Wealth
The most powerful passports of 2025: The US and the UK fall, while India rises
Singapore has the world’s strongest passport — again, according to the latest Henley Passport Index. The ranking, released Tuesday, shows the small nation-state retaining the top spot in the index, after it broke a six-way tie for the accolade earlier this year. In 2024, Singapore shared the top ranking with Japan, Germany, Italy, Spain and […]
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Construction begins on Las Vegas Sands’ $8 billion ‘ultra luxurious’ resort in Singapore
Construction has started on an $8 billion “ultra luxurious” integrated resort in Singapore that will expand the city-state’s Marina Bay Sands integrated resort and Las Vegas Sands’ presence in Asia. Singapore’s Prime Minister Lawrence Wong and Las Vegas Sands co-founder Miriam Adelson attended a ground-breaking ceremony Tuesday, where it was revealed that the development will […]
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Asians are avoiding trips to the U.S. this year — for a variety of reasons
Tough talk on tariffs, reports of border detentions and unfavorable exchange rates are putting some travelers, especially Canadians, off trips to the United States this year. But those in Asia say they’re avoiding trips to the U.S. for different reasons. Nearly 80% of Southeast Asian travelers said the United States is losing appeal as a […]
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Photos show Altman, Iger and Cook arrive at ‘summer camp for billionaires’ in Sun Valley
Key Points Top executives from tech, media and finance gathered in Sun Valley, Idaho, for Allen & Co.’s annual conference this week. The gathering is often referred to as “summer camp for billionaires.” Apple CEO Tim Cook, Walmart CEO Doug McMillon, Disney CEO Bob Iger and OpenAI CEO Sam Altman were pictured entering the lodge. […]
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Jeff Bezos sells $666 million in Amazon stock as part of plan to unload 25 million shares
Jeff Bezos gestures as he leaves Aman Venice hotel, ahead of their expected wedding, in Venice, Italy, June 25, 2025. Guglielmo Mangiapane | Reuters Amazon founder Jeff Bezos sold nearly three million shares worth $665.8 million over two days in July, a regulatory filing Tuesday showed. The stock sale is part of a plan announced […]
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Pajamas at breakfast and bare feet in the lobby: How hotels are tackling bad etiquette
Hotels want guests to feel at home — but some take it too far, according to a Hotels.com survey. The survey results, published by Expedia in March, showed that the most frowned upon behavior was walking around barefoot, with 94% of respondents deeming it inappropriate. A close second is wearing hotel robes in the lobby […]
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Where a Michelin-starred Japanese chef eats, drinks and shops in Tokyo
Shingo Akikuni is best known as the chef at SHINGO, a one-Michelin-starred Japanese restaurant in Miami. He grew up in Japan and returns yearly as a visitor. The fourth-generation sushi chef told CNBC Travel how he spends his time there. Where he eats Ginza Sushi Aoki Akikuni’s first recommendation is where he was trained as […]
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Trump bans citizens of 12 countries from entering the U.S.
The Trump administration signed a proclamation Wednesday suspending travel to the U.S. for citizens from 12 countries: Afghanistan, Myanmar, Chad, Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan and Yemen. Citing national security interests, the proclamation states that the identified countries lack sufficient vetting and screening processes needed to detect foreign nationals who may […]
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Summer rentals in the Hamptons are down 30%
Key Points Summer rentals in the Hamptons are down 30% from the same period in previous years, according to Judi Desiderio of William Raveis Real Estate. Brokers who focus on ultra-high-end rentals are seeing an even bigger drop and say their rental business is down between 50% and 75%. Some renters may be holding out […]
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The trade war is rattling global business travel — 4 charts show how
Optimism in the global business travel sector has dropped by more than half this year, according to a report published by the Global Business Travel Association. Positive sentiment fell from 67% in November 2024 to 31% in April 2025, according to the report which surveyed more than 900 business travel professionals on the affect of […]
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