The ultra-wealthy are allocating more of their money to equities and less to hedge funds and real estate, a survey found. » Read More
By: Robert Frank
Luxury watch king Richard Mille says the growth of the Apple Watch is no threat to his business. » Read More
By: Jessica Dickler
Incomes are rising for many American households, yet those gains are not shared equally across the board. » Read More
By: Ryan Browne
A Swiss financial watchdog has closed down providers of a “fake” cryptocurrency called E-Coin. » Read More
Prices and sales of beach properties in the Hamptons surged in the second quarter, with the average home selling for almost $2 million.
Jeff Bezos, the Amazon founder who started selling books from his garage 22 years ago, is the world's richest man.
Trump's tax reform plans would cut taxes for top earners, Vox reports.
The diamond industry is expected to grow in coming years on strong demand from China, India and the U.S., but there is a key hurdle ahead: millennials.
Record highs for stocks don't mean millionaires are more bullish. A new survey says stocks and the economy are likely to grind higher.
Most rich people who try to narrow inequality turn to philanthropy. But philanthropy won't fix inequality, Conversation reports.
Since their fateful meeting in 1959, Buffett and Munger turned Berkshire Hathaway into one of the world's most successful companies.
Seattle passed a new income tax on households earning more than $500,000, prompting the state's Republicans to revolt.
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.
An impending auction of Madonna’s items, including a love letter from Tupac Shakur and a pair of previously worn panties was halted by a judge.
Bitcoin miners are signaling their intent to support a new upgrade for the bitcoin blockchain that may solve its scaling issue.
Half of Chinese millionaires are considering moving overseas, and the U.S. remains their favorite destination, according to a new survey.
When staying at certain hotels, luxuries go way up—at times way over the top.
Federal prosecutors allege that MIT research scientist Fei Yan's profits came from confidential information he obtained from his wife.
New research finds Trump's tax plan would overwhelmingly help the wealthy, Vox reports.
Samsung's venture capital arm announced Wednesday it is expanding into Europe to invest in the continent's start-up scene.
Louis Vuitton recently introduced its Tambour Horizon smartwatch that runs on Google's Android Wear 2.0 software.
Gold prices are under pressure from the current "risk-on" equity environment and rising rates, but analysts expect the price to recover.
Moneyed families have hit the pause button on their estate plans, holding out for a repeal of the "death tax." Don't count on it.
Warren Buffett's investment in Canada's Home Capital Group is a mystery to this veteran forensic accountant, N.Y. Times reports.
When preparing taxes, focus on what you can control. Don't worry about any changes to tax law until they actually occur.
Hedge funds offer potential downside protection but come with drawbacks that might make investors think twice.
Insensitivity to events has been common in markets for 14 years. Why are investors indifferent to geopolitical risk?