Billionaire MacKenzie Scott just donated two Beverly Hills mansions worth $55 million to fund affordable housing in LA

In her ongoing crusade to give away at least half of her wealth, billionaire MacKenzie Scott is now gifting mansions to charity. Scott recently donated two of her homes — both in Beverly Hills, California — to the California Community Foundation (CCF), which provides grants to mission-based nonprofits in Los Angeles. The organization intends to…

Taxpayers have just a few weeks left to claim their share of $1.2 billion in IRS fee refunds. Here’s how to take advantage

Source: Getty Images If you missed the deadline for 2019 or 2020 tax returns, you may receive a refund for late-filing penalties. But you must file overdue returns by Sept. 30 to qualify. The IRS will shell out more than $1.2 billion in collective refunds or credits to nearly 1.6 million late filers, according to…

Shanghai, Mumbai, Melbourne and beyond: CNBC names the best Asia-Pacific hotels for business travel

In this article 69-HK IHG-GB HLT AC-FR .SSEC MAR Business travelers are on the road again. So there’s no better time for CNBC Travel to name the best hotels for business travel across Asia-Pacific. CNBC joined with the market and consumer data firm Statista to produce rankings of the “Best Hotels for Business Travelers.” A…

Winner of $1.34 billion Mega Millions jackpot has just a few weeks left before a key claiming deadline

Will Lester | Medianews Group | Getty Images The clock is ticking for whoever landed the $1.34 billion Mega Millions jackpot in late July — if they want to claim their prize as a lump sum. In Illinois, where the winning ticket was sold, Mega Millions winners get a year to claim their windfall if…

Tim Cook still runs Steve Jobs’ 9 a.m. meeting every Monday: ‘He was the best teacher I’ve ever had’

Tim Cook says it’s never been his goal to run Apple the exact same way Steve Jobs did. But Jobs’ influence is still strongly felt at the company, Cook says — and it likely always will be. “We don’t sit around and say: ‘What would Steve do?’ He told us not to do that,” Cook…

For Russians, vacations aren’t what they used to be. But they still have options

There was a time when Western Europe was the destination of choice for Russian tourists. But things have changed. Max, a Russian in his 40s, used to stroll museums in France, enjoy fine cuisine in Italy, and go on hikes on the hills of Spain. Then Russia invaded Ukraine. This year, Max, who told CNBC…

Kim Kardashian launches private equity firm, becoming the latest celeb to enter the investment industry

Reality TV star Kim Kardashian launched a private equity fund, Skky Partners, which she co-founded with Jay Sammons, a former partner at the investment firm Carlyle Group. Photo by James Devaney/GC Images via Getty Images Reality TV star Kim Kardashian launched a private equity fund, Skky Partners, which she co-founded with Jay Sammons, a former…

Kevin O’Leary on his best ‘Shark Tank’ investments ever: ‘75% of my returns have come from companies run by women’

Over 13 years of making deals on ABC’s “Shark Tank,” Kevin O’Leary says he’s noticed a common thread among the companies that have brought him the best investment returns. They’re mostly owned or run by women. “This is real data: 75% of my returns have come from companies run by women,” O’Leary tells CNBC Make…

How this 34-year-old mom makes 6 figures as a book narrator: ‘I get to work my dream job from home’

In 2017, I was 29 years old and making $30,000 a year as a church music director and private music teacher. My husband was a middle school music teacher, and made $48,000 a year. With two children — both under four years old at the time — and $80,000 in combined student debt, we struggled to…

Mark Zuckerberg doesn’t like your scrolling habits: Social media is for ‘building relationships,’ not just consuming content

While Mark Zuckerberg spends most of his days on social media, you won’t find him mindlessly scrolling through Instagram Reels. That’s because Zuckerberg thinks social media is best when used to communicate. On a recent episode of the Joe Rogan Experience podcast, the Meta CEO said he thinks platforms like Facebook, Instagram and Twitter can…

The ‘sleeper-hit’ beyond $10K: Student loan borrowers say new income-driven repayment plan could be ‘life-changing’

The day the Biden administration unveiled its highly anticipated student loan forgiveness plan was a “celebratory day” for Justin Short. Short, 34, graduated from the University of Missouri in 2012 with a degree in hospitality management, $47,000 in federal student loans and $5,800 in private student loans. Like many borrowers, his college debt has plagued…