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Mortgage rates are the lowest they've been since March in response to cooler-than-expected inflation data. This could help mortgage rates fall even further than currently expected, potentially boosting affordability for homebuyers later this year. See more mortgage rates on Zillow Real Estate on ZillowToday's refinance ratesMortgage type Average rate today This information has been provided by Zillow. This is a significant slowdown compared when it peaked at 9.1% in 2022, which means mortgage rates should start trending down soon. This means your entire monthly mortgage payment, including taxes and insurance, shouldn't exceed 28% of your pre-tax monthly income.
Persons: you'll, Fannie Mae Organizations: Federal Reserve, Zillow, Mortgage, Association, Sky Locations: Chevron
Around the dinner table in the early 2000s, David Katzman would quiz his kids about their dream startups. ModelFit employees told BI that Gelband used the Pelvicore Pro only with the permission of its creator, the physical therapist Christina Christie. Once, in October 2018, David Katzman met with Facebook's ad team to discuss SDC's before-and-after advertisements, which violated the tech company's policies. SDC employees worked on Pvolve marketing campaigns, and Pvolve employees took trips on David Katzman's jet. "He didn't come from anything, and he spent years and years building up the business," the person close to Pasterino told BI.
Persons: Stephen Pasterino, Pasterino, he'd, hadn't, Rachel Katzman, who'd, Katzman, Pvolve, Jennifer Aniston, David Katzman, bankrolled, , Laura Quintana, Stephen, Erik Connolly, Connolly, John Mayer, Nietzsche, Dan Gilbert, David, Gilbert, Usher, Jordan, decanting, Justin Gelband, ModelFit, Taylor Swift, Gelband, Vanessa Packer, Bryan Bedder, we'll, didn't, Woody Allen's, Vera Wang, Katzman's, I've, Cynthia Hannah, Blanca Padilla, Pasterino's, Justin Gelband's, Tracy Anderson's, cofounders, Packer, Christina Christie, Christie, Jordan Katzman, David Katzman's, Camelot, Julie Cartwright, Pvolve's, Cartwright, Hannah Bronfman, Nadine Leopold, Tim P, Pvolve didn't, Quintana, Rachel, SmileDirectClub, Jamie Dimon, Olivia Culpo, Craig Barritt, Bethenny Frankel, Madelaine Petsch, Lola tampons, They'd, Mara, ThreeForm, loaning, Hannah, Christie Brinkley, Monica Schipper, she'd, Rebecca Minkoff, Lindsay Pinchuk, Pamela, couldn't, Kathryn Delacruz, Madison Krause, Krause, Delacruz, " Krause, Pvolve's attorney's, Aniston's, Aniston, Jennifer, Jennifer Aniston's, Connelly, SDC's cofounders, — Pasterino, ThreeForm hasn't, Sarah VanZalen, there's, Erewhon, WWD, Tim Michaels, franchisors, Michaels, they've, Aperol Organizations: SoHo, Pvolve, Los Angeles ., Depot, DeeKay Enterprises, Quicken Loans, Cleveland Cavaliers, Camelot Venture Group, New, ModelFit, GQ, Getty, Hamptons, Beverly Hills Hotel, Cosmopolitan, BI, Gray Institute, SDC, Camelot, Lionsgate, Facebook, Whitby, Ventures, . Press, Miss, Employees, Naboisho Conservancy, Katzman's, Southampton, Pvolve Facebook, LinkedIn, Health, Forbes, Workers, Industry Locations: Pvolve, New York, Chicago, Los Angeles, Hammonton , New Jersey, Atlantic City, Jersey Shore, Franklin , Michigan, Michigan, Detroit, Las Vegas, Beverly, SoHo, Ibiza, France, Paris, Vogue, California, ModelFit, Covent, London, Riverdale, New Jersey, Pasterino, Italy, Kenya, Naboisho, Nashville, San Diego, New York City, shuttering, Ann Arbor , Michigan, ThreeForm, Angeles, Malibu
"It is a luxury, absolutely," Brooke Kimbrough, cofounder and CEO of Roots Surrogacy, told BI. All the surrogacy agencies BI spoke with said it's essentially never the case that someone opts for surrogacy simply for vanity reasons. Perhaps the primary drawback to pursuing concurrent surrogacy (that is, besides the high price tag) is the logistics of it. Jarret Zafran, founder and executive director at Brownstone Surrogacy, told BI that it's not necessarily only the ultrawealthy who pursue concurrent surrogacy. But he's still not totally sure why they chose to do concurrent journeys rather than space the children out a bit more.
Persons: , Bill Houghton, Houghton, twiblings, surrogates, Brooke Kimbrough, Kim Kardashian, Chrissy Teigen, Teigen, John Legend, Dimitrios Kambouris, it's, they've, Kim Bergman, They've, David Sher, Sher, It's, Bergman, Jay L, There's, doesn't, Jarret Zafran, Zafran, he's Organizations: Service, Business, Global Market, BI, American Society for Reproductive Medicine, Elite, The Washington Post Locations: Spain
So when the couple learned about the FIRE movement in their mid-20s, it was music to their ears. They then tried to apply some of that information to their financial strategies. Over the past several years, the couple has grown their combined net worth to more than $800,000, according to documents viewed by BI. To make more money, Arsenault said they've "aggressively pushed for additional income." When their strategies generate extra money, the couple invests as much as possible in their 401(k) plans and low-cost index funds.
Persons: , Chrissy Arsenault, Ryan, didn't, Arsenault, who've, hasn't, Chrissy Arsenault Arsenault, they've, They've, They're, We've Organizations: Service, FIRE, Business, Facebook, BI Locations: Colorado, Costco, Indiana, Monument , Colorado, Fishers , Indiana
Read previewFormer President Donald Trump, who was seen pumping his fist in the air after he got shot at during a rally in Butler, Pennsylvania, said that he was glad he didn't have to die for an iconic picture. "A lot of people say it's the most iconic photo they've ever seen," Trump said to the New York Post on Sunday. Secret Service tending to Donald Trump onstage at a rally in Butler, Pennsylvania, after he was shot at. AdvertisementHe'll never stop fighting to Save America 🇺🇸 pic.twitter.com/qT4Vd0sVTm — Donald Trump Jr. (@DonaldJTrumpJr) July 13, 2024Florida Sen. Marco Rubio also shared the photo, saying: "God protected President Trump." "So I looked at the stage, and I saw the Secret Service agents rushing to President Trump."
Persons: , Donald Trump, Trump, Anna Moneymaker, Donald Trump Jr, Evan Vucci Organizations: Service, New York, Business, Secret Service, Republican, Trump, Associated Press, Save Locations: Butler , Pennsylvania
Four Gen Z Americans told Business Insider they've followed the principles of the FIRE — financial independence, retire early — movement to achieve a high net worth before their 30th birthdays. But all four emphasized that their sacrifices and risks earlier in life may be the key to their financial stability down the road. Cody Berman, entrepreneur and "passive income expert"Cody Berman hit financial independence at 25 but continues to help others achieve their financial goals. Courtesy of Cody BermanCody Berman, 28, hit financial freedom at 25 but has no plans to retire early. His net worth is about $2.8 million, but he drives a 2015 Nissan truck approaching 100,000 miles.
Persons: , Gen Z, they've, Cody Berman, Cody Berman Cody Berman, Berman, I'm, " Berman, Bosch, Louis, Roth, Amber Smith, Amber Smith Amber Smith, Smith, she's, Cory Sarkisian, Sarkisian, They've Organizations: Service, Transamerica Center, Retirement Studies, Business, Boeing, Navy, Nissan, Gold City Ventures, Bosch, eBay, Honda Civic, Roth IRA, Savings Locations: St, California, West Des Moines, San Diego, Hawaii, Connecticut, New Zealand
For now, top-yielding online savings accounts and one-year CDs are paying more than 5% — well above the rate of inflation. "Money market brokerage accounts usually pay higher rates than money market or savings accounts at banks," he said in an emailed statement. "Timing your purchase to coincide with lower rates can save money over the life of the loan," Tayne said. However, lower mortgage rates could also boost home-buying demand, which would push prices higher, McBride said. "If lower mortgage rates lead to a surge in prices, that's going to offset the affordability benefit for would-be buyers."
Persons: cardholders, APRs, Tayne, Olga Rolenko, McBride, Mark Kantrowitz, Kantrowitz, Howard Hook, they've Organizations: Treasury, EKS, EKS Associates Locations: Princeton , New Jersey
But at 21, the Team USA athlete is heading to Paris and is tipped to win gold in women's weightlifting. Reeves started weightlifting at age 12 and has trained four times a week ever since. She just set an American women's weightlifting record of 597 pounds total at the 2024 USA Weightlifting's National Championships Week in June. Reeves lifted 265 pounds in the snatch category at the 2024 USA Weightlifting Championships. Visualizing successTo ease her nerves, Reeves is trying to see the Olympics as the same as any other weightlifting competition.
Persons: Olivia Reeves, visualizes, , Reeves, Steve Fauer, he's, We're, Fauer, that's Organizations: Olympic, Service, Team USA, International, Federation, University of Tennessee, BI, Paris Games Locations: Paris, Doha, Qatar, American, Chattanooga, Austin
The delivery reckoning is here
  + stars: | 2024-07-15 | by ( Alex Bitter | ) www.businessinsider.com   time to read: +7 min
Unlike employees, contractor delivery workers have to cover many of their own costs. "No one wins under this law, including delivery workers," the spokesperson said. Gig workers have had to get choosier about jobsThe dilemma isn't unique to the food delivery world. Timothy Turer, who has worked in rideshare and gig delivery in Florida since 2016, remembers the dirt-cheap fares that Uber and Lyft offered riders early on. But with many telling BI that the job has gotten less profitable for them lately, or setting up their own delivery services, or even begging food delivery customers for better tips, it's clear cracks are starting to show in the well-polished delivery system.
Persons: , Uber, that's, it's, Instacart wouldn't, Instacart, he's, you'd, They've, Timothy Turer, Lyft, I'm, Turer, hasn't, DoorDash Organizations: Service, Business Locations: California, North America, New York, Seattle, rideshare, Florida
Getty Images; Jenny Chang-Rodriguez/BIFinfluencers touting money-losing advice typically have more followers than skilled accounts, according to a study. Betting against "antiskilled" finfluencers can yield a monthly 1.2% abnormal return. They added: "Furthermore, the social media sentiment by antiskilled finfluencers is highly persistent and induces long swings in the magnitude of their followers' belief bias." Given that antiskilled finfluencers tend to ride investing sentiment, their tone will follow the broader market attitude. That means that they'll tweet positively after a return, and negatively after a loss, while skilled accounts do the opposite.
Persons: Jenny Chang, Rodriguez, it's, antiskilled finfluencers Organizations: Swiss Finance Institute, charlatans, Business
In Friday's earnings commentary , the Club upgraded Wells Fargo back to our buy-equivalent 1 rating — viewing Friday's drop as an opportunity to add shares. Taken together, it shows just how far the CEO has gone to rehabilitate Wells Fargo. That same year, Wells Fargo admitted to improperly charging home lending customers for mortgage-rate-lock extensions as well. WFC YTD mountain Wells Fargo (WFC) year-to-date performance The Federal Reserve ordered Wells Fargo to freeze its balance sheet in 2018, keeping its assets below $1.95 trillion until senior management cleaned up its act. Wells Fargo parted with most of its senior management from its pre-2019 era and remade its board of directors.
Persons: Charlie Scharf, Wells, Scharf, That's, Jeff Marks, Wells Fargo, Ebrahim Poonawala, Charlie, " Scharf, we're, JPMorgan Chase, Morgan Stanley, There's, Wells Fargo's, Poonawala, he's, Doug Braunstein, Raymond James, David Long, Marks, He's, Jim Cramer's, Jim Cramer, Jim, Patrick T, Fallon Organizations: Wells Fargo, Club, Investors, KBW Nasdaq, Wells, CNBC, Federal Reserve, Currency, Bank of America, Consumer Financial Protection, JPMorgan, Wall, JPMorgan Chase, Fed, Milken Institute Global Conference, Afp, Getty Locations: Wells, Wells Fargo, U.S, delinquencies, Beverly Hills , California
Mortgage rates dropped last week and remain low today. This should remove a lot of upward pressure off of mortgage rates and allow them to trend down. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's interest rates will affect your monthly payments. 15-Year Fixed Mortgage RatesAverage 15-year mortgage rates inched down to 6.17% last week, according to Freddie Mac data. Mortgage rates increased dramatically over the last two years, but they're expected to go down at some point this year.
Persons: you'll, Freddie Mac, it's Organizations: Federal Reserve, Zillow Locations: May's, Chevron
We've used these options throughout the tournament since game one, as shown in our guide on where to watch free Euro 2024 live streams. How to watch free England vs. Spain live streams from anywhereWith a quick and easy workaround, you can catch all the Euro 2024 final action for free and England vs. Spain today. Where to watch England vs. Spain in SpainAll Euro 2024 matches can be seen for free on RTVE in Spain. You'll need to create a quick login to watch the England vs. Spain live stream, but this doesn't cost anything. Unlike some of the other German channels with free Euro 2024 live streams, you don't need to create a free login to enjoy the live stream.
Persons: haven't, they've, you'll, ExpressVPN, FS1, Fubo, That's Organizations: Business, England, BBC, Geo, ITV, Olympics, Wimbledon, USA Fox, Spain, Nations, Das Erste, Australia Optus Sport, Optus Locations: Spain, Europe, England, Ireland, France, Italy, Germany, USA, Australia
Four Gen Z Americans told Business Insider they've followed the principles of the FIRE — financial independence, retire early — movement to achieve a high net worth before their 30th birthdays. Some said they don't intend on following the "retire early" part of the acronym and instead want to pursue their passions while making money doing so. Cody Berman, entrepreneur and "passive income expert"Cody Berman hit financial independence at 25 but continues to help others achieve their financial goals. Courtesy of Cody BermanCody Berman, 28, hit financial freedom at 25 but has no plans to retire early. His net worth is about $2.8 million, but he drives a 2015 Nissan truck approaching 100,000 miles.
Persons: , Gen Z, they've, Cody Berman, Cody Berman Cody Berman, Berman, I'm, " Berman, Bosch, Louis, Roth, Amber Smith, Amber Smith Amber Smith, Smith, she's, Cory Sarkisian, Sarkisian, They've Organizations: Service, Transamerica Center, Retirement Studies, Business, Boeing, Navy, Nissan, Gold City Ventures, Bosch, eBay, Honda Civic, Roth IRA, Savings Locations: St, California, West Des Moines, San Diego, Hawaii, Connecticut, New Zealand
Even though Fishman is the owner of the VitaCup brand, he said he lost the buy box to a reseller of his coffee products. That meant it was indexed by Amazon's pricing algorithms, Fishman said, causing him to lose the buy box. Angus Mordant | Bloomberg | Getty ImagesWinning the buy box is paramount to a seller's success on Amazon. Nearly 98% of sales made on Amazon go through the buy box button, the FTC alleged in its suit. "The only way to get back the Amazon buy box is to lower our price on Amazon," Arnold said.
Persons: Tom Williams, Brandon Fishman, Fishman, I've, David Zapolsky, Amazon's, Target, Angus Mordant, Mason Arnold's, Arnold, Sunwink, we're Organizations: Washington , D.C, Cq, Inc, Target, Amazon, Walmart, Federal Trade Commission, JPMorgan, Bloomberg, Getty, FTC Locations: Washington ,, Harriman , New York
"The beginning of bull markets has this really incredible trajectory," Demmert said in a recent interview. AdvertisementA slew of catalysts, including investors' fear of missing out, will drive the S&P 500 to 6,000 by year's end, Demmert predicted. "This whole thing ends, eventually, very ugly, but I think that's years away — not months," Demmert said. So we start a new business cycle; new bull market. AdvertisementEconomic cycles usually go for seven to eight years, Demmert said, and this bull market began two Octobers ago.
Persons: , James Demmert, Demmert, I'm, inflation's, there's, We're, that's, Scott Organizations: Service, Main, Research, Business, Federal Reserve, Bears Locations: Wall, Japan, India, China
This as-told-to essay is based on a conversation with Melissa Fitzgerlad, owner and director of Camp Highlander. I'm a huge believer in the sleepaway camp experience and that sending kids to camp is a gift. AdvertisementMy kids started at Camp Highlander when they were 5 years oldMy kids have spent every summer at Camp Highlander since they were babies, first when my parents owned it and then when we did. While it sounds great that we're at the same camp as our kids, kids get the most out of camp when their parents aren't around. She was excited about going and also about returning to Camp Highlander for the rest of the summer.
Persons: Melissa Fitzgerlad, They've, didn't, we're Organizations: Service, Navy, CIT Locations: Baton Rouge , Louisiana, North Carolina, Henderson County, Western North Carolina, Louisiana, Texas, mealtimes, Alabama
Experts told Business Insider the Ukraine war has underscored how some elements of modern air combat are radically changing. And in fights like Desert Storm and the Iraq War, the West established air superiority by taking out its opponent's air defenses. The Russian air force can't meet Western air forces air to air in a major attack without being "shot to pieces," Bronk said. "Nobody really wants an air war with Russia," said John Baum, a Mitchell Institute expert and retired US Air Force lieutenant colonel. "It is not a highly desirable thing, I think, from either side, to want to have this air war."
Persons: It's, Justin Bronk, hasn't, DIMITAR DILKOFF, Bronk, Andrew Curtis, Mark Cancian, Guy Snodgrass, Hoshang, Giorgio Di Mizio, David Allvin, it's, James Hecker, NATO hadn't, " Hecker, that's, Maxim Shemetov, Fabian Hinz, Riivo Valge, Mattias Eken, They're, Paula Bronstein, Anthony Sweeney, US Army Cancian, REUTERS Lockheed Martin, Timothy Wright, disaggregation, Schmuelgen Jarmo Lindberg, Evelyn Hockstein Valge, John Baum Organizations: Kyiv, NATO, Business, Royal United Services Institute, Western, Getty, US Air Force, Storm, Marine, Center for Strategic, International Studies, Russian Defense Ministry Press, AP Russia, AP, Hudson Institute nonresident, International Institute for Strategic Studies, REUTERS, RAND Corp, Patriots, US Army, West, Patriot, Ukraine, REUTERS Lockheed, Finnish Defense Forces, Eurofighter Typhoons, Mitchell Institute Locations: Ukraine, Russia, Russian, AFP, Iraq, Europe, West, Afghanistan, Baltic, Western Europe, Estonian, Finnish, Finland, Washington
After a bout of burnout, the pair decided to quit their conversion business and prioritize building a van to travel in. Scarlett and Seth EskelundAfter five years of converting and selling vans, the couple was ready to build their dream oneIn 2018, Seth and Scarlett felt stuck. Since 2018, Seth and Scarlett converted 11 vans, including three they lived in; their builds typically took three to six months. Side-by-side images of the interior of the couple's $127,000 van build. And while they accomplished their dream van, Scarlett said, "You couldn't pay us to do it again."
Persons: , Scarlett, Seth Eskelund, Seth, It's, Scarlett Eskelund, Ram ProMaster, Scarlett Eskelund paddleboarding, van Scarlett, haves, Lula, Sasha, they've Organizations: Service, Business, The New York Times Locations: The, Colorado, Mexico, Canada
Jackie Lange, 69, moved to Panama from Texas in 2010, thinking she would retire to the mountains. Instead, over a decade later, she's led 250 tours helping hundreds of expats move to Panama. Shortly after making the move, she started Panama Relocation Tours, which takes interested expats across the country, from the beach towns to Panama City. She also crafted an online relocation guide with information on health insurance companies, private hospitals, CPAs, shipping and moving companies, and real estate agents. She pays $2,788 a year for health insurance, which covers 100% of hospital and emergency room visits worldwide.
Persons: Jackie Lange, she's, She's, Lange, Panama Lange, it's, expats, they've, Organizations: Service, Panama Relocation, Business, Panama City, Hyundai, Homes Locations: Panama from Texas, Panama, Panama City, Dallas, East Texas, Boquete, Costa Rica, Texas, Caribbean, Hyundai Santa Fe, Coronado
So, what can set you apart from a sea of Apple candidates? We asked an Apple employee and four tech career experts and recruiters. The interview process at Apple is "generally straightforward," Theresa Park, a former creative recruiter at the company, said. Related storiesOne Reddit user said that during a monthlong interview process as a software engineering candidate, he was asked to design a vending machine. According to posts on the anonymous employee forum Blind, some Apple recruiters might even disclose the exact questions that will be asked in an interview.
Persons: , Apple, Dan Ives, Marc Cenedella, Daniel Harten, Harten, Theresa Park, Glassdoor, Tim Cook, Cook, Leander Kahney, Greg Joswiak, Apple's, Kahney, Arianny Mercedes, Park, they've, Cenedella, Apple didn't Organizations: Service, Apple, Apple Intelligence, Business, Big Tech, American Express Locations: tooting, Munich
(L to R) Anand Piramal, Mukesh Ambani, Radhika Merchant, Anant Ambani, Neeta Ambani, Isha Ambani Piramal, Shloka Mehta Ambani and Akash Ambani pose for the media during a photo opportunity at the red carpet ceremony to celebrate the engagement of Anant and Radhika at Ambani's Antilia residence in Mumbai, India, on Jan. 19, 2023. Mukesh Ambani is the billionaire chairman of Indian conglomerate Reliance Industries, and his youngest son Anant Ambani is marrying Radhika Merchant, the daughter of Viren Merchant, owner of Encore Healthcare. The billionaire family have spotlighted the glitz and glamour of Indian weddings on the world stage, and piqued people's curiosity about why weddings are such a big affair in Indian culture. Additionally, Indian weddings appear to be really spectacular because Indians tend to have big families, various religious and cultural events, and colorful attire and jewelry, according to Karishma Manwani, a London-based luxury wedding planner for Indian weddings. Manwani and Suglani explained the culture and tradition underpinning big Indian weddings.
Persons: Anand Piramal, Mukesh Ambani, Radhika Merchant, Anant Ambani, Neeta Ambani, Isha Ambani Piramal, Shloka Mehta Ambani, Akash Ambani, Anant, Radhika, Ambani's, Viren Merchant, Mark Zuckerberg, Shah Rukh Khan, Rihanna, Justin Bieber, Priya Suglani, Karishma, Manwani, Suglani Organizations: Reliance Industries, Encore Healthcare, BBC, London, CNBC, shimmer Locations: Mumbai, India, Jamnagar, Gujarat, London
The market is only driven by a handful of massive tech stocks – and therefore, it's built on a weaker foundation than a market advancing on a broader swath of its constituents. Companies don't lose dominance or stock leadership because they were dominant the last time we had a bull market. We trimmed Nvidia, Meta Platforms, Palo Alto Networks , and five other tech stocks at the beginning of the year. Would the market suddenly become more investible if we broke up the Super Six into say 15 different companies and stocks? However, we don't think they are a reason to bail entirely on any of these names.
Persons: it's, Jim Cramer, Jim, they've, we've, we're, Jim Cramer's, Spencer Platt Organizations: Club, Super, CNBC, Apple, Microsoft, Meta, Nvidia, Fed, Barclays, Big Tech, IBM, Palo Alto Networks, Palo Alto, United Parcel Service, Google, Facebook, Gmail, Amazon, Services, Jim Cramer's Charitable, The New York Stock Exchange, Nasdaq, Getty Locations: Eaton, Dover, 2Q24, U.S, Manhattan, New York City
Read previewSteven and Lauren Keys, now 33 and 34, retired at 29 and have visited every state and national park — managing to grow their wealth while doing so. They've explored much of the country, deciding their favorite national parks are in California and Alaska — while their least favorite are in the Midwest. "We've been to Yosemite a couple of times, and there are areas where you're sitting in traffic literally in a national park for an extra 45 minutes." About 41% of the total cost of attending all national parks came from traveling to Alaska, Hawaii, and other American territories. Their least favorite national park was Hot Springs in Arkansas, which was the first national park they visited.
Persons: , Steven, Lauren Keys, They've, Lauren, It's, We've, Hawaii's Haleakalā, St . Louis, St, Rushmore Organizations: Service, Business, University of Florida, Facebook, Yosemite, Hawai'i Volcanoes, Springs, Voyageurs, Kansas City Locations: California, Alaska, Tampa, Florida, New York, Hawaii, Gainesville —, Australia, Canada, Yosemite, Eureka Valley, Badwater, Hawai'i, Maui, Yellowstone, American Samoa, Carlsbad, Arkansas, St ., Minnesota, Guadalupe, Texas, Utah, Southern California, Oahu, Kansas , Missouri, South Carolina, New Jersey, Kansas, Louis, North Dakota, South Dakota , Idaho, Montana
Millionaires are leaving Hong Kong, but its art scene is booming
  + stars: | 2024-07-11 | by ( ) www.cnbc.com   time to read: +13 min
Narration: Home to a host of financial institutions, Hong Kong is one of the world's wealthiest cities. The Hong Kong Art Gallery Association recorded a 27% increase in member galleries between 2021 and 2023. Nicolas Chow: Chinese art and ancient Chinese art is really at the genesis of Sotheby's Hong Kong when we came here. Angelle Siyang-Le: We firmly believe that Hong Kong is the best place to do art business in Asia, Hong Kong is a natural melting. Emily Tan: That's all from Hong Kong – join us next time in a new city as we explore 'The Art of Appreciation.'
Persons: , Nicolas Chow, Emily Tan, we've, they've, It's, Emperor Chen, Chen, it's, I'm, who'll, she's, Mak2, Allison Cheung, Angelle, Hong Kong, they're, Emily, Hong Kong – Organizations: Hong, Hong Kong Art Gallery, Asia, Art, Basel, Art Basel Locations: Hong Kong, Asia, Art Basel, Sarthe, Hong Kong's, Swiss, Basel, Miami, Paris, Hong, US, Australia, Switzerland, France, Southeast Asia, Korea, Mak2, Sims
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