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A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. After a promising 2025 for commercial real estate deal volume, this year started with a fizzle. The one standout in January was big sales by the Blackstone Real Estate Income Trust. Blackstone appears to be rebalancing its portfolio, selling off legacy holdings and moving to data…

A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. After a promising 2025 for commercial real estate deal volume, this year started with a fizzle. The one standout in January was big sales by Blackstone . Blackstone appears to be rebalancing its portfolio, selling off legacy holdings and moving to data centers, high-end apartments and…

Dia Dipasupil | Getty Images Entertainment | 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.America’s top 50 philanthropists gave a whopping $22.4 billion to charity in 2025, according to the Chronicle of Philanthropy’s latest annual ranking. Media titan Michael Bloomberg led the Philanthropy 50 for the third year in a row, donating $4.3 billion to support the arts, public health and other causes.Billionaire philanthropist MacKenzie Scott is notably absent from the ranking. Scott announced on…

Big Tech leaders once pointed to the economy when cutting jobs. Now they point to AI.Recent layoff memos — including those from Block and Atlassian — read less like apologetic explanations of economic headwinds or cost-cutting initiatives, and more like strategic manifestos for the AI era.Block’s Jack Dorsey and Atlassian’s Mike Cannon-Brookes both frankly highlight profound shifts in how they see technology reshaping work and, therefore, how many workers they’ll need in the years to come.New technology, combined with smaller and flatter teams, Dorsey wrote in his late-February memo, is “enabling a new way of working which fundamentally changes what…

The smart money needs to get smarter.Hedge funds and other savvy investors have battled volatile markets since March’s onset, due to the conflict between Iran and the US and Israel. It has thrown interest rates, equities, and commodities into disarray, and many big-name managers suffered losses in the month’s first week.For funds hungry for on-the-ground intel about the Middle East, alternative data intelligence firm Neudata has compiled a report for the data consumers on its platform — think hedge funds and big institutional investors — outlining datasets that could help.Sophisticated money managers have long mined obscure datasets, such as anonymized…

This as-told-to essay is based on a conversation with Sarthak Gupta, a 29-year-old data scientist at Amazon who lives in Seattle. The following has been edited for length and clarity.In 2023, I was living in New York City and working as a quantitative research intern at a nonprofit organization. I decided to pursue a role at a larger corporation that combined AI, quantitative risk, and finance, and became interested in the tech industry.To set myself up for success, I was very strategic about where I chose to live. I realized there were roles that checked all my boxes in the…

Several months before Palantir moved its headquarters to Miami, an entity with ties to the company’s billionaire CEO, Alex Karp, put down roots in the city.In June, Hibiscus East LLC purchased a home on Miami’s San Marino Drive for $46 million, according to property records.Like several of Karp’s other properties, the LLC is registered in Delaware. It is connected to an attorney’s office in Manchester, New Hampshire, and an accounting office in Bedford, New Hampshire, both of which appear on documents from previous real estate transactions that are linked to Karp.The nearly 10,000-square-foot newly built home sits on San Marino…

A general view of the WNBA logo on the court before a WNBA game between the Atlanta Dream and the Connecticut Sun at Mohegan Sun Arena in Uncasville, Connecticut, Sept. 1, 2025.Erica Denhoff | Icon Sportswire | Getty ImagesThe Women’s National Basketball Association and its Players Association are inching closer to a collective bargaining agreement, now two days past their self-imposed deadline.The parties have been meeting around the clock at a midtown hotel in New York City, with negotiations stretching into the late morning hours to hammer out a deal, according to a person familiar with the process, who was…

Tinder wants you to get offline. No, really.The world’s biggest dating app announced a variety of new features for 2026 at its product conference, Tinder Sparks. There will be ways to match based on music taste and astrology, to enhance photos with AI — and to skip out on the back-and-forth of online dating entirely.The new “Events” tab, which is testing in Los Angeles this month, will connect users to in-person dating events. In an exclusive interview, CEO Spencer Rascoff said that IRL dating is the “perfect solution” for Gen Z daters.”Events are fun, they’re low-pressure, they’re social, they’re safe,”…

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.Global collectors shrugged off the stock market declines and the war in Iran last week to spend more than $600 million on classic cars and fine art, signaling continued strength at the top of the economy.Last week’s art sales in London topped $550 million, up over 50% from last year, according to Sotheby’s, Christie’s and Phillips auction houses. Some works sold for more than twice their estimates…