Classic car auction sales expectations

A general view at Pebble Beach Concours d’Elegance on August 18, 2024 in Monterey, California. Since 1950, the annual Pebble Beach Concours d’Elegance has hosted the world’s most beautiful and expensive collectable cars on the Competition Field along Carmel Bay. Matt Jelonek | Getty Images News | Getty Images A version of this article appeared … Read more

Family offices increase exposure to alternative investments

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email The number of family offices with allocations to private markets has surged by 524% since 2016, rising from 651 to 4,067, per Preqin data. CNBC’s Robert Frank joins ‘Squawk on the Street’ to discuss. 02:39 Wed, Aug 20 202510:15 AM EDT

Tariffs causing even the wealthiest buyers to pause

Uncertainty around tariffs has caused even the wealthiest buyers of Lamborghini supercars to hold off on their purchases, CEO Stephan Winkelmann told CNBC. While the White House recently announced an agreement with Europe on a 15% tariff rate, that rate hasn’t yet taken effect for cars. Lamborghini and other European automakers are still paying a … Read more