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Inside Wealth: Trump's 'big beautiful bill' has a 'double taxation' trap for top earners, tax lawyers say
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The "one big beautiful bill" came with many tax benefits for top earners, despite limiting how much they can deduct.
Family offices bet on sports, from pickleball leagues to smart soccer balls
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Last month, investment firms of the ultra wealthy went all-in on sports and played on multiple fronts.
Soaring stocks created 2 million new millionaires around the world last year
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Soaring stock markets created nearly 2 million new millionaires around the world last year, with the ultra rich seeing the strongest growth, according to a new study.
Ajith Kumar’s massive net worth, luxury car collection
Ajith Kumar is one of the biggest names in Tamil cinema and has earned admiration through his films, racing passion and simple lifestyle. Over the years the actor has built a loyal fan following and recently he made his comeback through the actioner Born on May 1, 1971, in Secunderabad, Telangana, Ajith's early life was far removed from the glamour associated with the film industry.
India's growth story faces its toughest test yet in Modi’s third term
In his 12th year as Prime Minister, Narendra Modi continues to be popular in India — but the world's fastest-growing major economy is no longer so popular among global investors. India's growing reputation as an anti-artificial intelligence trade, combined with the economic strain of the prolonged conflict in the Middle East on the Indian economy, is leading to a record exodus of foreign investors from the country, experts said. "India is no longer the obvious, one-way growth story investors...
Anthropic publishes 10,000 word paper suggesting AI can be more dangerous than job cuts
Anthropic spent most of 2026 warning the world that AI was coming for white-collar jobs. CEO Dario Amodei said it at Davos, in essays, at the India AI Impact Summit, and on most podcasts that would have him. Unemployment could hit 10 to 20% inside five years.
The SpaceX IPO Will Be the Theft of the Century
The SpaceX IPO Will Be the Theft of the Century An S-1 full of fantasies, insiders who will pocket millions, index companies that have changed the rules: it's all a recipe for regular people to have their pockets picked. As the SpaceX IPO approaches, a few observations and predictions: I. As a Business, SpaceX Will Be a Spectacular Failure In a real sense, the entire SpaceX value proposition rests upon the Starship project. And when I say “Starship,” I mean a Starship version that is far...
Raids, stranded victims and new criminal tactics - inside Cambodia’s fight against scam centres
Raids, stranded victims and new criminal tactics - inside Cambodia’s fight against scam centres Cambodia says it is carrying out its toughest crackdown yet on online scam centres, with hundreds of facilities targeted. In the first of a two-part series, CNA goes on the ground to find victims stranded and signs of operations shifting into smaller urban sites, while experts warn that the criminal networks behind the industry remain deeply embedded. Abdul’s plan was to teach English in a Bangkok...
UK savers '£3,000' HMRC tax alert for Brits to know
UK savers '£3,000' HMRC tax alert for Brits to know Pension savers are being warned about the risks of making costly errors Millions of pension savers risk surrendering thousands of pounds to tax unnecessarily as confusion surrounding retirement income choices leaves many exposed to expensive errors. Only 42% of adults claim they have a clear grasp of the options available when withdrawing money from their pension. Even amongst those aged over 55, the proportion rises marginally to 45%,...
Upasana Kamineni's 77,000 crore business empire
Ram Charan and Upasana Kamineni remain one of the most talked-about celebrity couples. While Upasana is popularily known as the wife of actor Ram Charan she has also established a strong professional identity through her association with one of India's leading healthcare business families. Upasana Kamineni belongs to a major business family Upasana comes from the influential Kamineni family which has a major presence in the healthcare sector.