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.
More Stories
Rolls-Royce opens VIP showroom in NYC to cater to its top-tier clients. Take a look inside
The Private Offices are central to the fabled British automaker's strategy of growing sales and profits from selling more customized,...
Laurene Powell Jobs is betting on these 11 AI startups
Emerson Collective has participated in AI funding rounds totaling more than $1 billion, according to data provided exclusively to CNBC...
Wealthy investors support Harris over Trump, new survey says
According to a UBS survey of investors with at least $1 million of investible assets, 57% plan to vote for...
Family offices are the most bullish they’ve been in years, survey says
Nearly half of family offices are expecting double-digit returns this year, according to Citi Private Bank's 2024 Global Family Office...
Britain’s ultra-wealthy are threatening to exit en masse ahead of proposed tax changes
Labour's plans to axe the U.K.'s non-dom tax regime could spark an ultra wealthy exodus, advisers and research bodies have...
China’s ultra-rich population sees ‘dramatic’ growth in last 10 years, outpacing the U.S., report shows
The world's super rich club saw a significant expansion over the past 10 years, with China leading the charge, a...