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One of the billionaire heirs to the Lego fortune has sold shares in the company's family firm for about $930 million, or 6.32 billion kroner. Sofie Kirk Kristiansen, 47, is the great-granddaughter of founder Ole Kirk Kristiansen, who established the Danish toymaker in 1932, and a close friend of Princess Mary of Denmark. Sofie sold 4 million shares in company Kirkbi A/S, which controls 75 percent of The Lego Group, for about 158,000 kroner a piece, according to a filing with the Danish company register reported by Bloomberg.

Borrowers in Maryland are facing the highest student debt, at an average of $43,116, according to data from higher education organization Degree Choices. Maryland residents owe almost 44 percent more than those living in North Dakota, who have the lowest debt owed, at an average of $30,000 per borrower. Degree Choices analyzed data from the Office of Federal Student Aid - while also considering each state's average cost of college, typical earnings of bachelor's degree graduates and the percentage of the population with a degree. Around 44 million Americans owe a combined $1.7 trillion in student debt, according to the Federal Reserve.

Tax season may not officially start until 2024, but there are still plenty of tax-saving steps which can be taken before December 31. Federal tax returns and payments are due on April 15, 2024. If you are hoping to shrink your bill before the April deadline or receive a bigger refund, experts urge taxpayers to utilize planning strategies sooner rather than later. Some benefits are subject to a 'use-it-or-lose-it' rule, which means they must be taken advantage of before the end of the year or they will be lost forever.

Prices increased 0.7 percent from August, according to the S&P CoreLogic Case-Shiller US National Home Price Index - the leading measure of US house prices. It means year-on-year properties have gone up by 3.9 percent, the Case-Shiller data showed. It is an acceleration on price rises from August, when the average US home went up by 2.6 percent year on year. Mortgage rates climbed above 7 percent in September , and historically low inventory pushed up prices. Home prices also shot to all-time highs in Atlanta, Boston, Charlotte, Chicago , Cleveland, Detroit, Miami, New York, Tampa, and Washington, the data revealed.

Eye-watering rates which peaked at almost eight percent last month mean divorced couples are now facing the prospect of forking out hundreds or in some cases thousands more dollars per month simply to get away from their ex partner. Soon-to-be-divorced couple Danielle and Michael Tantone (pictured left) opted to stay in their Mesa, Arizona home (pictured right) for months after their split because neither could afford to buy it out.

Investment titan Charlie Munger, the longtime business partner of Warren Buffett, died on Tuesday aged 99. Berkshire Hathaway, the firm which the pair ran, announced he had passed away 'peacefully' in a California hospital. Here are the core tenets of his investment philosophy. Although sometimes deemed contentious, they made him one of the most successful investors in American history. Earlier this year, he was worth an estimated $2.6 billion, according to Forbes - having earned a large fortune even before he teamed up with Buffett in the 1960s - but most of his financial wisdom is simple, clear and valuable for everyday investors.

A new poll has revealed how much money each age group needs to be happy - with millennials reporting an average salary of half a million dollars each year. About six in 10 Americans believe money can buy happiness, according to a poll from financial services firm Empower. Median household income in the United States is about $74,000 annually, but respondents said they'd need to earn roughly $284,000 each year to feel content. The majority of respondents said the ability to pay bills on time and live without debt contributes tremendously to their overall satisfaction.

During the years of Covid-19 lockdowns, demand surged for designer handbags, precious jewelry, fine wines and pre-owned timepieces as stuck-at-home shoppers found themselves with excess capital to splurge on luxury goods. But as interest rates hover at 22-year highs amid lingering inflation, and households are increasingly feeling the pinch, the luxury surge seems to be slowing - and bringing down the value of items with it. The price of used Rolex and Patek Philippe watches fell to fresh two-year lows last month amid rising supply and waning demand. Prices for wholesale polished diamonds have tumbled by around 20 percent this year, according to Bloomberg. Amid the global slowdown, is now the time to scoop up luxury assets while they're cheap?

Motorists are thought to be losing around 600,000 catalytic converters to thieves each year. But have they ever wondered just where the devices end up? For years, mystery has shrouded widespread theft of the car parts - which are designed to reduce the amount of harmful pollutants a vehicle emits and made from precious metals such as rhodium, platinum and palladium. A new investigation has dismantled the billion-dollar theft epidemic of catalytic converters which are stolen by crime rings, recycled and sold back to the very people who produce the devices for carmakers. It results in an endless cycle of metals being mined and sold to auto suppliers only to be stolen by thieves, recycled and sold back to metal refiners.

Travelers heading home for the holidays will finally have some respite from ultra-expensive airfares this year as prices have plummeted, new data shows. The cost of a domestic flight this Thanksgiving is $248, down 9 percent on last year and 10 percent from 2019, according to travel app Hopper. For Christmas, Americans face paying $313 for a domestic flight on average, a fall of 18 percent from last year and 15 percent below 2019 prices. Inflation figures from the US Bureau of Labor Statistics released today observed a similar trend. The cost of airfare fell by 13.2 percent between October 2022 and October 2023, the data shows.