Bugatti Chiron Source: Bugatti Bugatti became the first car maker to top 300 mph, when a modified version of its hypercar hit 304.77 mph. A Bugatti Chiron, adapted for higher speeds and driven by Andy Wallace, hit the top speed on Volkwagen‘s Ehra-Lessien test track in Germany on Aug. 2. It is the first supercar
Wealth
Summer’s coming to a close, and that means the streaming wars are about to get a lot more real. Apple released a trailer for “The Morning Show,” one of the big series slated to hit its Apple TV+ service this fall. Disney just gave us more details behind its slate of shows for the Disney+
An Automobili Lamborghini SpA Aventador vehicle sits on display during the Gallery event at the MGM Grand Detroit ahead of the 2019 North American International Auto Show in Detroit, Jan. 12, 2019. Daniel Acker | Bloomberg | Getty Images The rich have cut their spending on everything from homes to jewelry, sparking fears of a
If you’re heading out on an end-of-summer road trip this Labor Day, you might find yourself spending less on fuel and more on food and fun. That’s thanks to what may be the lowest average nationwide gasoline rates for this holiday weekend in three years, according to AAA. Today’s average price of just more than
The Chartwell Estate Photograph by Jim Bartsch, courtesy of the Estate of Jerry Perenchio This elegant French chateau-style estate in Bel Air, California, which recently got a $50 million price chop, is the most expensive residence currently for sale in America. And CNBC is the first to get an exclusive look inside the $195 million
RIYADH, Saudi Arabia — Crown Prince Mohammad bin Salman hopes to see tourism contribute 10% of Saudi Arabia’s gross domestic product by 2030 — and the country plans to tap everything from a 2,000-year-old UNESCO heritage site to the “the longest, tallest and fastest roller coaster in the world” to make it happen. Next month,
In the early 2000s, professional poker reached new heights in popularity. Between ESPN, the 1998 movie “Rounders,” and Chris Moneymaker’s out-of-nowhere win at the 2003 World Series of Poker, the lure of turning professional and earning millions brought many to Las Vegas. Poker, however, is a game where players can go long periods without a
David Koch, the billionaire, industrialist, philanthropist, political activist and onetime vice presidential candidate for the Libertarian Party, died Friday. He was 79. “It is with a heavy heart that I announce the passing of my brother David,” Charles Koch announced in a statement. “Anyone who worked with David surely experienced his giant personality and passion
Google had its IPO 15 years ago, and it was a big deal for a couple of reasons. First of all, Google’s IPO was a glimmer of hope after the dotcom bust. And Google was trying to reinvent the IPO by making it more transparent, using a process called a Dutch Auction. Today, the IPO
Despite recent market swings, some retirement savers are feeling pretty comfortable these days. The number of Fidelity 401(k) plans with a balance of $1 million or more jumped to a record 196,000 as of June 30, up 17% from 168,000 last year, according to a new report by Fidelity, the nation’s largest provider of 401(k)
At age 22, with no formal fashion education Claudia Lambeth took a giant leap and started a one-of-a-kind luxury lingerie line while she was in law school. With just a little seed money she inherited from her grandfather, Lambeth was able to purchase fabrics and other materials she needed to build her first bra and
Ted Jenkin (left), CEO of oXYGen Financial, with children Lyla, Louden and Olivia and wife Genna Jenkin. Ted Jenkin It’s official: Apparently, you can go home again. A recent TD Ameritrade survey found that 50% of “young millennials” plan to move back home with their parents after college. The survey polled 1,027 members of Generation
Attendees and judges gather around a 1966 Ferrari 330 P4 Drogo Spyder motor vehicle during the 2016 Pebble Beach Concours d’Elegance in Pebble Beach, California, U.S., on Sunday, Aug. 21, 2016. David Paul Morris | Bloomberg | Getty Images Routinely described as the world’s most popular, elegant and exclusive classic car show, the annual Pebble
WeWork’s parent company just filed for an IPO this week, and it could go public as early as Septmeber. The company joined the flurry of tech IPOs in 2019, but also revealed a massive $900 million loss in the first half of 2019, causing investors to worry about the downside risks. What if the economy
The Hennessey Venom F5 concept vehicle is displayed during the 2018 Pebble Beach Concours d’Elegance in Pebble Beach, California, U.S., on Sunday, Aug. 26, 2018. David Paul Morris | Bloomberg | Getty Images For classic car fans, there’s only one place to be this week: California’s Monterey Peninsula where more than a dozen different events
Actor Sean Connery, as James Bond, on the set of Eon Productions’ “Goldfinger” with a 1964 Aston Martin DB5 Bettmann | Getty Images One of the most famous movie cars of all time – James Bond’s Aston Martin DB5 – sold at auction Thursday night for $6.4 million. The car, one of just three surviving
The Hennessey Venom F5 concept vehicle is displayed during the 2018 Pebble Beach Concours d’Elegance in Pebble Beach, California, U.S., on Sunday, Aug. 26, 2018. David Paul Morris | Bloomberg | Getty Images Thousands of classic car fans are rolling onto California’s Monterey Peninsula for what has become one of the year’s most eagerly awaited
1939 Porsche Type 64 Source: RM Sotheby’s This weekend, a sleek, vintage car that’s being called “the world’s first Porsche” heads to the auction block with an estimated price tag of over $20 million. There is just one problem: Porsche says the 1939 Porsche Type 64 isn’t the first Porsche ever made. In fact, it’s
Jeffrey Epstein was worth an estimated $559 million, yet may have paid little in the way of personal income taxes. The now-deceased financier, accused of sexually assaulting and trafficking girls as young as 14, had more than $179 million in assets from real estate, including a New Mexico ranch, a home in Palm Beach, a
Attendees view cars on display during the 2015 Pebble Beach Concours d’Elegance in Pebble Beach, California, U.S., on Sunday, Aug. 16, 2015. David Paul Morris | Bloomberg | Getty Images It is the Coachella of classic cars, the Woodstock for wealthy wheel-freaks. It’s Monterey Car Week, which includes the Concours D’Elegance car awards show and
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