HOUSTON—Cars, computers and televisions that belong to a convicted felon are up for auction Thursday. The U.S. Marshal's Office seized the items from a guy who was convicted for a mortgage scheme and money laundering. He was sentenced to five …

Wealthy consumers are expected to cut back on spending on non-essential items during the second half of the year; seeking products and experiences that hold more value instead, according to a survey released Wednesday by the Luxury Institute.

NEW YORK (AP) — Bargain hunters from around the world flock to Manhattan's Chinatown for bags, jewelry and other accessories bursting onto sidewalks from storefronts along Canal Street. Among the goods are luxury items labeled "Prada" or "Louis …

The price tags on expensive cars, jewellery, the best restaurants, concierge services and other upmarket items rose 4.9 per cent in the 12 months to April, reversing a drop of 1.6 per cent in the previous year, according to an annual index of luxury …