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Cryptocurrency fans will hope the futures contracts, which are federally regulated, can provide some much-needed legitimacy to bitcoin.Cryptocurrencyread more
Despite mixed fan and critic reactions to the final season of "Game of Thrones," the eight-season epic took home the top prize in the drama category at the Emmy Awards on...Entertainmentread more
There are alternative financial centers and investors can turn to Singapore, Tokyo or Shanghai if Hong Kong doesn't "shape up," says the founder and chairman of Citic Capital.Singapore Summitread more
The Kingdom and oil and gas industry have been slow to shore up defenses, raising red flags about the possibility of longer term fall-out in the region.Technologyread more
Tensions between South Korea and Japan may ultimately disrupt the high-end tech sectors, says Heenam Choi, CEO at South Korea's sovereign wealth fund.Singapore Summitread more
On Sunday, the 71st Primetime Emmy Awards honored the best comedies, dramas, limited and variety series from the last year.Entertainmentread more
U.S. President Donald Trump's national security advisor said on Sunday that White House Asia policy adviser Matt Pottinger would become his top deputy.Politicsread more
Removing Neumann is a difficult decision for Son, who has long believed in WeWork and Neumann's vision to quickly expand the company.Technologyread more
Datadog went public on Thursday and instantly hit a $10 billion valuation, becoming the fourth cloud software debut to reach that level this year.Technologyread more
"Silicon Valley is going to leave Silicon Valley — that's already happened," Kelman told CNBC's "Power Lunch."
"The technology companies, the Wall Street companies, they're chasing the talent, [and] the talent is chasing affordable housing."
Kelman, head of the online real estate brokerage and data company, predicted an accelerating shift out of coastal cities as homeowners seek to avoid the higher tax rates of the recently passed Republican tax bill.
Densely populated and pricey cities, he said, are already losing residents and businesses.
"Google employs more engineers outside of Silicon Valley than it does in Silicon Valley, and if Google can't afford Silicon Valley, then no one can."
The "mass migration" to the center of the country is populating cities that were "economically dead five or 10 years ago," Kelman said.
Cities like Denver, San Antonio and Houston are primed to be the next hubs, he said.
"It used to be that in California we owned the future. We felt like everything was happening here first," Kelman said. "And now you see that swagger, that confidence in the center of the country. People in Detroit, people in Texas think they own the future."