South_agency | E+ | Getty Images For older Americans, financial fraud can be a very costly mishap. Last year, scams reported to the Federal Trade Commission by adults age 60 and older reached $2.4 billion, up 26.3% from $1.9 billion in 2023 and 300% from $600 million in 2020, according to the FTC’s annual report…
Art Basel Miami Beach racked up strong sales and attendance last week, as the art market rode a wave of renewed confidence following the strong November auctions in New York. More than 80,000 collectors and art fans poured into the Miami Convention Center for the annual art show, with several works selling for over $1…
Rob Walton, left, Walmart retired chairman of the board, and Walmart board member Steuart Walton listen at the Walmart annual formal business and shareholders meeting in Rogers, Arkansas, on May 30, 2018. Walmart shareholders from around the world can attend meetings throughout the week. Rick T. Wilking | Getty Images A version of this article…
Halfpoint Images | Moment | Getty Images Millions of student loan borrowers whose payments are paused may soon have to start paying, under a Trump administration proposed settlement announced this week. Experts say the timeline could be short, and borrowers need to start planning. The agreement centers on borrowers who signed up for the Biden…
Construction company Alquist 3D worked with Walmart last year to build a nearly 8,000-square-foot 3D printed addition to its store in Athens, Tennessee. Alquist A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to…
President Donald Trump‘s approval rating has been slipping as Americans sour on his handling of the economy. Is it one more divide between Wall Street and Main Street with stocks still sitting near record highs and corporate profits strong? Not exactly, according to the results of the latest CNBC CFO Council Survey. The C-suite and…
Wall Street sign in New York with American flag and Christmas tree lights in the background. Mwelsh | Istock | Getty Images Rising stock markets, a return of merger activity and flowing inheritances helped create 287 new billionaires this year, bringing the global total to over 2,900, according to a new report. Billionaire wealth reached…
Cravetiger | Moment | Getty Images Nearly all 401(k) plans now allow for workers to save money in Roth accounts, after legislative changes led adoption to jump significantly in recent years. A Roth account is funded with after-tax money. Savers pay income tax up front on their 401(k) contributions but don’t pay tax when they…
Kate_sept2004 | E+ | Getty Images As 2025 winds down, many financial advisors are preparing for 2026, which will bring key changes to saving for retirement in 401(k) plans. Among those shifts are contribution limit updates and a major tax change for certain investors, which could affect long-term planning. “The most impactful change for next…
Fizkes | Istock | Getty Images Divorce always raises thorny questions of how to divide marital property. In most cases, the remedy is pretty straightforward, requiring a surgical split between the two parties’ assets — although you can’t do that with the family dog or aquarium. But if you thought deciding who gets the dog…
