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Wealth
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New York's wealth tax battle: Here's what to know

New York's wealth tax battle: Here's what to know

New York City will be the latest battleground in the fight to raise taxes on the...

Wealth
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Luxury giants lose billions in market value amid Middle East conflict

Luxury giants lose billions in market value amid Middle...

The Iran war is rattling the global luxury industry. Stocks like LVMH and Hermès...

Wealth
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Iran war wipes out $100 billion from luxury stocks

Iran war wipes out $100 billion from luxury stocks

Dubai in the UAE has been the biggest driver of growth in recent years, and the...

Wealth
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Sen. Bernie Sanders holds 'tax the rich' rally: Here's what to know

Sen. Bernie Sanders holds 'tax the rich' rally: Here's...

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

Wealth
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Inside the wealth management boom: Here's what to know

Inside the wealth management boom: Here's what to know

There is a $30 trillion battle raging between firms looking to manage investments...

Wealth
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Why Deutsche Bank sees a 'sharp reversal' for luxury stocks if the Middle East conflict subsides

Why Deutsche Bank sees a 'sharp reversal' for luxury stocks...

A recovery in European luxury has been upended by the Iran war.

Wealth
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Private jets take off to Augusta for the Masters Tournament: Here's what to know

Private jets take off to Augusta for the Masters Tournament:...

The Masters is set to tee off in Augusta, Georgia and its one of the biggest events...

Wealth
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The Masters has become the biggest event of the year for private jet companies

The Masters has become the biggest event of the year for...

Private jet companies are competing for high-spending customers with lavish on-the-ground...

Wealth
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LVMH sales miss expectations as luxury recovery is put on pause amid Middle East war

LVMH sales miss expectations as luxury recovery is put...

The luxury sector had shown some signs of a long-awaited recovery after a years-long...

Wealth
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LVMH stock drops as analysts flag luxury recovery 'party postponed' amid Iran war

LVMH stock drops as analysts flag luxury recovery 'party...

There was a deterioration of demand in March as a result of the Middle East conflict,...

Wealth
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Kering looks to double profits as it unveils ambitious turnaround plan to revive Gucci

Kering looks to double profits as it unveils ambitious...

The "ReconKering" strategy announced Thursday includes more than doubling its 2025...

Finance
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Alibaba leads $290 million investment for building a new kind of AI model as LLM limits emerge

Alibaba leads $290 million investment for building a new...

Startup Shengshu plans to use the money for a "general world model," paving the...

Finance
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Behind China's 'active efforts' for an Iran ceasefire: Business trumps politics

Behind China's 'active efforts' for an Iran ceasefire:...

The big risk for Beijing is that the Iran war drags down global demand for the exports...

Finance
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BlackRock rips page from hedge fund playbook, applies it to exchange-traded funds

BlackRock rips page from hedge fund playbook, applies it...

BlackRock's Jeffrey Rosenberg has a leading role in the firm's liquid alt ETFs —...

Finance
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Michael Burry says he's still betting against Palantir after Trump post boosts stock

Michael Burry says he's still betting against Palantir...

The investor of the "Big Short" fame said he continues to hold long-dated put options...

Finance
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Morgan Stanley predicts these beaten-down Chinese stocks can rebound on easing Middle East tensions

Morgan Stanley predicts these beaten-down Chinese stocks...

The strategists looked at Chinese companies with significant revenue exposure to...