Millionaire Tax Plan in Washington State Marks Growing Interest in Wealth Levies
When Washington Governor Bob Ferguson proposed the state’s first income tax in modern history, he said the word “affordability” five times.
When Washington Governor Bob Ferguson proposed the state’s first income tax in modern history, he said the word “affordability” five times.
Mortgage rates in the US ticked lower for a second straight week.
Private-credit investments are growing increasingly risky in Australia due to their heavy weighting toward the property sector, some of the nation’s biggest funds say.
Years before his death, Jeffrey Epstein appointed Jes Staley, a former top executive at JPMorgan Chase & Co. and Barclays Plc, as one of the executors of his will, according to new files released by the US Justice Department.
Soaring valuations are fueling a rush of newcomers into private assets.
Larry Ellison has built the world’s third-largest fortune by holding tight to his Oracle Corp. stock, rarely selling his shares and instead relying on loans to fund billions in investments and lifestyle expenses.
Keir Starmer’s Labour government has raised the threshold for inheritance tax on agricultural property from £1 million ($1.4 million) to £2.5 million, a major concession in a long-running battle with British farmers.
Ken Griffin’s Citadel will return about $5 billion of profits earned this year, bringing its assets under management to $67 billion, according to a person familiar with the matter.
A Liechtenstein court said billionaire Zygmunt Solorz must hand over his Polish media empire to his three children, dismissing his appeal to block the succession in the latest chapter of a feud roiling the family business.
The stars seemed aligned for a breakout in digital assets as the year began. President Donald Trump, buoyed by millions in campaign support from the crypto industry, was promising a friendlier regulatory regime. Top financial firms were finally embracing the sector.