offender registry March 28, 2017 and obtained by Reuters July 10, 2019. New York State Division of Criminal Justice Services/Handout via REUTERS. New York State Division of Criminal Justice Services | Handout | Reuters Jeffrey

Charges against Jeffery Epstein were announced on July 8, 2019 in New York City. Epstein will be charged with one count of sex trafficking of minors and one count of conspiracy to engage in sex trafficking of minors. Stephanie Keith | Getty Images News | Getty Images A day before accused child trafficker Jeffrey Epstein

Sir Richard Branson is honored with star on the Hollywood Walk of Fame on October 16, 2018 in Hollywood, California. Axelle/Bauer-Griffin | FilmMagic | Getty Images Fulfilment does not come from material possessions, billionaire Richard Branson said in a new blogpost, claiming he “never set out to make money.” “I truly believe that ‘stuff’ really

Five billion dollars. That’s how much Facebook will have to fork over to the government under a settlement with the Federal Trade Commission. It’s the biggest fine for violating user privacy by a wide margin – 200 times bigger than the previous record, according to the FTC chair. But some are already saying the settlement

Adrian Peterson #26 of the Washington Redskins looks on after being tackled by the Philadelphia Eagles during the first half at FedExField on Dec. 30, 2018 in Landover, Maryland. Scott Taetsch | Getty Images Sport | Getty Images Professional athletes suddenly striking it rich and then precipitously losing it all is a tale familiar to

Dick Cavett’s estate in Montauk is listed at $33.95 million, down from $62 million in 2017. Source: Corcoran It’s been a cruel summer for Hamptons real estate Real estate sales and prices in the Hamptons continued to fall in the second quarter, marking a year and a half of declines, according to a report from

A pair of 1972 Nike running shoes became the most expensive sneakers ever sold at auction, fetching $475,500 at Sotheby’s. The sneakers were purchased by Canadian entrepreneur Miles Nadal, and were part of a collection of 100 of the rarest sneakers ever made that was being sold by Sotheby’s and sneaker marketplace Stadium Goods. While

Jerome Powell, chairman of the U.S. Federal Reserve, said that downside risks to the economy remain with trade wars softening business investment and weak inflation. Bloomberg | Bloomberg | Getty Images People at the very top are a little confused by the current economy and top in the market. Warren Buffett has said that no

If it’s hard to believe that one fish could be worth a mind-boggling $2.6 million, then you’re probably not familiar with the high-stakes world of tournament sports fishing. The White Marlin Open in Ocean City, Maryland, is a week-long fishing competition held annually in August and in the fishing world, it’s basically the Super Bowl.

Flood waters cover a neighbourhood street after Tropical Storm Barry passed through in Mandeville, Louisiana on July 14, 2019. SETH HERALD | AFP | Getty Images Hurricane Barry dumped more than 23 in. of rain in places as it stormed up the Mississippi River Valley from Louisiana and Alabama to Arkansas and as far north