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These lesser-known tax tips may help college-bound families

Created: Tue, 06 Jun 2023 13:34:05 GMT

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College is a major expense for many families, but a payment strategy can provide significant tax savings, according to a college funding expert.

Swimply, the rental company of home pools, adds pickleball courts to its offerings

Created: Tue, 06 Jun 2023 12:00:01 GMT

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Swimply is expanding beyond offering rentals of private pools to include pickleball courts as demand for space grows along with the sport.

Universal basic income of nearly $2,000 a month to be trialed in England for the first time

Created: Mon, 05 Jun 2023 14:37:49 GMT

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Plans for a universal basic income trial have just been published in the U.K., and could see people receive no-strings-attached cash for the next two years.

Borrowers brace for student loan bills to resume — '$600 a month, where is that going to come from?'

Created: Mon, 05 Jun 2023 19:48:24 GMT

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The more than three-year-long pause on federal student loan payments is slated to finally conclude within months. Consumer advocates and borrowers are worried.

Barack Obama shares his No. 1 piece of advice for his own daughters: Don't let your hunger for success ruin your happiness

Created: Sat, 03 Jun 2023 13:00:01 GMT

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Having a successful career is important to most people, but it shouldn't be a substitute for family and friendship, says former U.S. president Barack Obama.

Why wealthy Americans love UBS, the secretive Swiss banking giant

Created: Fri, 02 Jun 2023 15:58:59 GMT

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UBS's wealth management division has attracted wealthy foreign clients, due in part to strong Swiss secrecy laws.

How UBS became Switzerland's mega bank

Created: Fri, 02 Jun 2023 15:49:33 GMT

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UBS Group AG, with over $5 trillion in invested assets, is Switzerland's largest bank. The company has a sprawling international footprint, with over half of its wealth management assets coming from clients in the United States. Experts believe these customers are drawn to strict bank-client laws in Switzerland. In recent decades, scandals have embroiled both UBS and its latest acquisition, Credit Suisse. After regulators quickly approved of the merger, fresh litigation risks have come to light.

How to manage a big retirement risk amid health-care inflation

Created: Mon, 05 Jun 2023 14:43:18 GMT

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Retirees need to protect investments from the "sequence of returns risk." Here's how health-care inflation can make it worse.

Billionaire Tom Siebel faces tumult at C3.ai as investor lawsuit, short sellers question metrics

Created: Sat, 03 Jun 2023 17:45:24 GMT

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Tom Siebel, who became a billionaire after selling Siebel Systems to Oracle in 2006, now faces a investor lawsuit and short sellers at AI software vendor C3.ai.

When to teach kids about money, according to the experts — and how to do it

Created: Tue, 06 Jun 2023 09:34:25 GMT

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Knowing when to start teaching to kids about money and identifying what money skills they need can be tricky, but experts say it is crucial for their futures.

Here's how to buy Treasury bills as yields top 5%

Created: Thu, 01 Jun 2023 19:31:06 GMT

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Treasury bill yields have climbed over the past few months and currently top 5%. Here's what investors need to know before purchasing.

A new report shows the health of luxury real estate

Created: Thu, 01 Jun 2023 15:49:59 GMT

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CNBC's Robert Frank reports on the health of luxury real estate.

High net worth investors hold record cash

Created: Thu, 01 Jun 2023 15:01:26 GMT

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CNBC's Robert Frank explains why wealthy investors are in a wealth preservation mode.

Elon Musk is the world's richest person again

Created: Thu, 01 Jun 2023 05:13:19 GMT

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Tesla CEO Elon Musk is the world's richest person again, after shares of the U.S. electric carmaker rose 26% in the past month.

New study pegs the median age of the world's billionaires at 67

Created: Wed, 31 May 2023 12:00:01 GMT

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While tech wunderkinds and music and sports celebrities may get the most attention, the world's billionaires are largely aging entrepreneurs.

Proposed debt ceiling deal would cut part of $80 billion IRS funding

Created: Tue, 30 May 2023 18:57:06 GMT

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The proposed debt ceiling deal may include up to $21.4 billion in IRS budget cuts. Here's what it means for taxpayers.

The biggest money mistakes that could change your future — and how to get ahead of them right now

Created: Mon, 29 May 2023 03:38:53 GMT

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Financial experts share their tips on how to reverse and prevent money mistakes — both big and small.

Mark Cuban says Twitter's new algorithms are designed to help one man only: Elon Musk

Created: Sat, 27 May 2023 13:30:01 GMT

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Elon Musk responds to Mark Cuban's frustrations about Twitter's algorithm, but the spat isn't over. Now Cuban is raising a new issue about the timeline.

3 investing tips as the federal debt ceiling 'X-date' approaches

Created: Tue, 30 May 2023 00:23:12 GMT

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Many investors are bracing for economic fallout as the federal debt ceiling "X-date" deadline approaches. Here's how to invest, according to advisors.

30-year-old started his business with a website, sewing kit and Pizza Hut salary—now he's a billionaire

Created: Fri, 26 May 2023 14:33:43 GMT

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When Ben Francis co-launched Gymshark from his parents' garage, he was 19, worked for Pizza Hut and didn't know how to sew. Here's how he became a billionaire.

China's gambling hub opens $2 billion resort with a giant copy of London's Big Ben

Created: Tue, 30 May 2023 21:30:25 GMT

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Macao — often referred to as the Las Vegas of Asia — has added yet another luxury casino resort to the Cotai Strip. And this time it's a British-themed one.

China's travel recovery gets more attention, but India's outbound market is 'booming' even faster

Created: Fri, 26 May 2023 00:38:42 GMT

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India's outbound travel market is growing much faster than any other outbound market in the world, according to Agoda's CEO, Omri Morgenshtern.

How one family turned a job loss into an opportunity to sail the world

Created: Thu, 25 May 2023 23:30:01 GMT

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For Lisa Terauchi-D'Rozario and her family, change was abrupt. Within a year of her husband losing his job, her family was sailing the Mediterranean full time.

Luxury brands are moderating 'but off a very high base', says Telsey Advisory Group's Dana Telsey

Created: Thu, 25 May 2023 21:38:29 GMT

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Dana Telsey, Telsey Advisory Group CEO, joins 'Closing Bell Overtime' to discuss the state of retail and luxury consumer trends that may not be telling the full story.

When couples say they broke up over money, it's not the real reason, therapist says. Here's what is

Created: Tue, 30 May 2023 00:22:16 GMT

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Psychoanalyst Orna Guralnik said money is one of the biggest stressors on relationships. But she sees a way forward for couples fighting about their finances.

Young adults are taking longer to reach 'key life milestones' impacting finances later, analysis shows

Created: Wed, 24 May 2023 18:21:14 GMT

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In terms of finances, young adults are taking longer to reach "key life milestones," compared to four decades ago, according to a Pew Research Center analysis.

Why Barbara Corcoran doesn't save money — and how it's made her rich

Created: Wed, 24 May 2023 17:01:56 GMT

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Entrepreneur and "Shark Tank" investor Barbara Corcoran doesn't believe in saving her dollars. She abides by the care-free money philosophy learned from her mother: Spend it!

Airbnb CEO shares the best advice he's ever received—it's 'counterintuitive to almost everything everyone says’

Created: Wed, 24 May 2023 12:30:01 GMT

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Airbnb CEO Brian Chesky says the best and worst pieces of advice he's ever received both came from Y Combinator co-founder Paul Graham.

Consumers are stressed at every level, says fmr. Toys "R" Us CEO Gerald Storch

Created: Wed, 24 May 2023 00:36:11 GMT

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Danielle DiMartino Booth, QI Research CEO, Gerald Storch, Storch Advisors CEO, and Jan Kniffen, J. Rogers Kniffen WWE CEO, join 'Last Call' to discuss the recent stock slides in luxury retail, the state of the high-end consumer, and more.

Watch CNBC's full interview with Danielle DiMartino Booth, Gerald Storch, and Jan Kniffen

Created: Wed, 24 May 2023 00:35:08 GMT

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