Wealth

IRS Commissioner Danny Werfel speaks at a Senate Finance Committee hearing in Washington, D.C., on April 19, 2023. Al Drago | Bloomberg | Getty Images After vowing to “substantially” reduce audits on a low-income tax credit in September, the IRS confirmed it’s taking steps to address the inequity. “We’ve announced a significant and dramatic reduction
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(L to R) Brazil’s President Michel Temer, Russia’s President Vladimir Putin, China’s President Xi Jinping, South Africa’s President Jacob Zuma and India’s Prime Minister Narendra Modi pose for a group photo during the BRICS Summit on September 4, 2017. Wu Hong | Afp | Getty Images Millionaire population in the BRICS countries will see a
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The kingdom of Bhutan is planning a “mindfulness city” that, if built, will cover some 2.5% of the country — an area larger than Singapore. Plans show the 1,000-square-kilometer city will be built near the town of Gelephu, along Bhutan’s southern border with India. “Gelephu Mindfulness City,” as it’s called in the project’s masterplan, will
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Mark Cuban didn’t want to invest in Genius Litter — until a bidding war between his “Shark Tank” co-stars annoyed him into changing his mind. The Austin, Texas-based company sells color-changing cat litter can alert pet owners of potential illnesses. Founded in 2020, Genius Litter is already profitable, CEO and founder Ramon van Meer said
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When you’re considering investment advice, taking a tip from one of the world’s wealthiest people is probably a good place to start. That’s why Shaquille O’Neal says he turned to Amazon founder Jeff Bezos for inspiration before deciding to invest in Campus, the online community college startup that’s already raised more than $29 million from
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Elon Musk, chief executive officer of Tesla Inc., during a fireside discussion on artificial intelligence risks with Rishi Sunak, UK prime minister, not pictured, in London, UK, on Thursday, Nov. 2, 2023.  Tolga Akmen | Bloomberg | Getty Images The bombshell, 200-page Delaware court ruling Tuesday ordering Tesla to undo its massive $56 billion compensation
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