Wealth

Bill Gates is excited about how many new climate tech start-ups have popped up in recent years. He also thinks that plenty of them won’t last. “The number of companies working on these things is very exciting,” Gates said on Wednesday, in a virtual session of the World Economic Forum. “Some of them will fail.

Prime Minister Scott Morrison on Wednesday announced Australia will refund visa fees for vaccinated backpackers who arrive within the next three months. The country — whose tight, pandemic border policies locked out its citizens, and more recently, one of tennis’s biggest stars — is encouraging backpackers to visit. And it’s doing so because it wants

For billionaire investor Mark Cuban, there was one defining moment that led him to go all in on cryptocurrency. “I always paid attention to bitcoin, the pricing, the tokens and the [crypto]currencies,” Cuban told Miami Mayor Francis Suarez at The North American Bitcoin Conference on Monday. “But what really got me into it was, about

In this article PTON Peloton executives and insiders sold nearly $500 million worth of their stock before its big decline, according to filings with the Securities and Exchange Commission. The company’s stock is down more than 80% from its highs last year, and it hit a 52-week low of $29.11 Tuesday. Yet the company’s CEO

In this article RBLX WMT NKE RL Customers exit a Ralph Lauren Corp. store in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Ralph Lauren CEO Patrice Louvet said Monday that the fashion brand is chasing opportunities in the metaverse as a way to attract younger shoppers. At the National Retail Federation’s annual

A pedestrian wearing a face mask delivers food to a homeless person sleeping in the entrance of a shop, closed due to coronavirus restrictions, in central London on December 23, 2020. Tolga Akmen | AFP | Getty Images The pandemic has made the rich richer while the income of the rest of the world —

Billionaire Mark Cuban is mostly investing in cryptocurrency nowadays. “The investments I’m making now are not in traditional businesses,” Cuban said on a recent episode of “The Problem With Jon Stewart” podcast. In fact, “80% of the investments that I make that are not on ‘Shark Tank’ are in or around cryptocurrencies.” One type of

Common biases that lead to bad money moves Morningstar’s behavioral finance research team found that nearly all Americans show at least one of four common biases, and that higher levels of these biases directly correlate with worse financial outcomes compared to peers, including poorer credit scores and lower balances in savings and investing accounts. The

Excelling in college and getting a good job was the only path Boston native Caroline Vo, now 36, felt she could follow. “I come from Vietnamese immigrant parents: It was very much ingrained that you go to school, work hard, get good grades, and then you go to college, get a good job, and kind

Covid’s omicron variant is currently tearing through the U.S. and the rest of the world at a record-breaking pace — but Bill Gates sees hope on the horizon. Once the current surge abates, countries can expect to see “far fewer cases” through the rest of 2022, Gates wrote on Tuesday during a Twitter Q&A with

Theranos founder Elizabeth Holmes, center, and her family leave the Robert F. Peckham Federal Building and U.S. Courthouse after the jury found her guilty on four counts in San Jose, Calif., on Monday, Jan. 3, 2022. Dai Sugano | MediaNews Group | Getty Images Former Theranos CEO Elizabeth Holmes, who was convicted of federal fraud

Last year wasn’t a stellar year for travelers. Perhaps that’s why so many are pinning their hopes on 2022.  Travel bookings and inquiries are surging, say travel insiders, in an upward trajectory that, if realized, may both benefit and challenge travelers in the coming year.   ‘People want to make up for lost time’ Travel

When considering any cryptocurrency investment, billionaire investor Mark Cuban looks for utility in each project. That’s why, to him, “tokens trading are the least important part of crypto,” he tweeted on Tuesday. Instead, Cuban sees smart contracts, or collections of code that power decentralized applications, and how they’re used within projects as the most important

Actor, producer and entrepreneur Kevin Hart is the one of world’s highest paid stand-up comedians and owns a successful venture capital firm — but he didn’t get where he is in the business world without learning from his mistakes.  On Friday’s episode of ABC’s “Shark Tank,” the guest Shark turned down an offer from Candi

In this article VOYA Nearly 1 in 5 Americans admit they saved no money at all in 2021, according to a survey by MagnifyMoney. Saving can be especially difficult for low- and middle-income consumers. Of those making $35,000 or less a year, nearly one-third of respondents said they saved no money at all last year,

Millions of people canceled their travel plans in 2021 as Covid-19 halted international trips around the world. Renee Miller and Tim Beissinger were not among them. The pair are “thru-hikers,” a term which describes a style of hiking that starts and ends in different places, while often covering long distances. Rather than staying at home,

The pursuit of the American dream has been a part of my story from the beginning. If not for the courage of my family, I wouldn’t be here. My mom sacrificed to have me stay in America so I could take advantage of every opportunity available.  As a first-generation Haitian American, education was always viewed

We all want money — some of us dangerously so. Thankfully, there are simple and powerful ways to get rich without gambling your hard-earned savings. For sure, they won’t all just stick in your brain. And many will change over time as Uncle Sam reforms our taxes and benefits, and as new and better financial

According to billionaire investor Ray Dalio, it’s reasonable for everyday investors to hold a small amount of bitcoin, the largest cryptocurrency by market value. So how much exactly? On a recent episode of the We Study Billionaires podcast, Dalio was asked by co-host William Green whether allocating 1% to 2% of one’s portfolio to bitcoin

Billionaire investor Ray Dalio has been outspoken about the value of self-awareness for years. But on a December episode of the “Lex Fridman Podcast,” when asked what advice he had for young people, Dalio clarified a group’s talents are more fruitful when its members know each other’s strengths and weaknesses, and how to “work well