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California families face life-or-death health care cuts. Billionaires can afford to pitch in
Medi-Cal faces a $30 million gutting, so unions and advocates want to put a wealth tax targeting billionaires on the ballot.
Carlyle Group Says Wealth Business Has Doubled Since 2023
Carlyle Group Inc.’s wealth business has nearly doubled since Harvey Schwartz became chief executive officer in 2023 and is on track to account for some 20% of the firm’s capital flows.
Roundup: LNG deal / Mardi Gras politics / Verizon outage
Agreement with Saudis: Saudi Aramco has signed a long-term LNG supply deal with Commonwealth LNG for 1 million metric tons annually, with an option to double volumes. The agreement moves the proposed Cameron export terminal closer to a final investment decision as Aramco expands its U.S. natural gas footprint. Read more from Reuters. Parade throws: […]
51-year-old quit policy career to start a business—now the wealthy buy $175,000 'protection dogs' from her
Svalinn breeds, trains and sells family protection dogs. Co-founder Kim Greene quit her previous career in international policy to start the business.
Bernie Sanders Says 'Science-Fiction Fear Of AI Running The World Is Real' — Then Urges America To Slow 'Most Consequential Technology'
A science-fiction fear about artificial intelligence running the world is no longer theoretical, according to one U.S. senator. "The science-fiction fear of AI running the world is real," Sen. Bernie Sanders (I-VT.) recently told CNN, calling AI "the most consequential technology of our lifetime" and urging the U.S. to slow its development. Sanders Names Who Is Pushing AI Sanders said the AI boom is being steered by a small group of wealthy tech leaders, naming Tesla Inc. (NASDAQ:TSLA) CEO Elon
Newsom says California wealth tax 'really damaging' as billionaires move money, businesses out of state
California Governor Gavin Newsom warns the proposed wealth tax is "damaging," as billionaires and public figures flee state ahead of its potential 2026 ballot measure.
Trump is pledging to ‘rescue’ protesters in Iran. He has a selective view of the sanctity of protests.
President Donald Trump billed strikes on Venezuela earlier this month as being about drugs, gangs invading the United States and law enforcement – i.e. arresting indicted leader Nicolás Maduro. But of late, he seems conspicuously preoccupied with the country’s oil wealth.
With Democrats at a Crossroads, Elizabeth Warren Urges a Left Turn
The Massachusetts senator signaled alarm about her party’s movement toward the center, warning in a speech that Democrats should not cozy up to the wealthy and the powerful.
‘Completely bonkers.’ Trump’s Greenland mining dreams in Greenland collide with reality
Greenland’s untapped mineral wealth has landed the island at the top of President Donald Trump’s empire-building wish list.
HSBC launches UAE asset management business to tap into wealth influx
HSBC is opening an asset management business in the UAE and launching 10 onshore funds, it said on Monday, as the bank deepens its investment in the region and taps into an influx of wealth into the Gulf country.
Superyacht broker on 3 surprising things about selling to ultrawealthy
AJ Blackmon, the CEO of Ikonic Yachts, shared three surprising things he's learned about selling superyachts to the ultrawealthy.
California wealth tax: See list of over 200 billionaires in the state
California has over 200 billionaires that could be hit by a proposed wealth tax. Several have recently moved assets out of the state.
Inside Iowa Politics: Who pays more toward Social Security
U.S. Senate candidate Zach Wahls wanted wealthier Americans to pay more toward Social Security.
Why saving money isn't enough for small business owners
Listen and subscribe to The Big Idea with Elizabeth Gore on Apple Podcasts, Spotify, or wherever you find your favorite podcast.Having enough capital is critical when running a business - but saving income isn't enough to help grow wealth... This week on The Big Idea with Elizabeth Gore, Howard Enterprise founder and the Wall Street Trapper Leon Howard joins the show to answer the question: How can I use a Wall Street mindset for my business? Howard, a financial educator, shares his expert advice for entrepreneurs on how they can grow their wealth and business, and set themselves up for long term success. Yahoo Finance’s The Big Idea with Elizabeth Gore takes you on a journey with America’s entrepreneurs as they navigate the world of small business. This post was written by Lauren Pokedoff
Sergey Brin, Larry Page moved LLC from California before wealth tax
The LLC moved as California's ultrarich weigh leaving ahead of a proposed tax on billionaires that would take effect retroactively starting January 1.
Politics of the personal
Once a high-flying financial trader, Gary Stevenson now leverages his platform and personal experience to advocate for targeted wealth tax on fortunes over £10m. This article explores his mission to shift public debate away from polarisation and toward social justice
Larry Page loosens business ties to CA amid state’s proposed wealth tax, report
Larry Page is reportedly moving assets out of California over concern the state will vote in a tax on billionaires.
Billionaires make strategic moves out of California ahead of proposed wealth tax
California billionaires like Larry Page and Larry Ellison are making business and real estate moves ahead of a proposed 5% wealth tax on assets over $1 billion goes into effect.
California Tech Executives Plot Against Rep. Ro Khanna Over Support of Wealth Tax
It’s hard right now to be a progressive Democrat in the heart of America’s tech industry.
Trump Family Businesses Rake in $4 Billion After His Reelection with Focus on AI, Crypto & Nuclear
Ventures launched by the Trump family since Donald Trump’s reelection have generated at least $4 billion in proceeds and paper wealth for the Trump family. With investments across sectors like real estate, hospitality, media, cryptocurrency and more, the Trumps are “increasingly integrating their business empire” into the wider U.S. economy, says David Uberti, who has been reporting on the family’s self-enrichment for The Wall Street Journal. The coupling of Trump’s economic and political influence is raising major questions about conflicts of interest. “You have all of these different business interests in different areas in which the government regulates,” and this “proximity to power may help along some of these deals and the valuations at which they’re made.” We look at the Trumps’ cryptocurrency venture World Liberty Financial and the Trump Organization’s planned $6 billion merger with a firm hoping to build a nuclear fusion plant to power AI data centers with Uberti, who says such “very speculative, highly risky corners of financial markets” are key to the family’s investment strategy.
How Philanthropy Builds Legitimacy, Unity In Family Business Succession: Part One
The article notes that the families benefiting the most from philanthropic planning treat it as far more than about tax. This is the first half of a feature delving into the links between philanthropy and business succession.
Trump’s Retro Imperialism
The president holds some misguided views about wealth, power, and natural resources.
Kennedy Scales Back the Number of Vaccines Recommended for Children
Federal health officials now recommend that children be routinely inoculated against 11 diseases, not 17, citing standards in other wealthy nations.
Supreme Court Increasingly Favors the Rich, Economists Say
A new study found that the court’s Republican appointees voted for the wealthier side in cases 70 percent of the time in 2022, up from 45 percent in 1953.
2026 sports calendar: A month-by-month guide to the biggest events of the year
The Olympic Winter Games Milano Cortina 2026 takes centre stage in February, followed by other major events including the FIFA World Cup and Commonwealth Games
Business owners set to unlock wealth rather than retire, Raymond James poll shows
Most plan to exit financial stakes in next decade but many aim for new ventures beyond retirement.
Revisiting the question of debating science deniers
Wealthy tech bro turned antivax crank Steve Kirsch attacked Paul Offit for refusing to debate antivaxxers, while Dr. Mike was "surrounded" by MAHA stans. These recent events led me to revisit the question: Is it ever a good strategy to publicly debate cranks?
26 for 2026: unmissable sporting events over the next 12 months
This year features a football World Cup, a Winter Olympics, a Commonwealth Games and a historic Test match
There was money to be made in 2025, even as some major stocks’ market caps ‘bled out,’ Josh Brown says
When some big tech names struggled, investors were able to rotate into pockets of strength outside of the sector, the CEO of Ritholtz Wealth Management said.
Scott Jennings: Proposed CA wealth tax allows Democrats to attack billionaires
Tech billionaires threaten to flee California over proposed 5% wealth tax
Silicon Valley tech founders threaten to leave California over proposed 5% wealth tax on billionaires. The controversial measure could trigger an exodus from the state.
Miss Manners: Wealthy business owners too cheap to cater their own company barbecue
Too rich to be cheap
Luxury brands bet on mass-market sports despite shift to exclusivity
Sponsorships and collaborations soar even as industry slowdown spurs renewed focus on wealthiest customers
Maridea Wealth launches Tax & Business Services unit
Maridea Wealth has announced the launch of its dedicated Tax & Business Services unit with the acquisition of Hyperion Accounting Group.
2025: Wealthtech that Helps Advisors Expand Their Business
Startups develop advanced AI and tech solutions for financial advisors, moving past simple automation to enhance business capabilities
From CIA officer to Governor: Abigail Spanberger on intelligence and politics : Sources & Methods
Virginia governor-elect Abigail Spanberger will be the first woman and the first former CIA officer to lead the commonwealth.Host Mary Louise Kelly talks to Spanberger about her unconventional career path that took her from Langley to D.C. and now to Richmond, and how some of her skills from gathering intelligence come in handy in politics. Email the show at sourcesandmethods@npr.orgNPR+ supporters hear every episode without sponsor messages and unlock access to our complete archive. Sign up at plus.npr.org.
Maridea Wealth Launches Tax & Business Services Unit With Strategic Acquisition of Hyperion Accounting Group
BROOKLYN, N.Y., December 22, 2025--Maridea Wealth ("Maridea") today announced the launch of its dedicated Tax & Business Services unit, marking a major expansion of the firm’s mission to provide clients with a comprehensive, integrated financial-services platform. As part of this initiative, Maridea is acquiring Hyperion Accounting Group, led by David Papotta, who will join as Director of Tax & Business Services.
Do it for Trump: Treasury pushes businesses, wealthy people to contribute to 'Trump Accounts'
A pair of major contributions from business titans recently is part of a strategy to pump money into the new savings plans for children.
BBC outbid by TNT Sports for 2026 Glasgow Commonwealth Games
TNT will broadcast the 2026 Commonwealth Games in Glasgow after outbidding long-time rights holder BBC
Manor College Receives Commonwealth Grant for Dental Health Center Expansion
The grant will go towards increasing the size and modernizing the Dental Health Center on Manor College’s campus. The Pennsylvania Department of Community and Economic Development has granted Local Share Account funds that will benefit the expansion and renovation of Manor College’s Dental Health Center. “We are thrilled to move this project forward in such Read more >
Elon Musk's net worth soars, now more than double his closest rival’s as Tesla stock continues to surge
Elon Musk's net worth hits $681 billion, more than double Google co-founder Larry Page's $249 billion wealth, as Tesla's stock surge widens the billionaire gap.
How soaring healthcare costs are changing where millionaires move to
Henley & Partners say data shows wealthy families shifting plans as private healthcare costs surge worldwide and cheaper European options gain appeal.
The amateur athletes spending thousands on endurance sport
Wealthy amateurs are spending big money to compete in endurance events around the world.
Aristotle’s Politics has wisdoms and warnings for our age of tech utopias and inequality
Are we all political animals? Aristotle thought so. Politics, he believed, was the art of the possible, but extremes of wealth could harm democracies.
Do Democrats need their own billionaire? JB Pritzker is betting on it.
The Illinois governor has tapped his wealth to climb the political ladder, moving toward a White House run while presenting himself as a champion for everyday people.
The great wealth transfer will likely reshape U.S. politics. Are we headed for a ‘millennial civil war’?
Will inherited wealth tear millennials apart? Smerconish investigates
The next generation of heirs is rewiring family offices — and triggering a talent war
Wealthy heirs are reshaping family offices around impact and innovation, but the talent to run them is scarce, a new IMD report says.
Political power and profitable trades in the US Congress
The debate over whether US members of Congress should be allowed to trade individual stocks has become a mainstream policy concern. This column uses data on every US congressional stock trade from 1995 to 2021 to reveal that while rank-and-file members do not systematically beat the market, once some of them assume leadership positions their portfolios start to look very different and outperform those of regular members. The pattern raises uncomfortable questions about how political power, corporate access, and personal wealth interact.
Larry Ellison just lost $25 billion of his net worth in one day
Larry Ellison saw his wealth plunge after Oracle's earnings miss spooked investors and raised fresh questions about the company's massive AI spending.
Walton family fortune: How American's richest family manages their wealth
America's richest family uses a model pioneered by the Rockefellers to manage their wealth.
Billionaires are spending massive sums on politics. A backlash brews.
An anti-oligarch protest in a small Indiana town shows the depth of the national backlash against the concentration of wealth and power.
The New WHO Pandemic Treaty and Global Health Governance: Incorporating Common but Differentiated Responsibilities into PABS - Georgetown Journal of International Affairs
On May 20, 2025, the World Health Assembly unanimously adopted the World Health Organization (WHO) Pandemic Agreement, an international treaty designed to strengthen pandemic prevention, preparedness, and response. The product of three years of arduous negotiations, the treaty marks a new era of global cooperation in public health. However, core aspects of the agreement remain unresolved—notably the Pathogen Access and Benefit-Sharing (PABS) System, which is intended to ensure equitable access to pandemic-related materials and benefits. To support the successful implementation of the WHO Pandemic Agreement, the principle of “common but differentiated responsibilities” should be formally incorporated into the negotiating agenda of the PABS annex. Introduction For the first time, an international treaty has enshrined the principle of “One Health,” the compelling idea that the health of animals, humans, and the environment all contribute to pandemic risks. SARS (2003), H1N1 (2009–10), Ebola (2014–16), and COVID-19 all emerged through zoonotic spillover from animal hosts—respectively, civets, hogs, and bats. Together, they underscore the need for a coordinated, cross-sectoral approach. The Pandemic Agreement responds to this call, requiring state parties to acknowledge the ecological interplay and commit to a comprehensive “One Health” strategy. Specifically, Article 5 charges governments to address “the drivers of pandemics and the emergence and re-emergence of infectious disease at the human-animal-environment interface,” including wild animal markets, deforestation, and antibiotic overuse. Yet the effectiveness of this “One Health” vision depends equally on the free flow of scientific information and data among countries and institutions. Just as environmental and animal health factors have been neglected in past global frameworks, so too has data sharing been marginalized, despite its centrality to timely detection and response. The Pandemic Agreement takes an important step by requiring governments to enhance data collection and cooperate with the World Health Organization (WHO). However, these provisions will remain aspirational without a robust Pathogen Access and Benefit-Sharing (PABS) annex. The PABS system will determine whether countries and researchers can rapidly exchange pathogen samples and genetic data while ensuring equitable access to resulting research and development, including diagnostics, therapeutics, and vaccines. Without such mechanisms, the treaty’s promise to operationalize “One Health” and strengthen global preparedness will risk becoming largely symbolic, echoing earlier failures to translate shared principles into coordinated action. Equity Concerns When the 2025 Health Assembly adopted the Pandemic Agreement, it left the difficult question of access to pathogens and the sharing of resulting benefits to be addressed in a separate agreement. Negotiations on this separate agreement, PABS, are now underway in Geneva. Yet governments remain divided over fundamental questions of equity between the countries that primarily contribute to the system and those that primarily draw from it—and consequently benefit. For example, wildlife in countries bordering the equator is likely to produce PABS materials, but companies in Europe are likely to use them to develop lucrative products. The most likely contributor countries are likely to be those biodiverse countries around the equator, such as Brazil, the Democratic Republic of the Congo, and Indonesia, where the number of human-mammalian viral host interactions is large. Conversely, countries most likely to benefit from this material are those with the technology, investors, and infrastructure to capitalize on genomic data, such as the United States, EU member states, and Japan. This imbalance reflects a broader pattern seen in prior international frameworks. Now, as in the past, the wealthiest countries in the world (a useful heuristic is membership of the Organisation for Economic Co-operation and Development (OECD)) disproportionately benefit from systems in which pathogens and genomic sequencing data are contributed to a common source. Under the International Agreement on Plant Genetic Resources for Food and Agriculture (the “Plant Treaty” or “Seed Treaty”) and the Pandemic Influenza Preparedness (PIP) Framework, companies from Europe and North America disproportionately withdraw biological samples and data for development into lucrative medical products. Their governments and companies have both statutory and contractual claims to the products that those companies correspondingly produce. PABS appears poised to follow the same pattern. The text calls for strong language on access to pathogens and associated data, but the corresponding benefits that should flow to poorer countries are couched in equivocal or non-binding language. Common but Differentiated Responsibilities To address these inequities, the principle of “common but differentiated responsibilities” should be formally incorporated into the negotiating agenda of the PABS annex. Common but differentiated responsibilities are often a feature of climate change negotiations. The basic principle is that, even though all countries should reduce carbon emissions, governments that became rich and powerful through massive carbon emissions (e.g., France, the United Kingdom, the United States) should have a greater obligation to address the resulting crises. Applied to PABS, it would require that governments hosting and supporting companies developing lucrative products carry greater obligations toward the cost of running the PABS system; share benefits or final medical products; and transfer technology to help countries worldwide develop their own capacities to innovate and manufacture vaccines during an emergency. For example, an annex could mandate that any company based in an OECD country that withdraws PABS material would be obligated to donate the resulting diagnostics, therapeutics, or vaccines to the WHO during a public health emergency or pandemic. Questions remain about how robust those donations would be, but the principle is that they should deliver highly significant lifesaving benefits to be equitably shared. Theoretically, this approach mirrors the PIP Framework, in which companies withdrawing influenza samples are required to pay half of the operating costs. In practice, however, the framework has fallen short. The PIP Framework Secretariat has struggled to secure payments from companies, with companies often disagreeing over how much is owed. Additionally, without another pandemic influenza to test the strength of the agreement during a public health emergency, corporate compliance with sharing mechanisms remains unknown. Even if these limitations did not characterize the PIP Framework, partially paying for operating expenses does not address the inequity in access to genetic data and pathogen samples that left less developed countries last in line for COVID-19 vaccines (and, before them, H1N1). Common but differentiated responsibilities would go further, addressing governments’ legitimate grievances regarding information sharing. It would make withdrawals of PABS material and resulting products more transparent, building trust across the board. Enforcement and Enduring Success A key implication of this approach is that the governing mechanism of the PABS must have real enforcement authority. The WHO Pandemic Agreement delegates its core governance responsibilities to a Conference of the Parties (COP)—a governing body composed of one representative from each participating government, similar to those established under the UN Framework Convention on Climate Change and the WHO Framework Convention on Tobacco Control. The proposed WHO Pandemic Agreement COP is charged with oversight functions but ultimately possesses no real authority to compel a government to take any action it does not wish to take. The text does not give the COP the ability to, for example, sanction a party that does not comply with either textual obligations or PABS provisions. In other words, there are no effective mechanisms in place to ensure compliance. Perhaps just as significant, establishing a meaningful enforcement mechanism within the PABS system would strengthen the WHO’s credibility and its ability to ensure compliance across global health governance. By setting a precedent for accountability, such a mechanism could enhance the organization’s authority not only within the Pandemic Agreement but also in enforcing the revised International Health Regulations and other frameworks for public health emergencies. Conclusion The PABS annex can—and should—be different. It should establish clear responsibilities for funding as well as for sharing the diagnostics, therapeutics, and vaccines that result from contributions to the system. The system, in turn, must include a dedicated body empowered to hold governments and the corporations they sponsor accountable for their responsibilities before, during, and after pandemics. Doing so would restore trust in the broader agreement, which was eroded as commitments were repeatedly diluted while parties scrambled to meet their own self-imposed deadlines during the Pandemic Agreement negotiations. A robust PABS Annex would cement a grand social bargain. Wealthier countries and their corporations would gain unimpeded access to scientific information essential for developing and manufacturing lifesaving medical products. As such, they would stand to gain considerable economic benefit. Yet that privilege must be matched with responsibility. The grand bargain must include not only the right to innovate, but also the duty to ensure that innovation serves all. As medical products are developed and produced through collective contributions, every person must have equal access. All human beings deserve an equitable chance to survive—to save their own life, the lives of their families, and the well-being of their communities. … Sam Halabi, JD, MPhil, is the Bette Jacobs Endowed Professor at Georgetown University’s School of Health and the Director of the Center for Transformational Health Law at Georgetown Law. He serves as the co-lead for the WHO’s Working Group on Regulatory Consideration on AI and Health’s training workstream. He earned his JD from Harvard, his MPhil from Oxford, and undergraduate degrees from Kansas State University. Lawrence Gostin, LLD (Hon.), JD, BA, is University Distinguished Professor and Founding Director and Timothy and Linda O’Neill Professor of the O’Neill Institute for National and Global Health Law. He is the author of Global Health Security: A Blueprint for the Future (Harvard University Press, 2021); Global Health Law (Harvard University Press, 2014); Public Health Law: Power, Duty, Restraint (University of California Press, 3rd ed., 2016); Public Health Law and Ethics: A Reader (University of California Press, 3rd ed., 2018); Law and the Health System (Foundation Press, 2014); Principles of Mental Health Law & Practice (Oxford University Press, 2010). He also directs the WHO Collaborating Center at Georgetown University. Image Credit: United States Mission Geneva, CC BY 2.0, via Wikimedia Commons
NYC Democrats Fight for Congressional Seat Showing Israel Divide
Dan Goldman is proud of his work taking on President Donald Trump — whether on immigration, Ukraine or the US Constitution. The Democratic congressman even led the first impeachment proceedings against Trump before winning election in 2022 to represent a wealthy, liberal New York City district.
Supreme Court poised to strike down Watergate-era campaign finance limits
The Supreme Court's conservatives signaled they are likely to rule for Republicans and President Trump by throwing out a Watergate-era limit on campaign funding by political parties. Such a ruling could allow parties to support their candidate's campaigns with help from wealthy donors.
Pennsylvania’s Lt. Gov. says Trump has ‘got his work cut out for him’ when it comes to the commonwealth’s economy
Disbennett Wealth Management Group Awarded 2025 Best in Ohio Business - Financial Planning Firm by Ohio Business Magazine for Second Consecutive Year
Disbennett Wealth Management Group, a leading financial planning firm specializing in retirement income strategies and wealth management, is honored to announce that it has been named the 2025 Best in Ohio Business for Financial Planning Firm by Ohio Business Magazine—marking the second year in a row the firm has received this prestigious recognition. This consecutive win highlights the firm's continued commitment to delivering exceptional financial guidance for successful individuals, families,
Trump wants more health savings accounts. A catch: they can’t pay insurance premiums
Wealthier Americans are using them to pay for gym equipment, cedar ice baths, and hemlock saunas, but poorer Americans can’t use them for insurance.
Health Savings Accounts, Backed by GOP, Cover Fancy Saunas but Not Insurance Premiums
Health savings accounts can be used to cover medical expenses, tax-free. But while wealthier Americans are using them to pay for gym equipment, cedar ice baths, and hemlock saunas, poorer Americans can’t use them to pay their skyrocketing health insurance premiums.
Planet Earth has never had so many billionaires
The number of billionaires worldwide – and their combined wealth – reached record highs this year, buoyed in particular by gains in tech stocks, Swiss bank UBS has found.
THEN AND NOW: Photos show where America's wealthiest lived a century ago versus today
A hundred years ago, America's wealth concentrated in New York's Fifth Avenue. Today, the richest Americans reside in places like Miami and Hawaii.
How To Make Extraordinary Wealth Buying a Surprising Business, According To Codie Sanchez
You don't have to reinvent the wheel to get rich. Instead, you can glide into a fortune by launching a business that serves a common need. Financial influencer Codie Sanchez, founder of Contrarian...