Donations generally pick up as the holidays approach; this year could be an exception. Because of the recent tax changes, most taxpayers won’t be able to claim a deduction for their charitable contributions — and if they can get a break, most won’t get as much of a tax savings on the dollars that they

Coinbase CEO Brian Armstrong is joining the ranks of billionaires pledging to donate the majority of their wealth for the greater good. Brian Armstrong on Thursday officially signed the Giving Pledge, started by Warren Buffett and Bill Gates in 2010. Signatories are either billionaires, or would-be billionaires if it weren’t for their generosity, who pledged

For anyone who wins big in Powerball or Mega Millions, those recent federal tax cuts might not translate into a lower bill from Uncle Sam. Depending on where winners live, they could end up owing more than they would have before the Tax Cuts and Jobs Act took effect this year. While the legislation reduced

“Super cult” wineries, digitalisation and a new generation of fine wine consumers will reshape the wine industry in 2019, a leading analyst told CNBC on Wednesday. Mathieu Jullien, general manager for Europe at Wine Source, said these trends would continue to disrupt the industry next year. A growing awareness of the world’s finest wines would

Wealth managers at Swiss bank Credit Suisse have advised their high-net worth clients to think about moving assets out of the U.K. due to the uncertainty surrounding Brexit, according to a report from the Financial Times. The FT reported Tuesday that clients with a net worth of at least $30 million, known as ultra-high net

Millionaire investors say the biggest risk to their personal wealth next year is dysfunction in Washington. According to CNBC’s latest Millionaire Survey, conducted by Spectrem Group, millionaires say they generally are bullish about the economy, markets and their own fortunes next year. But they also contend that political dysfunction and government debt are looming problems

AWS CEO Andy Jassy talks about new features in Amazon’s cloud, responds to moves from rivals, and gives an assessment of how far the industry has to go in the cloud era. CNBC’s Jon Fortt brings you closer to the entrepreneurs and executives who are crafting the future in technology and beyond. Fortt Knox is

John Chen has revamped BlackBerry’s business, much as he did with Sybase before. He’s a longtime enterprise technology CEO and serves on Disney’s board. This was the first time we’ve spoken about what he had to go through to succeed — and the road wasn’t easy. Fortt Knox is a weekly podcast from CNBC anchor

Panera had a problem. At lunchtime, customers were mobbing the counters to order their food and pick it up, causing chaos. It was frustrating for everyone involved, and management knew that it was probably costing the company sales. Panera turned to Blaine Hurst to lead the search for a solution. As the company’s chief technology

The more pressing crisis facing higher education in America is not the $1.5 trillion in student debt but the dismal graduation rates, Arizona State University President Michael Crow told CNBC on Thursday. “It’s a completion crisis, not a debt crisis,” Crow said in a “Squawk Box” interview. “If you finish with a little debt, you’re

Phones are getting huge. Tablets are tweeners. PCs are on the uptick. Microsoft just announced a new lineup of its Surface PCs and tablets and HP unveiled a leather laptop, so it’s a good time to ask: What’s right for you? What’s the difference between spending less than $1,000 or more than $2,000 on a

After Lance Armstrong’s fall from grace cost him millions of dollars in lost endorsements and lawsuit settlements, one thing kept him on his feet: his investment in Uber. “It’s saved our family,” Armstrong told CNBC’s Andrew Sorkin in an interview aired on Thursday. In 2009, the former pro cyclist invested $100,000 in Chris Sacca’s nascent

YouTube’s highest-earning star made $22 million in 12 months – and is only seven years old. According to a Forbes estimate published Monday, Ryan — the child star behind YouTube channel Ryan ToysReview — earned $22 million in the year to June 2018, and is one of the platform’s top “influencers” with 17.3 million followers.

Women — especially in China — are playing an increasingly big role in Asia’s luxury spending. That is a key finding of Wealth Report Asia 2018, Bank Julius Baer’s latest look into high-end consumption in the region released Tuesday. It tracks the spending habits of so-called high-net-worth individuals, which the Swiss private banking group said

If the holiday spirit is encouraging you to gift millions of dollars to family members, it’s time to start sharing the wealth. The Tax Cuts and Jobs Act increased the gift and estate tax exemption — also known as the basic exclusion amount — to $11.18 million per person in 2018, which is more than

O cannabis! Jon Fortt sits down with Danny Danko, High Times Senior Editor and Adam Bierman of Medmen Enterprises to discuss. the legalization of marijuana in Canada and the impact it will have around the globe. Fortt Knox is a weekly podcast from CNBC anchor Jon Fortt . Previous episodes of the program can be

How much is too much when it comes to screen time for kids? Jon Fortt sits down with three experts to discuss, including NPR’s lead education blogger Anya Kamenetz; social media influencer and author Katherine Ormerod; and child and adolescent psychologist Dr. Richard Freed. Fortt Knox is a weekly podcast from CNBC anchor Jon Fortt

Amazon feels the heat in niche markets. Jon Fortt speaks with Chegg CEO Dan Rosensweig on disrupting e-commerce and taking on Amazon in education. Plus — former Amazon Insider Nadia Shouraboura and Revzilla Founder Anthony Bucci on what it takes to challenge the e-commerce king. Fortt Knox is a weekly podcast from CNBC anchor Jon

Global wage growth fell to its lowest in almost a decade last year, with the U.K. seeing weaker wage growth than any other advanced G-20 nation. Published Monday, the International Labour Organization (ILO)’s Global Wage Report found that international wage growth saw a 0.6 percent decline in 2017, based on data from 136 countries. Since

Insight from retail experts and insiders ahead of the 2018 holiday shopping season including Former Saks CEO Steve Sadove; O: The Oprah Magazine Creative Director Adam Glassman; and CNBC’s Lauren Hirsch. Fortt Knox is a weekly podcast from CNBC anchor Jon Fortt . Previous episodes of the program can be found here.

Financial matters cause stress to almost everyone. Some have a healthy anxiety around money matters that helps them make smart financial decisions, while for others that stress can lead to bad financial choices. If investors really want to safeguard or drive gains with those financial portfolios, it’s key to pay attention to how stress caused

While people start out with good intentions and set their sights on meeting various financial goals, many never achieve them and instead fail miserably. Here are nine bad habits that will hinder investors from reaching their financial success. 1. Failing to plan. Lacking a financial plan means you have no focus and you can easily

The U.K.’s wealthiest man, Jim Ratcliffe, could soon hold a larger influence over North Sea oil, with his company in exclusive negotiations with ConocoPhillips for its British assets. ConocoPhillips confirmed to CNBC via email Monday that it was in talks with Ineos about the purchase of its assets, excluding the Teesside Oil Terminal and its

Consumer confidence recently rose to an 18-year high. And unemployment has reached its lowest point since 1969. That means that — recent stock market volatility aside — consumers are expected to spend more this holiday season. Americans will spend a total of $1 trillion on retail and online shopping, according to research provider eMarketer. Individuals

If you want to slash your 2018 tax bill, consider giving away some of your wealth. This year marks the first under an overhaul of the tax code — and of traditional charitable giving. The Tax Cuts and Jobs Act roughly doubled the standard deduction to $12,000 for singles and $24,000 for married couples who

Hotels from Maine to Hawaii and beyond, will offer up room deals to travelers. Some may be tied to loyalty programs, so it may be a good time to consider signing up. Maine’s Kennebunkport Resort Collection (KRC) will offer gift card bonuses on Cyber Monday. Buy a $500 gift card and receive a $100 resort

For U.S. homeowners, the bad news in 2018 has been mounting, with rates on the rise and swaths of the real estate sector turning into a buyer’s market. In some of the country’s hottest segments, price gains have cooled definitively, with prices slashed and turnover stagnating. The phenomenon has even been chronicled on Instagram by

A painting by British artist David Hockney has sold for more than $90 million — a world record price for a work by a living artist. “Portrait of an Artist (Pool with Two Figures)” was sold at auction in New York for $90,312,500, Christie’s auction house announced Friday. Bidding on the 1972 painting opened at

For the two winners who have come forward to split the $687.8 million Powerball jackpot, investing is about to take on a whole new meaning. Robert Bailey, a 67-year-old retired postal worker in New York, claimed his lump-sum share — about $125.4 million after tax withholdings — on Wednesday. The other winner, Lerynne West, a

The glut of hyperpriced mansions and luxury properties sitting on the market across the country has led sellers to turn to an unlikely solution: auctions. Real estate auctions, once used for foreclosures and distressed sellers, is moving upmarket. The number of multimillion-dollar homes being sold at auction has nearly doubled in the past year, according