Top five tax changes for the wealthy

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A view of the US Capitol in Washington, DC, on June 30, 2025. Jim Watson | Afp | Getty Images The wealthy will likely see a host of new tax breaks in President Donald Trump’s “big beautiful bill,” along with permanent extensions of many of the 2017 tax cuts, according to tax experts. Taxpayers earning […]


Trump says he has group of ‘very wealthy people’ to buy TikTok, predicts China will approve deal

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WASHINGTON — President Trump said in a Fox News interview broadcast on Sunday that he had found a buyer for the TikTok short-video app, which he described as a group of “very wealthy people” whose identities he will reveal in about two weeks. Trump made the remarks in an interview on Fox News’ “Sunday Morning […]


NYC paying the price as the wealthy, financial institutions flock to South Florida

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South Florida has bloomed as America’s new capital for capital. Some of the region’s leading developers and city leaders make the argument that the trend is permanent and practical as New York City lost billions of dollars in income to the region. “We as a company, as a family, want to be known for not only […]


Trump ‘gold card’ visa comes with a hidden tax break for the wealthy

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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. President Donald Trump’s proposed $5 million “gold card” for U.S. residency would be one the most expensive in the world, according […]


Walmart earnings: Wealthy shoppers boost sales

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Shoppers at a Walmart store in Secaucus, New Jersey, U.S., in March 2024. Gabby Jones | Bloomberg | Getty Images Walmart is known for its low prices and no frills approach. So it may come as a surprise that wealthier shoppers are helping to fuel the retailer’s growth. For more than two years, the discounter […]