It was one of Airbnb’s most wish-listed properties in 2023 and generated $1.4 million in revenue between guest rentals and production shoots.
Tour the $18 million Invisible House for sale in Joshua Tree, California
The Invisible House is the most expensive home to ever hit the market in Joshua Tree, California. It’s named for its entirely glass-mirrored exterior that reflects its surroundings and creates the effect of the home being invisible.
Elon Musk says he’s upped his sleep to 6 hours per night—and that his old routine hurt his brain
Billionaire tech entrepreneur Elon Musk has a history of pulling all-nighters to get work done. Those days are behind him now, he says — here’s why.
Dallas Fed President Logan says current data doesn’t justify pausing rate hikes yet
The Dallas Fed president said the central bank still has work to do in achieving its goal for price stability.
Stocks making the biggest moves premarket: Walmart, Take-Two Interactive, Bath & Body Works and more
These are the stocks posting the largest moves in premarket trading.
How luxury giant LVHM built a recession-proof empire
LVMH has built a powerful portfolio of 75 brands. In 2023, it became the first European company to reach a $500 billion value.
How LVMH built a $500 billion luxury empire
Luxury conglomerate LVMH Moët Hennessy Louis Vuitton has built a massive 75-brand portfolio, cementing its legacy for decades to come. Its Chairman and CEO, Bernard Arnault has masterminded some of its biggest acquisitions, including, most recently Tiffany & Co. in 2021, after a bitter price dispute during the Covid-19 Pandemic. The company has been hailed… Continue reading How LVMH built a $500 billion luxury empire
Market’s tech focus is ‘shortsighted,’ with a broader bull run coming, portfolio manager says
The market’s affinity for Big Tech stocks this year is shortsighted, according to portfolio manager Freddie Lait, who said the next bull market phase will broaden out.
Global debt nears record highs as rate hikes trigger ‘crisis of adaptation,’ top trade body says
Global debt grew by $8.3 trillion in the first quarter of 2023 to a near-record high of $305 trillion.
Bank of England governor says the UK is facing a wage-price spiral
Andrew Bailey said second-round effects of wage growth and price setting were “unlikely to go away as quickly as they appeared.”