Wealth

Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, attends a news conference to present the 2022 annual results of LVMH in Paris, France, January 26, 2023. Gonzalo Fuentes | Reuters The Paris public prosecutor’s office is investigating LVMH CEO Bernard Arnault over financial transactions involving Russian oligarch Nikolai Sarkisov. French newspaper Le
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Martin Barraud | Caiaimage | Getty Images PHOENIX — Retirement security is a concern for many older Americans and outliving savings is often their biggest fear. To that point, some 58% of savers and retirees worry about running out of money, according to recent research from Cerulli Associates. But “retirement spending is not pass-fail,” said
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Sequoia Capital managing partner Roelof Botha has a strategy for making tough decisions. The longtime venture capital investor honed it through decades of experience helping early-stage tech companies like YouTube and Instagram grow into industry giants. He repeatedly watched CEOs get stuck when trying to choose between two options, and it taught him a lesson.
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The best hotel in the world is Passalacqua, an 18th century villa on the edge of Italy’s Lake Como.     That’s according to the 50 Best organization, which announced the results of “The World’s 50 Best Hotels” in London on Tuesday. The villa hotel is the former home of composer Vincenzo Bellini and sits among
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Svyatoslav Balan | Getty Almost regardless of how much you have in the bank, it’s hard to feel financially secure. Across the board, households are facing surging child-care costs, ballooning auto loans, high mortgage rates and record rents amid economic uncertainty and recessionary fears. Of those with more than $1 million in investable assets, as many
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In this article ABNB Follow your favorite stocksCREATE FREE ACCOUNT Many Airbnb users with bookings in New York City this Christmas are scrambling to find new accommodations. The company announced plans to cancel and refund bookings for stays after Dec. 1, according to the Associated Press, after long-planned regulations aimed at curbing illegal short-term rentals
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Mark Cuban has “a secret that all successful people know,” he says: Beware of anyone who claims they can sell you a foolproof strategy for making easy money. “When you see somebody on social media telling you how they’re going to make you money, they’re lying,” the billionaire entrepreneur and investor told his 940,000-plus TikTok
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Blackcat | E+ | Getty Images “I’m not a math person.” “I’m not a numbers person.” “I’m bad with money.” Sound familiar? No, we’re not recording you at home. As a wealth advisor, I hear statements like this all the time from women, regardless of their age. In fact, one of the most common —
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Some of CEO and entrepreneur Elon Musk‘s most polarizing attributes may have also enabled his success so far, says biographer Walter Isaacson. Musk has become well-known for seemingly impulsive decisions and controversial statements on his social media platform X, formerly known as Twitter. That reckless streak can’t be separated out from Musk’s track record of
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Kate_sept2004 | E+ | Getty Images Whether it’s navigating a stock market downturn, hawkish Federal Reserve policy or banking instability, we’re dedicated to helping consumers make smart money decisions. But CNBC’s personal finance team also recognizes the value of professional advice and a comprehensive financial plan, regardless of life stage or level of wealth. Our mission is the primary
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