Inside Wealth: Spending
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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.
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As China’s economy slows, shoppers are slowly overcoming the stigma of wearing“pre-owned” luxury goods.
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Rumors were that plans for the former Apple CEO's boat had been shelved during Jobs's illness. But the yacht has just had its posthumous launch in the Netherlands.
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Spending by the super-rich has largely recovered in areas like art, wine, super cars and mansions. But new orders for yachts over 130 feet are down by half since 2008.
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A study of college freshman shows that 86 percent want to be financially well-off -- up more than 10 percent from last year.
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Call it two-for-two. For the second time in as many months, a London-listed luxury company has warned on its profits, sending a shock wave through the luxury goods sector.
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As Asia Slows, Luxury Watchmakers Count on Elite Buyers
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A new study finds that affluent voters will spend more, invest more and put more money into their businesses if Romney wins in November.
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A study from American Express Publishing and Harrison Group shows that holiday spending will grow 33.5 percent among the top one percent of earners this Christmas, to $3.4 billion.
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The 75 percent tax on millionaires in France has caused more of the rich to put their homes up for sale. But don't expect bargains in Paris, where prices remains high.
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A new study says there are 2,725 women in China worth $30 million or more. They are a huge market for luxury marketers — provided the luxury companies predict their desires accurately.
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Election experts and lawyers say law specifically prevents employers from telling workers they could lose their jobs if they vote for a certain candidate.
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A new study predicts that the U.S. will have 16.7 million millionaires in 2017, about 50 percent more than today.
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Seeking to avoid more division over his wealth tax hike, the French president moved to squelch a legislative amendment that would extend the tax to art assets.
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Big fashion brands are fretting over whether to offer their wares on Amazon as its move into clothing forces them to decide if the website is a lucrative new sales channel or a threat to their prestige
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Frank joined CNBC in 2012 as a reporter and editor. He is a leading journalistic authority on the American wealthy.