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Bruce Jacobs, co-founder of Jacobs Levy Equity Management, is giving $60 million to the University of Pennsylvania's Wharton School -- the largest single gift in its history -- to start a master's program in quantitative finance.

Denis Shtengelov built his company from the streets of his Siberian hometown more than 30 years ago into a global confectionery empire with billions of dollars in revenues.

Canadian Prime Minister Mark Carney launched a new government agency responsible for building affordable homes as he aims to boost the pace of construction over the next decade.

The US will urge its allies in the Group of Seven to imposes tariffs as high as 100% on China and India for their purchases of Russian oil in an effort to convince President Vladimir Putin to end his war in Ukraine.

US household net worth rebounded in the second quarter as stock prices climbed to a fresh high.

Sotheby's reported a nearly 20% drop in revenue from commissions and fees last year as sales of luxury items and works of fine art at auction dwindled.

Anders Holch Povlsen has accumulated stakes in listed online retailers, banks and other finance firms over the past two decades, while overseeing one of the world's largest closely held fashion fortunes.

Some of the world's richest families are less exposed to private equity as they lean more heavily on public markets, with surging prices underscoring stocks' value as a consistent wealth engine.

Australians will need as much as A$690,000 ($455,000) of pension savings to retire comfortably, according to a new report that highlights how rising living costs are stretching household budgets even under the country's globally admired pensions ...

Robert W. Baird & Co. is buying a stake in Canadian alternative asset manager Sagard Holdings Inc., becoming its first US institutional shareholder in a deal that also includes distribution of Sagard funds.