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How I lowered my rent by 20% during Covid-19—and what experts say about negotiating with your landlord


Created: Mon, 03 Aug 2020 17:05:13 GMT

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With a pending eviction crisis on the table, both renters and landlords are on edge. But there may be a silver lining for some tenants who have their leases up for renewal.

Read more: How I lowered my rent by 20% during Covid-19—and what experts say about negotiating with your landlord


Snap CEO Evan Spiegel: The Covid-19 pandemic has 'laid bare the tremendous inequity in American society'


Created: Mon, 03 Aug 2020 15:26:14 GMT

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"You see Black or Latinx people in our culture are dying at higher rates, and you see that the economic impact of Covid disproportionately impacts those people who are also dying at higher rates," Snap co-founder Evan Spiegel said on the "How Leaders Lead with David Novak" podcast. "You see the backdrop of racism that persists in our country today exacerbated by this situation."

Read more: Snap CEO Evan Spiegel: The Covid-19 pandemic has 'laid bare the tremendous inequity in American society'


Magic Johnson used to own movie theaters—now, 'I don't know how they come back'


Created: Mon, 03 Aug 2020 15:23:49 GMT

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NBA legend Magic Johnson used to co-own and operate movie theaters in underserved communities across the country. Now he's concerned about the future of movie theaters amid the Covid-19 pandemic. "I love the movie-going experience. I don't want to watch movies [at home].... But now my wife and I, we got to rethink that," Johnson says.

Read more: Magic Johnson used to own movie theaters—now, 'I don't know how they come back'


Trump returns to the Hamptons for fundraising swing as Biden closes the cash gap


Created: Mon, 03 Aug 2020 22:54:50 GMT

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President Trump is returning to the Hamptons this week for a fundraising blitz as Joe Biden gains ground in building his own campaign war chest.

Read more: Trump returns to the Hamptons for fundraising swing as Biden closes the cash gap


The real story about getting rich by investing in gold, cryptocurrency and IPOs


Created: Mon, 03 Aug 2020 12:53:40 GMT

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When times feel uncertain, watch out for the recommendations to buy gold or assets supposedly not linked to the stock market. Here's what to know before you invest.

Read more: The real story about getting rich by investing in gold, cryptocurrency and IPOs


Alibaba expanded during the SARS health crisis — and its co-founder has advice to share


Created: Mon, 03 Aug 2020 14:57:37 GMT

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Leading a company through crisis is no mean feat. For those that get it right, it can be an opportunity to set the business apart from the pack, according to Alibaba's executive vice chairman.

Read more: Alibaba expanded during the SARS health crisis — and its co-founder has advice to share


From travel pods to private jets, affluent travelers are eager to make vacations happen


Created: Sun, 02 Aug 2020 13:45:01 GMT

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Affluent travelers appear to be more resilient than most, making plans and holding onto reservations made pre-pandemic. Industry experts see this resilience among luxury travelers as an encouraging sign that a rebound might be just around the corner.

Read more: From travel pods to private jets, affluent travelers are eager to make vacations happen


JPMorgan CEO Jamie Dimon's morning routine: Wake up at 5 a.m. and 'read tons of stuff'


Created: Sat, 01 Aug 2020 14:51:09 GMT

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Like many top execs – including Tesla and SpaceX CEO Elon Musk – Jamie Dimon, chairman and CEO of JPMorgan Chase & Co., starts his day with a routine.

Read more: JPMorgan CEO Jamie Dimon's morning routine: Wake up at 5 a.m. and 'read tons of stuff'


Are you really prepared for a money emergency? This is the financial first-aid kit you need to stock


Created: Sat, 01 Aug 2020 13:00:02 GMT

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The coronavirus pandemic has made clear the need for emergency preparedness, especially when it comes to money. Smart personal finance starts with a first-aid kit.

Read more: Are you really prepared for a money emergency? This is the financial first-aid kit you need to stock


$600 unemployment booster isn't primary reason people do or do not work: Yale economists


Created: Fri, 31 Jul 2020 16:40:39 GMT

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The $600 unemployment booster provided as part of the first coronavirus stimulus is not the primary reason people do or do not work, a study from Yale economists shows. That said, some small business owners report their employees make more money on unemployment and opt not to work because of it.

Read more: $600 unemployment booster isn't primary reason people do or do not work: Yale economists


China's luxury retail sector is booming even amid the coronavirus outbreak: Hang Lung Properties


Created: Fri, 31 Jul 2020 03:46:23 GMT

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The luxury retail market in mainland China has been "very, very strong" from April to July and is likely to hold up well for the rest of the year as long as there is no strong resurgence of the coronavirus, says Ronnie Chan, chairman of Hang Lung Group and its subsidiary Hang Lung Properties.

Read more: China's luxury retail sector is booming even amid the coronavirus outbreak: Hang Lung Properties


Tax hike on California millionaires would create 54% tax rate


Created: Thu, 30 Jul 2020 20:31:25 GMT

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Democrats in the California state legislature this week proposed a tax hike on the state's highest earners to help pay for schools and services hurt by the pandemic.

Read more: Tax hike on California millionaires would create 54% tax rate


Dr. Anthony Fauci's baseball cards sold out in one day — now they are listed for as much as $9,995 on eBay


Created: Thu, 30 Jul 2020 23:43:19 GMT

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White House advisor Dr. Anthony Fauci threw the first pitch at Major League Baseball's opening day July 23. The memorabilia company Topps created a limited-edition trading card, which sold out in a day. Now, hundreds of people are reselling the cards on eBay, listing them from around $150 to almost $10,000. Here's how much they might actually be worth.

Read more: Dr. Anthony Fauci's baseball cards sold out in one day — now they are listed for as much as $9,995 on eBay


Watch these 5 endangered UNESCO sites get digitally restored in a matter of seconds


Created: Thu, 30 Jul 2020 07:29:56 GMT

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UNESCO has named 53 sites on its List of World Heritage in Danger. Watch five of these ancient sites digitally transform to how they once looked long ago.

Read more: Watch these 5 endangered UNESCO sites get digitally restored in a matter of seconds


Jeff Bezos' ex MacKenzie Scott on her billions: 'There's no question' that wealth is a result of 'collective effort' and 'social structures'


Created: Thu, 30 Jul 2020 15:55:45 GMT

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Jeff Bezos' ex-wife MacKenzie Scott announced Tuesday she has given away $1.7 billion and aims to give away the majority of her wealth.

Read more: Jeff Bezos' ex MacKenzie Scott on her billions: 'There's no question' that wealth is a result of 'collective effort' and 'social structures'


'We're running out of homes for sale,' Lake Tahoe brokers say as tech workers flee Bay Area


Created: Wed, 29 Jul 2020 20:56:13 GMT

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A new wave of urban flight is reshaping real estate markets from New York to Chicago and Los Angeles to San Francisco. As part of this shift, Lake Tahoe is seeing unprecedented bidding wars, buying activity and price increases.

Read more: 'We're running out of homes for sale,' Lake Tahoe brokers say as tech workers flee Bay Area


Florida business owner got $3.9 million in coronavirus relief money, allegedly spent it on a Lamborghini and luxury hotels


Created: Wed, 29 Jul 2020 16:10:52 GMT

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The Justice Department announced the arrest of 29-year-old David T. Hines on Monday. Hines allegedly bought a six-figure sports car and jewelry with money he received through the government's PPP coronavirus relief program.

Read more: Florida business owner got $3.9 million in coronavirus relief money, allegedly spent it on a Lamborghini and luxury hotels


Congress may put the wealth of Big Tech CEOs under the microscope


Created: Wed, 29 Jul 2020 11:05:38 GMT

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The CEOs of Alphabet, Amazon, Apple and Facebook will testify in front of Congress on Wednesday in a historic hearing about antitrust concerns as well as the unprecedented wealth created by Big Tech. CNBC's Robert Frank reports.

Read more: Congress may put the wealth of Big Tech CEOs under the microscope


I got a coronavirus test at a free drive-thru site 2 weeks ago—and I still don't have my results


Created: Tue, 28 Jul 2020 18:51:25 GMT

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I did a viral test for Covid-19, which tells you if you have a current infection, at a drive-thru testing site in Los Angeles. The process was simple, efficient, and I didn't have to get out of my car. More than two weeks later, though, and I still don't have my results.

Read more: I got a coronavirus test at a free drive-thru site 2 weeks ago—and I still don't have my results


Why a concert in the Hamptons is getting so much attention on Wall Street


Created: Tue, 28 Jul 2020 13:15:19 GMT

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New York Governor Andrew Cuomo said he was "appalled" by "egregious social distancing violations" at a concert in the Hamptons last Saturday. CNBC's Andrew Ross Sorkin breaks down why Wall Street is so invested in this scandal.

Read more: Why a concert in the Hamptons is getting so much attention on Wall Street


New luxury cruises are scheduled to sail to Antarctica this year


Created: Tue, 28 Jul 2020 22:06:34 GMT

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While large cruise ships have mostly stopped sailing due to the pandemic, several smaller cruise ships are planning to sail to Antarctica this winter.

Read more: New luxury cruises are scheduled to sail to Antarctica this year


'Ecology is economy': These resorts say sustainability yields cost-savings


Created: Fri, 24 Jul 2020 02:04:12 GMT

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At Potato Head beach resort in Bali, menus are made of old tires and flip flops, while bottle caps are turned into tissue dispensers. Can hotels save the planet while also saving money?

Read more: 'Ecology is economy': These resorts say sustainability yields cost-savings


'Don't be fooled by these 6 biggest lies about early retirement,' says millionaire who quit his job at 34


Created: Fri, 24 Jul 2020 14:59:06 GMT

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"The naysayers will make you second-guess early retirement," says Sam Dogen, a self-made millionaire who retired at 34. Even though there are downsides to retiring early, "the freedom and benefits of not having to work are priceless."

Read more: 'Don't be fooled by these 6 biggest lies about early retirement,' says millionaire who quit his job at 34


With no fans at baseball games, the best seats in the house are at these luxury rentals near stadiums


Created: Thu, 23 Jul 2020 16:44:51 GMT

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Luxury rentals near baseball stadiums are primed to take advantage of the views they offer to fans who won't be permitted to attend games due to the coronavirus.

Read more: With no fans at baseball games, the best seats in the house are at these luxury rentals near stadiums


Don't want to wear a mask on your next flight? That just got a lot harder


Created: Thu, 23 Jul 2020 13:00:43 GMT

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After suffering withering criticism for not enforcing company mask policies, two major U.S. airlines say medical exemptions can no longer be used to avoid wearing masks on flights.

Read more: Don't want to wear a mask on your next flight? That just got a lot harder


Home prices in the Hamptons hit record as wealthy New Yorkers flee to the beach


Created: Thu, 23 Jul 2020 15:38:05 GMT

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The median price of a single-family home in the Hamptons reached a record $1.1 million in the second quarter, an increase of 25% over last year's second quarter, according to a new report.

Read more: Home prices in the Hamptons hit record as wealthy New Yorkers flee to the beach


Cash payments to 2.7 billion people living in poverty would slow the spread of Covid-19: report


Created: Thu, 23 Jul 2020 04:02:01 GMT

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A new report published Thursday by the United Nations Development Programme suggests cash payments to 2.7 billion people living below the poverty line or at risk of falling below it could help slow the spread of Covid-19.

Read more: Cash payments to 2.7 billion people living in poverty would slow the spread of Covid-19: report


Malcolm Gladwell on how to deal with a toxic, overconfident boss


Created: Wed, 22 Jul 2020 14:49:10 GMT

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Malcolm Gladwell, author of several NYT Bestsellers, including "Talking to Strangers," shares how to deal with an overconfident leader, and why they're more toxic than an incompetent one. New episodes for the fifth season of Gladwell's podcast "Revisionist History" are out now.

Read more: Malcolm Gladwell on how to deal with a toxic, overconfident boss


This family impressed Kevin O'Leary by using social media to get a huge refund on their canceled vacation


Created: Wed, 22 Jul 2020 13:38:14 GMT

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"Usually, I'm the one giving the advice. But in this case, I ended up learning a lesson," host Kevin O'Leary said on his new CNBC web series "Got a Money Dispute? Ask Kevin."

Read more: This family impressed Kevin O'Leary by using social media to get a huge refund on their canceled vacation


Jeff Bezos added $13 billion to his net worth in one day—and that's a record


Created: Tue, 21 Jul 2020 16:41:23 GMT

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Billionaire Amazon CEO Jeff Bezos saw his net worth spike on Monday after a positive Wall Street report boosted Amazon's stock price by 8%. According to Bloomberg, it's the biggest single day wealth gain since its Billionaire's Index started tracking such things in 2012.

Read more: Jeff Bezos added $13 billion to his net worth in one day—and that's a record

 
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