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Top News & Analysis New York City


  • Where the ‘One Percent’ Live Tuesday, 14 Feb 2012 | 9:28 AM ET
    UHNW population: 1,855 With an UHNW population that nearly doubles that of Atlanta, Dallas is home to 1,855 individuals worth at least $30 million, according to Wealth-X. The Dallas area is home to major companies like AT&T, Dean Foods, Texas Instruments and Southwest Airlines. Some of the richest residents include billionaire and former presidential candidate H. Ross Perot, oil magnate Ray Lee Hunt and leveraged buyout billionaire Harold Simmons.

    Who are the one percent, and where are they from? According to Wealth-X, the United States is home to 57,860 such individuals. Find out which cities they call home.

  • Cities With the Most Speed Traps Friday, 10 Feb 2012 | 2:54 PM ET
    When lead-footed drivers get snagged and ticketed, their downfall might have been passing a speed trap where a cop was using radar or a laser, or maybe the driver passed a speed camera. However, as technology improves traffic enforcement, it is also progressing on the side of the speeder. Now joining the radar detector is crowd-sourced reporting of speed traps, a virtual warning system using the Internet and a mobile app. This list of the 10 most -active cities for speed traps was compiled by Tr

    As technology improves traffic enforcement, it is also progressing on the side of the speeder. Check out the list of the 10 most-active cities for speed traps, as compiled by Trapster.com.

  • Homes of Celebrity Couples 2012 Wednesday, 8 Feb 2012 | 1:00 PM ET
    It often seems that celebrities operate on a faster timeline than the rest of us. A lot can change in a year with them, especially regarding real estate — just look at the lineup of duos from the original , published in January 2011. Beyonce and Jay-Z had a baby around the same time Heidi Klum and Seal announced their impending divorce.  Penelope Cruz and Javier Bardem finally  their house at a price reduction ($2.88 million, down from $3.695 million), and Sacha Baron Cohen and Isla Fisher’s mid

    Some of the following homes of celebrity couples are recently sold, some are for sale, one is being rented and one is offered for rent.

  • New York Housing Market Could Still Collapse: Analyst Wednesday, 8 Feb 2012 | 10:44 AM ET
    New York City Skyline

    There's been a lot of talk recently about home prices reaching a bottom. But not everyone is convinced.

  • Extreme Closets Thursday, 2 Feb 2012 | 3:01 PM ET
    Luxury home aficionados and voyeurs know that walk-in closets are a given in any modern or updated high-end property. Many mansions and penthouses have closets larger than the footprint of entire apartments rented by the non-rich and non-famous (ahem).  However, two of the most coveted closets are improbably located in apartments in New York, where even decent-sized closets are rare. One belongs to Mariah Carey, who showed it off on “MTV Cribs” and it is really more of an ostentatious wardrobe r

    The following collection of extreme closets have a marvelous urban example, as well as several remarkable closets from other continents.

  • The Man-cession and the He-covery Wednesday, 25 Jan 2012 | 2:31 PM ET

    During the height of the recent financial crisis, a new term entered the lexicon of pop economists and established number-crunchers alike --- “man-cession.” This term refers to the loss of jobs among men, which occurred at a higher rate than it did among their female counterparts. However, things finally seem to be turning around.

  • Is Gay Marriage Good For Business? Monday, 23 Jan 2012 | 4:27 PM ET

    Washington state may be the next American state to legalize gay marriage. It has the support of several major companies, but Microsoft is the most high-profile business to back it. Prominent figures in the business community support marriage equality, as was the case in New York, the last state to legalize it.

  • South Carolina Primary Update Friday, 20 Jan 2012 | 1:30 PM ET
    South Carolina Primary Update

    CNBC's John Harwood has the state of play on the campaign trail, hours before the voting begins in South Carolina's primary. Also, reaction from the audience when President Obama burst into song at the Apollo Theater in New York City last night.

  • 10 Richest US Presidential Candidates Friday, 20 Jan 2012 | 11:10 AM ET
    Since 1992, politicians vying for the highest office in America have tried to project a down-home demeanor to endear themselves to the electorate. At the same time, nobody can mount a serious campaign for the presidency without money, and lots of it. So as nice as it is to come off like someone a voter would love to have a beer with, even the folksiest candidate will never make it to the Iowa caucus without a vast war chest.Since it takes money to run for president, it’s not surprising that some

    CNBC.com ranks the 10 richest people who have sought the U.S. presidency since 1992. Check out the list!

  • BNY Mellon, Regulators Not Talking Dollars  Wednesday, 11 Jan 2012 | 2:13 PM ET
    Bank of New York Mellon
  • Urban Mansions Thursday, 5 Jan 2012 | 5:09 PM ET
    In city settings, mansions are less expected dwellings, especially in densely populated downtown areas where many people live crammed in on top of one another. There, the thought of a 10,000-plus-square-foot building housing just one family is excessive. Some people  excess and have the fortune to back it up, and those families have left a legacy of impressively ornamented historic homes. The ones intact today are like immersive time capsules back to a bygone era of magnificent opulence. We’ve c

    In city settings, mansions are less-expected dwellings, especially in densely populated downtown areas. We’ve collected a lineup of them here, including no less than three mansions built on beer fortunes.

  • Nivea Sponsoring New Years Eve in NYC Friday, 30 Dec 2011 | 4:51 PM ET
    Nivea Sponsoring New Years Eve in NYC

    Nivea is sponsoring New Years Eve for its fourth consecutive year and the company is also celebrating its 100th anniversary. Sharing insight into the company's strategies and plans behind the big celebration, with Bill Graham, Beiersdorf USA president.

  • Henes: NYC is Pension Model for 21st Century? Wednesday, 21 Dec 2011 | 10:00 AM ET

    It is the governance of public pension plans that needs to be restructured to assure that pension funds are being appropriately invested and protected.

  • The 'Romance' of Homelessness in NYC Thursday, 15 Dec 2011 | 2:05 PM ET

    Robert Johnson at Business Insider has posted a story about young homeless couple living on the streets of New York.

  • Most Expensive US College Dorms Thursday, 15 Dec 2011 | 12:01 PM ET
    When people lament the rising cost of a college education, they’re usually talking about tuition. Now,  an online resource for college students, has published  that shows that a bed and three square meals a day aren’t cheap either.The priciest dorms are largely in New York and California, where a place to live has never been cheap.The dorm prices show that this sometimes overlooked higher education cost can not only exceed $13,000 per academic year, but in some cases it can almost equal the pric

    When people lament the cost of  college, they’re usually talking about tuition. They often don't think of room and board. Now, there's a list  that shows that a bed and three square meals a day aren’t cheap either.

  • Advertising Executive Killed in Freak Elevator Accident Wednesday, 14 Dec 2011 | 6:53 PM ET

    An advertising executive stepping onto an elevator at her Madison Avenue office building became caught as its doors were closing and was dragged as it shot upward, crushing her to death between floors.

  • Shoppers Stocking up at CVS Monday, 12 Dec 2011 | 2:37 PM ET
    Shoppers Stocking up at CVS

    CNBC's Courtney Reagan reports on lifted holiday retail sales at drug stores.

  • The Populist Politicking of Pandering Friday, 9 Dec 2011 | 6:51 AM ET

    Why New York's new tax reform package and California's tax proposal are both unfair.

  • Father and Son Pro Athletes Thursday, 1 Dec 2011 | 4:39 PM ET
    Professional sports are full of sons who have taken up the mantle of their fathers and gone into the family business. There’s Bobby and Barry Bonds. There’s Archie Manning, who spawned a professional football dynasty in his sons Eli and Peyton. And then there’s the Ken Griffeys and the Cal Ripkens, junior and senior.Unlike some who follow their fathers into the family business, none of these pro athlete sons can be accused of gaining their careers through nepotism. They may have famous pedigrees

    Who are some professional athlete fathers whose sons followed in their footsteps? Find out!

  • Empire State Building Might Join IPO Wednesday, 30 Nov 2011 | 9:31 AM ET
    Empire State Building

    The Empire State building might become part of a publicly traded real estate firm, according to SEC filings.