$800 for a Credit Card? Why Your Premium Cards Will Cost More.

Credit card companies and airlines are in a race for customers who spend the most money — and that is making it harder for many other customers to score deals and perks.

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Sean Kingston Is Sentenced to 3½ Years in $1 Million Fraud Scheme

A Florida jury convicted the hip-hop artist and his mother in a federal fraud case that centered on luxury goods, which prosecutors said that Mr. Kingston did not pay for.

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The U.S. Is Auctioning a Seized Russian Yacht. Will Anyone Buy It?

The Justice Department said the yacht, Amadea, was worth at least $300 million when it was seized in 2022 from a Russian oligarch. It’s unlikely to sell for that price.

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Why Are Tariffs on Switzerland So High?

President Trump sees Switzerland as doing too little to address its trade deficit with the U.S., a gap he focused on as he imposed a 39% tariff on Swiss goods.

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With Labubus and a Cat Cafe, a Shopping Mall Thrives in New York City

The city’s newest indoor shopping center, in Queens, has defied predictions of the death of the American mall by catering to Asian American shoppers.

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Airport Food Hits a New Height of Luxury

In pursuit of well-heeled fliers, airlines and credit card companies are stocking their elite lounges with caviar, sushi bars and big-name chefs.

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China Sets Steep Duties on European Brandy but Spares Biggest Producers

Major Cognac companies made concessions to avoid the worst of the penalties, imposed by Beijing in retaliation for E.U. tariffs on Chinese electric vehicles.

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Saks Is at a Crossroads, Facing Creditor and Vendor Unease

The luxury retailer made an initial payment to bondholders on time, but six months after it acquired Neiman Marcus concerns about its finances remain.

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With Bezos Wedding, Venice Braces for Love in the Time of Tech Billionaires

The celebration of Jeff Bezos and Lauren Sánchez has divided a city that centuries ago set the standard for opulence.

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French Luxury Giant Kering Taps Auto Executive as Its New Leader

The former chief executive of the carmaker Renault will replace Francois-Henri Pinault as the struggling company seeks a turnaround.

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