Tasos Katopodis | Bloomberg | Getty Images President Joe Biden wants to raise the top income-tax rate for wealthy households to 39.6%, from the current 37%, to help finance his legislative agenda. That top rate would apply to single individuals with taxable income over $452,700 and married couples filing a joint tax return with income
Wealth
When comparing different blockchains, billionaire Mark Cuban looks at a few specific characteristics before investing. “Most people look at speed and cost compared to BTC [bitcoin] or ETH [ethereum],” Cuban tells CNBC Make It. “While those things can be important, I look at blockchains as networks with development platforms via smart contracts.” Cuban is referring
Elizabeth Holmes, founder and former chief executive officer of Theranos, center, exits U.S. federal court in San Jose, California on May 6, 2021. Nina Riggio | Bloomberg | Getty Images In the case of Elizabeth Holmes apparently all publicity isn’t good publicity. Attorneys for the former Theranos CEO are citing widespread negative coverage as a
In this article RR.-GB Detail of the new Rolls-Royce Boat Tail on May 27, 2021, unveiled by Rolls-Royce CEO Torsten Muller-Otvos at the Home of Rolls-Royce in Goodwood, West Sussex, England. Jeff Spicer | Getty Images Entertainment | Getty Images Rolls-Royce Motor Cars on Thursday unveiled the Boat Tail, a luxury vehicle model it has
With two major cultural events held last weekend, the international arts scene signaled it has no intention of letting yet another year get canceled by Covid. Art Basel Hong Kong, which took place from May 19-23, marked the return of one of the world’s most venerated art fairs. The show came on the heels
“The Sakura,” a 15.8-carat purple-pink diamond set on a platinum and gold ring, sold for $29.3 million. Christie’s Hong Kong A purple-pink diamond has set a new record as the largest ever to be auctioned, selling for $29.3 million in Hong Kong. “The Sakura,” the Japanese word for cherry blossom, is a 15.8-carat purple-pink diamond
Though billionaire investor Ray Dalio, founder of the world’s largest hedge fund, Bridgewater Associates, has previously expressed concern about the future of bitcoin, he has also noted that the cryptocurrency earned his respect. Now, he reveals, “I have some bitcoin,” Dalio told CoinDesk during its 2021 Consensus conference. The interview was recorded on May 6
In this article WBA Theranos founder Elizabeth Holmes leaves the Robert F. Peckham Federal Building with her defense team in downtown San Jose, Calif., on Tuesday, May 4, 2021. MediaNews Group/The Mercury News via Getty Images | MediaNews Group | Getty Images Money may buy happiness but in the case of former Theranos CEO Elizabeth
Bob Iger, chairman and former CEO of The Walt Disney Company, is set to deliver the commencement address at The University of Texas at Austin on Saturday. “Bob Iger’s stellar career and visionary leadership have the capacity to inspire and teach us all,” Jay Hartzell, president of The University for Texas at Austin said in a press
Vaccinated and unvaccinated Americans have different attitudes about the idea of traveling this spring, according to the findings from a marketing technology company. And they’re not different in the way you might assume. With travel bookings surging, data from New York-based Zeta Global indicates that unvaccinated Americans appear more comfortable traveling — and to more
Wheels Up is a new airline travel company co-founded by Bill Allard who stands in front of a new Beechcraft 350i King Air turbojet plane with only 30 hours on it. John Tlumacki | The Boston Globe | Getty Images Private jet company Wheels Up reported a 68% jump in first-quarter revenue and 56% increase
What’s a trip to Italy without exploring the vaulted passages of the Colosseum, skipping down the Spanish Steps and staring up in wonderous rapture at the Vatican’s Sistine Chapel? “Absolutely relaxing,” said Margherita Migliorini of Villa di Capannole, a luxury accommodation in the Tuscan countryside. Her family has owned the villa — which used to
It’s taken Elon Musk decades to amass his more than $160 billion fortune. But a new online game lets you try to spend it all in under 30 seconds. The game, called “Spending Elon’s Money,” is available to play for free on the website of Leasing Options, a British car rental company. Players start with
Before Vitalik Buterin co-created Ethereum, he first learned about bitcoin in 2011, when he was 17 years old. Initially he dismissed it, but Buterin eventually connected with the idea of bitcoin after a second look, he told Wired in 2016. Like many bitcoin evangelists, Buterin, a Russian-Canadian programmer, was curious about the decentralized payment system.
Radnor, Pa.: One last chance for mom to take care of this Villanova University graduate before the schools’ 178th Commencement Friday May 14, 2021 at Villanova Stadium. MediaNews Group/Daily Times via Getty Images | MediaNews Group | Getty Images Getting a college degree is often thought to open doors to higher levels of income and
MARK RALSTON | AFP | Getty Images There’s a pretty good chance — okay, an overwhelming chance — that you won’t win the $475 million Mega Millions jackpot. Then again, someone at some point has to win. And, there’s generally no harm in daydreaming. “Buying a Mega Millions ticket gives our players ‘permission to dream’
Michael Jordan and Kobe Bryant are two of the greatest shooting guards in NBA history. On Saturday, Jordan introduced Bryant’s widow, Vanessa Bryant, at Kobe Bryant’s posthumous Hall of Fame induction. “Thank you for being here. Kobe admired you,” Vanessa said to Jordan. Jordan and Bryant were constantly compared by commentators and they were great
The cryptocurrency dogecoin’s value has surged over the past few months thanks to the alignment of several important factors, including extra capital from stimulus checks, the popularity of free-trading apps like Robinhood and the backing of billionaire SpaceX and Tesla CEO Elon Musk. But one reason has been understated in media reports, Billy Markus, the
Samuel Corum/Bloomberg via Getty Images There’s still time to make health savings account contributions for 2020. Those with high-deductible health plans have until the extended tax-filing deadline, May 17, to make HSA contributions for 2020. Self-only plans allow deposits of up to $3,550, while those with family coverage may save as much as $7,100. This
Kevin O’Leary is bullish on the future of NFTs, or nonfungible tokens. “I haven’t bought any yet. I’m waiting to see when the volatility of the pricing changes,” O’Leary, chairman of O’Shares ETFs, told CNBC Make It in April. But “this has legs. It’s going to work.” NFTs are unique digital assets that are represented