Local governments have been tapping into a new source of revenue – raising taxes on the vacation homes of the wealthy. CNBC’s Robert Frank joins ‘Squawk Box’ with the details.
Category: Finance News
Walmart-backed fintech OnePay is adding wireless plans to its everything app
The OnePay launch is the latest example of a fintech firm adding wireless connectivity to its product set; Klarna and Nubank have made similar announcements.
China’s Xi says the world faces ‘peace or war’ as Trump claims Beijing conspiring against U.S.
Russian President Vladimir Putin and North Korea’s Kim Jong Un are among the leaders from more than 20 countries attending the “Victory Day” military parade in Beijing.
Stocks making the biggest moves midday: Frontier Group, Kraft Heinz, Biogen and more
These are the stocks posting the largest moves in midday trading.
Why Apollo CEO Marc Rowan says the traditional investing model is ‘broken’
Apollo and CEO Marc Rowan are at the forefront of a tectonic shift in the investing landscape, with the lines between public and private markets blurring.
Pepsi shares jump 5% as activist Elliott takes $4 billion stake, sees ‘historic’ value opportunity
The Paul Singer-founded Elliott’s bet in Pepsi is worth $4 billion, becoming the consumer giant’s top five active investors excluding index funds.
Stocks making the biggest premarket moves: Kraft Heinz, PepsiCo, Biogen, Signet Jewelers and more
These are the stocks posting the largest moves in the premarket.
Inside Alts: Why Apollo’s CEO thinks your investment strategy is broken
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Inside the world of alternative investments: Here’s what to know
Alternative investments like private credit are more available to retail investors than ever. CNBC’s Robert Frank joins ‘Squawk Box’ to talk about the launch of CNBC’s new ‘Inside Alts’ newsletter.
Euro zone inflation rises to hotter-than-expected 2.1% in August
Economists polled by Reuters had expected the rate to remain unchanged from July, at 2%.