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Ultra-wealthy millennials and Gen Zers to displace baby boomers by 2040

Ultra-wealthy millennials and Gen Zers to displace baby boomers by 2040

Young cheerful lady enjoying on poolside. Resting in spa hotel in pine forest in summertime. Swimming pool in tourist resort. Joyful woman on vacations, female wellbeing. Oleg Breslavtsev | Moment | Getty Images 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 […]

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Tokenization of real world assets is an unstoppable ‘freight train’ coming to major markets: Robinhood CEO

Tokenization of real world assets is an unstoppable ‘freight train’ coming to major markets: Robinhood CEO

Vlad Tenev, chief executive officer of Robinhood Markets Inc., during the Token2049 conference in Singapore, on Thursday, Oct. 2, 2025. Bloomberg | Bloomberg | Getty Images The tokenization of real-world assets, from stocks to real estate, will spread to financial markets around the world, according to Robinhood Markets Chief Executive Officer Vlad Tenev.  “Tokenization is

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Microsoft launches AI and productivity software bundle for consumers

Microsoft launches AI and productivity software bundle for consumers

Yusuf Mehdi, executive vice president and consumer chief marketing officer at Microsoft, speaks at a company briefing in Redmond, Wash., on May 20, 2024. Microsoft unveiled a new category of PC that features generative artificial intelligence tools built into Windows, the company’s world-leading operating system. Jason Redmond | AFP | Getty Images Microsoft said Wednesday

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Microsoft sales chief Althoff gets new role as CEO of company’s commercial business

Microsoft sales chief Althoff gets new role as CEO of company’s commercial business

President of Microsoft North America Judson Althoff speaks on stage during We Day at KeyArena on April 23, 2015 in Seattle, Washington. Mat Hayward | Getty Images Microsoft‘s top-ranking sales leader, Judson Althoff, has been promoted to a bigger role as CEO of the company’s commercial business. Satya Nadella, Microsoft’s CEO, wrote in a memo

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Government shutdown means opportune timing for Neptune Flood IPO

Government shutdown means opportune timing for Neptune Flood IPO

The timing of Neptune Insurance Holdings’ IPO couldn’t be more opportune. Neptune, the nation’s largest private flood insurance, debuts on the New York Stock Exchange Wednesday under the ticker symbol “NP.” The company sold more than 18 millions shares in its initial public offering at $20 apiece. The company’s first trade comes just as the

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States sue Zillow, Redfin for alleged antitrust violation in online rental housing

States sue Zillow, Redfin for alleged antitrust violation in online rental housing

Rafael Henrique | Lightrocket | Getty Images Attorneys general from five states sued Zillow and Redfin on Wednesday, alleging the companies schemed to stop competition in the online housing rental market. The lawsuit follows a similar one filed by the Federal Trade Commission on Tuesday. Officials from New York, Arizona, Connecticut, Washington and Virginia jointly

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Amazon launches ‘price-conscious’ grocery brand with most products under

Amazon launches ‘price-conscious’ grocery brand with most products under $5

Amazon on Wednesday expanded its private-label grocery lineup with the launch of a new brand aimed at “price-conscious” shoppers, with most products priced under $5. The brand is called Amazon Grocery and includes more than 1,000 items, ranging from dairy, fresh produce, meat and seafood to snacks and baking essentials, the company said in a

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Trump’s threats against late-night TV could spell more trouble for advertisers

Trump’s threats against late-night TV could spell more trouble for advertisers

A sign is displayed outside the El Capitan Entertainment Centre in Hollywood where the “Jimmy Kimmel Live!” show will be recorded on the first night the show will return to the ABC lineup on September 23, 2025 in Los Angeles, California. Mario Tama | Getty Images Late-night television has come under fire in recent months.

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