Capsule hotels are a cheap alternative to expensive accomodation in London for office workers. Sawdah Bhaimiya Workers who moved out of London for remote work are under pressure to come back to the office in the city, and some are choosing to stay in Japanese-inspired sleeping pods for just £30 Continue Reading
How George Hongchoy transformed Link REIT into a real estate giant
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On this episode of Managing Asia, retiring Link Asset Management’s Group CEO George Hongchoy opens up about the risks, tough calls and bold bets that helped reshape one of Asia’s largest real estate investment trusts.
How donors, access and polls led Trump to reclassify marijuana
President Donald Trump’s move Thursday to sign an executive order easing federal restrictions on marijuana — and clearing the way for a Medicare pilot program covering CBD — caps a coordinated, yearlong push by the cannabis industry that combined traditional lobbying, sizable political donations, data-driven messaging and direct outreach to Continue Reading
Christmas shoppers focus on quality rather than deals
While discounts drive purchasing in the early days of the holiday shopping season, consumers are shifting into more thoughtful, quality gifts in the back half of the season as total spending growth slows. U.S. consumers had spent $187.3 billion so far online between Nov. 1 and Dec. 12, up 6.1% Continue Reading
Jefferies top 2026 real estate pick is a play on the aging population
American Healthcare REIT is set to be a winner in 2026, according to Jefferies. The Wall Street firm named the senior housing stock its top real estate play on the aging population — a theme it expects to outperform next year. The real estate investment trust, which came public in Continue Reading
Classic-car auctions hit $4.8 billion this year, set for strong 2026
A 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 strength in the classic-car market is expected to continue in 2026 as a new generation of collectors Continue Reading
Claire’s owner Ames Watson feuds with Asia suppliers during bankruptcy
Chris Ratcliffe | Bloomberg | Getty Images Tween retailer Claire’s is facing legal challenges from some of its Asia-based suppliers over millions in unpaid debts as it tries to emerge from a second bankruptcy under new ownership, according to claims the suppliers filed in Hong Kong. The clash with vendors Continue Reading
Fire and Ash’ tops $12 million in Thursday previews
Still from Disney’s “Avatar: Fire and Ash.” Disney Disney and James Cameron’s third Avatar movie, “Avatar: Fire and Ash,” hit theaters Thursday, snapping up $12 million in early preview screenings domestically. The second installment in the film series, “The Way of Water,” had a better start and tallied $5 million Continue Reading
November home sales struggle as supply stalls
High home prices, stubbornly high mortgage rates and now less supply are all weighing on potential homebuyers. Sales of previously owned homes rose just 0.5% in November from October and were 1% lower than November 2024, according to the National Association of Realtors. Sales came in at an annualized rate Continue Reading