Home Depot Earns 83 Cents/Share in Q1 vs 77 Cents/Share Forecast
Inside Wealth: Investing
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A huge diamond unearthed in Botswana commanded an unearthly price of $26.7 million from Christie's auction house Wednesday amid the spring ritual of well-heeled bidders flocking or phoning in to Geneva's luxury sales.
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New IRS data show that those making between $1.5 million and $2 million pay the highest average tax rates in the country.
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Nowhere is the impact of foreign riches more noticeable than at Lamborghini Miami, one of the nation’s largest sellers of super-cars.
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In their rush to avoid the tax hikes of the "fiscal cliff," investors may end up with regrets.
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If the charitable deduction is capped or cut, some say, the United States will lose billions of dollars in charitable donations. But there is little hard data to support the claim.
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An Andy Warhol canvas led Christie's $412.3 million sale in New York, signalling a shift in tastes to midcentury and contemporay American work.
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Sotheby’s contemporary art sale had total sales of $375 million, shattering the old record of $362 million set in May 2008, before the financial world collapsed.
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In the wake of Sandy, the election and the Dow's fall, the fall auction season began with a sale that could generously be described as “subdued.”
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The United States added more than 1,000 millionaires a day under the Obama administration.
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Companies have given millions to the Sandy cause. But so far, big charity checks from the rich remain scarce.
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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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America's richest citizens are feeling optimistic about the economy, especially the future returns in technology, energy, and health care.
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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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The battle over Whitney Houston's fortune is not particular to the Houston family. How much is too much to leave the kids?
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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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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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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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A new survey shows that multi-millionaires use advisers for only half of their money, or less.
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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.