Wealth

For people staying safely at home this holiday season, new virtual tours let anyone with an internet connection tour famous Christmas destinations around the world.    Homebound travelers can book live interactive tours with local guides to learn about everything from the religious sites of Jerusalem to the department store displays of New York City.
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After months of anticipation, Congress passed a $900 billion coronavirus relief package on Monday, which includes a $600 stimulus check for individuals earning up to $75,000 and couples earning $150,000 – down from the $1,200 distributed in the first round as a result of the Coronavirus Aid, Relief, and Economic Security, or CARES, Act. The bill also provides an
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Growing up Tim Ferriss suffered from “terrible insomnia,” and would watch infomercials until 2 or 3 a.m., the author and tech investor said on a recent episode of the NPR podcast “How I Built This” hosted by Guy Roz. In the 1980s, infomercials selling products or services ran during off-peak television-viewing hours, often in the
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America’s millionaires are betting on a strong stock market next year, with many expecting double-digit gains, according to the CNBC Millionaire Survey. Seven in 10 expect the S&P 500 will be up at least 5% next year and nearly a third of those polled expect gains of at least 10%, according to the survey of
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The year 2020 was a difficult one financially for many people around the world, with the global coronavirus pandemic wreaking havoc on countless businesses and roughly 19 million Americans currently collecting unemployment benefits. But for some of the weatlhy, it’s a very different story. During 2020, Amazon’s sales have spiked, as social distancing restrictions forced
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Bernd Vogel | Getty Images America’s millionaires are bracing for a tax hike next year, despite predictions of Washington gridlock and a Republican-led Senate, according to the CNBC Millionaire Survey. Nearly two-thirds of millionaires say taxes will go up under a Biden administration, according to the survey, which questioned 750 people with investible assets of
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Window shoppers view holiday decorations at the Williams & Sons Country Store in Stockbridge, Massachusetts, on Dec. 13, 2020. Joseph Prezioso | AFP | Getty Images While the Covid crisis has boosted the wealth of many of the richest Americans, it has made some reconsider their holiday spending. Nearly a quarter of millionaires surveyed for
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­­­­­­­­­­­­­­­­­­­New preflight testing programs are allowing a small number of Americans to have a European Christmas holiday this year after all. On Tuesday, Delta Air Lines launched a Covid-19 testing program for customers flying from Atlanta to Amsterdam, while a second program is scheduled to start on Saturday for Delta passengers flying to Rome. Unlike
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Although bitcoin has tripled in value this year, billionaire Mark Cuban remains cautious about the cryptocurrency, as he has been for years. “My thoughts haven’t changed,” Cuban told Forbes of the cryptocurrency on Dec. 8 — eight days before bitcoin hit a record high of $20,600 on Wednesday — for a story published Thursday. Bitcoin,
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The coronavirus pandemic has made some of the richest people in the world richer, and one of those people is MacKenzie Scott, the ex-wife of Amazon boss Jeff Bezos. When the couple divorced in 2019, Bezos transferred 25% of his Amazon stock holdings to Scott. At the time, that left her with a net worth
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When a Covid-19 outbreak emerged at one of Rob Katz’s Colorado ski resorts in March, he knew it was going to be a game changer. “It was a defining moment,” the Vail Resorts CEO told CNBC. “I immediately felt a different level of responsibility.” That was true not only for the mountain holiday operator’s 34
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India’s entrepreneurs have a unique opportunity to shape the future of technology, not only within their own country but across the globe, according to the billionaire founder of one of the country’s most successful start-ups. Vijay Shekhar Sharma, CEO of financial technology company Paytm, said accelerating internet adoption under the pandemic has increased the need
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In order to help Americans affected by the Covid-19 pandemic, self-made billionaire Mark Cuban thinks that the government should send checks directly to Americans in need rather than providing additional funding to financial assistance programs, such as the Supplemental Nutrition Assistance Program, known as SNAP. It’s a controversial opinion that Cuban — who has also
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