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Anciens Huang | Moment | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. As the world’s wealthiest pad their fortunes, they are spending more to run their private investment […]
The Gambling Authority in Denmark has found a large decrease in the total gambling spend compared to the same period in 2024. The Danish Gambling Authority has shared data for October 2025, highlighting a large decrease in the total gambling spend when compared to the same month last year, led primarily by the betting market. […]
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The price surge in bitcoin helped create another 70,000 new crypto millionaires over the past year, adding hundreds of billions of dollars in […]
American Express has long benefited from a focus on wealthier customers who appreciate the credit card company’s travel and dining perks. That has helped insulate the company from concerns over a spending slowdown. In the second quarter, total spending on Amex cards jumped 7%, matching the first quarter and higher than the 6% increase a […]
The Metropolitan Transportation Authority has placed a $2.4 billion order with French train maker Alstom to deliver M-9A railcars for the Long Island Rail Road and Metro-North Rail Road, the company said Friday. The contract, which was announced by MTA in June, will be booked in the second quarter of the 2025-26 fiscal year, Alstom said. The […]
President Trump on Monday said Taiwan Semiconductor Manufacturing Company, the world’s largest chip manufacturer, will spend $100 billion in the United States over the next four years to expand its production capacity and bring its most advanced semiconductor processes to its operations in Arizona. The investment will allow TSMC to begin making artificial intelligence and […]
Vice Chair and President at Microsoft, Brad Smith, participates in the first day of Web Summit in Lisbon, Portugal, on November 12, 2024. The largest technology conference in the world this year has 71,528 attendees from 153 countries and 3,050 companies, with AI emerging as the most represented industry. (Photo by Rita Franca/NurPhoto via Getty […]
