New York City brokers said they've seen a surge in the number of wealthy renters, which is driving Manhattan rents to new records.
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The data includes the portfolios of hundreds of family offices, representing a total of $1.4 trillion in assets.
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Family offices are showing a big shift to stocks. CNBC's Robert Frank joins 'Squawk Box' with the details.
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Bugatti CEO Mate Rimac told CNBC he thinks high-end sports cars will continue to have combustion engines "for a very long time" even with the rise of EVs.
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CNBC Wealth Editor Robert Frank speaks with Bugatti Rimac CEO Mate Rimac about the supercar market, electric vs. combustion engines, and the future of Bugatti.
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CNBC's Robert Frank joins 'Squawk Box' to discuss Manhattan's record-breaking rental market.
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CNBC's Robert Frank joins 'Squawk Box' with the latest on the California billionaire tax debate.
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CNBC's Robert Frank reports on total sales from Monterey Car Week 2026 and Ferrari's first EV selling for $40 million.
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CNBC's Robert Frank joins 'Fast Money' to talk a 'bubble' in the super car market.
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CNBC's Robert Frank reports on the classic car market.
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Lamborghini's Revuelto SV is a limited-edition V12 hybrid with over 1,050 horsepower, a 2.4-second 0-to-100 kph time and a $741,172 starting price.
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CNBC's Robert Frank reports on the highly anticipated classic car auction in Monterey, California with a potential total value of over half a billion dollars.
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