Manhattan is ‘buyer’s market’ as real estate prices fall, inventory rises

Manhattan is ‘buyer’s market’ as real estate prices fall, inventory rises

A sign advertising a home for sale is displayed outside of a Manhattan building in New York City on April 11, 2024. Spencer Platt | Getty Images Manhattan is becoming a buyer’s market as apartment prices fell and inventory rose in the second quarter of 2024, according to new reports. The average real estate sales … Read more

Estee Lauder gets rating and price target cuts on China struggles

Estee Lauder gets rating and price target cuts on China struggles

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Top heavy : Stocks were on pace for a higher close Monday in what has been a volatile session for both equities and bonds. The 10-year … Read more

Americans take less time off but Europeans are more vacation deprived

Americans take less time off but Europeans are more vacation deprived

Nearly two in three workers around the world are “vacation deprived,” according to a new report published by Expedia. However, the report shows the feeling is highest among cultures that take the most days off. Some 84% of Germans and 69% of French respondents said they feel they don’t have enough time off, according to … Read more

Diamond industry ‘in trouble’ as lab-grown gemstones tank prices further

Diamond industry ‘in trouble’ as lab-grown gemstones tank prices further

A diamond necklace in a Harrods department store in London. Leon Neal | Afp | Getty Images “A diamond is forever,” but perhaps not for the increasing number of consumers spurning the gemstone for lab-grown counterparts, gold and even other colored gemstones. The slogan was coined by diamond giant De Beers in 1948, capturing the … Read more

Taiwan’s April earthquake deals another blow to its tourism industry

Taiwan’s April earthquake deals another blow to its tourism industry

As a bed and breakfast owner in Taiwan’s Hualien County, Chen Rei-jia was used to the minor tremors that sometimes disturbed her work. But this time, something felt different. “The shaking grew stronger and lasted longer, and as rescue vehicles arrived, I became frightened,” she said. “We heard rocks falling everywhere and saw smoke and … Read more

Chateau de Villette is French manor home that costs $270,000 a week

Chateau de Villette is French manor home that costs 0,000 a week

Chateau de Villette is more than a French manor house — it’s a walk through history. Built in the late 17th century with the help of Jules Hardouin-Mansart and Andre Le Notre,  both of whom were instrumental in building the world-renowned Palace of Versailles, the chateau features seven suites in the main house, each extravagantly … Read more

See inside one of the world’s best hotels

See inside one of the world’s best hotels

Few hotels are as synonymous with old world grandeur and colonial architecture as the Raffles Hotel Singapore — the hotel of choice for the city-state’s visiting elite since it first opened in 1887. Guests from Rudyard Kipling to Catherine, Princess of Wales have graced its hallways, which like the rest of the hotel were revamped … Read more

The most expensive hotel rooms in the world: Paris’ Hotel de Crillon

The most expensive hotel rooms in the world: Paris’ Hotel de Crillon

There are 78 rooms at Paris’ Hôtel de Crillon, but only two “Les Grand Appartements.” The apartments can be combined, along with an adjoining room, to make a three-bedroom mega-suite that covers 335 square meters (3,606 square feet) of the hotel’s fourth floor. Famed fashion designer Karl Lagerfeld designed the interiors down to the smallest of … Read more

Who is the chef at Odette, one of Singapore’s best restaurants

Who is the chef at Odette, one of Singapore’s best restaurants

Odette is named after a revered matriach in Chef Julien Royer’s life: his grandmother. “She is really someone very important to me, and the person that actually showed me how much passion, pleasure, happiness and emotion you can give to people through food,” he told CNBC. Originally from central France, Royer rose to the top … Read more

Luxury homebuyers can now get an art collection as part of the deal

Luxury homebuyers can now get an art collection as part of the deal

Los Angeles real estate company The Agency is selling homes complete with artwork and furniture. The piece shown is called “The McCoys II” (2019) and is by artist Shaina McCoy. The Agency | Nils Timm When Paul Lester joined a luxury real estate agency in Los Angeles, he decided to organize a Beverly Hills property … Read more