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A local house with a porch in Edgartown on Martha’s Vineyard, Massachusetts, USA.Wolfgang Kaehler | Lightrocket | Getty ImagesA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.The great wealth transfer is leading to a great real estate transfer, with up to $25 trillion in real estate owned by older generations that could get passed down — and fought over — in their families.According to Cerulli Associates, $105 trillion is expected to be passed down by baby boomers…
MOUNT GRETNA, Pa. (AP) — It takes a 54-page pamphlet to list all the classes, concerts, outdoor recreation and other self-improvement and entertainment going on at the Pennsylvania Chautauqua in Mount Gretna this summer.The area springs to life every June, July and August, when a year-round population of about 1,000 more than doubles and thousands more crowd in for big events. The picturesque front porches that define the town are abuzz with energetic cottagers who punctuate their days with cooking lessons, nature walks, yoga, professorial lectures, music and plays. In short, it’s kind of a summer camp for the sort…
by Lacey Pfalz Last updated: 9:40 AM ET, Fri August 22, 2025 An inebriated British couple in their thirties were arrested upon landing in Alicante, Spain after they caused a disturbance mid-flight by announcing to the full flight they were “joining the mile high club,” then went into one of the airplane’s lavatories to fulfill their announcement. The incident happened on the night of August 15. The flight, operated by EasyJet, left from Luton airport in the United Kingdom. According to British outlet Express, cabin stewards tried to calm the rowdy couple down before they entered the lavatory, when the woman…
Sustainability-focused fintech Aspiration was flying high a few years ago, attracting famous investors including Orlando Bloom, Leonardo DiCaprio, and Robert Downey Jr. Now, its co-founder will plead guilty to helping perpetuate a $248 million fraud scheme, according to U.S. attorneys. Joseph Sanberg, who was arrested in March, has agreed to plead guilty to two counts of wire fraud, felony counts that could land him in prison for up to 20 years each. “This so-called ‘anti-poverty’ activist has admitted to being nothing more than a self-serving fraudster, by seeking to enrich himself by defrauding lenders and investors out of hundreds of…
Facebook Tweet Email Link Reuters — The British government on Friday extended the deadline until October to decide on whether to approve China’s plans to build the largest embassy in Europe in London after Beijing refused to fully explain why the plans contained blacked out areas. China’s plans to build a new embassy on the site of a two-century-old building near the Tower of London have stalled for the past three years because of opposition from local residents, lawmakers, and Hong Kong pro-democracy campaigners in Britain. Politicians in Britain and the U.S. have warned the government against allowing China to…
by Lacey Pfalz Last updated: 10:45 AM ET, Fri August 22, 2025 Margaritaville at Sea is bringing back its Paradise Pass program with some new updates, allowing travelers the flexibility to enjoy unlimited, non-consecutive sailings with the line. Passholders and one guest can enjoy unlimited sailings, provided they aren’t back-to-back, in Picturesque Oceanview or Breezy Balcony staterooms with shipboard credit, free match play at the casino, Friends & Family offers and more. Passholders can reserve their room up to 30 days ahead of departure. The Silver Pass, which starts at $799, allows for unlimited 2-night and 3-night weekend sailings in an…
Beijing may have thrown a wrench into Nvidia’s plans on making a comeback in China’s AI market. Nvidia has instructed its component suppliers to stop production related to its H20 AI chip, according to The Information. The production halt comes after Beijing reportedly warned Chinese companies against using these chips because of potential security issues and fears of backdoors that would give the U.S. access to sensitive data. China’s government is urging companies to use domestic chips instead, The Information reported. This comes a month after companies including Nvidia were given the green light to start selling its AI chips…
Y Combinator has filed an amicus brief in the ongoing legal battle between Apple and Epic Games, arguing that the App Store has stifled startup innovation. We’ve reached out to legal reps for YC and Apple for comment. The brief comes during the years-long legal dispute. Epic Games first filed an antitrust lawsuit against the iPhone maker in 2020 in protest of Apple taking a 30% fee for every purchase made in the App Store, as well as in-game purchases. Epic claimed in its suit that Apple unlawfully banned developers from telling customers about payment alternatives to the App Store. …
Facebook Tweet Email Link For Ukraine, history is a battlefield. Months before Russian President Vladimir Putin launched his full-scale invasion, he published a brooding, 5,000-word article that made the case for dismantling the country; in his speech to mark the start of Russia’s offensive he reeled off a litany of historical grievances against the West; and months into the war, he cast himself as the successor to Russia’s modernizing tsar Peter the Great. History lessons are now haunting Ukraine again. As US President Donald Trump pushes for a negotiated end to the war there, politicians and pundits are searching for…
SpaceX is gearing up to launch its massive Starship rocket from South Texas, a test that gives the company a chance to reverse a brutal few months of mishaps on the ground and in the air. The last Starship test flight was nearly three months ago, and it notched a milestone: the first reuse of a Super Heavy booster. But that mission ended with the upper stage, also called Starship, or Ship, breaking apart on reentry and the booster exploding over the Gulf during the landing burn phase of flight. A few weeks later, the Ship slated for Flight 10…