Billionaires are holding mountains of cash, offering the latest sign that the ultra-wealthy are nervous about putting more money into today's markets.» Read More
The investigation into whether JPMorgan Chase hired the children of powerful Chinese officials to help the bank win business is sending shudders through Wall Street.
Total sales for this weekend's auction at Concours D'Elegance Pebble Beach reached a record breaking $301 million, according to Hagerty.
The red Ferrari was one of only 10 ever built, and its single-family ownership reportedly increased interest in the sale.
CNBC's Phil LeBeau reports on the seventh-generation Chevrolet Corvette, which is expected to go on sale later this year. And CNBC's Robert Frank checks in from the auto show at Pebble Beach, Calif.
Porsche's have always been the poor cousin of Ferrari. CNBC's Robert Frank reports Porsche prices are suddenly on a tear since so much money is going into collectible cars.
The car used for the classic '80s movie should go for more than $250,000, but some think it could fetch up to $1 million.
Settlement negotiations are being held to divide up the $300 million estate of heiress Huguette Clark. Her will stated that none of her fortune should go to distant relatives.
The combined sales of the top five cars could fetch more than $60 million, reports CNBC's Robert Frank, from the 2013 Pebble Beach event.
Forbes is out with a list of the 100 most innovative companies in the world. Bruce Upbin, managing editor at Forbes, joins to discuss the list.
A new study from the nonpartisan Tax Policy Center finds that the real money for the wealthy is made from investments and business income—not salaries.
CNBC's Robert Frank has the latest details in a bizarre love triangle potentially involving Bernie Madoff.
Ever dream of owning a Maserati? A look at the new and more affordable 2014 Maserati Ghibli, with Robert Graczyk, Maserati North America president & CEO, and CNBC's Robert Frank and Herb Greenberg. "This car is 100% Maserati, and can go 177 mph," says Graczyk.
One New York City area resident spent nearly $1 million just building a wine cellar that was then stocked with about 6,750 bottles of wine.
CNBC's Robert Frank reports on one collector's private collection worth millions of dollars with one bottle worth $30,000.
CNBC's Robert Frank reports on "turnkey mansions," when a rich buyer wants a mansion and everything in it. A New York penthouse sold for $7 million, which even included the toilet brushes and two jars filled with M&Ms.
Haggling over fossils and forks has become increasingly common at the top of the real estate market as more and more foreign buyers rush into the market for high-end properties.
After taxes, the 3 Powerball jackpot winners will receive $58 million. CNBC's Robert Frank reports on what the money can buy you.
Checking on the real estate market in San Francisco, with McGuire Real Estate partner Jeff Salgado. This week's power house is listed for $1.295 million.
Mel Karmazin wants JPMorgan's CEO Jamie Dimon to run for president, and the New York Times says it's not for sale. CNBC's Robert Frank and Bob Pisani, discuss.
Record lottery payouts are rewriting the conventional financial wisdom about how the winners can best handle their good fortune, from tax advice to their reconfigured lives.
Control and certainty about asset transfers make trusts an attractive option for family businesses.
Naming the wrong people on the beneficiary form or failing to update financial documents can create a real mess for your heirs.
Use of a psychologist can help business owners better align employee actions and attitudes with company operations.