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The UK will impose a tax on homes valued at more than £2 million ($2.6 million), the latest blow to the country's already struggling housing market.

Bitcoin enthusiasts are bracing for some awkward questions this holiday season.

David Geffen, the billionaire media mogul, stands to reap more than $500 million in profit from the expected sale of Warner Bros. Discovery Inc.

A patriarch for one of Asia's biggest finance fortunes is joining other members of the global rich in bolstering artificial intelligence investments, defying fears of a bubble.

Ares Management Corp. is partnering with the Abu Dhabi Investment Council and Mubadala Investment Co.'s special-situations unit to found a business that will take minority stakes in mid-size private equity firms.

The billionaire founder of a home-repair business acquired by Brookfield Asset Management is ramping up his UK family office's activities, a rare positive bet on the country's prospects amid recent economic uncertainty.

In President Donald Trump's second term, crypto assets transformed his family's wealth. Now the Trumps -- and their followers -- are getting a crash course in the wild volatility ingrained in digital currencies.

A frenzied, AI-fueled rally in Oracle Corp. stock briefly made Larry Ellison the world's richest person in September. But a prolonged slump since then has seen the tech giant give up all those gains and more, delivering a $130 billion hit to Ellison ...

US banks are putting a plan for a $20 billion bailout for Argentina on the back burner and pivoting to a smaller $5 billion short-term financing facility, the Wall Street Journal reported.

Citigroup Inc.'s Mark Mason will step down as chief financial officer as the bank adjusts leadership ranks under a new structure that hands more power to wealth head Andy Sieg.