Business

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'Marriage penalty' in Washington state's new millionaire tax stirs debate

'Marriage penalty' in Washington state's new millionaire...

Washington state's first-ever income tax would impose a 9.9% tax on income of more...

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David Zaslav’s WBD-Paramount deal payout highlights new 'golden parachutes' for CEOs

David Zaslav’s WBD-Paramount deal payout highlights new...

WBD CEO David Zaslav could see a payout of more than $800 million after the Paramount...

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Warner Bros. CEO David Zaslav could make $887 million from Paramount deal. Here's how

Warner Bros. CEO David Zaslav could make $887 million from...

Warner Bros. CEO David Zaslav could receive nearly $900 million in cash, stock and...

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Middle East concerns hit luxury: Here's what to know

Middle East concerns hit luxury: Here's what to know

The Middle East has been a growth engine for the luxury goods market, but the war...

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New York's wealth tax battle: Here's what to know

New York's wealth tax battle: Here's what to know

New York City will be the latest battleground in the fight to raise taxes on the...

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Luxury giants lose billions in market value amid Middle East conflict

Luxury giants lose billions in market value amid Middle...

The Iran war is rattling the global luxury industry. Stocks like LVMH and Hermès...

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Iran war wipes out $100 billion from luxury stocks

Iran war wipes out $100 billion from luxury stocks

Dubai in the UAE has been the biggest driver of growth in recent years, and the...

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Sen. Bernie Sanders holds 'tax the rich' rally: Here's what to know

Sen. Bernie Sanders holds 'tax the rich' rally: Here's...

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

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Inside the wealth management boom: Here's what to know

Inside the wealth management boom: Here's what to know

There is a $30 trillion battle raging between firms looking to manage investments...

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Why Deutsche Bank sees a 'sharp reversal' for luxury stocks if the Middle East conflict subsides

Why Deutsche Bank sees a 'sharp reversal' for luxury stocks...

A recovery in European luxury has been upended by the Iran war.

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Private jets take off to Augusta for the Masters Tournament: Here's what to know

Private jets take off to Augusta for the Masters Tournament:...

The Masters is set to tee off in Augusta, Georgia and its one of the biggest events...

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The Masters has become the biggest event of the year for private jet companies

The Masters has become the biggest event of the year for...

Private jet companies are competing for high-spending customers with lavish on-the-ground...

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LVMH sales miss expectations as luxury recovery is put on pause amid Middle East war

LVMH sales miss expectations as luxury recovery is put...

The luxury sector had shown some signs of a long-awaited recovery after a years-long...

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LVMH stock drops as analysts flag luxury recovery 'party postponed' amid Iran war

LVMH stock drops as analysts flag luxury recovery 'party...

There was a deterioration of demand in March as a result of the Middle East conflict,...

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Kering looks to double profits as it unveils ambitious turnaround plan to revive Gucci

Kering looks to double profits as it unveils ambitious...

The "ReconKering" strategy announced Thursday includes more than doubling its 2025...

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Alibaba leads $290 million investment for building a new kind of AI model as LLM limits emerge

Alibaba leads $290 million investment for building a new...

Startup Shengshu plans to use the money for a "general world model," paving the...