The world’s largest sovereign wealth fund loses $174 billion in the first half, cites inflation and war in Europe
The $1.3 trillion fund returned a negative 14.4% during the period, as stocks and bonds reacted violently to global recession fears and skyrocketing inflation.
Yellen: These are the 4 top priorities for the nearly $80 billion in IRS funding
Treasury Secretary Janet Yellen has outlined four priorities for the $80 billion in IRS funding and requested a plan within six months.
‘Company loyalty will make you poor’: Early retiree credits his $1 million net worth to these 7 ‘unpopular opinions’
Self-made millionaire Steve Adcock retired early in his mid-30s. He got rich the old-fashioned way, by working a 9-to-5 and saving and investing wisely. He...
The 5 most expensive cars up for sale at Pebble Beach this weekend
Auction sales at the Monterey Car Week are expected to total between $300 million and $490 million.
What to know about adding a ‘green’ investment fund to your portfolio, now that Biden signed historic climate bill
President Joe Biden signed the Inflation Reduction Act, a historic climate measure. Here's how investors can buy funds with an environmental focus.
Look beyond Barcelona. Here’s where locals travel in Spain
From beaches with crystal clear water to new luxury hotels in Madrid, Spanish residents tell CNBC where they love to go.
Ultra-rich fueling sales of luxury brands despite inflation and recession fears
High-end luxury brands are reporting strong sales even as retailers catering to more mainstream customers cite a pullback in consumer spending.
There’s a new 1% tax on stock buybacks — here’s what it means for your portfolio
President Joe Biden's new 1% excise tax on corporate stock buybacks adds a new levy to the controversial practice. Here's how it may affect investors.
Crypto exchange Binance obtains preliminary approval to operate in Kazakhstan
Binance, the world’s leading cryptocurrency exchange, has won another battle in its quest for global dominance. The cryptocurrency exchange announced via a blog post on Monday,...