Tag: CNBC

Do Airlines Make Money From First Class?

First class air travel has often been a playground for the rich and famous. On a first class flight from New York to Dubai on Emirates Airlines, wealthy passengers can sleep in private suites that feature floor-to-ceiling sliding doors, relax in the Airbus A380’s shower spa and drink limited edition champagne while eating mounds of…

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Living On $110K A Year In Brooklyn | Millennial Money

I’m a young father. It’s not like I was given the silver spoon where I could work a $100k job. Found out to be that I was going to be a father by 18. So I had to choose whether I wanted to keep going to school or take care of my son. My name…

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Is universal basic income working? We went to Finland to find out | CNBC Reports

I’m in Finland. It’s one year after the launch of a first-of-its kind experiment here in the country. We’re talking about universal basic income. Here’s how it works. Researchers randomly selected 2,000 unemployed people between the ages of 25 and 58 from around Finland. Each month those 2,000 people receive €560, which is about 670…

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Living On $60K A Year In NYC | Millennial Money

I live very very comfortably with $60,000 a year. There’s 100 percent a misconception that I can’t live in New York City unless I have this amazing job and I’m making six figures. My name is Fallon. I’m 32 years old. I live in New York City and I make $60,000 a year. I work…

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Inside China’s luxury hotel boom | CNBC Reports

China’s luxury hotel scene is booming. New hotels are opening up everywhere you look. So I’ve come here to understand just where this trend might be headed. From the Bulgari hotel in Shanghai to the Rosewood in Hong Kong, these luxury hotels are just the tip of the iceberg in China. I’m starting in Shanghai…

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Living On $112K A Year In Brookfield, Illinois | Millennial Money

If I see an opportunity, I never want to miss it. I feel like for me, there is no limit. My name is Gabriela Ariza, and I am 27 years old. I live in Brookfield, Illinois, and I am about nine miles from the city center of Chicago. Currently, I assist government, military and police…

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What Hong Kong Unrest Means For Asia’s Financial Hub

Scenes like this play out in Hong Kong almost every weekend now. It’s been this way since June 2019. Now the unrest is getting more and more violent. So what’s going on in Hong Kong? In April of 2019, Hong Kong’s government attempted to amend its extradition laws. The proposed changes would allow criminal suspects…

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Why is Singapore so rich? | CNBC Explains

Singapore is a tiny country, so tiny you can drive across the island in just an hour. Despite its size and lack of natural resources, Singapore’s 5.6 million people enjoy one of the highest average incomes in the world, ahead of countries like Germany, France and Japan. So, how did this little island get so…

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How Square Makes Money

Square, Inc has grown from a scrappy payments startup to a $26 billion FinTech giant. Square shares soaring on Thursday. I love this stock. It’s Square SQ the payment technology company that can turn any smartphone or tablet into a credit card reader. Not bad for something that started off as a side project for…

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How Amazon Makes Money

Amazon reported record profits in 2018, earning $10.1 billion in net income compared to just $3 billion in 2017. Considering the company hardly had any annual profit until 2016, this represents major growth. Whether that’s gap earnings, operating income, free cash flow, this company hit an inflection point at the beginning of 2018. It’s one…

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