Business

bg
The wealthy are loading up on cash, gold and family trusts during market turmoil

The wealthy are loading up on cash, gold and family trusts...

Several top executives in wealth management said that unlike the crashes in 2020...

bg
Tax attorneys say IRS has become a 'zombie' as agency cuts staff and halts audits of the wealthy

Tax attorneys say IRS has become a 'zombie' as agency cuts...

With the IRS expected to lose about a third of its staff after firings and buyouts,...

bg
More rich Americans are opening Swiss bank accounts fearing U.S. risks

More rich Americans are opening Swiss bank accounts fearing...

Swiss banks say they have seen a surge of interest and business from high-net-worth...

bg
Cartier owner Richemont posts earnings beat as shoppers splurge on jewelry despite luxury slowdown

Cartier owner Richemont posts earnings beat as shoppers...

Cartier owner Richemont on Friday posted better-than-expected quarterly sales as...

bg
The slow death of the 'death tax': Here's what to know

The slow death of the 'death tax': Here's what to know

CNBC’s Robert Frank joins 'Squawk Box' with the latest news.

bg
Wealthy taxpayers get new breaks under House bill — along with a hidden tax hike

Wealthy taxpayers get new breaks under House bill — along...

High earners would get a series of tax cuts in the latest House plans, yet many...

bg
Wealthy taxpayers could get new breaks under House bill

Wealthy taxpayers could get new breaks under House bill

High earners would get a series of tax cuts in the latest House reconciliation plans....

bg
Here's JPMorgan's summer reading list for the wealthy for 2025

Here's JPMorgan's summer reading list for the wealthy for...

Picks include Suzy Welch's career guide, Melinda French Gates' reflections on her...

bg
AI drives growth for a few Chinese companies. Analysts share their picks

AI drives growth for a few Chinese companies. Analysts...

Spending on artificial intelligence helped give some Chinese tech companies a boost...

bg
Stocks making the biggest moves midday: Abercrombie & Fitch, Okta, Vail Resorts, GameStop and more

Stocks making the biggest moves midday: Abercrombie & Fitch,...

These are some of the stocks posting the largest moves in midday trading.

bg
Stocks making the biggest moves after hours: Gap, American Eagle Outfitters, UiPath, Dell Technologies & more

Stocks making the biggest moves after hours: Gap, American...

These are the stocks posting the largest moves in extended trading.

bg
German fiscal boost won't outweigh tariff drag for euro zone, IMF's Europe head says

German fiscal boost won't outweigh tariff drag for euro...

Following downgrades to its growth outlooks for the U.S., U.K. and many Asian countries,...

bg
Jobs report Friday to provide important clues on where the economy is heading

Jobs report Friday to provide important clues on where...

A downside surprise could be perilous for the market considering the recent spate...

bg
Euro zone inflation unchanged at 2.2% in April, leaving path open for further ECB interest rate cuts

Euro zone inflation unchanged at 2.2% in April, leaving...

Economists polled by Reuters had been expecting the reading to come in at 2.1% in...

bg
U.S. payroll growth totals 177,000 in April, defying expectations

U.S. payroll growth totals 177,000 in April, defying expectations

Nonfarm payrolls were expected to increase by 133,000 in April, according to the...

bg
Watch Fed Chair Jerome Powell deliver live remarks on policy review

Watch Fed Chair Jerome Powell deliver live remarks on policy...

Federal Reserve Chair Jerome Powell speaks Thursday morning to the Thomas Laubach...