Web
News
Trump Tariff Impact: New Fees Could Raise Prices, Cost Americans $2,400 Per Year
4+ mon, 2+ week ago (416+ words) President Donald Trump's latest tariff rollout is expected to result in higher prices for American consumers, a new Yale University analysis found Wednesday, projecting the president's tariff policy could cost U.S. households an extra $2,400 this year should new tariffs on copper and on foreign countries' goods take effect and stay in place. Yale's Budget Lab released an updated analysis projecting the impact of Trump's tariff policy, which takes into account all tariff announcements through Wednesday, including new tariff rates on countries like Brazil, Japan and South Korea and the planned 50% tariff on copper imports. The overall combination of Trump's various tariffs will balance out to an 18% effective tariff rate on U.S. consumers'assuming the announced tariffs take effect and stay in effect'which the analysis notes would be the highest effective tariff rate since 1934. Trump's tariffs could cause a 1.8% increase in prices in the…...
Forbes Unveils 2025 Forbes 400 Ranking Of Richest Americans
2+ mon, 3+ week ago (387+ words) NEW YORK " September 9, 2025 " Forbes today unveils its 44th annual Forbes 400 list, the definitive ranking of the wealthiest Americans. Elon Musk remains in the top spot for the fourth year in a row, worth $428 billion'the first person worth more than $400 billion on The Forbes 400. He's followed by Larry Ellison in the number two spot, which he has taken from Jeff Bezos (No. 4), who held the runner-up ranking for the past three years. Mark Zuckerberg ranks No. 3. President Donald Trump (No. 201) rises 118 spots in the ranks this year, during the first year of his second presidential term, after returning to The Forbes 400 list last year. Trump has an estimated net worth of $7.3 billion, up from $4.3 billion last year, as his lucrative foray into cryptocurrency has added ten figures to his fortune. "It's been a year unlike any we've seen in the four decades…...
Forbes Hosts First-Ever Forbes Impact Summit
2+ mon, 1+ day ago (223+ words) The Summit opened with a stirring performance from Sing Harlem! before Lane welcomed participants into a day of intimate conversations. A keynote conversation with Charles Koch and Brian Hooks of Stand Together explored how private-sector levers can accelerate change, culminating in Koch receiving the Forbes 400 Lifetime Achievement Award for Philanthropy. In rapid-fire sessions, participants heard from: Geoffrey Canada, President & Founder of Harlem Children's Zone, joined investor Stanley Druckenmiller in conversation with Steve Forbes about the future of education, followed by Forbes CEO Sherry Phillips presenting the Forbes 400 Lifetime Achievement Award for Social Entrepreneurship to Canada. The afternoon turned to Next-Gen Stewardship and Succession, featuring: The day concluded with the Forbes Philanthropy Roundtable, moderated by Randall Lane, where participants around the room exchanged lessons on legacy, mentorship, and building sustainable models of giving. The second day of the Summit brought practitioners…...
Methodology: Forbes Top CPAs In America, 2025
2+ mon, 1+ week ago (360+ words) Overview and description of the methodology used to determine the Forbes 2025 list of Top CPAs in America. Methodology: Forbes Top CPAs In America, 2025 he annual recognition by Forbes of America's finest CPAs'whether in our annual Top CPAs list or Best-in-State CPAs list'is designed to highlight the finest in the profession: CPAs with impressive track records in their specialties, who have broken barriers to emerge as leaders in their fields, have contributed to advancing the CPA profession, and have given back to society. They come from a variety of backgrounds, specializations and geographic regions, from the profession's Big Four to one-owner firms. And as with all Forbes lists, this recognition is based on a rigorous, multi-stage process of editorial research and evaluation, and no fee or payment of any kind is required for candidates to be considered or selected. To do…...
Forbes 250: Celebrating A Nation Of Problem-Solvers, Mavericks And Risk-Takers—Where Hustle, Reinvention And Meritocracy Rule
4+ mon, 3+ week ago (173+ words) Six tenets of the American Dream: Regardless of background, race or class, everyone should have the chance to succeed. While outcomes should not be equal, America works when everyone rightly believes they have a fair shot at the best outcomes. How can we ensure a level playing field, a prerequisite to American Dream buy-in, with a specific focus on education? How do we keep the economy thriving for small business, and guard against monopolies and trusts? As a nation of immigrants and a brand (Forbes) built by immigrants, how do we create a system that attracts and melds the best-and-brightest in the world to continue that momentum? How does America continue to embody the spirit of the iconic Thomas Edison, continuing to fuel homegrown innovations and technologies that move the world forward? How do we strengthen America as a land…...
World Of Forbes: Stories Of Entrepreneurial Capitalism Across Our 49 International Editions
5+ mon, 2+ week ago (94+ words) Across the planet, our 49 licensed editions span six continents, 81 countries and 31 languages. They all share the same mission: celebrating entrepreneurial capitalism in all its forms. "As a parent, one tries to convey gratitude for being alive, for effort, for virtues, honoring it with work, building something beyond oneself, not being arrogant and assuming social responsibility with community service." Alejandro Baccarat for Forbes Argentina "A building is not just infrastructure, but also the value it brings to the people who use it every day." Yi'it G'ocak (right) and Ali Y'lmaz...
Forbes | SHOOK’s 2025 Top Advisor Summit To Feature Mark Cuban And Robert F. Smith, Convening America’s Top Wealth Advisors
2+ mon, 4+ day ago (187+ words) The Ninth Annual Event Will Bring Together America's Most Distinguished Wealth Advisors and Industry Leaders in Las Vegas on October 14-17, 2025 Attendees will have the chance to hear from some of the most powerful minds in finance as they discuss strategies, trends and the inside track on wealth management. On-stage discussions will touch on a wide range of topics from investment outlooks and alternative markets to advanced planning and future practice models. Every year the Forbes | SHOOK Top Advisor's Summit raises around $1.5 million to save children's lives by funding life-saving pediatric cancer treatments. This year, the Summit will raise funds for a brain tumor treatment with Children's Cancer Research Fund. The Forbes | SHOOK Top Advisor Summit includes Premier Partner: Invesco QQQ; Platinum Partners: AQR and Manulife John Hancock Investments; and Title Partners: J.P. Morgan Asset Management, Grayscale Investments, Capital Group American Funds,…...
Forbes Launches Inaugural Top CPAs In Valuation
6+ mon, 1+ week ago (265+ words) Forbes Seeks Nominations for its Inaugural "Best in State CPAs" Recognition. Forbes Launches Inaugural Top CPAs In Valuation Forbes Seeks Nominations for its Inaugural "Top CPAs in Valuation" Recognition Forbes is announcing the opening of nominations for our inaugural list of Top CPAs in Valuation, a recognition designed to highlight this year's most exceptional, practicing CPAs providing valuation services throughout America. Our aim is to identify the practicing CPAs who have demonstrated remarkable expertise and achieved the Accredited in Business Valuation (ABV) or Certified Valuation Analyst (CVA) credential in the valuation specialization. We are particularly interested in CPAs who have made their mark in their career, for their profession and serving the public interest. To do so, Forbes has developed a thorough methodology for identifying, vetting, and selecting candidates. As an integral part of this process, we are seeking recommendations…...
The Team That Makes Forbes Look Good
1+ mon, 3+ week ago (135+ words) A Look behind the scenes of what is takes from our design team to bring Forbes Magazines and our online stories to life. The Team That Makes Forbes Look Good It's worth it. Forbes thrives by producing premium journalism that people trust'and at a time of commoditized content, world-class visuals buttress that quality assurance. "The philosophy is clarity, integrity'and innovation," says Forbes creative director Alicia Hallett-Chan, who trained under Milton Glaser and Walter Bernard and has overseen Forbes' design across its myriad editorial platforms since 2020. For the print magazine, we add yet another level, enlisting the Warren Buffett of magazine design, 50-year veteran Robert Priest, and his talented longtime partner Grace Lee. Yes, beauty requires a lot of cost and effort. We think our audiences deserve nothing less....
Larry Page Passes Larry Ellison Becoming World’s Second-Richest
6+ day, 8+ hour ago (199+ words) Ty Roush is a New York City-based breaking news reporter who frequently covers Russia's invasion of Ukraine, the automotive industry and sports money. He joined Forbes in 2022 and has covered Exxon acquiring Pioneer for nearly $60 billion, a mysterious respiratory illness affecting dogs across the U.S. and the challenges against transgender health care. Before joining Forbes, he covered the Black Mountain, North Carolina community for the Asheville Citizen Times. Ty earned his bachelor's degree in journalism from Auburn University and his master's degree in journalism from Northwestern University. Email him at [email protected]. Larry Page Becomes No. 2 Richest'Bumping Larry Ellison'As Alphabet Shares Rally Google cofounder Larry Page passed Oracle's Larry Ellison on Monday to become the world's second-richest person, as parent firm Alphabet's stock continued a weekslong rally fueled by AI momentum. Shares of Alphabet advanced 5.8% to around $317 as trading opened Monday, following…...