Wealth

People waiting in line at an unemployment office. Yellow Dog Productions A coronavirus relief bill unveiled Tuesday would significantly expand unemployment benefits for Americans who lose their jobs due to the country’s recent economic contagion.  The measure would beef up the nation’s unemployment insurance program, a state-administered program that provides temporary income support for out-of-work
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The private-jet industry is asking Congress for bailout money, even as many private jet companies say sales are strong as wealthy flyers avoid commercial flights. The National Business Aviation Association, or NBAA, which represents private-jet companies and corporate jets, sent a joint letter with other industry groups to congressional leaders saying the industry is facing
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My first experience with the small, but rapidly growing movement to eliminate handshaking was in a chiropractic office in Singapore two weeks ago.   “Are you shaking hands? Some people aren’t these days,” the chiro said, extending his hand before awkwardly retracting it. I did — to break the oddness of the moment — but
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Wall Street Democrat Roger Altman told CNBC on Thursday that the stock market’s reaction to Joe Biden‘s resurgence in the Democratic presidential primary is because his chief rival, Sen. Bernie Sanders, is viewed as unelectable.  “The greater the extent that Biden is seen as the Democratic nominee, I think investors will be comforted,” Altman said
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Bentley Mulliner Bacalar Bentley Bentley on Tuesday unveiled the all-new Mulliner Bacalar, a roughly $2 million two-seat, open-air luxury sports car that features 5,000-year-old wood in its interior dashboard. The iconic British automaker, which is owned by Volkswagen, is describing the car as the “rarest two-door Bentley of the modern era.” The company is only producing
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Confusingly named, enticingly remote and increasingly popular, the chilly island of Greenland is fast becoming the dark horse of 2020 travel destinations. Before planning their trips, most visitors know little about the Arctic destination beyond vague ideas about its misleading nomenclature — “Greenland is icy whereas Iceland is green, right?” — or its link to
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A Gama Aviation Gulfstream 4SP (Photo by: Aviation-images.com | Universal Images Group | Getty Images Wheels Up, the fast-growing private aviation start-up, acquired jet operator Gama Aviation, creating the second-biggest private aviation company in the U.S. Terms weren’t disclosed by the two companies, which are both privately held. But the deal transforms Wheels Up, founded
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Chamath Palihapitiya Heidi Gutman | CNBC Billionaires should be grateful for their good fortune and stop being so sensitive to public criticism and name-calling by politicians, tech billionaire Chamath Palihapitiya said Wednesday. In a heated billionaire-versus-billionaire debate with former hedge fund manager Leon Cooperman, Palihapitiya said that being demonized or labeled “out of touch” is a
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