Wealth

You might admire Bill Gates’ workhorse mentality or Elon Musk’s brazen attitude and ideas, but also feel conflicted about wealth inequality. Now, psychologists and marketing experts can explain that disconnect. The Ohio State University and Cornell University published new research on Monday showing why people tend to admire individual billionaires, but dislike the socioeconomic class
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Rupert Murdoch Drew Angerer | Bloomberg | Getty Images SAN JOSE, CALIF. — Theranos sent binders claiming the healthcare company had “the highest levels of accuracy” to high-profile investors, including billionaire Rupert Murdoch, according to court testimony on Tuesday. Elizabeth Holmes once had some of the most powerful business leaders in America backing her start-up,
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10’000 Hours | DigitalVision | Getty Images As Congress wrangles over many proposals within the Build Back Better reconciliation bill, one section holds the promise of addressing the anxiety millions of American workers, retirees and their families feel about their retirement security. To that point, Congress needs to focus on the retirement provisions included in
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Elizabeth Holmes, founder of Theranos Inc., arrives at federal court in San Jose, California, on Wednesday, Oct. 6, 2021. David Paul Morris | Bloomberg | Getty Images SAN JOSE, CALIF. — As Theranos’ troubles were mounting in 2014, the blood-testing start-up hired a dermatologist with no board certification in laboratory science or pathology to become
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Zoom In IconArrows pointing outwards Perrier Jouet 1874 Source: Christie’s WASHINGTON – An exceptionally rare bottle of Champagne is headed to auction. Christie’s London will auction a collection of vintage Champagne from Perrier-Jouet on Dec. 2 and 3. Among the cuvees stands an 1874 vintage of Perrier-Jouet Brut Millesime that is expected to fetch up
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Christian travelers visit Jerusalem to retrace Jesus’ final footsteps along the Via Dolorosa, Muslims to revere the Dome of the Rock, and Jewish people to insert written prayers into the cracks of the Western Wall. Some people do all three. Come December, travelers will have a new option available to them when visiting Jerusalem. They
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In Amazon’s early days, Jeff Bezos didn’t pay much heed to his critics. Decades later, he seems ready to finally call them out. Bezos, the world’s second-richest person, took to Twitter over the weekend to offer his advice on accepting criticism without letting it deter you. On Sunday, Bezos unearthed a 22-year-old cover story from
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Ariel Skelley A popular retirement savings tactic is on the chopping block in Congress, and investors are eyeing the strategy before it disappears. But there are other things to consider before making changes, financial experts say.   Currently, investors can skirt the income limits for a Roth individual retirement account by using a so-called backdoor maneuver. 
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Former Theranos CEO Elizabeth Holmes arrives for a hearing at a federal court in San Jose, California, July 17, 2019. Stephen Lam | Reuters SAN JOSE, CALIF. — Former Safeway CEO Steve Burd on Wednesday testified in the Elizabeth Holmes criminal fraud trial, saying repeated delays with Theranos’ blood-testing machine raised red flags about his
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