New York is the richest city. Here’s who is gaining ground
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. Despite the recurring narrative of wealth flight, New York City is still the world’s richest city, and it’s gotten […]
If millions of people are stealing from Social Security, then why can’t the DOJ find any of them?
Why the ‘dead people collecting Social Security’ narrative just won’t die
Hollywood Chinese box office was in decline even before Trump tariffs
Posters of film ‘Despicable Me 4’, film ‘Stand By Me’ and film ‘A Legend’ are displayed at the entrance of a cinema on July 16, 2024 in Shanghai, China. Vcg | Visual China Group | Getty Images Hollywood is being pulled into President Donald Trump’s trade war. After Trump escalated tariffs on Chinse imports earlier […]
Real ID deadline is May 7. Here’s what to know before you fly
Homeland Security sign for REAL ID at entrance to passenger TSA security area, West Palm Beach, Florida. Lindsey Nicholson | UCG | Universal Images Group | Getty Images Travelers take note: The federal government says it will start enforcing Real ID requirements at U.S. airports starting May 7 — for real this time. That means […]
Why does Trump love those ‘beautiful’ tariffs? It didn’t start with China.
“Make America Great Again” longs for an America that can never be again.
Auto tariffs expected to cut sales by millions, cost $100 billion
Autoworkers at Nissan’s Smyrna Vehicle Assembly Plant in Tennessee, June 6, 2022. The plant employs more than 7,000 people and produces a variety of vehicles, including the Leaf EV and Rogue crossover. Michael Wayland / CNBC DETROIT — As President Donald Trump’s 25% tariffs on imported vehicles remain in effect despite a pullback this week […]
The IRS is pulling back on some audits — but not everyone can breathe a sigh of relief
With massive cuts to the IRS workforce, the question now is whether the tax collector is waving the white flag on audits.
Trump pharmaceutical tariffs may raise costs, worsen drug shortages
A pharmacist collects medications for prescriptions at a pharmacy. Simon Dawson | Bloomberg | Getty Images President Donald Trump’s planned tariffs on pharmaceuticals imported into the U.S. could have wide-ranging consequences for drugmakers and American patients, some experts told CNBC. The duties could disrupt the complex pharmaceutical supply chain, drive up the prices of drugs […]
‘The cost is a big unknown’: Should I buy a new car to avoid auto tariffs — or wait and hope that Trump suspends them too?
Trump’s 90-day pause on “reciprocal” tariffs does not extend to the 25% import tax on cars or auto parts.
Mattel, Hasbro stocks sink after Trump’s China tariffs
Toys made by Mattel, Hasbro and others are seen at a Macy’s store in New York. Staff | Reuters There’s trouble in Toyland. Toy giants Mattel and Hasbro have seen their stocks battered by President Donald Trump’s escalated trade war with China. On Friday, Mattel shares hit a new 52-week intraday low of $13.95 apiece, […]
