Wealth

As more countries lift travel restrictions for those who have been vaccinated, the world is slowly opening to travelers again. Travelers without kids, that is. To date, no Covid-19 vaccine has been approved for use in children, said Dr. Sharon Nachman, chief of the pediatric infectious disease division at Stony Brook Children’s Hospital. Clinical trials

mphillips007 | iStock Unreleased | Getty Images It seems unthinkable: Someone buys a lottery ticket, it ends up being worth a ton of money and yet they never claim the windfall. Right now, there’s a $1 million Mega Millions prize whose winner must come forward by March 17 or the winning ticket, purchased in Rhode

A non-fungible token by the artist Beeple sold at Christie’s for over $60 million, making it the most expensive NFT ever sold at auction. The final sale price could shift higher as final bids are processed and auction fees are added, which could bring the total to more than $69 million. But the sale capped

krisanapong detraphiphat | Moment | Getty Images When investing in the markets, many forces can affect your portfolio and how you invest, but very few of them have a bigger impact than interest rates and where the 10-year Treasury stands. An interest rate is simply the amount charged by a lender to a borrower for

Anne Hathaway attends “The Last Thing He Wanted” premiere at Eccles Center Theatre on January 27, 2020 in Park City, Utah. Matt Winkelmeyer | Getty Images Hollywood actress Anne Hathaway told CNBC Friday that a lack of female representation in positions of power is a something that “can be torn down at any moment, when

As the $1.9 trillion American Rescue Plan (ARP) Act was signed into law on Thursday by President Joe Biden, eligible taxpayers could receive their third stimulus payments as early as this weekend. Those with an adjusted gross income below $75,000 are eligible for the full $1,400 check, and married couples filing jointly below $150,000 will receive $2,800.  When considering

People have really just scratched the surface when it comes to non-fungible tokens, or NFTs, Mike Winkelmann, a digital artist who goes by the name Beeple and recently sold a piece for $69 million, told CNBC on Friday. “I really think this is a technology that has just so many use cases,” Winkelmann said in

Elizabeth Holmes, founder and former CEO of Theranos, arrives for motion hearing on Monday, Nov. 4, 2019, at the U.S. District Court House inside Robert F. Peckham Federal Building in San Jose, California. Yichuan Cao | NurPhoto | Getty Images Former Theranos CEO Elizabeth Holmes, whose criminal fraud trial was scheduled to start in July,

Digital artist Beeple is “a rich man” after his non-fungible token sold for nearly $70 million at auction, Noah Davis, a postwar and contemporary art specialist at Christie’s, told CNBC on Thursday. Davis made the comments in an interview on “Power Lunch” after the bidding window at Christie’s closed earlier Thursday. Beeple’s NFT — a collage

In building her multimillion-dollar business, Whitney Wolfe Herd, founder and CEO of Bumble, once took inspiration from another successful executive: Jeff Bezos. Herd sometimes watched videos of Bezos speaking, and in one, “he said something I will never forget and I agree with 1,000%,” she told CNBC Make It in 2019. The gist was that “when humans can

Micronesia has confirmed only one case of Covid-19 to date. The Polynesian island of Samoa and the South Pacific island of Vanuatu have just three cases each. Sounds like safe travel choices? There’s just one problem — none are allowing in tourists. Many islands that opened to tourists during the pandemic experienced rising coronavirus infection

Kevin O’Leary, investor on ABC’s “Shark Tank,” is known for being blunt – even when it seems harsh. And it stems from something he learned from his mother, Georgette. “It’s easy to lie to people because you want to keep them feeling good. You don’t want to tell them the truth,” O’Leary tells CNBC Make

VioletaStoimenova | E+ | Getty Images Out of sight, out of mind. For many people, that’s how their employer-offered 401(k) plan works. The employee chooses from a limited menu of investment options and, as long as the account continues a generally upward trajectory, the average investor has no reason to question their investment strategy nor any

Christine Lagarde, President of the European Central Bank, speaks to the media following a meeting of the ECB governing board. Thomas Lohnes Christine Lagarde, the first woman to head up the European Central Bank, has said she hopes young women today don’t have to experience sexism like she did early on in her career.  Lagarde

As another International Women’s Day rolls around, businesses have been making bold pledges to empower their female employees and strive toward equality, But still, in 2021, large swathes of women say their gender remains a major barrier to their professional progression. A full one-third of women in Asia-Pacific say they believe their gender has been

andresr | E+ | Getty Images “Black Girl Magic” is a movement that was popularized by CaShawn Thompson in 2013. The idea, born as a way to celebrate the beauty, power and resilience of Black women, caught on quickly. How could it not, since we have witnessed incredible contributions of Black women to American culture (actress

Leon Cooperman at the 2019 Delivering Alpa conference in New York on Sept. 19. 2019. Adam Jeffery | CNBC Leon Cooperman told CNBC on Wednesday he believes rich people would find ways to avoid paying Sen. Elizabeth Warren‘s wealth-tax if it were to become law. He also argued there are better mechanisms to raise federal

As vaccination rollouts gather pace around the world, attention is now turning to vaccines of another kind: vaccine passports. Last week, the International Air Travel Association (IATA) announced the launch of its new digital travel pass as “the way forward” in resuming quarantine-free international travel. The app, which is so far being trialed by 30

As department stores like Saks Fifth Avenue try to get shoppers back into stores after the Covid-19 pandemic shutdowns, the shift to online sales may continue to accelerate thanks to personalization technology. Richard Lautens | Toronto Star | Getty Images HBC, the owner of Saks Fifth Avenue, said Friday it would be spinning the luxury

Although many remain wary of the cryptocurrency, bitcoin has garnered a wave of support in recent months – in February alone, fintech company Square and enterprise software company MicroStrategy bought large sums of additional bitcoin to add to their existing portfolios, while electric car company Tesla added billions of dollars worth of the coin to

In 2009, my husband Vernon and I got married on the beach in Mazatlán, México. At our reception, we told each other that we would one day move there. Of course, life happened, and that dream was pushed off until later, perhaps when we were ready to retire. We had three beautiful kids, two cars,

Billionaire investor Mark Cuban has been at the forefront of the wave of interest in blockchain technology, smart contracts and NFTs, or non-fungible tokens. It’s “like the early days of all new tech, the excitement sometimes creates some unique situations,” Cuban tells CNBC Make It. Recently, NFT-based art in particular has been selling for sometimes

John Rogers of Ariel Investments told CNBC on Wednesday that corporations can play a critical role in helping close the racial wealth gap in the United States. In an interview on “Closing Bell,” the firm’s co-CEO and chief investment officer pointed to retirement savings plans as one place to start addressing it. But even then,

Dan Gilbert, chairman, Quicken Loans Anjali Sundaram | CNBC Tuesday’s dramatic and abnormal spike in the stock of Rocket Companies created a major windfall for founder Dan Gilbert, at least on paper. Shares of Rocket, where Gilbert is the majority shareholder, jumped more than 70% on Tuesday, adding $17.30 per share. According to InsiderScore.com and

Customs and manners are so important to Japanese culture that many travel websites have sections dedicated to the topic. Japan is currently closed to international travelers, but the country is exploring ways to safely reopen before the start of the Tokyo Summer Olympics, which is scheduled for late July. Tourists aren’t expected to understand all

Jeff Bezos, founder and CEO of Amazon, speaks to a group of Amazon employees that are veterans during an Amazon Veterans Day celebration on Monday, November 12, 2018. Leonard Ortiz | Digital First Media | Getty Images Jeff Bezos would owe $5.7 billion in taxes for 2020 under the Ultra-Millionaire Tax Act proposed by a

Sen. Elizabeth Warren, D-Mass., holds a news conference to announce legislation that would tax the net worth of America’s wealthiest individuals at the U.S. Capitol on Mar. 1, 2021 in Washington. Chip Somodevilla | Getty Images News | Getty Images A slew of Democrats on Capitol Hill — including progressives Sen. Elizabeth Warren, D-Mass., and

On Friday, Samantha John pitched Hopscotch, an app that teaches kids how to code by building games, to the Sharks on ABC’s “Shark Tank.” Over the last nine years, John turned her passion for programming into a profitable business. But “when I was a kid, I never thought that coding was for me. I was

You’d know a chicken nugget if you saw one, right? How about one grown from a single cell, with no animals harmed in the process? Josh Tetrick is betting not. He is trying to win over consumers with his lab-grown chicken bite following the world’s first approval of his company’s cultured chicken in Singapore at the end of 2020.

More and more wealthy art collectors are cashing in on low interest rates to borrow against their Picassos and Basquiats, adding to risks of a leveraged boom and bust in the art market. The Fine Art Group, an art advisory and finance firm, said loan requests surged by 30% in 2020 compared with 2019 as