My husband and I are in our 50s — and 85% invested in stocks. Is our strategy too aggressive for the next 10 years?
“Our funds and our tech stocks have done well over the years.”
Bank stocks pop after Fed releases ‘easier’ 2025 stress test
Jane Fraser, CEO of Citi, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. Patrick T. Fallon | AFP | Getty Images Bank shares rose Thursday after the Federal Reserve released parameters for its annual industry stress test showing smaller hypothetical shocks to the U.S. economy than in previous […]
E.l.f. Beauty CEO ‘relieved’ levies are only 10%
The New York Stock Exchange welcomes E.l.f. Beauty on March 18, 2024, to celebrate its 20th anniversary of founding. The CEO of E.l.f. Beauty, which manufactures about 80% of its cosmetics in China, told CNBC on Thursday that it was “relieved” the new tariff on Chinese imports is only 10%. The retailer isn’t sure yet […]
Who gets to rebuild? Los Angeles fires expose the weakness of U.S. home insurance.
Americans are being forced to reckon with the ‘new normal’ of climate change. Now what?
Ferrari-inspired mansion breaks local record in Delray Beach, Florida
A Ferrari-inspired mansion known as Casa Maranello in Delray Beach, Florida, shattered a local record last week when it traded for $50.5 million. Not only was the megadeal the biggest the area has ever seen, but it was also one of the most unusual: The sale included a mansion swap, bespoke furniture, elaborate chandeliers, art, […]
‘I’ve been named sole heir’: My father, 92, is a Korean War veteran and stays out until dawn playing poker. What can I do?
“The family is mortgaged, likely for more than it is currently worth, to cover Dad’s back taxes and credit-card and gambling debts.”
The top lawyers for the wealthy’s most complicated divorces
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Last week, Dan Rottenstreich’s law firm got an unusual case. A woman came to the firm asking for representation in her […]
Yes, your Super Bowl winnings on Kalshi are taxable — just like your win on Trump’s election victory
Prediction-market winnings are taxable income, even if platforms don’t send a notice reporting the money to the recipient and the IRS.
Skinny jeans are making a comeback
The vilified linchpin of millennial and Y2K fashion – the skinny jean – might be on its way to a comeback. Over the last few months, a range of skinny styles, including pants and jeans, have cropped up on fashion runways, influencer videos and Google search trends, indicating the divisive garment could soon be a […]
Companies holding the line, working behind the scenes
President Donald Trump speaks during a press conference at the White House in Washington, D.C., Jan. 30, 2025. Xinhua News Agency | Xinhua News Agency | Getty Images There’s a delicate balance playing out at corporations across America. As the Trump administration targets diversity, equity and inclusion initiatives, many prominent companies have publicly scaled back […]
