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President Biden and family have returned to Nantucket, Massachusetts, to spend the Thanksgiving holiday at a lavish mansion owned by billionaire David Rubenstein.

Katy Perry sold her music catalog to Litmus Records for a whopping $225 million. The singer sold the rights to her five studio albums she recorded with Capitol Records.

Major private equity firms including Apollo and Blackstone are struggling to fundraise as easy money dries up and REITs begin to crumble.

Carlyle Group co-founder David Rubenstein shares money-making tips and insights into successful investors from his new book "How to Invest" at the National Book Festival in Washington, D.C.