Art funds let you own a share of a portfolio. Some funds have bested the S&P 500.
There are plenty of ways to cut spending, but without raising taxes for the super rich, the deficit won't get any smaller
The IRS is offering partial amnesty for Americans who report previously undisclosed Swiss bank or other foreign bank accounts.
Switzerland says it has returned more than $1.5 billion over the past 20 years, but money laundering continues on a grand scale. 'It's like untying the Gordian knot,' says a former Department of Justice official.
Cayman Islands: Crews carefully flooded the rusty hulk so the 2,200-ton ship would settle upright. Holes were punched in the hull and large pumps gradually piped sea water into the ship, which was compartmentalized into three sections.
The $7.2 billion from the estate of philanthropist Jeffry Picower represents the largest forfeiture in US history. So far, $9.8 billion has been collected on behalf of Bernard Madoff victims – nearly half the $20 billion that investors lost.
Tropical Storm Nicole struck central and eastern Cuba on Wednesday and is heading toward the Bahamas.
Hurricane Igor could weaken and be over Bermuda by Sunday, forecasters say. But the path could change.