Author: Daniel snow

View of luxury waterfront homes and boats along the intracoastal waterway near Jupiter Inlet in Jupiter, Florida in Palm Beach CountyRyan Tishken | Istock | 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.Economic uncertainty is creating a divide in the luxury real estate market between ultra-rich buyers and the merely wealthy, according to a new report from brokerage Coldwell Banker. A survey of some 200 agents specializing in luxury property found that ultra-wealthy buyers, defined as…

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In this photo illustration, the DeepSeek logo is seen displayed on a smartphone screen and in the background, the flag of the European Union. Thomas Fuller | Sopa Images | Lightrocket | Getty ImagesOne of Germany’s data protection watchdogs on Friday said DeepSeek’s app illegally sends user data to China and asked Google and Apple to consider blocking the artificial intelligence service.Berlin’s data protection commissioner Meike Kamp said in a statement that DeepSeek’s transfer of German user data to China is “unlawful.” There is not a readily available way to get in touch with DeepSeek. CNBC has reached out to…

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Wendy Kopp grew up as a member of “the me generation,” during a period of time when she says young, highly educated Americans were “convinced that we all wanted to go to work on Wall Street.”But that ideology didn’t resonate with Kopp, who graduated from Princeton University in 1989.When firms were trying to recruit graduates who could commit two years to work at their firm, Kopp asked herself, “Why aren’t we being as aggressively recruited to commit just two years to teach in our country?” She became heavily invested in answering that question.”It’s a big, complex, systemic challenge, and we know…

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