A version of this article 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.Tech billionaire Eric Schmidt's family office took the top spot in CNBC's inaugural Inside Wealth Family Office 15 list, which...
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Spirit Airlines sells more planes, calls back 500 flight attendants from furlough ahead of spring break
A Spirit Airlines plane is at George Bush Intercontinental Airport in Houston, Dec. 29, 2025.Reginald Mathalone | Nurphoto | Getty ImagesSpirit Airlines, trying to emerge from its second bankruptcy in less than a year, has sold another 20 of its Airbus planes and is bringing flight attendants back from furlough.The...
David Einhorn says the Fed will cut ‘substantially more’ than two times. So he’s betting big on gold
Greenlight Capital's David Einhorn anticipates the Federal Reserve will issue more interest rate cuts this year than what's being anticipated and that's giving him greater confidence in his gold bet.While rate cut expectations diminished a bit Wednesday following the much better-than-expected January jobs report, traders are still currently pricing in...
Xiaomi’s electric SUV tops China sales in January, sells twice as many as Tesla’s Model Y
Chinese smartphone company Xiaomi launched its YU7 electric SUV in summer 2025, taking direct aim at Tesla's Model Y.Sopa Images | Lightrocket | Getty ImagesBEIJING — Xiaomi's electric car venture has succeeded in dethroning Tesla in China, at least in January.The Xiaomi YU7 SUV ranked first in China by sales...
Hamptons real estate prices hit record, with 2026 summer rentals going fast
A nine-bedroom, 11,000-square-foot oceanfront home in Bridgehampton, available for rent at $700,000 for any two weeks this summer.Courtesy: Gary DePersia | CorcoranMedian home prices in the Hamptons hit an all-time high in the fourth quarter, as Wall Street bonuses and tech wealth fueled a new wave of buyers in the...