High salaries face 50% tax rates while billionaires like Elon Musk pay 23.8%. The tax code treats wage income and wealth ...

The Walton Family Holdings Trust, a majority shareholder (more than 10% owner) of the American big-box retailer Walmart ($WMT ...

In Part II of a three-part series for Saturday’s 9NEWS special, Carrie Walton Penner talks about her family upbringing and ...

The richest dynasty on the planet has not only defended its lead, it has widened the gap in a way that reshapes the global ...

In Part I of a three-part series for Saturday’s 9NEWS quarterly special, Carrie Walton Penner talks about her journey to ...

Walmart has updated its return policy ahead of the holiday season. Under the new rules, most items purchased in-store or online from October 1 through December 31 are returnable until January 31.

The holiday shopping season is in full bloom as retailers start launching Black Friday sales and exclusive deals ahead of the big day. Here's when the Black Friday sales begin at Target and Walmart.

John Furner, the Walmart lifer who was named Doug McMillon’s successor as chief executive, has been leading the U.S. arm of the retail behemoth for several years, a role he stepped into just months ...

Walmart Inc. said Chief Executive Officer Doug McMillon will retire in February and be replaced by John Furner. Furner, 51, was long viewed as an heir apparent for 59-year-old McMillon, running the ...

Social Security is designed to provide income for people who can no longer work. You can start collecting benefits as early as 62, but you will receive the maximum benefit if you wait until turning 70 ...

Alice Walton, heir to the Walmart fortune and the world's wealthiest woman, is on a mission to reimagine medical education with an innovative new school in Arkansas that is welcoming its inaugural ...