A sign displayed on Bruckner Building reads ‘Commercial Space Available’ in the Port Morris neighborhood of the Bronx borough of New York. For a limited time, investors who develop real estate or fund businesses in opportunity zones are able to defer capital gains on profits earned elsewhere and completely eliminate them on new investments in

As we get ready to say goodbye to the 2010s, CNBC.com is taking a look back at the key players, events and transformations from Wall Street to Silicon Valley to corporate America to the White House that shaped a “Decade of Disruption.” In the lead-up to New Year’s Day 2020, CNBC’s online journalists will be

The need to adjust the federally mandated base pay is moot thanks to the strength and present dynamics of the U.S. economy, staffing expert Tom Gimbel told CNBC on Monday. “The days of a national minimum wage are really over,” Gimbel, founder and CEO of LaSalle Network, said on “The Exchange.” “That’s why the interesting

Mekong River cruises are booming, particularly in Cambodia and Vietnam. In 2020, at least 10 river boats — some quite luxurious — will cruise the lush and navigable lower Mekong. Most resemble the river boats of Europe, staffed with chefs who prepare authentic regional fare and local guides who share cultural histories as well as

Traders work after the opening bell at the New York Stock Exchange (NYSE) on August 5, 2019 in New York City. JOHANNES EISELE / AFP / Getty Images America’s wealthy are showing increased levels of anxiety about the economy and stock market headed into 2020, but overall sentiment from the wealthy remains baseline optimistic. Most

President Donald Trump gestures toward journalists shouting questions as he departs the White House May 29, 2018 in Washington, DC. Win McNamee | Getty Images President Donald Trump is the favorite candidate of America’s millionaires — and his support seems to be strengthening. But there is a catch: in a head-to-head match up he would

A majority of millionaires support a wealth tax on those worth $50 million or more, but their support declines for a tax on those worth $10 million, according to a new poll. Fifty-nine percent of millionaires said they would support a new federal tax on wealth over $50 million, according to the Q4 CNBC Millionaire

Anyone can line up to see the queen, her children and some of her grandchildren as they attend church on Christmas Day — and last year my mom and I braved the cold to spot all of them, including Prince Harry and Meghan Markle, the Duke and Duchess of Sussex, as well as Prince William

Entrepreneurs hoping to pocket some tax deductions for 2019 shouldn’t forget a new 20% break. The qualified business income or QBI deduction made its debut in 2018, a feature of the Tax Cuts and Jobs Act. The new write-off allows owners of “pass-through” entities, including S-corporations and partnerships, to deduct up to 20% of their

Eiffel Tower fireworks. Fred Dufour | AFP | Getty Images T’is the season to be gloomy, when the world’s prognosticators provide their competing lists of the coming year’s top risks. And there are plenty of candidates, from Iran to North Korea, and from American elections to global warming. Acting on the advice of Winston Churchill,

Busakorn Pongparnit | Moment | Getty Images The Democratic-controlled House passed a bill on Thursday that would do away with the $10,000 limit on the itemized deduction for state and local taxes for two years. Legislators narrowly voted in favor and did so largely along party lines: 218 to 206. The measure, dubbed the “Restoring

Traveling brings out the best in me. My husband and I share the love of exploring new places and so obviously, when our son was born two years ago, we decided to continue this journey — with tiny feet this time. While we sometimes miss the spontaneity in our travel plans, chasing our toddler in

Someone is having a good start to the holidays. A lottery player in Ohio won the $372 Mega Millions jackpot on Tuesday night, according to the lottery website. The ticket was purchased at the Giant Eagle supermarket in Mentor, a Cleveland suburb. We might not learn much about the lucky player: Ohio allows lottery winners

Mark Wragg | Stockbyte | Getty Images Credit cards are a growing problem for everyone. Overall, Americans have $830 billion in credit card debt as of the second quarter of 2019, a 6% jump year over year, according to the most recent report from Experian. It is the second-fastest-growing type of debt, after personal loans,

The Chinese consumers’ expensive taste is driving growth of the luxury market and fueling a boom in luxury five-star hotels in cities across China. The number of wealthy Chinese recently surpassed the number of wealthy Americans, according to Credit Suisse. The survey found 100 million Chinese in the world’s top 10% of richest people, while

With tourism taking a toll on the environment, more luxury tour operators than ever are now offering eco-friendly alternatives for travelers. This is especially true in the remote South American region of Patagonia. Shared by Chile and Argentina, Patagonia runs along the southern range of the Andes Mountains. The area is famed for its four-seasons-in-a

CNBC’s Jim Cramer said Tuesday that Sen. Elizabeth Warren missed her chance to court ultra-wealthy voters who may have naturally supported her 2020 presidential run. “She’s scared people, and that’s why I think people are flocking to other candidates,” Cramer said, referring to Warren’s bank-bashing and wealth-taxing proposals. The Massachusetts Democrat, who has recently been

The Technology Select Sector ETF, the XLK, is up over 3.5% in the past week. The rally in technology stocks earned the sector another record high on Monday, and history suggests the winning streak will continue through the end of the year. Coming into December, many investors were fearful about a big market drop, a

Here’s about 18 minutes, uncut, from the last part of Jon Fortt’s Fortt Knox interview this week with rapper and entrepreneur Fat Joe. They’re in the back of Fat Joe’s UPNYC store in Washington Heights, days after he dropped latest album “Family Ties,” a collaboration with hit-making producer and rapper Dre. The album features features

With the Mega Millions jackpot at $340 million, Friday the 13th might turn out to be someone’s ultra-lucky day. Heading into Friday night’s drawing, the top prize has been climbing for more than two months with no one matching all six numbers in the twice-weekly drawings. And while the odds are stacked against a jackpot