Weathering Europe's economic storm, London auctions this week netted more than $440 million as bidders snapped up high-profile works by Picasso, Modigliani, and Morisot.
Reprising his 2011 crusade, Barack Obama is calling again for eliminating "tax breaks for private jet owners," drawing criticism from the industry and opposing politicians alike.
One way to look at the stock market is that it's a giant wealth creation machine, reports CNBC's Robert Frank. Art Hogan, Lazard Capital Markets; and CNBC's Michelle Caruso-Cabrera & Brian Shactman, weigh in.
Money can't buy you love, but it certainly can help out in other ways, reports CNBC's Robert Frank, who looks at whether money can really make you happy.
With the Dow breaching 14,000, investors have recovered the more than $8 trillion in wealth lost during the recession and millionaires are more numerous and more confident than they've ever been.
With 82 percent of all directly owned stocks in the United States in the hands of the wealthiest five percent of Americans, the gains from the recent stock market surge will go almost entirely to those who are already rich.
Virtually every state's tax system unfairly takes from those who make the least, says a new report. But which states take the most from their richest residents?
More than 1,000 private jets are expected to fly into New Orleans this weekend, just under last year's tally of around 1,100 planes in Indianapolis – one of the biggest ever.
LONDON, Jan 11- Niklas Zennstrom, co-founder of internet phone service Skype, believes the next hot tech business will just as likely spring from Istanbul or Sao Paolo as from Silicon Valley or the coolest districts of London.