News

Ferrari, Mercedes and McLaren top Forbes’ 2025 list of Formula 1’s most valuable teams. See the latest valuations of the financial powerhouses on the F1 grid.

The consumer base for luxury goods is shrinking—but the ultrawealthy are still spending.

Google cofounder Larry Page overtook Amazon’s Jeff Bezos to become the world’s third-wealthiest person Wednesday, as Alphabet’s stock surged by nearly 6% in the wake of strong third quarter earnings and the release of Google’s Gemini 3 AI model.

As theatrical releases decline, the 54-year-old actor has become the most bankable star on Netflix, Amazon and Apple—earning $20 million or more a movie—in a major paradigm shift of Hollywood economics. Inside the new A-Minus List.

President Donald Trump is expected to sign a bill Wednesday to release the federal government’s Jeffrey Epstein files—an about-face for the president after Republicans defied his attempts to keep the files, and possibly any of more of his own ties to Epstein, hidden from the public.

The son of Taiwan legend Y.C. Wang, Walter Wang is suing his half-siblings and cousins over control of billions in assets he believes were intended for philanthropy.

Trump said Monday he would sign the bill.

The Federal Trade Commission sued the social media company in 2020, accusing it of maintaining a monopoly, years after it purchased competitors Instagram and WhatsApp.

The Forbes Australia “Leadership in the Age of AI” panel concluded that using AI to automate mundane tasks creates the capacity – and the responsibility – to elevate a more meaningful, resilient, and inherently human way of leading.

Trump told Republicans to vote for the bill late Sunday, in an abrupt about-face.