A British multimillionaire could well be the first person to purchase the so called "holy-trinity" of rare high performance supercars.» Read More
The economy seems to be recovering, but holiday spending so far appears weak. What does this mean for the customary holiday tip?
Diamonds, the ultimate sign of luxury, are facing increased pressure from rival gemstones, according to one retailer.
CNBC's Robert Frank tours a $1 million mansion in Boca Raton, Florida. To help you fill the 9 car garage, the seller will throw in a Rolls Royce Phantom.
Luxury brands are snatching up lamb skin, tanneries and crocodile skin suppliers. Chanel bought Bodin-Joyeaux Tannery, reports CNBC's Robert Frank.
Jan Hatzius, Goldman Sachs chief economist, comments on the jobs report , when he expects tapering and discusses his healthy economic outlook for 2014.
Nelson Mandela embraced free markets, but thought that "with great wealth comes great responsibility," Sir Richard Branson tells CNBC.
Edward Hopper's painting "East Wind Over Weehawken" just sold for $40.5 million. CNBC's Robert Frank reports this is a new record for the artist.
Young pro athletes often burn through big money contracts, but Philadelphia 76ers phenom Michael Carter-Williams is going to an extreme to protect himself.
CNBC's Robert Franks reports that Edward Hoppers "East Wind over Weehawken" beat expectations and sold for $40.5 million at Christie's.
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.
Financial advisors are being particularly aggressive about managing their clients' income-tax liability.
A survey of the CNBC Financial Advisor Council is bullish on emerging markets as a hedge against market volatility.
Clients keep advisors on their toes with questions about topics, from asset allocation to long-term health care.