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Wealth

SEC delays decision on spot bitcoin exchange-traded funds

by Merchant Moller
SEC delays decision on spot bitcoin exchange-traded funds

Bitcoin. Umit Turhan Coskun | Nurphoto | Getty Images Even as the U.S. Securities and Exchange Commission delays a decision on several applications for the first spot bitcoin exchange-traded fund, …

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GOP donor Harlan Crow paid for flights

by Valentin Shriner
GOP donor Harlan Crow paid for flights

U.S. Supreme Court Justice Clarence Thomas is seen in his chambers at the U.S. Supreme Court building in Washington, U.S. June 6, 2016. Jonathan Ernst | Reuters Supreme Court Justice …

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IRS delays ‘Secure 2.0’ change for 401(k) catch-up contributions

by Merchant Moller
IRS delays ‘Secure 2.0’ change for 401(k) catch-up contributions

Terry Vine | Getty Images Higher earners who maximize retirement savings now have more time for pretax catch-up 401(k) contributions, thanks to new IRS guidance.  Currently, “catch-up contributions” allow savers …

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Should airlines weigh passengers? It’s for safety, say airlines

by Dennis chmitz
Should airlines weigh passengers? It’s for safety, say airlines

Starting Monday, passengers flying on Korean Air may be asked to step on a scale before boarding their flight. The exercise, which will last about three weeks, is required by …

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Dubai’s luxury home prices soar almost 50%: Knight Frank

by Merchant Moller
Dubai’s luxury home prices soar almost 50%: Knight Frank

High-rise tower buildings along the central Sheikh Zayed Road in Dubai on July 3, 2023. Karim Sahib | Afp | Getty Images Dubai’s luxury home prices surged by nearly 50% …

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Key tax policy issues to watch for at the first Republican debate

by Merchant Moller
Key tax policy issues to watch for at the first Republican debate

Scott Olson | Getty Images Eight candidates will take the stage for the first Republican presidential debate Wednesday night — and experts are watching closely for comments on key tax …

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Even millionaires are feeling financially insecure, report finds

by Merchant Moller
Even millionaires are feeling financially insecure, report finds

Earning a good salary is one thing, feeling “rich” is another. Even doctors, lawyers and other highly paid professionals — also referred to as the “regular rich” — who benefit …

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Ferrari CEO Benedetto Vigna says a third of new buyers are under 40

by Nevil Nickel
Ferrari CEO Benedetto Vigna says a third of new buyers are under 40

Despite a waiting list of three years for some of its cars, Ferrari’s CEO said the company has no plans to supercharge production to meet demand. “We are a brand …

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Pebble Beach Monterey Car Week: Most expensive cars sold

by Nevil Nickel
Pebble Beach Monterey Car Week: Most expensive cars sold

A 1962 Ferrari 250 GT SWB Coupe sold at auction at the 2023 Monterey Car Week. Credit: Gooding & Company A $30 million Ferrari led the parade of trophy cars …

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Chinese tourists are traveling but staying in China

by Dennis chmitz
Chinese tourists are traveling but staying in China

Are you prepared? That was the question that many in the travel industry asked following China’s surprise reopening announcement in the final days of 2022. Many assumed that a torrent …

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