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Tag Archives: Wealth

whisky tastings, castles and spa

whisky tastings, castles and spa

For fans of the popular television series “Outlander,” train travel is one of the easiest ways to soak up the sites of the Scottish Highlands. Since the show’s debut in 2014, the number of visitors to the mostly rural northern part of Scotland has increased so much that the rise …

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The Covid recession brought extreme inequality in 2020

The Covid recession brought extreme inequality in 2020

The New York Stock Exchange (NYSE) in lower Manhattan. Spencer Platt | Getty Images The legacy of 2020 will endure in America’s collective memory for many reasons: a deadly pandemic, a vicious presidential election. It also brought the most severe recession in almost a century, which hurtled millions into poverty …

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Pierre Cardin, ground-breaking fashion designer, dies

Pierre Cardin, ground-breaking fashion designer, dies

Designer Pierre Cardin poses during the Pierre Cardin Paris Haute Couture New Collection launch at Maxim’s on November 26, 2013 in Paris. Richard Bord | Getty Images Pierre Cardin, who during his more than seven decades in fashion brought geometric shapes to haute couture and put his name on everything …

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Equities likely to grow, but finding yield remains difficult

Equities likely to grow, but finding yield remains difficult

krisanapong detraphiphat | Moment | Getty Images Bottom-scraping interest rates in 2020 were a major factor fueling a stock market that, after plummeting in March from the pandemic, rallied to post a banner year. Low interest rates also vexed investors seeking yield from bonds purchased to diversify portfolios and reduce …

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How to travel this Christmas through live virtual tours

How to travel this Christmas through live virtual tours

For people staying safely at home this holiday season, new virtual tours let anyone with an internet connection tour famous Christmas destinations around the world.    Homebound travelers can book live interactive tours with local guides to learn about everything from the religious sites of Jerusalem to the department store …

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Millionaires see strong market gains in 2021

Millionaires see strong market gains in 2021

America’s millionaires are betting on a strong stock market next year, with many expecting double-digit gains, according to the CNBC Millionaire Survey. Fully 70% of millionaires expect the S&P 500 will be up at least 5% next year, according to the survey of households with investible assets of at least …

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Can you travel to Europe without quarantining? A new program allows it

Can you travel to Europe without quarantining? A new program allows it

­­­­­­­­­­­­­­­­­­­New preflight testing programs are allowing a small number of Americans to have a European Christmas holiday this year after all. On Tuesday, Delta Air Lines launched a Covid-19 testing program for customers flying from Atlanta to Amsterdam, while a second program is scheduled to start on Saturday for Delta …

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Here are some money moves to make before the year ends

Here are some money moves to make before the year ends

Nitat Termmee | Moment | Getty Images At the end of every year, there’s an opportunity to make smart financial moves to reduce taxes, increase net investment income and decrease portfolio risk. Some of these financial moves are especially timely. They’re enabled by federal legislation and temporary changes in tax …

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Here’s how to overcome common financial blind spots

Here's how to overcome common financial blind spots

AscentXmedia | iStock | Getty Images When it comes to managing money, most everybody has doubts as to whether they’re doing it right. So you may breathe a sigh of relief to know that no one is crazy, according to Morgan Housel, author of the book “The Psychology of Money.” …

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Like Airbnb, but for rich people

Like Airbnb, but for rich people

From the marinas of Monaco to the slopes of Aspen, it’s no secret where the wealthy like to go on holiday. But where they stay is more of a mystery. Rental homes offer space and privacy, while luxury hotels come with “as you wish” service staff willing to bend over …

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A wine region for the whole family

A wine region for the whole family

Wine touring has traditionally been for adults only, but that may be changing. Western Australia is at the forefront of a small but growing trend to turn wine touring into a travel activity the whole family can enjoy. Though international travelers aren’t allowed to enter Australia right now, the distribution …

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Amid coronavirus, donations set to spike on Giving Tuesday

Amid coronavirus, donations set to spike on Giving Tuesday

Many charities have seen a surge in donations since the coronavirus crisis began. Now, on Giving Tuesday, pandemic-related nonprofits could get an unprecedented extra bump. Charitable donations generally get a big boost on “Giving Tuesday,” a single day specifically focused on charity in the shopping-heavy week after Thanksgiving. Last year, …

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Historic airline photos from ‘Golden Age of Travel’

Historic airline photos from 'Golden Age of Travel'

Commercial air travel has come a long way since the “Golden Age of Travel” — an era marked by glamour, gourmet food and dapper passengers.   While complaints about smaller seats and expensive tickets are rife today, a look into the history of commercial aviation shows that today’s customer experience …

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Resorts set up social distancing for tourists

Resorts set up social distancing for tourists

From treetop dining to underwater villas, the Maldives is coming up imaginative ways to help travelers stay socially distanced while still enjoying a vacation. The island nation reopened to visitors on July 15, and more than 57,000 tourists have visited since. More airlines set to resume flights this month and …

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Here’s what young voters want to see from Joe Biden and Kamala Harris

Here's what young voters want to see from Joe Biden and Kamala Harris

CNBC’s “College Voices 2020” is a series written by CNBC fall interns from universities across the country about coming of age, getting their college education and launching their careers during these extraordinary times. Colette Ngo is a senior at Chapman University double majoring in broadcast journalism and business administration. The …

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Best new hotels in Bangkok, Bali, Bhutan and Japan

Best new hotels in Bangkok, Bali, Bhutan and Japan

Many hotels named among the “best new hotels of 2020” this year have yet to welcome a single guest. The global pandemic pushed plans to open highly anticipated new hotels near the wineries of California’s Napa Valley to the banks of Paris’s River Seine, with many rescheduling openings well into …

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Trump International Hotel Washington DC sale put on indefinite hold

Trump International Hotel Washington DC sale put on indefinite hold

The Trump International Hotel in Washington, D.C. Adam Jeffery | CNBC The Trump Organization’s efforts to sell the Trump International Hotel Washington DC have been put on indefinite hold, casting doubts on the future of one of the President’s biggest financial bets, according to industry executives. The Trump Organization hired …

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$160 million mansion will be the most expensive ever auctioned

$160 million mansion will be the most expensive ever auctioned

Exterior view of Villa Firenze in Beverly Hills, California Concierge Auctions A $160 million mansion in Beverly Hills, California, is headed to the auction block, making it the most expensive listing ever to auction. The nine-acre estate, called Villa Firenze, will be sold to the highest bidder, with no reserve, …

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Sylvester Stallone to auction some of his most prized watches

Sylvester Stallone to auction some of his most prized watches

  Sylvester Stallone attends the premiere of HBO Documentary Film “Very Ralph” at The Paley Center for Media on November 11, 2019 in Beverly Hills, California. Rich Fury | Getty Images Sylvester Stallone is auctioning off some of his most prized watches, including two that became famous in his movies. …

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