Mentors can help you succeed. They can also show you how to fail. That’s the mark of a great advisor, says “Shark Tank” star and FUBU founder Daymond John. The topic is divisive: While his on-screen colleague Mark Cuban says he’s never personally been a “big mentor guy,” John tells CNBC Make It that over

Valeriy_G | iStock | Getty Images If you have a big wad of cash to invest, you may wonder whether you should put all of it to work immediately or spread out over time. Regardless of what the markets are doing, you’re more likely to end up with a higher balance down the road by

Billionaire investor Mark Cuban is bullish on the growth of DeFi, or decentralized finance, applications, and thinks that they will pose a challenge to traditional banks. To him, the “foundational DeFi benefit is that it simplifies borrowing for personal purposes,” Cuban tweeted on Thursday in response to a debate about DeFi. “It’s a hassle to

At 52, Jennifer Lopez has done what only a few have accomplished: Since the late 1980s, she has successfully built careers as an actress, musician, entrepreneur and businesswoman. The key to her business acumen and brand-building sense, she says: emphasizing the unique qualities she brings to the table and being resilient. “It’s about being the

In this article PFE Vaccine mandates trickled into the U.S. travel sphere last winter, picked up steam in the spring and hit fever pitch over the summer. Vaccine shots are now necessary to eat in cafes in France, to see a Broadway show in New York City and soon, to fly commercially in Canada. Though

Former U.S. Secretary of Defense James Mattis on September 03, 2019 in New York City. Steven Ferdman | Getty Images SAN JOSE, CALIF — Former U.S. Defense Secretary General James Mattis testified on Wednesday that as a board member at Theranos he was “frankly amazed” at what was possible at first but later became disillusioned

In this article FB AMZN GOOGL Google’s $2.1 billion deal to buy a Manhattan office building adds to the rapid growth of Silicon Alley, despite the growth of remote work and a decline in the New York office market. Google is buying the former St. John’s Terminal on Manhattan’s West Side, expanding its footprint downtown.

Elizabeth Holmes, founder of Theranos Inc., exits federal court in San Jose, California, on Tuesday, Aug. 31, 2021. David Paul Morris | Bloomberg | Getty Images SAN JOSE, CALIF. — The first patient to take the stand in trial of former Theranos CEO Elizabeth Holmes said that the company’s blood test inaccurately showed she was

Elizabeth Holmes, CEO of Theranos, attends a panel discussion during the Clinton Global Initiative’s annual meeting in New York, September 29, 2015. Brendan McDermid | Reuters SAN JOSE, CALIF. – A former Theranos scientist testified Friday that Elizabeth Holmes pressured her to validate blood test results from the company’s Edison machine to speed up a

As U.S. regulators narrow their focus on crypto markets, billionaire investor Mark Cuban predicts that stablecoins “will be the first to get regulated.” “Why? The variance in the definition by product,” he tweeted Thursday. Stablecoins are cryptocurrencies that are meant to be pegged to a reserve asset, such as gold or the U.S. dollar, to

In this article QAN-AU DAL A study conducted earlier this year shows there may be a way to reduce the number of Covid infections on board commercial airplanes to virtually zero. Results of the study appeared in a peer-reviewed article published on Sept. 1 in the Mayo Clinic Proceedings medical journal. The article — a

The subject of additional regulation in the crypto space has been especially buzzy lately, and on Tuesday, Gary Gensler, chairman of the Securities and Exchange Commission, told the Senate Banking Committee that the SEC is working overtime to create a set of rules for crypto markets to protect investors, among other things. In response, both

If you’re anything like me, you got into debt because you were trying to become a better version of yourself.  My story starts with humble beginnings. Both of my biological parents were unsuitable to raise me due to drug addiction and I was immediately placed into foster care at birth. After going through the foster

mphillips007 | iStock Unreleased | Getty Images With Mega Millions and Powerball jackpots both topping $400 million, there are likely a lot of players daydreaming about how they’d spend such a windfall. They also may want to think about what to do as a winner before the money actually reaches them. That is, there would

Theranos founder Elizabeth Holmes arrives at Robert F. Peckham U.S. Courthouse for opening arguments in her trial, in San Jose, California, September 8, 2021. Peter DaSilva | Reuters SAN JOSE, CALIF. – Elizabeth Holmes was the founder and face of Theranos, but when it came to the company’s laboratory, she relied on her highly qualified

NICHOLAS KAMM | AFP | Getty Images The uber rich may be cheering House Democrats’ proposed tax reforms on investment income relative to the Biden administration’s earlier plan. The White House called for a 39.6% top federal tax rate on long-term capital gains and dividends — nearly double the current 20%. Long-term capital gains tax

LightFieldStudios | iStock | Getty Images Two-thirds of wealthy business-owners accelerated their plans to retire or sell their business during the Covid pandemic, according to a new survey, reflecting the new psychological and financial landscape for business. Fully 66% of high-net-worth business owners said the pandemic pulled forward their plans to sell their business or

Elizabeth Holmes, founder and CEO of Theranos, arrives at the federal courthouse for jury selection in her trial, Tuesday, Aug. 31, 2021, in San Jose, Calif. Nic Coury | AP SAN JOSE, Calif. — In public, Elizabeth Holmes was dubbed the next Steve Jobs on the cover of Inc. magazine in 2015, but in private

Drew Angerer | Getty Images News | Getty Images Households earning $1 million or more would see their taxes rise by almost 11%, on average, in 2023 due to reforms proposed by House Democrats, according to Joint Committee on Taxation estimates published Tuesday. They’d pay an extra $96,000 that year, and their average tax rate

Today, Jessica Alba’s Honest Company is a publicly traded company valued at nearly $1 billion. But when the “Dark Angel” actress decided to launch her consumer goods start-up in 2012, she was met with plenty of doubters — including herself. In the years since, she’s had to work to combat the naysayers, developing a strategy

Ferris wheels were once the center of the town fair. Now they are key parts of major metropolitan skylines. But none can top the heights of the Ain Dubai — meaning “Dubai Eye” in Arabic — which is scheduled to open on Oct. 21.  With a height of 820 feet, it will be the tallest

Self-awareness is an important workplace trait — and, as CNBC’s Shepard Smith says, a potentially double-edged sword. “I am not here to be your token,” Smith recently said at the Association of LGBTQ Journalists 2021 National Convention. “I don’t want to be the gay journalist, I want to be the journalist who is gay.” Smith,

The word “taxes” is seen engraved at the headquarters of the Internal Revenue Service (IRS) in Washington, D.C., U.S., May 10, 2021. Andrew Kelly | Reuters Top earners in New York City could face a combined city, state and federal income tax rate of 61.2%, according to plans being proposed by Democrats in the House

Since retiring from the NBA in 2011, Shaquille O’Neal has reportedly amassed a net worth of more than $400 million. But the Basketball Hall of Famer says he’s steering clear of one popular investing strategy: cryptocurrencies. “I don’t understand it,” O’Neal tells CNBC Make It. “So I will probably stay away from it until I

What a difference a year can make. Last September, the travel industry agonized over a dearth of Christmas bookings. This September, some hotels are already fully booked for the holiday season.   People are reserving their Christmas vacations earlier this year, despite an unsettling rise in Covid-19 infections caused by the highly contagious delta variant.

Theranos founder Elizabeth Holmes and her partner Billy Evans leaves the Robert F. Peckham U.S. Courthouse after the delivery of opening arguments in her trial, in San Jose, California, September 8, 2021. Peter DaSilva | Reuters When you hobnob with celebrities and titans of society, you need good jewelry. And former Theranos CEO Elizabeth Holmes

Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, California, on Tuesday, Aug. 31, 2021. David Paul Morris | Bloomberg | Getty Images The fraud trial of former Theranos CEO Elizabeth Holmes came to a grinding halt when a juror disclosed to the court that he had been potentially exposed

Signage outside the Internal Revenue Service (IRS) headquarters in Washington, D.C. Bloomberg | Bloomberg | Getty Images The top 1% of Americans may be dodging as much as $163 billion in annual taxes, according to a report from the U.S. Department of the Treasury.  This estimate widens the so-called tax gap — the shortfall between

To reach NBA legend Shaquille O’Neal’s level of success, both on and off the court, you need to adopt the right mindset. That’s according to the Hall of Famer himself. “Of course, you have to have a little bit of talent — but if you have a certain mindset, nothing can stop you,” O’Neal tells

Sotheby’s Art Auction: Mark Rothko’s #7 (L), and Andy Warhol’s Nine Marilyns (R). Courtesy: Sotheby’s After years of legal wrangling and Covid delays, the storied art collection of real estate tycoon Harry Macklowe and his ex-wife Linda Macklowe is headed for auction at Sotheby’s, and could fetch more than $600 million. The collection, which includes