Real estate, with its large transaction sizes and frequent use of wire transfers, has proven to be an especially lucrative target for criminals. Wires are faster than other forms of payment, typically closing within 24 hours, can handle far larger sums and are often irreversible, making them ideal for fraud. Scams involving fake emails in real estate deals have exploded over the last decade, rising from less than $9 million in losses in 2015 to $446.1 million by 2022, according to FBI data. One Silicon Valley executive had $400,000 stolen by cybercriminals while buying a home. Read her warning: cnb.cx/3yk8Cvu
CNBC
Broadcast Media Production and Distribution
Englewood Cliffs, NJ 2,895,912 followers
About us
Welcome to CNBC's home on LinkedIn! Follow us for regular updates about financial news, top CNBC.com stories, behind-the-scenes moments and more. CNBC, Inc. provides business news in the United States and Canada. It provides real-time financial market coverage and business information. The company, through its Web site, cnbc.com, provides real-time market analysis; video programming daily; industry and topic-specific blogs; cnbc.com live stream, a long-form scheduled programming of events; charts; and investing tools. The company was founded in 1989 and is headquartered in Englewood Cliffs, New Jersey. CNBC, Inc. operates as a subsidiary of NBC Universal, Inc.
- Website
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http://www.cnbc.com
External link for CNBC
- Industry
- Broadcast Media Production and Distribution
- Company size
- 501-1,000 employees
- Headquarters
- Englewood Cliffs, NJ
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- Public Company
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- Financial News, Stocks, Market Updates, Merger and Acquisitions, Investing Tools, Business News, Earnings, World Market News, Career, Entrepreneurship, Business, Finance, Markets, News, and Journalism
Locations
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Primary
1 CNBC Plaza
Englewood Cliffs, NJ 07632, US
Employees at CNBC
Updates
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Southwest Airlines is ending open seating and will offer extra legroom seats on its airplanes as mounting pressure on the carrier to increase revenue prompts the biggest changes to its business model in its 53 years of flying. The airline plans to start selling the first flights that will offer extra legroom next year, it said Thursday. It also plans to begin overnight flights, starting in February. Read more about the airline's changes: cnb.cx/4dfuSpj
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Gross domestic product in the second quarter was expected to show a 2.1% annualized increase.
U.S. economy grew at a 2.8% pace in the second quarter, much more than expected
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GE HealthCare and AWS team up to build generative AI applications for medical use
GE HealthCare taps Amazon Web Services to build generative AI for medical use
cnbc.com
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People underestimate how much their ideal retirement will cost, according to author Dan Ariely, a professor at Duke University. Here's how much you'll need.
'Predictably Irrational' author says people often underestimate how much their dream retirement will cost. Here's the real number
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The carrier's profit fell 46% during the second quarter even though revenues rose.
American shares drop 7% on weak profit forecast after backfired sales plan, industry oversupply
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CNBC reposted this
⚠ What is the Nipah virus? Here's what you need to know: 👇 Health authorities in the southern Indian state of Kerala are on high alert following the latest flare-up of the deadly Nipah virus. It comes after a 14-year-old boy died from an infection over the weekend and as authorities race to track those who came into contact with him. The Nipah virus, which partly inspired the fictional “MEV-1” virus in the 2011 Hollywood film “Contagion,” is considered one of the most dangerous pathogens circulating in the wild. First identified 25 years ago in Malaysia, Nipah is estimated to have a case fatality rate as high as 75% and has been cited as having the potential to spark another pandemic. ✍ Take a look at the full story: https://lnkd.in/gATtjQFp #Nipahvirus #Nipah #India
India is on alert after a fresh outbreak of the deadly Nipah virus. Here’s what you need to know
cnbc.com
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China on Thursday announced its most targeted measures yet for boosting consumption, which has remained lackluster since the pandemic.
China to use ultra-long bonds for consumer, trade-in policy support as worries about retail sales slump grow
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Keurig Dr Pepper's second-quarter earnings and revenue met Wall Street's expectations.
Keurig Dr Pepper earnings meet estimates as higher prices fuel U.S. soda sales
cnbc.com