CNBC’s Robert Frank joins ‘Squawk on the Street’ to discuss a new investment from LVMH in private jet company Flexjet.
Author: admin@finance
Burberry shares pop 8% as British heritage pivot lures back U.S. shoppers
Burberry sales rose in the Americas in the fiscal first quarter, indicating green shoots in the embattled luxury brand’s overhaul plans.
New York City braces for wealth flight with Mamdani’s political rise
Zohran Mamdani’s primary win in New York City’s mayoral race and proposal to raise taxes on millionaires have touched off fears of a new wave of wealth flight.
Yen rebound subdues Japan luxury splurge at Cartier-owner Richemont
The Swiss luxury group’s Japan sales declined 15% year-on-year in the fiscal first-quarter, even as wider group sales rose.
What Pres. Trump’s new tax law means for your wallet
President Trump signed a new federal budget into law on July 4th, making changes to how education will be funded, university endowment tax rules, state and local tax deduction limits, charitable giving taxation rules and more. Some argue the new spending measure will add $3 trillion to the federal budget over the next 9 years.… Continue reading What Pres. Trump’s new tax law means for your wallet
Tax cuts for private jet buyers expected to lead to surge in sales
The tax benefit, which revives a provision of the 2017 tax cuts, only applies to business jets, not jets used for personal use.
‘Big beautiful bill’ changes the tax code on charitable giving: Here’s what to know
CNBC’s Robert Frank reports on the tax changes for charitable giving.
Changes to bonus depreciation: Here’s what taxpayers need to know
CNBC’s Robert Frank reports on recent provisions to bonus depreciation.
Trump spending bill to quadruple the tax on university endowments
CNBC’s Robert Frank reports on news regarding university endowments.
Tired of paying more for less, shoppers take to TikTok to call out companies for ‘shrinkflation’
Companies are reducing the contents of their packaging. How has ‘shrinkflation’ impacted young folks and are there ways to overcome it? CNBC Make It finds out.