Fed lowers bond-buying program. Climate change to cost dearly: billionaires. Climate change will cost the U.S. economy dearly in the form of property damage, lost output and even deaths, a nonpartisan group backed by a trio of some of the heaviest …

That's because the people singing in Sandler's bid to enter the Guinness Book of World Records database include Russian Jewish billionaires whose time is a pretty expensive commodity. Still, they convened on Tuesday at the request of the Russian Jewish …

Asia's crisis deals a major blow to the Tiger economies as all Thai billionaires are wiped off the list. Bill Gates hits an all-time high net worth of $92.5 billion on December 27. Fashion tycoon Georgio Armani makes his debut on the billionaire's list …

SHANGHAI — A Chinese billionaire has announced plans to invite 1,000 impoverished Americans for a meal in Central Park in an attempt to show fellow tycoons that there is more to life than “luxury goods, gambling and prostitution.” Chen Guangbiao, a …

KIEV, Ukraine — Exit polls suggested candy tycoon Petro Poroshenko was elected president Sunday in the first round of balloting in the bitterly divided country, and he vowed “to bring peace to the Ukrainian land.” The billionaire who supports strong …

The report was sponsored by media mogul and former New York City Mayor Michael Bloomberg, billionaire environmental activist Tom Steyer, and ex–Goldman Sachs chief and former U.S. Treasury Secretary Hank Paulson. It's another attempt to grab the …

NEW YORK (AP) — Climate change is likely to exact enormous costs on U.S. regional economies in the form of lost property, reduced industrial output and more deaths, according to a report backed by a trio of men with vast business experience. The …

The latest wave of billionaires rushing to secure their cash in London property is coming from India, suggests research by posh estate agent Wetherell. Indian investors have put £1bn into London's property market over the last 18 months, making them …

Andy Warhol s 1986 self-portrait wearing a fright wig sold for $32 million on the booth of Skarstedt Gallery at Art Basel on Tuesday. The American pop artist once said: I paint pictures of myself to remind myself that I m still around. Photo: Bloomberg …