Wealth

Today, Zach Burks is the 28-year-old founder of Mintable, an NFT, or nonfungible token, marketplace that’s backed by billionaire Mark Cuban. But in 2012, Burks was a recent high school graduate heading off to serve in the U.S. Army. Before he left, he bought something called bitcoin at $5.50, and it defined the trajectory of

Some habits are hard to break — but that doesn’t seem to be the case when it comes to travel.   Travelers’ habits are changing — quickly and en masse. People are bypassing big cities in favor of smaller destinations that attract fewer tourists, and outside activities such as hiking and biking are attracting more interest

Alexis Ohanian is perhaps most widely known for co-founding Reddit and selling it for $10 million 16 months later at the age of 23 (and for marrying tennis legend Serena Williams in 2017). But today he is also known as a savvy start-up investor. Ohanian, now 37, recently founded venture capital fund Seven Seven Six and has invested in

Exterior of the 2019 Lamborghini Urus with a base retail price starting at $200,000. Adam Jeffery | CNBC Lamborghini reported record profits in 2020 as its wealthy customers — especially in China — rode the global bull market in style. Despite a mandatory factory shutdown of over two months during the Covid-19 pandemic, the “raging

NFT non-fungible tokens art and collectables illustration, use blockchain technology to create unique digital items for crypto art, crypto-collectibles and crypto-gaming. holly harry | iStock | Getty Images The NFT craze may come with a painful tax surprise for buyers and sellers who use cryptocurrencies, according to tax experts. Sales of NFTs, or non-fungible tokens,

Elizabeth Holmes, founder and former CEO of Theranos, arrives for motion hearing on Monday, November 4, 2019, at the U.S. District Court House inside Robert F. Peckham Federal Building in San Jose, California. Yichuan Cao | NurPhoto | Getty Images Elizabeth Holmes on Wednesday got a six-week reprieve to the start of her trial, as

To keep up with emerging technology, self-made billionaire Mark Cuban is always reading and learning new things. It’s a tactic he uses to understand artificial intelligence, and now he has set his sights on cryptocurrency and the technology that surrounds it, like blockchain and NFTs. In fact, Cuban recommends people use his tactic and take

Sotheby’s is joining the nonfungible token craze through a collaboration with digital artist Pak. “We’ve been following the NFT space for some time,” Sotheby’s CEO Charles Stewart said Tuesday on CNBC’s “Squawk Box,” where he announced the auction house’s partnership with Pak. The upcoming sale is set to launch next month. “This is new for

Billionaire Elon Musk appears to be selling a recent tweet of his as an NFT, or non-fungible token. “I’m selling this song about NFTs as an NFT,” Musk, CEO of SpaceX and Tesla, tweeted on Monday. In the Twitter post, Elon released a techno song with the lyrics: “NFT for your vanity. Computers never sleep.

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

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

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

The buyer of the Beeple non-fungible token for $69 million is a crypto investor who goes by the pseudonym of Metakovan. Metakovan’s real identity is not known, but the investor is the co-founder of the NFT collection called Metapurse, which collects NFTs to display in the metaverse through virtual museums. Metakovan already owns the largest

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,

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

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

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

A virtual art piece titled “Everydays: The First 5000 Days.” Created by digital artist Beeple, it’s the first NFT-based work of art to go on auction at Christie’s. Christie’s 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

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