Bloomberg News

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SEC Fines Wall Street’s Top Banks Over Fraudulent Muni Deals

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The SEC alleged that 36 underwriters, including Wall Street’s biggest banks, sold bonds for municipalities that failed to make adequate financial disclosures to investors.

Mercedes's $230K Maybach Defies China's Cooling Luxury Market

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Mercedes-Benz is selling almost as many Maybach cars in China each month as it used to sell worldwide in a year, when it targeted the super-rich with a stand-alone model.

How Sharapova Became The World's Wealthiest Female Athlete

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The tennis world’s most famous No. 2 player will end her career on top when it comes to her business endeavors.

Millennials Think They Have It Bad? Generation X Has It Worse

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Generation X has plenty to be grumpy about. For starters, no one talks about them anymore. It’s all millennials all the time...

Republican Rand Paul Wants $2 Trillion Tax Cut With 14.5% Flat Rate

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His plan to overhaul the U.S. tax system calls for a 14.5 percent federal flat tax for consumers and companies, the elimination of almost all deductions and more.

A Retirement Bonanza Of A Lifetime For These RIA Employees

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This manager is approved to let employees sock money in a Roth IRA and 401(k) that includes its wildly popular hedge fund -- which has delivered a 71.8 percent annual return for 20 years.

Marco Rubio's Retirement Account Moves Are A Definite No-No, Advisor Says

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Marco Rubio's approach to personal finance could make some retirement advisors cringe.

Kirk Kerkorian, Billionaire From Hotels, Cars, Films, Dies At 98

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Kirk Kerkorian, the eighth-grade dropout who bootstrapped his way to billionaire by buying and selling stakes in airlines, auto companies, Nevada casinos and Hollywood studios, has died.

Just How Rich Is Donald Trump, Exactly?

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He'll be the only presidential contender to collect rent from Gucci.

Wealthy Families Unite At White House For Clean-Tech Push

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Billionaire Jeff Skoll and money manager Jeremy Grantham are among the participants in the CREO Syndicate, whose members are attending a White House event to promote climate change solutions.

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