Can you get an MC and medication from a vending machine? We gave it a go with Dr Kart, a kiosk that connects users to a doctor or pharmacist. The first Dr Kart kiosk, which recently went viral on TikTok, is located at the Shell petrol station at 9 Tampines Avenue 2. Find out more: https://cna.asia/4feLOwN
Elon Musk is on track to becoming the world's first trillionaire by 2027, according to a report from Informa Connect Academy. The biggest driver of Musk's wealth has been Tesla stock and his ownership of SpaceX. Federal Reserve data shows the share of wealth controlled by the top 1% has grown dramatically, while the wealth of the bottom 50% has stagnated. Some feel that rising tides lift all boats, while others think wealth concentration can be harmful to society.
Between 1979 and 2024, productivity in the U.S. soared by 80.9%, while hourly pay grew by just 29.4% during the same period. In June 2024, two-thirds of middle-income households reported that their income was falling behind the cost of living. This trend has often been referred to as ‘wage stagnation’. But more recently, economists have suggested that deliberate policy decisions have actively suppressed worker’s wage growth. So what exactly is preventing the middle class from earning a higher paycheck?
Men have been steadily dropping out of the workforce - especially men aged 25 to 54, who are often considered to be in their prime working years. About 10.5% of men in their prime working years, or roughly 6.8 million men nationwide, are neither working nor looking for employment, compared to just 2.5% in 1954. So what’s driving men out of the workforce? And if left unchecked, what impact will it have on the U.S. economy?
At just 30 and 27 years old, Quinn and Brittney Sturgis, a married couple serving in the Air Force, are on track to retire in their early 40s — if they choose to. Both officers are stationed at Travis Air Force Base in Fairfield, California, earning just over $263,000 in combined salary and paid military benefits, with roughly a quarter of it automatically stashed in investment accounts.
This story is part of CNBC Make It's Millennial Money series, which details how people around the world earn, spend and save their money.
New Jersey mom Kim Vaccarella started a side hustle after deciding to create a suitable and easy-to-clean beach bag. However, after a botched shipment of over 1,000 bags for $30,000, Kim had given up on her business -- but then was given a lifeline three years later in the form of a $120,000 investment. Today, Bogg Bag is projected to bring in $100 million in revenue for 2024.
Meredith Tabbone purchased an abandoned $1 home in Sambuca di Sicilia, Italy in 2019. The condition of the property was "dire at best," Tabbone tells CNBC Make It: no electricity, no running water, asbestos in the roof and "probably two feet of pigeon poop on the floor."
Unlocked is a home tour series focused on how much people across the globe spend on their housing, what they get for the money and what they had to sacrifice to make it happen.
Brooklyn Karasack, 27, creates and sells outfits for music festivals as a side hustle in addition to her $108,000/year day-job as an internal audit consulting manager. Since 2021, she has brought in over $10,000 from her sales.
This is an installment of CNBC Make It's Millennial Money series, which profiles people across the globe and details how they earn, spend and save their money.
Jenny Lei, 28, is the founder and CEO of Freja, a company that sells work totes, shoulder purses and travel accessories. The 4-year-old startup brought in more than $9 million in revenue over the last 12 months, including $2 million in profit. Here's how Lei built a trendsetting brand, despite her lack of experience in the industry.
Steven Guo, 24, relocated to Bali, Indonesia, from Southern California in 2024. He currently makes $254,000 a year running multiple e-commerce businesses that are on track to bring in a combined $1.7 million this year.
This is an installment of CNBC Make It's Millennial Money series, which profiles people across the globe and details how they earn, spend and save their money.
Singaporean suspect Malone Lam shot to infamy after he was arrested for allegedly stealing US$230 million in cryptocurrency. The 20-year-old used the money for swanky cars, travel, luxury watches and parties at clubs. How did he pull off "one of the largest cryptocurrency thefts" from a private individual US history? Here's what we know. Read more: https://cna.asia/40MkBxK
From a ryokan-inspired Good Class Bungalow to a property once owned by former president Ong Teng Cheong, we take a look at seven homes in Singapore that are as much of a dazzling display of architecture as they are luxurious
After three tense days of forced closure, the Stock Exchange of Singapore reopens. But the damage has been done - retail investors were left with scrips worth next to nothing.
While Conrad tries to find out more about Peter Tham and his brokerage firm, the CAID team begin their investigation of Tan Kok Liang and Tan Koon Swan. A breakthrough in the case allows them a warrant for the ever-evasive Peter: it appears that Peter has forged scrips to secure more bank loans.
But unknown to many, the company has been borrowing heavily from banks. To prevent widespread panic at the stock market and the loss of millions of dollars, the Stock Exchange of Singapore closes for three days in an unprecedented move. Who caused the stock exchange meltdown?
But how are passport bros received in the Philippines and Thailand, two of the top destination for these roaming Romeos? Are passport bros just an update of the sex tourists prevalent in Southeast Asia? Or are they simply lonely men looking for their shot at love?
How do you save money on your shopping bills when you live in a small, crowded and expensive city? For an increasing number of Hongkongers, the answer is a trip across the border.
Hanoi resident Nguyen Van Lung and his family would like to buy their own home. With high property prices in Vietnam’s capital city, a mortgage is currently beyond their budget. So they are renting for now – but is renting a sustainable option in the long term?
Healthcare costs are on the rise all over the world, including in Singapore, because of factors ranging from inflation to ageing populations. As of 2021, the government accounted for more than half of Singapore’s healthcare expenditure, while a fifth comes out of individuals’ pockets.
Some are asking: Why can’t healthcare be free, or why aren’t there more subsidies? The short answer: Sustainably financing healthcare requires careful balancing.
CNA Insider speaks to hospital frontliners, an economist and others to uncover what’s driving healthcare costs up — and how these can be managed. To ensure that healthcare remains affordable for all, the government is raising MediShield Life premiums from April 2025 to support higher claim limits and expanded coverage for more treatments such as cell, tissue and gene therapy.
(Video produced in partnership with the Ministry of Health.)
Have you seen these devices whizzing past you lately? Personal Mobility Aids (PMAs) are in the spotlight as Singaporeans await tighter regulations next year. Why are people increasingly seen zipping around on these devices? How accessible are illegal PMAs, and who’s enforcing the rules? In this episode of Talking Point, Steven Chia zooms into the misuse of PMAs and who these people are, while uncovering the risks posed by speeding PMAs through a speed experiment.
Steven also breaks down the confusion between PMAs, PMDs, and PABs, and meets an occupational therapist to find out how one could possibly qualify for a PMA next year. Finally, he sits down with a member of the Active Mobility Advisory Panel to ask the big question: Should able-bodied people be allowed to use PMAs if they do so responsibly?
Have you ever dreamt of escaping the crowded city for more space and less stress in the countryside? We meet the Casal family, who left city life and downsized to a tiny house in a forested area in Negeri Sembilan, Malaysia.
How do you turn your passion into a successful business, and all without external funding? 12 years ago, Alicia Pan poured all her savings into her first yoga studio. Today, she has 11 in Singapore and Hong Kong. She tells Money Mind what she wishes she had done differently when she first started her business.
China’s economy might be slowing down but for its youth, there’ll always be time for tea. We meet 28-year-old Shanghai resident Tong Xiaodai. She loves milk tea so much that she spends up to RMB5000 or US$700 a month on the beverage.
Early retirement is a dream for many. In China, some young city dwellers are getting to live out their dream retirement lifestyle, a few decades early. We visit one such youth retirement village, where you'll find hardly anyone over the age of 40.
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