Business

bg
China tariff 'stacking' pushes true cost of import taxes well above 30% on many consumer products

China tariff 'stacking' pushes true cost of import taxes...

President Trump's pause on the steepest China tariffs masks the true cost many importers...

bg
House Republican budget bill calls for bigger 'pass-through' business tax break. Who could benefit

House Republican budget bill calls for bigger 'pass-through'...

The House Republicans' budget bill calls for a bigger 199A deduction for qualified...

bg
The wealthy are loading up on cash, gold and family trusts during market turmoil

The wealthy are loading up on cash, gold and family trusts...

Several top executives in wealth management said that unlike the crashes in 2020...

bg
Tax attorneys say IRS has become a 'zombie' as agency cuts staff and halts audits of the wealthy

Tax attorneys say IRS has become a 'zombie' as agency cuts...

With the IRS expected to lose about a third of its staff after firings and buyouts,...

bg
More rich Americans are opening Swiss bank accounts fearing U.S. risks

More rich Americans are opening Swiss bank accounts fearing...

Swiss banks say they have seen a surge of interest and business from high-net-worth...

bg
Cartier owner Richemont posts earnings beat as shoppers splurge on jewelry despite luxury slowdown

Cartier owner Richemont posts earnings beat as shoppers...

Cartier owner Richemont on Friday posted better-than-expected quarterly sales as...

bg
The slow death of the 'death tax': Here's what to know

The slow death of the 'death tax': Here's what to know

CNBC’s Robert Frank joins 'Squawk Box' with the latest news.

bg
Wealthy taxpayers get new breaks under House bill — along with a hidden tax hike

Wealthy taxpayers get new breaks under House bill — along...

High earners would get a series of tax cuts in the latest House plans, yet many...

bg
Wealthy taxpayers could get new breaks under House bill

Wealthy taxpayers could get new breaks under House bill

High earners would get a series of tax cuts in the latest House reconciliation plans....

bg
Here's JPMorgan's summer reading list for the wealthy for 2025

Here's JPMorgan's summer reading list for the wealthy for...

Picks include Suzy Welch's career guide, Melinda French Gates' reflections on her...

bg
Summer rentals in the Hamptons are down 30%

Summer rentals in the Hamptons are down 30%

Brokers who focus on ultra-high-end rentals are seeing an even bigger drop and say...

bg
China's EV race to the bottom leaves a few possible winners

China's EV race to the bottom leaves a few possible winners

China's electric car price war shows little sign of letting up, putting more pressure...

bg
UK finance watchdog teams up with Nvidia to let banks experiment with AI

UK finance watchdog teams up with Nvidia to let banks experiment...

The initiative is designed for financial services firms in the "discovery and experiment...

bg
Trump advisor Hassett is confident tariffs will prevail despite judges' ruling

Trump advisor Hassett is confident tariffs will prevail...

The comments follow a ruling from judges on the Court of International Trade who...

bg
German inflation eases to hotter-than-expected 2.1% in May

German inflation eases to hotter-than-expected 2.1% in...

Economists polled by Reuters had expected the German harmonized consumer price index...

bg
Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows

Inflation rate slipped to 2.1% in April, lower than expected,...

The personal consumption expenditures price index was expected to show a 2.2% annual...