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U.S. cities where rents are dropping — and where they're going up: report


Created: Sat, 08 May 2021 13:00:01 GMT

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Here are the U.S. cities where average one-bedroom rent prices are increasing and decreasing the most, according to a new report from Apartment Guide.

Read more: U.S. cities where rents are dropping — and where they're going up: report


Some say Florida could become a major tech and finance hub within a decade. That may be an overstatement.


Created: Sat, 08 May 2021 12:00:01 GMT

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Anecdotal evidence of financial firms and investors moving to Florida hint at exponential growth, but migration data is telling a different story.

Read more: Some say Florida could become a major tech and finance hub within a decade. That may be an overstatement.


Elon Musk: 'Cryptocurrency is promising, but please invest with caution'


Created: Fri, 07 May 2021 14:11:55 GMT

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It's "unwise" to invest too much money in crypto, Elon Musk said. But "if you want to speculate and have some fun" crypto just might be the "future currency of Earth," he says.

Read more: Elon Musk: 'Cryptocurrency is promising, but please invest with caution'


Elizabeth Holmes' lavish lifestyle looms over Theranos fraud case


Created: Thu, 06 May 2021 22:24:54 GMT

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Holmes' ownership stake in Theranos was valued at up to $4.5 billion. Prosecutors say her spending more than kept pace and she was overtaken by her fame.

Read more: Elizabeth Holmes' lavish lifestyle looms over Theranos fraud case


Norwegian Cruise Line CEO says U.S. ships are unlikely to sail this summer, calls CDC guidance 'unfair'


Created: Fri, 07 May 2021 12:51:59 GMT

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Shares of Norwegian Cruise Line fell nearly 7% on Thursday after the company released financial results for the first quarter.

Read more: Norwegian Cruise Line CEO says U.S. ships are unlikely to sail this summer, calls CDC guidance 'unfair'


Will summer see a ‘travel window’ before fall infections rise? Here's what medical experts say


Created: Thu, 06 May 2021 03:13:13 GMT

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Read more: Will summer see a ‘travel window’ before fall infections rise? Here's what medical experts say


Accuracy of Theranos blood tests at heart of Elizabeth Holmes' criminal case


Created: Thu, 06 May 2021 00:41:48 GMT

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Wednesday's hearing was the second day of arguments on what evidence can be permitted and excluded from Holmes' criminal fraud trial, which begins on August 31.

Read more: Accuracy of Theranos blood tests at heart of Elizabeth Holmes' criminal case


Bill and Melinda Gates apparently had no prenup. Here's why you should consider one, ultra-wealthy or not


Created: Wed, 05 May 2021 19:58:14 GMT

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If you're going to get married, it can be worth considering how you and your spouse would each protect your financial interests in case you split up.

Read more: Bill and Melinda Gates apparently had no prenup. Here's why you should consider one, ultra-wealthy or not


It feels like everyone is burned out, and mindfulness isn't enough to help


Created: Wed, 05 May 2021 17:51:20 GMT

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Workers are burnt out from the compounding stressors of the Covid-19 pandemic. The solution requires more than a vacation or mindfulness practice, experts say.

Read more: It feels like everyone is burned out, and mindfulness isn't enough to help


Mark Cuban: The 3 ways Ethereum 'dwarfs' bitcoin


Created: Wed, 05 May 2021 14:39:41 GMT

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"The utilization of Ethereum is much higher," says Mark Cuban. Here's how.

Read more: Mark Cuban: The 3 ways Ethereum 'dwarfs' bitcoin


Elizabeth Holmes back in court for first time in 15 months, putting Silicon Valley culture under scrutiny


Created: Wed, 05 May 2021 00:26:30 GMT

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The hearing featured both sides sparring over critical motions, including how the culture of Silicon Valley influenced Holmes' behavior as CEO of Theranos

Read more: Elizabeth Holmes back in court for first time in 15 months, putting Silicon Valley culture under scrutiny


Still missing a stimulus check? What to know about claiming the funds


Created: Tue, 04 May 2021 21:45:22 GMT

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It's not too late to claim money you're missing from any of the three stimulus checks the government has issued since the Covid-19 pandemic began.

Read more: Still missing a stimulus check? What to know about claiming the funds


The money advice NFL star Jimmy Garoppolo got from his dad: ‘Save your money. Don’t be foolish’


Created: Tue, 04 May 2021 18:50:15 GMT

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NFL star Jimmy Garoppolo's dad, Tony, who retired as an electrician after 40 years, gave the player some simple but important money advice early on.

Read more: The money advice NFL star Jimmy Garoppolo got from his dad: ‘Save your money. Don’t be foolish’


JPMorgan CEO Jamie Dimon says he's still a crypto skeptic: 'I'm not a bitcoin supporter. I have no interest in it'


Created: Tue, 04 May 2021 17:40:53 GMT

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JPMorgan CEO Jamie Dimon is still a crypto skeptic: "I'm not a bitcoin supporter," he said on Tuesday at The Wall Street Journal CEO Council summit.

Read more: JPMorgan CEO Jamie Dimon says he's still a crypto skeptic: 'I'm not a bitcoin supporter. I have no interest in it'


Mega Millions jackpot surges to $370 million. Here are tips for handling the windfall if you win


Created: Wed, 05 May 2021 12:22:07 GMT

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There are some key things that experts say jackpot winners need to consider before doing much of anything.

Read more: Mega Millions jackpot surges to $370 million. Here are tips for handling the windfall if you win


Bill and Melinda Gates just announced their divorce — here's a breakdown of the billionaire's wealth


Created: Tue, 04 May 2021 18:17:32 GMT

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On Monday, Bill and Melinda Gates announced plans to divorce. Though the terms of their separation agreement have not been made public, here's a breakdown of Bill Gates' wealth, according to wealth data company Wealth-X.

Read more: Bill and Melinda Gates just announced their divorce — here's a breakdown of the billionaire's wealth


Sotheby's to accept bitcoin and ether for an upcoming auction of a Banksy painting


Created: Tue, 04 May 2021 20:55:36 GMT

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Sotheby's is partnering with Coinbase to accept bitcoin and ether as payment options in an upcoming auction of a Banksy painting.

Read more: Sotheby's to accept bitcoin and ether for an upcoming auction of a Banksy painting


Venture capitalist Alan Patricof: Capital gains tax hike would not change investor behavior


Created: Mon, 03 May 2021 22:59:07 GMT

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Venture capitalist Alan Patricof told CNBC on Monday that an increase to the capital gains tax rate for wealthy Americans would not change investor behavior.

Read more: Venture capitalist Alan Patricof: Capital gains tax hike would not change investor behavior


Wealthy may face up to 61% tax rate on inherited wealth under Biden plan


Created: Tue, 04 May 2021 16:23:33 GMT

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As part of his American Families Plan, Biden is proposing to nearly double the top tax rate on capital gains and eliminate the "step-up in basis."

Read more: Wealthy may face up to 61% tax rate on inherited wealth under Biden plan


What you need to know about Greg Abel — Warren Buffett’s successor at Berkshire Hathaway


Created: Mon, 03 May 2021 19:24:02 GMT

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Warren Buffett confirmed that Gregory Abel, a 59-year-old Berkshire Hathaway Vice Chairman, is set to be his successor once the investing icon is ready to retire as Berkshire's CEO and chairman.

Read more: What you need to know about Greg Abel — Warren Buffett’s successor at Berkshire Hathaway


U.S. retailers scramble to crack the code on livestream shopping events


Created: Mon, 03 May 2021 22:01:48 GMT

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Amid the Covid pandemic-fueled rise in online commerce, retailers from Bloomingdale's to Petco are giving livestream shopping a more serious look in the U.S.

Read more: U.S. retailers scramble to crack the code on livestream shopping events


3 investing lessons Warren Buffett shared at the 2021 Berkshire Hathaway meeting


Created: Mon, 03 May 2021 16:20:29 GMT

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Warren Buffett shared some words of wisdom for new investors and day traders during the annual Berkshire Hathaway meeting on Saturday.

Read more: 3 investing lessons Warren Buffett shared at the 2021 Berkshire Hathaway meeting


Leon Cooperman: 3 things wealthy people shouldn't do and 1 thing they should


Created: Mon, 03 May 2021 17:14:06 GMT

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Billionaire investor Leon Cooperman discusses why he prefers charitable giving.

Read more: Leon Cooperman: 3 things wealthy people shouldn't do and 1 thing they should


Here's a complete list of destinations opening to vaccinated travelers


Created: Fri, 07 May 2021 08:24:57 GMT

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More places are easing travel restrictions for vaccinated travelers, with some set to require inoculations from all travelers by the summer.

Read more: Here's a complete list of destinations opening to vaccinated travelers


Palantir CEO Alex Karp earned cash and stock worth $1.1 billion last year


Created: Fri, 30 Apr 2021 03:20:38 GMT

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A month before Palantir went public last year, CEO Alex Karp was granted stock and option awards that vest quarterly through August 2032.

Read more: Palantir CEO Alex Karp earned cash and stock worth $1.1 billion last year


Biden wants to raise $1.5 trillion by taxing the rich. Here's how


Created: Thu, 29 Apr 2021 21:00:48 GMT

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President Joe Biden's American Families Plan would raise taxes on the top 1%. It would increase the levy on their capital gains and ordinary income.

Read more: Biden wants to raise $1.5 trillion by taxing the rich. Here's how


Facebook co-founder says free markets are a myth, U.S. needs new capitalism so everyone can prosper


Created: Wed, 28 Apr 2021 21:19:38 GMT

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Facebook co-founder Chris Hughes told CNBC on Wednesday the U.S. needs to create a new version of capitalism that delivers broad economic prosperity.

Read more: Facebook co-founder says free markets are a myth, U.S. needs new capitalism so everyone can prosper


Kevin O'Leary: Ethereum is valuable but 'it's always going to be No. 2' to bitcoin


Created: Wed, 28 Apr 2021 16:53:07 GMT

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"Bitcoin will always be the gold. Ethereum will always be the silver – it's always going to be No. 2," investor Kevin O'Leary says.

Read more: Kevin O'Leary: Ethereum is valuable but 'it's always going to be No. 2' to bitcoin


How Biden's capital gains proposal may hit middle-class home sellers in red-hot markets


Created: Thu, 29 Apr 2021 18:55:29 GMT

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President Biden is proposing a capital gains tax increase for households making over $1 million. The change may also impact home sellers.

Read more: How Biden's capital gains proposal may hit middle-class home sellers in red-hot markets


Robert Johnson calls on firms to put voting rights energy into capital access for Black Americans


Created: Tue, 27 Apr 2021 15:15:23 GMT

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"Voting rights without access to capital to build wealth is, in my opinion, an empty cup," BET founder and entrepreneur Robert Johnson told CNBC.

Read more: Robert Johnson calls on firms to put voting rights energy into capital access for Black Americans

 
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