Singapore Airlines is said to be considering a new route next month — what media reports are calling a “flight to nowhere.” Flights that take off and land from the same place — in this case, Singapore Changi Airport — may start as early as next month, according to a report in the local Straits Times

Before Mark Cuban became a billionaire, he spent his 20s struggling to make ends meet – Cuban frequently came home to his lights turned off, he had his credit cards cut and he worked a number of odd jobs to stay afloat. It wasn’t until Cuban sold his start-up, MicroSolutions, for $6 million in 1990 that

Democratic donor and money manager Michael Novogratz told CNBC on Monday that a Joe Biden victory over President Donald Trump would at first cause problems for the U.S. stock market. But the billionaire former hedge fund investor contended that the former vice president’s election would ultimately benefit Wall Street.  “I think Biden’s going to win. I hope

Today, Tom Brady is an NFL vet — he’s a six-time Super Bowl champion and National Football League MVP, and in his first game as quarterback for the Tampa Bay Buccaneers on Sunday, the 43-year-old became the oldest oldest player in the NFL to score a touchdown. But as a teenager, Brady had odd jobs

In 2014, Todd Kunsman, founder of personal finance blog Invested Wallet, was $29,000 in debt and working a job that paid less than $36,000 per year. Kunsman decided to take the reins of his finances and improve his situation, educating himself on topics like investing and money at large. “I decided to dedicate an hour

Ex-New York Jets wide receiver Josh Bellamy was arrested Thursday for his alleged role in a $24 million Covid-19 relief scheme, the U.S. Justice Department announced Thursday.  The complaint says that Bellamy, along with 10 other defendants, allegedly applied for Paycheck Protection Program (PPP) loans via at least 90 fraudulent applications for a total more

D Color Flawless Diamond Source: Sotheby’s Sotheby’s is set to auction off a 102-carat diamond that could become the most expensive jewel ever sold to an online bidder. The stone, a 102.39-carat D Colour Flawless Oval Diamond, could fetch $10 million to $30 million. Only seven flawless white diamonds of more than 100 carats have

As mortgage rates reach all-time lows due to the pandemic, demand for real estate has increased exponentially. But that doesn’t necessarily mean you should buy a home right now. Way too many homebuyers overextended themselves during the 2008 financial crisis. As a result, most of us paid the price. Having your neighbor conduct a short sale or foreclosure

Bill Gates helped build Microsoft into one of the world’s most valuable companies. But between the hard work it took to get the company off the ground and the pressure to succeed against fierce competition, the billionaire Microsoft co-founder wasn’t always such a nice guy to his employees. Gates, much like fellow tech icon Steve

Louis Vuitton owner LVMH said Thursday it intends to file a lawsuit against Tiffany, accusing the luxury jeweler of “dishonesty” and mismanaging the coronavirus crisis.  The announcement comes a day after LVMH announced it would be scrapping its $16.2 billion acquisition of Tiffany, a deal that would have been the biggest ever in the luxury industry. Tiffany then

GQ Editor-in-chief Dylan Jones attends the Paul Smith AW20 50th Anniversary show as part of Paris Fashion Week on January 19, 2020 in Paris, France. David M. Benett/Dave Benett/Getty Images for Paul Smith Editor-in-chief of British GQ magazine Dylan Jones has told CNBC he’s not worried about the future of print publication, despite significant challenges in

A man enters a building with rental apartments available on August 19, 2020 in New York City. Eduardo MunozAlvarez | VIEW press | Corbis News | Getty Images The number of empty rental apartments in Manhattan nearly tripled compared with last year, as more New Yorkers fled the city and prices declined. There were more

In 1969, Heisman Trophy winner Roger Staubach joined the Dallas Cowboys as a 27-year-old rookie with a starting salary of $25,000 a year (a far cry from today’s rookie minimum salary of $610,000). In 1979, by the end of his 10 seasons with the Cowboys — which garnered him two Super Bowl wins, five appearances

Louis Vuitton owner LVMH is scrapping its $16.2 billion acquisition of Tiffany, a deal that would have been the biggest ever in the luxury industry.  The luxury-goods giant said Wednesday the merger agreement signed last November provides for a closing deadline no later than Nov. 24, 2020. But Tiffany had requested to extend the date

Ken Griffin speaking at the 2018 Delivering Alpha Conference in New York on July 18th, 2018.  David A. Grogan | CNBC Billionaire hedge funder Ken Griffin is going head-to-head with the billionaire governor of Illinois over a plan to increase taxes on the wealthy. Griffin, the founder and CEO of Citadel, contributed $20 million to

Economic turmoil caused by Covid-19 has left millions unemployed and struggling to pay rent and bills on time — in fact, 14% of Americans said they’ve spent their emergency savings to cover expenses since the start of the pandemic, a recent CNBC + Acorns survey, conducted by SurveyMonkey, shows. One solution is to speak to your landlord or

Macallan 18 Mark Littler LTD A 28-year-old has sold a collection of whisky given to him each year by his father as a birthday present, for £44,000 ($57,363), in order to buy his first home. Matthew Robson, who lives in Somerset in the south of England, was given a bottle of 18-year-old Macallan single malt

The nation’s richest Big Tech executives lost a collective $25 billion to their net worth after Thursday’s market sell-off, according to data compiled by CNBC’s Robert Frank. The S&P 500 tech sector closed down 5.8% Thursday, dragging markets in the red. The dramatic drops shaved billions off the net worth of some of the world’s

Jose Luis Pelaez Inc | DigitalVision | Getty Images There is nothing like a precipitous decline of nearly 35%, followed by a swift rise of about 50% in the S&P 500 index — all within the span of five months — to motivate people to bust out the old cliché “buy low, sell high.” Ah, yes,

Ever thought about going to Antarctica for the day? It’s possible through sightseeing tours by Antarctica Flights. The company operates flights that depart from Australia and fly one of 19 routes over the ice-covered continent. Flights depart and land at the same airport, making this one trip that actually is more about the journey than

Thanks to Amazon’s success, CEO Jeff Bezos is the richest person in the world, worth $207 billion, according to the Bloomberg Billionaires Index. But when he started Amazon as an online bookseller in 1994, Bezos thought it was likely that his business would fail. “I thought there was a 30% chance that we might build a successful

Macy’s appears to be excelling in luxury retail as its high-end department store peers go under.  “Look at luxury right now, look at Neiman’s, look at parts of Lord & Taylor,” Macy’s Chief Executive Jeff Gennette told CNBC in a phone interview Wednesday, on the heels of the company’s second-quarter earnings report. “There is opportunity for

If you want to tackle problems the same way as Bill Gates, you need to start with two simple questions: “Who has dealt with this problem well? And what can we learn from them?” “Ever since I was a teenager, I’ve tackled every big new problem the same way: by starting off with [those] two questions.

Macy’s, which is known for kicking off the holiday season with its nationally televised Thanksgiving Day parade, is painting a picture of a holiday season unlike any other.  As the country grapples with the global coronavirus pandemic, CEO Jeff Gennette said Wednesday he is anticipating a more drawn-out holiday season — with shopping kicking off in

Professional soccer player Amobi Okugo has spent years building up his side hustle, the smart money site A Frugal Athlete. Given the chance for a do-over, there’s one expense he’d save money on: Website design. Okugo started A Frugal Athlete in 2014 with money from his savings account, with initial start-up costs including hiring designers

Jamie Dimon, chairman and CEO of JPMorgan Chase, manages over 250,000 employees globally – and when looking to hire new people or promote within, he looks for key “leadership” characteristics.   “Management, in an important way, is facts, analysis, details, follow-up [and] discipline. And it is hard. You have to do it all the time – [managing] sales, balance

Luxury apartments are advertised in a realtors window on the West Side of Manhattan in New York City. Spencer Platt | Getty Images Manhattan residential sales contracts fell 31% in August while deals in the suburbs and Florida surged, suggesting that the flight from New York City continued through the summer. There were 585 sales

Rolls-Royce Ghost Rolls-Royce The chief executive of British luxury car-maker Rolls-Royce has said demand is returning to normal as the company launched a new vehicle that costs more than the average house in Britain.  Speaking at the launch of the new Rolls-Royce Ghost on Wednesday, Torsten Muller-Otvos told the BBC that demand is now “more or less back

Hotels are rolling out the red carpet for a new breed of traveler: your new puppy. Lockdowns, social distancing and new work-from-home arrangements have caused animal adoptions to soar across the United States. A new TD Ameritrade survey found that 33% of Americans — and half of millennials — have considered fostering or adopting a

To celebrate Warren Buffett’s 90th birthday on Sunday, Bill Gates wrote a blog post honoring the pair’s 29-year friendship — and what may be the most important guidance Buffett ever gave him. Gates and Buffett first met in 1991 and bonded over their common love for math and numbers, Gates said in his post. Since then, Gates and Buffett