Ultra-rich families spend more on private investment firms as fortunes rise

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Anciens Huang | Moment | Getty Images 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. As the world’s wealthiest pad their fortunes, they are spending more to run their private investment […]


Trump economist expects ‘massive’ tax refunds, predicts families will save thousands

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A leading contender to become President Trump’s next Federal Reserve chair said the administration expects larger tax refunds and higher take-home pay next year, as many Americans continue to express concerns about affordability. “We are going to see the biggest refund cycle ever in the history of America, and people are going to get massive […]