Wealth

Hangzhou in China is one of the cities where wealth has grown the fastest in the past decade, a new report says. Zhuzhu | Istock | Getty Images Despite recession concerns and market turbulence, wealth is growing in some parts of the world — and at times, significantly so, according to a new report by

At 24 years old, Jalen Hurts has become the highest paid player in National Football League history, the Philadelphia Eagles announced on Monday. The quarterback signed a five-year extension contract with the Eagles for $255 million. He’ll be paid $51 million yearly, according to ESPN. That makes it the biggest contract in terms of average

Gen Zs aren’t easing into the travel market — they are exploding into it. Despite their youth and comparatively low income, more than half of American Gen Z adults are frequent travelers, having taken three or more leisure trips in the past year, according to the data research company Morning Consult. That’s because traveling is

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. Equities fall Buy Wells Fargo Watch Estee Lauder 1. Equities fall on profit taking Stocks edged lower in midmorning trading Friday but remained on track for weekly gains after a

In this article ANET Follow your favorite stocksCREATE FREE ACCOUNT Sompong_tom | Istock | Getty Images The rise of ChatGPT has sparked another national conversation about artificial intelligence. Depending on your viewpoint, the bot is either the key to making a host of companies and their workers more efficient, or it’s a slippery slope toward

The luxury watch market is well-positioned to avoid a crash as tight supply and a new generation of young collectors drive demand, according to the CEO of Audemars Piguet. Luxury watch prices on the secondary market fell 8% last year, with some top models falling more than 20% from their peak, according to WatchCharts. Experts

First-quarter earnings season is about to kick off, and investors should be prepared to be inundated with endless headlines, news stories and analyses — some more useful than others — about a myriad of companies. While our general focus is on the 35 stocks currently in Jim Cramer’s Charitable Trust, the reality is that any

Bill Gates has four science books he recommends to “anyone who wants to understand the weather and how it’s affected by climate change” — and you don’t need a science background to understand them.  In a recent blog post, the billionaire shared a list of 25 books he started reading in 2008 as he transitioned

When Bethenny Frankel joined the cast of “The Real Housewives of New York City,” she had no business savvy and no money, she says — but she knew when a contract didn’t feel right. The reality TV alumna, who later founded the Skinnygirl lifestyle brand and became a self-made millionaire entrepreneur, agreed to a payment

mediaphotos | E+ | Getty Images Most Americans will use their tax refund to bolster their finances amid economic uncertainty, stock market volatility and lingering inflation.   More than one-third of Americans are saving their tax refund this season and 44% have earmarked the funds to pay off debt or bills, according to the CNBC

To recline or not to recline your seat? The position in which you fly — and how fervently you feel about the topic — may depend on where you’re from. Survey results released Monday show that the degree to which passengers found certain behaviors to be “unacceptable” on flights varies by region. The survey of

Lamborghini’s quick sellout of its new $600,000 hybrid supercar is proof that wealthy car buyers are still spending, according to the CEO. Lamborghini already has a waiting list and two years worth of orders for the Revuelto, its first ever plug-in hybrid that was launched last month, CEO Stephan Winkelmann told CNBC. The orders come

For the past year, it’s been harder and more expensive for Russians to travel abroad. But some say that’s only the beginning of their concerns. With anti-Russian sentiment on the rise, several Russian citizens spoke to CNBC Travel about their worries, how they’re treated when they travel, and what goes through their minds when people

If you think that raising capital is the best way to get your business off the ground, you’re wrong, according to Mark Cuban. You should actually do the complete opposite, the billionaire entrepreneur said during a panel at SXSW last month, and opt to start a business “with as little money as possible.” Cuban, of

Since Tim Cook became CEO of Apple, he’s worked to cement his own legacy — but he still admires his predecessor Steve Jobs’ leadership style. “I knew I couldn’t be Steve [when I became CEO],” Cook, 62, told GQ on Monday. “I don’t think anybody could be Steve. I think he was a once-in-a-hundred-years kind

Before becoming a billionaire, Mark Cuban slummed it in an apartment with five other guys, sleeping on the floor and using “nasty” towels taken from a Motel 6. Those circumstances may seem pretty bleak, but they’re exactly what drove Cuban to put his all into entrepreneurship. “When your back’s against the wall, you’re sleeping on

If you’ve heard a lot of pro-AI chatter in recent days, you’re probably not alone. AI developers, prominent AI ethicists and even Microsoft co-founder Bill Gates have spent the past week defending their work. That’s in response to an open letter published last week by the Future of Life Institute, signed by Tesla CEO Elon

Michael Jordans 1998 NBA Finals Air Jordan XIIIs sneakers are displayed during a press preview in New York on April 6, 2023 at Sothebys for the upcoming auction Victoriam, a special two-part curated collection of sports artifacts. Timothy A. Clary | AFP | Getty Images Michael Jordan’s shoes from Game 2 of the 1998 NBA

Barbara Corcoran doesn’t gravitate toward confident people. Instead, she wants to work with people who have ideas and insecurities — because someone who knows what they don’t know is more likely to succeed than someone who thinks they have all the answers. “The more successful someone is, the more self-doubt they have, because that’s what

Guests attend a pool party in a penthouse apartment in New York. Michael Nagle | Bloomberg | Getty Images Manhattan real estate sales fell 38% in the first quarter, as buyers and sellers battled over prices and mortgage rates remained volatile, according to new reports. Total sales volume fell to $4.4 billion in the quarter,