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Tag: wealth
A palatial estate in the Caribbean was listed for a whopping $200 million Sunday evening, making it the most expensive home to ever hit the market in the region and one of the priciest homes for sale in the entire world. The Terraces, as the estate is called, spans 17 acres and nine structures. It’s […]
Despite the cooling market, many homeowners made money selling their property in 2022 — and part of that windfall may be taxable. Home sellers made a $112,000 profit on the typical sale in 2022, a 21% increase from 2021, and a 78% jump from two years ago, according to ATTOM, a nationwide property database. While […]
The IRS on Friday issued federal tax guidance for millions of Americans who received state rebates or payments in 2022. The announcement came about a week after the agency had urged those taxpayers to hold off on filing while it determined if the funds are taxable on federal returns. “The IRS has determined that in […]
The U.S. News & World Report released its 13th annual ranking of the best hotels for travelers this week. The rankings, published Tuesday, are based on three factors: the number of awards received from the travel industry, a hotel’s star rating, and guest reviews from the travel website Tripadvisor. More weight was given to recipients […]
Why $1 million may not feel like enough The 4% rule is a popular guideline for retirees to determine how much money they can live on each year without fear of running out later. It suggests that retirees can safely withdraw 4% of their investments (adjusted for inflation) each year in retirement. “A million may seem […]
Ferrari CEO Benedetto Vigna poses for a photograph as Ferrari unveils a new long term strategy, in Maranello, Italy, June 15, 2022. Flavio Lo Scalzo | Reuters Ferrari on Thursday reported full-year profit up 13% year over year and guided to an even stronger year in 2023 on what its CEO called “persistently high demand” […]
Canadian Tammy Cecco wasn’t a fan of cruising. “The thought of being on a ship with thousands of other people and not being able to get off,” she said, “was something that I wanted to avoid.” That didn’t change when Cecco, a travel magazine publisher, boarded a surprise cruise booked by her husband to renew […]
© Reuters. FILE PHOTO: A general view of the Norwegian central bank, where Norway’s sovereign wealth fund is situated, in Oslo, Norway, March 6, 2018. REUTERS/Gwladys Fouche/File Photo OSLO (Reuters) -Norway’s sovereign wealth fund, one of the world’s largest investors, on Tuesday reported a record loss of 1.64 trillion crowns ($164.4 billion) for 2022, bringing […]
OSLO (Reuters) – Norway’s sovereign wealth fund, the world’s largest, said on Tuesday it has excluded China’s AviChina and India’s Bharat Electronics from its portfolio. The two were excluded due to “unacceptable risk that (the) companies are selling weapons to a state that uses these weapons in ways that constitute serious and systematic breaches of […]