Wealth

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
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D Color Flawless Diamond Source: Sotheby’s Sotheby’s is set to auction off a 102-carat diamond that could become the most expensive ever sold to an online bidder. The stone, a 102.39-carat D Colour Flawless Oval Diamond, could fetch between $10 million and $30 million. Only seven flawless white diamonds of more than 100 carats have
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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
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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
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Louis Vuitton owner LVMH said Thursday it intends to file a lawsuit in Delaware against Tiffany, arguing the upscale diamond retailer has mismanaged the coronavirus crisisth.  The news 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
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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
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A Tiffany & Co. employee wears a protective mask as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on August 1, 2020 in New York City. The fourth phase allows outdoor arts and entertainment, sporting events without fans and media production. Cindy Ord | Getty Images Entertainment
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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
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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
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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 still grapples with the global coronavirus pandemic, CEO Jeff Gennette said Wednesday he is anticipating a more drawn-out holiday season — with shopping kicking off
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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
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With three months until the 2020 U.S. presidential election, a national poll finds that more than one-third of likely voters have a dismal view of their finances — and a bleak outlook for employment, wages, job security and health care. Of the more than 2,300 likely voters in the most recent CNBC and Change Research‘s States
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