Most rich people who try to narrow inequality turn to philanthropy. But philanthropy won't fix inequality, Conversation reports. » Read More
By: Robert Frank
Seattle passed a new income tax on households earning more than $500,000, prompting the state's Republicans to revolt. » Read More
By: Luke Graham
Oil prices are likely to be stuck within a range of $40 to $60 for the next year or more, according to U.K.-based wealth manager Coutts. » Read More
The statue of a kneeling Hitler sets a record for works by Italian artist Maurizio Cattelan.
Donald Trump says he's open to raising taxes on the rich, backing off his prior proposal to reduce taxes on all Americans.
The luxury home market may be losing some of its luster, with homes selling for $1 million or more marking their biggest decline in more than two years.
Bill Gates told CNBC that investment gains should be taxed at the same level as ordinary income — a bold call for one of the world's largest investors.
When submarine maker Graham Hawkes started designing his next generation of underwater cruisers, he decided to look to the skies instead of the sea.
Texas Armoring transforms refined luxury rides into rolling fortresses.
Rents are soaring across America — and the monthly rates at the most expensive properties make buying a home look downright cheap.
CNBC's Robert Frank and Sotheby's Lisa Hubbard talks about the history behind the rare diamond and its $25-35 million price tag.
China's media regulator has just banned the children of celebrities from appearing on reality TV, according to Chinese news agencies.
A man crashed a Ferrari 458 Spider worth more than 200,000 pounds (more than $285,000) in Burnley, England on Sunday.
New surveys show that where you live can be as important as how when determining the amount of money it takes to be considered wealthy.
WPP boss Martin Sorrell has defended his large pay package, telling CNBC that the success of the firm is linked to how much money he makes.
Billionaire Naveen Jain reveals how his start-ups — BlueDot and Moon Express — will help humanity and revolutionize space exploration.
American officials urged citizens to come forward before they become incriminated by the Panama Papers, reports NBC News.
The UK's "generation rent" may be priced out of home buying, but renting is also hip among another group: the super-rich, the Financial Times reports.
The number of sales and prices in posh Miami Beach fell during the first quarter, according to a new report
The lack of U.S. citizens named in the Panama Papers has left Microsoft founder Bill Gates a little incredulous.
Burberry said its second-half sales were hit by a drop in tourist spending in Continental Europe and weak demand in Hong Kong.
Former Facebook president Sean Parker announces the creation of the Parker Institute for Cancer Immunotherapy.
Meet power couple Kevin and Maggie Callahan. Under Armour paid $150 million for Kevin's app, and Maggie's latest venture is booming.
The 30-year fixed-rate mortgage is the most common way to attain homeownership. But don't assume it's your best bet.
Making your money last through retirement used to be easy. Now it's one of the biggest challenges this generation faces.
Although advisors caution against their use, annuities can be the best option for a portion of retirement savings.