Billionaires emit a million times more greenhouse gases than the average person: Oxfam

The investments of 125 billionaires cause 393 million tonnes of carbon dioxide emissions each year according to a report published by global poverty charity Oxfam. Florian Gaertner / Contributor / Getty Images The investments of 125 billionaires produce 393 million metric tonnes of carbon dioxide emissions every year, according to a report by Oxfam. That’s…

The $1.9 billion Powerball jackpot — the largest ever — is up for grabs. Here’s the tax bill if there’s a winner

Mark Ralston | Afp | Getty Images Whoever is the next jackpot winner in Powerball will be looking at the largest lottery prize ever awarded. The tax bill will also be pretty impressive. After no one hit all six numbers drawn Saturday, the Powerball jackpot headed higher. For Monday night’s drawing, it’s now an estimated…

Afraid to cruise? Not at all, say fans who are causing ‘an explosion of bookings’

In this article RCL NCLH Follow your favorite stocksCREATE FREE ACCOUNT Outbreaks, port refusals, travelers stuck onboard. Cruise ships dominated the news in early 2020 for all the wrong reasons. Some people predicted the industry would never recover. But cruising fans say: That’s ancient history.   “Given a choice, we would be living on the…

The new European vacation? Travelers are returning for trips that are all about food and wine

When Colin and Jenoa Matthes left their home state of Utah to embark on a world tour in 2019, they found themselves drawn to the food scenes in places like France and Italy. “We really loved, especially, the food in all of these different countries … and how local and specialized they were in different…

Fidelity, ForUsAll now offering 401(k) investors access to cryptocurrency

Justin Tallis | Afp | Getty Images Retirement savers in some 401(k) plans are starting to get access to cryptocurrencies like bitcoin. Fidelity Investments, the largest provider of 401(k) plans by total assets, began offering a Digital Assets Account to clients this fall, a spokesperson confirmed. Employers sponsoring a 401(k) plan through Fidelity can choose…

Powerball’s jackpot is $1.6 billion, the largest lottery prize ever. If you win, here’s how much would go to taxes

Jonathan Alcorn | Reuters If you manage to beat the odds stacked against hitting the Powerball jackpot, don’t forget you’ll have a silent partner in the win: the taxman. The jackpot for Saturday night’s drawing is now the largest lottery prize ever at an estimated $1.6 billion — pretax — if you were to opt…

This 28-year-old makes $189,000 a year from 7 income streams: ‘3 side hustles you can start for $50 or less’

In 2018, I started experimenting with side hustles to pay off my $40,000 of debt in credit cards and student loans. Today, I’ve accomplished that goal — and more. In 2021, I built enough income streams to quit my $98,500-per-year engineering job and work on my businesses full-time. At 28 years old, I am my…

Inside the $23 million mega-mansion that Yankee Candle built

Source: CNBC Standing at one of the five cooking islands in his kitchen, Mick Kittredge rattles off the outsized statistics for his newly listed home. Over 60 acres. Nearly 120,000 square feet of living and recreation space. A total of 14 fireplaces, 25 bathrooms, 16 bedrooms and four tennis courts. The western Massachusetts estate is…

At Pixar, Steve Jobs hired a director who’d ‘just made a big flop’—the result was an Oscar-winning success

In 1999, director Brad Bird’s movie “The Iron Giant” hit theaters. It was a commercial failure, costing an estimated $70 million to make and earning only $23 million at the box office worldwide. The experience reportedly left Bird wondering if he was cut out to make it in the film industry. He had no idea…

American billionaires spent a record $880 million on the U.S. midterm elections

America’s billionaires spent a record $880 million on the U.S. midterm elections so far, with most of their spending favoring Republicans, according to a new report. Billionaire spending is up 44% over the 2018 midterms, and is expected to approach $1 billion by next week, according to Americans for Tax Fairness, which analyzed campaign-contribution data…

Powerball jackpot hits $1 billion — but only if you pick the less-popular prize option. If you win, here’s the tax bill

Gene Blevins | Reuters The jackpot for Powerball’s Monday night drawing is a whopping $1 billion. Sort of, anyway. The advertised number represents the pretax amount you’d get if you were to receive your windfall as an annuity spread over three decades. Yet most jackpot winners choose the upfront one-time cash payment — which, for…

Want to book a flight but pay for it next year? Here’s how it works

Travel demand is still picking up, and so are the prices of flight tickets.  Surging prices are causing some to cut back on spending, but others are finding new ways to pay for their holiday plans. More airlines are partnering with “buy now, pay later” firms to give customers the option to pay for their…