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
Month: September 2020
Visitors play video games at the Xbox stand during 2020 China International Cartoon and Game Expo (CCG Expo) at Shanghai World Expo Exhibition and Convention Center on July 16, 2020 in Shanghai, China. Zhou You | Visual China Group | Getty Images A wave of major companies are suddenly letting people finance everything from video
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
CNBC’s Jim Cramer on Thursday praised the appointment of Jane Fraser as the next chief executive office of Citigroup, making her the first woman to lead a U.S. megabank. “The glass ceiling in banking maybe is finally cracking,” Cramer said on “Squawk on the Street.” Citi is the third-largest U.S. bank by assets. Fraser is set to
Getty Images Penalties are about to get way steeper for taxpayers who still haven’t filed a 2019 income tax return and owe the IRS a balance. July 15 was the deadline to submit your return and pay any taxes owed, as the Treasury Department pushed back the due date in light of the coronavirus pandemic.
getty Are you ready to learn about the basics and start investing? Do you want to know the difference between a stock and a bond? You’ve probably heard of stocks and bonds. Both are essential building blocks of most investment portfolios and are often mentioned in the same breath. Stocks and bonds are two types
Economic Security Planning, Inc. Today’s column addresses questions about switching between benefits while Social Security offices are shut down due to the pandemic, how to begin benefits as early as possible and when it may be possible to claim on former and current spouses’ records. Larry Kotlikoff is a Professor of Economics at Boston University
Putting extra cash towards your mortgage doesn’t change your payment unless you ask the lender to … [+] recast your mortgage. getty If you have extra cash and are considering putting it towards paying down your mortgage early, you should be aware that it won’t automatically reduce your payment. Putting extra cash towards your mortgage
The Lucid Air sedan, which is expected to go into production next year at a plant being constructed in Arizona. Lucid Electric vehicle start-up Lucid is touting its all-electric Air sedan as a more efficient, faster and spacious vehicle than the Tesla Model S, a car the company’s CEO Peter Rawlinson helped develop. “What we’ve
Passengers use smartphones inside a subway train in Seoul, South Korea, in 2015. Woohae Cho/Bloomberg | Bloomberg | Getty Images SINGAPORE — South Korea’s Kakao Games surged in their Thursday market debut on the Kosdaq, more than doubling from their listing price shortly after trading began. Kakao Games’ shares started trading at 48,000 Korean won
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
nelsonarts | E+ | Getty Images While private companies decide how to proceed with the payroll tax holiday, one major employer has decided that it’s in: the federal government. President Donald Trump’s payroll tax deferral, which he issued via executive order, took effect on Sept. 1. It’s a temporary suspension of the 6.2% tax employees
Medicare Open Enrollment and the donut hole. Getty The Medicare Open Enrollment Period (OEP) is a very important time for anyone who has a Medicare Advantage or Part D drug plan. Here are some important points. The OEP begins October 15 and ends December 17. This is your opportunity to review your coverage for next year. Watch
WASHINGTON, DC – SEPTEMBER 09: U.S. Senate Majority Leader Mitch McConnell (R-KY) speaks to members … [+] of the media after the weekly Senate Republican policy luncheon at Hart Senate Office Building September 9, 2020 on Capitol Hill in Washington, DC. (Photo by Alex Wong/Getty Images) Getty Images It looks like Senate Majority Leader Mitch
Kellie Rastegar is Co-Founder and Creative Director at Rastegar Property Group. Getty The home has always been important, but it’s safe to say that this year, the significance of the home greatly increased. Your place of residence is now everything — a home office, a home gym, a safe sanctuary for relaxation and leisure time and
A J.C. Penney store in Laguna Hills, California Scott Mlyn | CNBC U.S. mall owners Simon Property Group and Brookfield Property Partners are close to finalizing an $800 million deal to rescue the embattled department store chain J.C. Penney from bankruptcy, avoiding a total liquidation and saving about 70,000 jobs and 650 stores, Joshua Sussberg of
SINGAPORE — Retail investors have been fueling a frenzied buying boom in markets this year, sparking fears that they are driving too much speculation in the market. But Christopher Smart, chief global strategist at Barings Investment Institute, suggested that the risks could be overblown. “It’s something we’ve lived with — through the dotcom bubble and
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
Traders wearing masks work, on the first day of in person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. Brendan McDermid | Reuters There’s a spate of new exchanges ready to launch that want
The U.S. Capitol Building is reflected against an ambulance along the East Front on Capitol Hill in Washington, U.S., July 16, 2020. Tom Brenner | Reuters While negotiations over the next coronavirus stimulus bill have carried on for months, there has been one certainty: Democrats, Republicans and President Donald Trump have all backed sending out
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