While real estate in much of the country is hitting a slow patch, luxury home sales in Silicon Valley are soaring nearly as fast as Facebook stock.» Read More
Edward Hopper's famous portrait of economic hardship has just become the new symbol of unbridled wealth.
CNBC's Robert Frank says inequality today is lower than it was when the economy was much stronger.
CNBC's Eamon Javers reports according to the Washington Post says the new study showing a third of U.S. bank tellers rely on public assistance, was released by a labor-backed group.
A new study shows a third of U.S. bank tellers rely on public assistance. CNBC's Kayla Tausche reports the 540,000 bank tellers make an average of roughly $26,000. Robert Frank breaks down the wealth gap in the U.S.
There is no question that inequality is disturbingly high. But the discussion around it is flawed by a disregard for actual data.
The idea of giving to those in need seems to have become buried under a pile of boxes and wrapping paper. It's social media to the rescue.
An unlikely man from Seattle donated millions to three institutions in his will, reports CNBC's Robert Frank.
Even if you have $1.4 million to buy a LaFerrari, you probably can't get it. The supercar's sold out.
Edward Hopper's "East Wind Over Weehawken" will be auctioned at Christie's this week. CNBC's Robert Frank reports.
Bob Janjuah, co-head of cross-asset allocation strategy at Nomura, says the U.S. Federal Reserve's quantitative easing program is causing an "enormous skew in the distribution of wealth" and spending power of Americans.
CNBC's Robert Frank has the details on why the very rich may be regaining their confidence in the economy but not necessarily in stocks. And CNBC's Sharon Epperson; Dani Hughes, Divine Capital; Matthew McCormick, Bahl & Gaynor Investment Counsel, and Larry Glazer, Mayflower Advisors, weigh in.
CNBC's Robert Frank reports on plans for the "Freedom Ship," a mile-long, 25-story megaship that would cost $10 billion to build.
CNBC's Robert Frank takes a look at why the rich are concerned about the stock market.
The "Freedom Ship International," a mile-long, 25-story tall floating city, is out looking for funding.
This week, the largest-known private collection of memorabilia from the Lord of the Rings films will be auctioned in Beverly Hills.
Michael Kurtz, Global Head of Equity Strategy at Nomura, says markets have been preparing themselves for a Fed taper and lists his reasons for declaring an end to the global financial crisis.
It's the season of giving, and the season of charity scams. Watch out for these crowdfunding and online tricks.
Millionaires are feeling better about the economy, but more skeptical of the stock market, according to Spectrem Group's Millionaire Investor Confidence Index.
Will a potential tax hike on the rich drive millionaires out of their home states? Probably not. CNBC's Robert Frank reports.
CNBC's Robert Frank reports the details on the most expensive book ever sold at Sotheby's for $14.2 million.
Financial advisors who opt to target clientts with whom they identify are finding fulfillment and profit in their endeavours.
Many investors with money in IRAs or 401(k)s struggle with what to do when life circumstances change. A look at some options.
Many think estate planning is only for the rich, but it's recommended that everyone state their wishes in a will.