Author: Editor

President Donald Trump said he would be fine with Republican lawmakers raising taxes on the wealthy, but acknowledged the political challenges of doing so for the party as he prepares to meet with the head of the House tax committee on Friday.”Republicans should probably not do it, but I’m OK if they do!!!,” Trump said on his social-media platform.Trump has been pushing lawmakers to increase rates on some of the wealthiest Americans as a way to offset other cuts in an economic package Republicans are preparing to move through Congress. He has also offered mixed messages on his proposal, complicating…

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The art market is about to face its biggest test since the November elections, with more than $1 billion of work coming under the hammer in New York next week. Christie’s, Sotheby’s and Phillips are together offering 295 works for a low-end estimate of $952 million combined, according to ArtTactic. That would mark a 2% increase over last year’s spring auction total, and dealers and art…

Containers of Nutella hazelnut spread made by the Ferrero company is displayed on March 27, 2024 in San Anselmo, California. Justin Sullivan | Getty Images News | Getty ImagesFerrero North America is adding peanuts to its Nutella, turning its Ferrero Rocher spheres into squares and adding Dr Pepper flavor to Tic Tacs, all in the hopes of winning over more U.S. consumers.  The confectioner announced its slate of new products ahead of the annual Sweets and Snacks Expo, which kicks off Monday in Indianapolis. The company plans to display its largest-ever array of new products, like Butterfinger Marshmallow and Crunch White,…