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Wealth

https://www.cnbc.com/id/10001054/device/rss/rss.html 👁 475

The super-rich saw their fortunes grow by $2.5 billion a day last year, Oxfam claims


In a report published on Monday, the charity revealed that billionaire fortunes rose by 12 percent in 2018 as the poorest half of the world saw its wealth decline by 11 percent.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/21/oxfam-calls-for-global-tax-hikes-for-the-worlds-richest.html

Do you know your net worth? Here's how to figure it out


If your net worth is in the red, you'll need to work on saving more and spending less.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/17/do-you-know-your-net-worth-heres-how-to-figure-it-out.html

America's wealthy are 'in preservation mode' and don't think the market has hit a bottom: Survey


Investors with at least $1 million in a brokerage account are bearish on the economy and market, according to an E-Trade survey.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/20/americas-wealthy-investors-arent-acting-like-the-market-bottom-is-in.html

Lenders promise savings on student loans, but here's why the reality is different than advertised


Student loan refinancing companies say they offer borrowers a way to save thousands of dollars on their debt, by allowing them to pay off their loans at a lower interest rate, in less time.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/18/lenders-offer-a-deal-on-your-student-loans-read-the-fine-print-.html

JP Morgan CEO Jamie Dimon gets raise to $31 million after bank posts record earnings for 2018


J.P. Morgan Chase CEO Jamie Dimon got a 5 percent bump — $2 million — in his pay last year following record annual earnings for the company.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/18/jp-morgan-ceo-jamie-dimon-gets-raise-to-31-million.html

Mega-developer Gil Dezer: Prices at our Trump-branded Florida properties 'have continued to go up'


The presidency of Donald Trump has indirectly helped the real estate market in South Florida, says the Miami property magnate.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/17/gil-dezer-our-trump-branded-properties-in-florida-continue-to-do-well.html

Nike's gamble and social media regulation


Jon Fortt sits down with Pulitzer Prize-winning author Charles Duhigg and former Reddit CEO Ellen Pao to discuss Nike's ad featuring Colin Kaepernick and big tech heading to the Hill.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/17/nikes-gamble-and-social-media-regulation.html

Sales of luxury jewelry, watches and boats at risk as stock market swoons


The so-called wealth effect — the theory that personal spending follows stocks — has become stronger in recent years as equity holdings have tripled as a share of disposable income.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/17/luxury-spending-could-tumble-after-stock-market-drops.html

No Social Security cost-of-living adjustment in 2020, early data suggests


Retirees got the biggest boost to their benefits in years in 2019, yet the latest data points to a much lower — if any — increase in 2020 if current trends continue.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/17/early-data-suggests-no-social-security-cost-of-living-adjustment-for-2020.html

CES 2019: What really mattered


CNBC's Jon Fortt and Julia Boorstin on the real stories from CES with exclusive commentary from the CEOs of AMD, Verizon, Mobileye and IBM.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/14/ces-2019-what-really-mattered.html

China's foreign direct investment into the US dropped precipitously in 2018, data show


Trade tensions, along with pressure on companies from Beijing, have caused a decline in Chinese direct investment into the United States. Still, Chinese home purchases and venture capital funding continue to grow.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/15/chinese-foreign-direct-investment-to-the-us-falls-in-2018-data.html

5 money mistakes that keep you from getting rich


If you want to invest like the super-wealthy, there may be some things you're doing that you shouldn't.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/11/5-money-blunders-that-keep-you-from-getting-rich.html

The government just made applying for student aid easier


Many people who apply for college financial aid are forced to go through an audit-like process in which they must prove that the information they provided is accurate.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/11/the-government-just-made-applying-for-student-aid-easier.html

How to get pay-boosting skills without going broke


Jon Fortt talks about pay-boosting skills with education reporter Laura Pappano, Rachel Carlson of Guild Education, and Anant Agarwal of edX

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/09/how-to-get-pay-boosting-skills-without-going-broke.html

Alex Jones, subscription Shuffles, and media's wild summer


Jon Fortt talks to Ed Lee of NYT, Dan McComas, former SVP at Reddit, Brent Lang of Variety and Cherie Hu of Billboard about tech and media

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/10/alex-jones-subscription-shuffles-and-medias-wild-summer.html

Tailspin: JetSmarter tried to be the Uber of private jets, now it faces lawsuits and losses


Four years after taking the industry by storm with a promise to become the Uber of private jets, JetSmarter has left a trail of angry customers, at least 13 lawsuits and concerns over security. While some are satisfied, others call it a "fraud."

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/08/jetsmarter-faces-lawsuits-losses-and-security-questions.html

'Heads will be chopped off': Video shows terrifying private jet flight


Before he boarded a JetSmarter flight in Las Vegas in September, Maurice Paola was a little-known DJ and music producer. Now, he's a symbol of private jet air rage and screening procedures at the flying service start-up.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/09/heads-will-be-chopped-off-video-shows-terrifying-private-jet-flight.html

SiriusXM buying Pandora, and a new cloud alliance with Microsoft, Adobe and SAP


Jon Fortt sits down with Pandora Co-Founder and Former CEO Tim Westergren on the sale of his creation to SiriusXM Satellite Radio for $3.5 billion. Plus -- the new "big cloud" mafia on their new alliance.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/09/siriusxms-buyout-with-pandora-founder-plus-microsofts-cloud-alliance.html

Joe Theismann talks sports, tech & the power of the 'superstar' brand


Super Bowl Champion Joe Theismann joins Fortt Knox to discuss how technology is changing the way people watch and interact with sports, plus the power of the "superstar" brand.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/09/joe-theismann-talks-sports-tech--the-power-of-the-superstar-brand.html

Ancient Egyptian artefact returned after being smuggled to London auction house


Egypt's Ministry of Antiquities announced on Tuesday that a stolen relic had been returned to its home country.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/09/ancient-egyptian-artefact-returned-after-being-smuggled-to-london.html

Mercedes' new CLA coupe loaded with high-tech extras in clear pitch to millennial luxury buyers


The 2020 CLA is slightly bigger than the original coupe and will have the ability to operate hands-free under specific conditions, primarily on divided highways. It even can make a pass automatically.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/09/mercedes-cla-coupe-loaded-with-high-tech-extras-to-lure-millennials.html

How much could Mackenzie Bezos get in a divorce?


Bezos announced in a tweet Wednesday that he and his wife of 25 years, MacKenzie, have "decided to divorce." His tweet suggested that it will be an amicable parting, saying "we remain a family and we remain cherished friends.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/09/how-much-could-mackenzie-bezos-get-in-a-divorce.html

The best deals for cloud storage


Jon Fortt sits down with experts Rob Marvin of PCMAG.com, Jefferson Graham of USA Today and Jordan Novet of CNBC.com to discuss the best consumer clouds available in the market.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/08/the-best-deals-for-cloud-storage.html

Startup or corporate giant? How to decide what kind of employer fits you


Jon Fortt breaks down the pros and cons with venture capitalists Jeff Richards of GGV and Graham Brown of Lerer Hippeau, CNBC personal finance correspondent Sharon Epperson, and three young professionals.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/07/careers-how-to-choose-between-startup-corporate-giant.html

Tackling the 'last mile' with Postmates CEO Bastian Lehmann


Jon Fortt talks to Postmates CEO Bastian Lehmann about delivery, his path to entrepreneurship, and the road to profits. During the conversation, insights come in a live chat with Mike Isaac of the New York Times and Courtney Reagan of CNBC.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/07/postmates-ceo-bastian-lehmann-interview-cnbc-jon-fortt.html

New year, new you: Fitness trends for 2019


CNBC experts discuss how technology is changing the way people think about health and fitness. Plus, WW International (formerly Weight Watchers) CEO Mindy Grossman joins Jon for a closer look at the marriage of nutrition and tech.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/07/fitness-trends-2019-jon-fortt-cnbc.html

Manhattan real estate closes 2018 as worst year since the financial crisis


The number of home sales in Manhattan fell 14 percent in 2018, the steepest drop since 2009, according to new data. In the fourth quarter, the median price for an apartment in New York City fell below $1 million for the first time in three years.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/02/manhattan-real-estate-closes-2018-as-worst-year-since-financial-crisis.html

Italian art museum demands return of painting looted by Nazi soldiers


An art gallery in Florence, Italy, has pleaded for Germany to return a "masterpiece" that was looted by Nazi troops in 1944.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/02/italian-art-museum-demands-return-of-painting-looted-by-nazi-soldiers.html

Here's the tax bite on that $425 million Mega Millions jackpot


The winner can expect to pay more than 45 percent of their windfall in federal and state taxes.

Click here to Read full Details Sources @ https://www.cnbc.com/2019/01/02/heres-the-tax-bite-on-that-425-million-mega-millions-jackpot.html

Mega Millions jackpot hits $415 million. How to protect your privacy if you win


If someone wins the top prize in Tuesday night's drawing, they might have a hard time shielding their identity.

Click here to Read full Details Sources @ https://www.cnbc.com/2018/12/31/how-to-protect-your-privacy-if-you-hit-mega-millions-jackpot.html

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