Wealth

Pandemic travel restrictions have limited many travelers to staycations, and others are simply too nervous to get back on a plane. But there are still plenty of opportunities for adventure on the road. The road trip has undoubtedly seen a revival during the pandemic, and it’s the perfect way to explore the countryside for rich
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I’ve surveyed thousands of adults around the world — from the financially affluent to the middle-class to the poor — about two very simple, universally valuable resources: Time and money. Unsurprisingly, most people focus too much on working and making money, and not enough on having more time. But shifting your mindset to prioritize time
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After weeks of negotiating a stimulus package, Congress remains at an impasse. Although President Trump on Thursday said he would “go higher” than the $1.8 trillion he offered in his aid proposal, his administration has yet to reach an agreement with House Democrats, who recently passed a $2.2 trillion measure. Complicating matters, Senate Republicans have
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Fitness membership? Check. Streaming account? Of course. Meal kit service? Sure. How about your hotel subscription? Whether for pleasure, work, or long-term lodging, hospitality operators are hoping on-demand stays could be your next must-have membership as the embattled travel industry tries to expand its reach. InterContinental Hotels Group, Marriott and Accor are among the major
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Can preflight testing get people flying again? The International Air Transport Association (IATA) thinks so. Last month, the trade association, which represents some 290 airlines around the world, called for the “development and deployment of rapid, accurate, affordable, easy-to-operate, scalable and systematic” Covid-19 testing for all passengers as a way to restore passenger confidence, bypass
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Billionaire tech icon and philanthropist Bill Gates says it is “inappropriate” to refer to the experimental coronavirus monoclonal-antibody treatment that President Donald Trump received earlier this month as a “cure.” “The word ‘cure’ is inappropriate, because it won’t work for everyone,” Gates said in an interview on NBC’s “Meet the Press” on Sunday. However, Gates
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At 48, NBA Hall-of-Famer Shaquille O’Neal said he has voted for the first time in his life. “You know I always like being honest on my podcast. I’ve never voted before, America,” O’Neal said on his new podcast, “The Big Podcast with Shaq” on Wednesday. Though O’Neal did not specify whether he voted earlier this
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If you’re looking to buy a new fridge you may be out of luck. Earlier in the pandemic, there was a run on toilet paper. Now it seems that customers looking to buy a refrigerator are facing long waiting times as models are back-ordered across the country. There are also shortages for other major appliances including
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More than 26 million Americans are currently collecting unemployment benefits, according to the Labor Department. Of those, over 13 million are relying on pandemic-related programs for benefits, as they would not normally be eligible. But further stimulus package negotiations remain at a standstill, even as experts urge Congress to take action. More waiting could “lead to a weak recovery,
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More than 637 million people traveled within China over the past week in celebration of the country’s annual “Golden Week,” the country’s government said on Friday. The government estimates domestic travelers generated around 466 billion yuan ($68.6 billion) in tourism revenue during the holiday period. Two holidays converged this year: National Day, which celebrates the founding
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What do you get when you mix a wellness holiday with a “workcation”? Answer: The “wellness sabbatical,” an emerging trend that allocates time for sunrise yoga classes, meditation sessions and spa treatments — alongside work emails and Zoom calls. A small but growing number of resorts are tapping into a market of wellness-minded workers who
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Democratic presidential candidate Joe Biden says his tax hikes would only affect the wealthy — defining that as those who make more than $400,000 a year. But according to a financial planning analysis, families making $400,000 a year aren’t exactly living large — especially in major cities. A family of four with $400,000 a year
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Like many successful executives — from Amazon CEO Jeff Bezos to Tesla and SpaceX CEO Elon Musk — Spotify co-founder Daniel Ek has his own unique morning ritual. But, “compared to some leaders,” Ek said in an interview this year with The Observer Effect, his routine “will sound incredibly lazy.” “I wake up at around 6:30 in the morning and spend some time
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Mark Cuban, entrepreneur and investor on ABC’s “Shark Tank,” has invested in hundreds of successful companies to date. In the 1990s, Cuban founded and sold several start-ups that helped him reach billionaire status. And in 2000, he paid $285 million for a majority stake in the Dallas Mavericks. (Under his ownership, the team won an NBA championship in 2011 and is now valued at an estimated $2.3 billion,
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With the U.S. presidential election about a month away, former President Barack Obama has urged citizens to cast their votes in a race that matters not only nationally, but globally. As the de facto world leader and international standard-bearer for policymaking, the U.S. holds major sway over world events and the choices made by the
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