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July 13, 2020
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CNBC - Real Estate

Property developers rush to attract Hong Kong residents amid uncertainty over new law

CNBC Real Estate
An event held in Hong Kong for investors interested in U.K. property. Uptin Saiidi | CNBC A lot of the wealthy, wealthy Hong Kongers already have a footprint in the U.K. and they’ve already started some of that displacement of capital or diversification of capital outside of Hong Kong James......
CNBC Business

Barbados is planning to let people stay and work remotely for a year

CNBC
CNBC – For more and to sign up click here Working from home could be about to get a major upgrade, as Barbados Prime Minister Mia Mottley has said her government is considering letting visitors stay and work remotely from the island for a year.  Mottley said lawmakers were looking......
CNBC Business

Joe Biden’s policy roadmap aims to create a new, federally-backed credit bureau to close the racial wealth gap

CNBC
CNBC – For more and to sign up click here Biden, Democrats aim to close racial wealth gap with new credit bureau Source – Click here for more To Return to the Main Aggregate News Page – click here...
CNBC Business

Empty Manhattan apartments reach record levels, landlords slash rent

CNBC
CNBC – For more and to sign up click here A Chelsea Tower rental apartments billboard. Jeff Greenberg | Getty Images The number of apartments listed for rent in Manhattan reached record levels in June, as brokers remained unable to host showings amid the coronavirus pandemic and more renters left......
CNBC Business

Headed to Europe? Here are 5 smaller destinations with fewer crowds

CNBC
CNBC – For more and to sign up click here If you’re dreaming of going abroad this summer, countries in the European Union are gradually reopening their borders to residents of select countries around the world. From July 10, people from England, for example, will be able to go to......
CNBC Business

FBI chief slams Chinese cyberattacks against U.S. calling it ‘one of the largest transfers of wealth in human history’

CNBC
CNBC – For more and to sign up click here FBI Director Christopher Wray arrives for the Senate Homeland Security and Governmental Affairs Committee hearing titled Threats to the Homeland, in Hart Building on Tuesday, November 5, 2019. Tom Williams | CQ-Roll Call, Inc. | Getty Images WASHINGTON — In......
CNBC Business

Companies with Trump ties got coronavirus small business loans

CNBC
CNBC – For more and to sign up click here U.S. President Donald Trump hosts an event on reopening schools amid the coronavirus disease (COVID-19) pandemic in the East Room at the White House in Washington, U.S., July 7, 2020. Kevin Lamarque | Reuters Multiple businesses with ties to President......
CNBC - Real Estate

Op-ed: How the widening wealth gap became color-blind

CNBC Real Estate
Jamie Grill | Getty Images I was raised one and two sentences at a time, my father’s clichés serving up life lessons at the kitchen table, after baseball practice or on the way home from school. He didn’t have the patience for long-winded lectures and couldn’t find his voice after......
CNBC Business

Forget summer: These luxury cabins are right for autumn getaways

CNBC
CNBC – For more and to sign up click here From self-guided fall foliage tours to weekends at the lake, booking a secluded cabin is an easy way to avoid crowds this autumn.  Cabins today come in every incarnation imaginable, from traditional log designs to modern wonders, and in sizes......
CNBC - Real Estate

Manhattan apartment sales worst on record, biggest plunge in 30 years

CNBC Real Estate
A pedestrian stands in front of a Manhattan condominium building in New York. Mark Abramson | Bloomberg | Getty Images Manhattan apartment sales in the second quarter saw their biggest decline in three decades — and the worst quarter on record — as the real estate lockdown and urban flight......
CNBC Business

Billionaires are spending more on political contributions, here are the three biggest spenders

CNBC
CNBC – For more and to sign up click here US President Donald Trump poses with Sheldon Adelson (L) and his wife Miriam Adelson ahead of his sddress ro the Israeli American Council National Summit 2019 at the Diplomat Beach Resort in Hollywood, Florida on December 7, 2019. Mandel Ngan......
CNBC Business

The wealthy are prepping for tax increases with these three strategies

CNBC
CNBC – For more and to sign up click here The wealthy are preparing for tax increases, working with their accountants to give away money or shift their income to avoid some of the impact of higher rates. With rising deficits at the state and federal levels, as government spending......
CNBC - Real Estate

These 4 numbers show the dramatic racial economic inequality in the U.S.

CNBC Real Estate
It’s impossible to think about racial injustice in the U.S. without looking at the distribution of dollars.  In many ways that Americans work to establish themselves financially — through the stock market,  net worth and homeownership — Black families trail White families. “To put it simply, we don’t have a level playing field,”......
CNBC Business

Why Americans shouldn’t be surprised that Europe is blocking them

CNBC
CNBC – For more and to sign up click here The European Commission on Tuesday released its much-anticipated list of countries whose residents will be permitted to travel into the EU starting tomorrow. Who’s in? Residents of Algeria, Australia, Canada, Georgia, Japan, Montenegro, Morocco, New Zealand, Rwanda, Serbia, South Korea,......
CNBC Business

Op-ed: The CARES Act makes it easier to tap your 401(k). Here’s exactly what you need to know before you do

CNBC
CNBC – For more and to sign up click here The Covid-19 pandemic has revealed how close so many Americans are to severe financial insecurity. Over these past four months, millions of American workers have experienced sudden and unexpected losses of their primary sources of income, either temporarily or, for......
CNBC Business

Here’s how much it costs to buy out an entire luxury hotel during the pandemic

CNBC
CNBC – For more and to sign up click here From cleaning robots to canceled breakfast buffets, hotels are pulling out the stops to ensure a safe environment for their guests and staff during the global pandemic.  But what about fellow travelers? Are they healthy, are they wearing masks  —......
TMZ.com

Tiffany Haddish Has Ideas on White Guilt and Redistribution of Wealth

TMZ
Play video content TMZ.com Tiffany Haddish has become a strong voice in the Black Lives Matter movement, and on Friday she mixed in a little comedy to make a point about how to deal with white guilt. Tiffany was outside The Laugh Factory in WeHo Friday afternoon, which was hosting......
CNBC Business

Private jet flights surge on health fears, lower prices

CNBC
CNBC – For more and to sign up click here The private-jet industry is seeing a rapid rebound from the coronavirus crisis, as new customers who had never flown private splurge to avoid the crowds and lines of commercial flying. While commercial traffic is running about 15% to 17% of......
CNBC - Real Estate

Manhattan apartment contracts fall more than 80% in May, Florida surges

CNBC Real Estate
The Stuyvesant Town and Peter Cooper Village private residential development (bottom C) is seen in New York. Shannon Stapleton | Reuters Manhattan apartment deals plunged more than 80% in May from a year ago, while South Florida saw a surge as lockdowns and coronavirus fears continue to weigh on New......

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