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2 mins read
Here's how it will hurt Pakistan to be blacklisted for failing to curb terror financing
Pakistan may be in trouble as the Asia-Pacific group — an anti-money laundering watchdog — might bl…
3 mins read
Big-money donors are slamming Ivy League universities and pulling funding over their responses to the Israel-Hamas war
The former Utah governor Jon Huntsman Jr. and former Victoria's Secret CEO Les Wexner are among the…
Sarah Jackson
1 min read
MEET THE LAUDERS: The Cosmetics Tycoons Who Just Gave Away A Billion Dollars In Art
Her shrewd sales tactics and corporate strategy have kept the Lauders on top for over seven decades…
Megan Willett
2 mins read
There's A Massive Tax Break Behind Estee Lauder Heir's $1 Billion Art Donation
For example, it's no coincidence that Ronald's cable television network, CME Enterprises, maintains…
Mandi Woodruff
2 mins read
Bizarre conspiracy theories are swirling about the most expensive popular skin cream - and one about Estee Lauder hiring a psychic to contact the dead inventor is true
"An ex-boss of mine was giving me grief: 'You made me sound like a kooky person!' But it is true. W…
Ashley Lutz
2 mins read
Sallie Krawcheck Is Running Money Again
Some of the companies the mutual fund is investing in include Pepsi, Lockheed Martin, Procter &…
Julia La Roche
1 min read
I toured a luxury trailer park in the Hamptons where people spend 'silly money' on tiny, million-dollar trailers by the ocean. Take a look inside one of New York's best-kept secrets.
In fact, as Jennifer Gould Keil reported for the New York Post in 2017, big players who have called…
Libertina Brandt
3 mins read
China's luxury slump is trickling down to other consumer companies
Companies like Starbucks, Nike, and Estée Lauder have reported falling sales in China as weak consu…
Madeline Berg,Huileng Tan
5 mins read
Young Chinese are looking for dupes and cheaper substitutes for everything from Hermès to travel
The trend comes as China faces a prolonged economic slump following its exit from pandemic lockdown…
Huileng Tan,Matthew Loh
3 mins read
Billionaire Columbia donor Leon Cooperman slams student protesters
During a CNBC interview, Cooperman, a billionaire Columbia donor, weighed in on the protests and un…
Madeline Berg
2 mins read
45 American families are worth more than $10 billion and the wealthiest one is even richer than Elon Musk
Walton, Mars, Koch, Pritzker, Hearst, and Marriott are just some of the famous names on Forbes' lis…
Theron Mohamed
3 mins read
Penn president Elizabeth Magill resigns after a week of intense backlash
Penn president Elizabeth Magill faced calls to resign from donors and the board of Wharton, Penn's …
Madeline Berg
3 mins read
Billionaire donors are loudly boycotting Ivy Leagues. It may not hurt the schools as much as you think.
Billionaires have made headlines for cutting funding to Harvard and the University of Pennsylvania …
Madeline Berg
4 mins read
A Rare Beauty sale could make Selena Gomez the next celebrity beauty billionaire
Selena Gomez is reportedly exploring a sale of Rare Beauty. That could make her a billionaire, like…
Madeline Berg
2 mins read
Business leaders slam Harvard, Penn, and MIT leadership following congressional hearing
The presidents of Harvard, Penn, and MIT are facing mounting criticism from business leaders follow…
Madeline Berg
3 mins read
Walmart's corporate employees are getting a generative AI assistant while Amazon and Apple are restricting AI in the workplace
Walmart's generative AI "assistant" expands upon the company's efforts to integrate AI across its b…
Grace Mayer,Aaron Mok
3 mins read
The 'lipstick index' says people buy more makeup when times get tough. Here's where it comes from — and whether it can really predict a recession.
If you've started to treat yourself to little luxuries, despite how expensive everything is right n…
Avery Hartmans
2 mins read
Trump became fixated on buying Greenland after a billionaire cosmetics heir friend suggested the idea, book says
"I love maps," Trump told the authors. "And I always said: 'Look at the size of this. It's massive.…
Grace Panetta
3 mins read
The 'lipstick index' strikes again: Beauty shoppers are still spending big, even as US consumers dial back on everything else
Consumers are spending more on beauty, with over a third of shoppers saying they spent over $500 on…
Avery Hartmans,Dominick Reuter
2 mins read
The 10 wealthiest American families saw their wealth increase by $136 billion during the pandemic
America's 10 wealthiest billionaire families saw their median wealth grow by 25% in 2020, per a rep…