The retail billionaire behind Victoria’s Secret has accused financier Jeffrey Epstein of misappropriating “vast sums” of his fortune while managing his personal finances more than a decade ago.
Read moreThe prospects of Jeffrey Epstein awaiting a sex-trafficking trial from his $77 million Upper East Side mansion were always remote. Thanks to Second Circuit ruling Thursday, however, Epstein’s odds at an appellate reversal dropped to virtually nil.
Read moreBetween the decoy passport, his status as a convicted sex offender and untold assets of over half a billion dollars, Jeffrey Epstein had been an unlikely candidate for bail pending trial on sex-trafficking charges.
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Seattle’s income tax on wealthy residents is unconstitutional, the Washington Court of Appeals held, but left the door open for the city to impose property taxes based on income if they are uniform across tax brackets.
Read moreFinland has topped an index of the happiest nations for the second consecutive year, with researchers saying the small Nordic country has succeeded in generating a happiness recipe not simply dependent on economic wealth.
Read moreA new poll shows that a majority of Americans, Democrat and Republican alike, support a wealth tax like the one proposed by 2020 presidential candidate and Sen. Elizabeth Warren, the latest to follow other polls that show similar support for such a measure.
Read moreNorway’s police said Wednesday the missing wife of one of Norway’s richest men has been abducted, and that her suspected kidnappers have demanded a ransom.
Read moreA British parliamentary committee reprimanded former Foreign Secretary Boris Johnson on Thursday for failing to report income within time limits set by Parliament.
Read moreBy a 5-2 vote Monday, the highest court in Massachusetts killed a ballot question that could have levied a 4 percent tax on millionaire residents.
Read moreClaiming that her father’s lawsuit gutted the auction of a Basquiat masterpiece, the middle daughter in a family of art collectors brought a $100 million legal demand of her own Thursday in the latest swat of an ugly family dispute.
Read moreBacking the idea that health and wealth go hand in hand, new research shows that middle-aged and senior adults whose fortunes faded in the wake of the 2008 financial crisis had a significantly increased mortality risk, as compared with the continuously wealthy.
Read moreMost Americans believe the federal government does not do enough to help the elderly, poor people and the middle class, the Pew Research Center reported Tuesday, and a majority also says the wealthy get too much support.
Read moreCongressional Republicans on Tuesday rushed toward a deal on a massive tax package that would reduce the top tax rate for wealthy Americans to 37 percent and slash the corporate rate to a level slightly higher than what businesses and conservatives wanted.
Read moreOnetime presidential hopeful and Vermont Sen. Bernie Sanders held a rally Tuesday at Shawnee State University in Portsmouth, Ohio, to discuss jobs, health care, and the economy.
Read moreA Chinese billionaire convicted last month of corruption can await sentencing with an on-call masseuse at his palatial $4 million apartment, a U.S. judge ruled Monday.
Read moreThe widely touted health benefits of the Mediterranean Diet comes with a surprising caveat – it works best if you’re rich.
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