Even with high mortgage rates discouraging buyers, home prices climbed in most major U.S. cities in 2024. In the 50 largest U.S. cities, median home prices are up 5.8% through November, compared with all of 2023, according to Redfin data shared with CNBC Make It. Anaheim, California, saw the most growth, with home prices up…
A woman shops at a Target store in Chicago on Nov. 26, 2024. Kamil Krzaczynski | AFP | Getty Images Heading into the holidays, many Americans were already saddled with record-breaking credit card debt. And yet, consumer spending is set to reach a fresh high this season. The National Retail Federation reported last week that…
Competitive dynamics around custom AI chips cannot be ignored.
A detailed view of a Netflix Christmas Gameday sign during the regular season NFL football game between the Kansas City Chiefs and Pittsburgh Steelers on December 25, 2024 at Acrisure Stadium in Pittsburgh, PA. Icon Sportswire | Icon Sportswire | Getty Images Christmas came right on time for Netflix, as the streamer set records for…
Treasury yields were slightly higher early Friday after a mixed set of data on weekly jobless claims. The yield on the benchmark 10-year Treasury was 3 basis points higher at 4.607%, slightly down from its peak earlier in the week but back above the 4.6% level it had not breached since May. The 2-year Treasury was fractionally higher…
Piles of coal at Rizhao port in China’s Shandong Province on Nov. 2, 2021. VCG | Visual China Group | Getty Images China’s industrial profits extended declines to a fourth straight month, dropping 7.3% in November from a year earlier, signaling that Beijing’s stimulus measures have yet to meaningfully stem the slide in corporate earnings….
The Mega Millions jackpot has climbed to $1.15 billion ahead of Friday’s drawing, making it the fifth-largest prize in the game’s history. But how much you would actually take home could be less than half that, depending both on your choice of payout and how much you would owe in federal and state taxes. Everyone…
Later Thursday morning, we will sell 55 shares of Apple at roughly $258.62. Following the trades, Jim Cramer’s Charitable Trust will own 800 shares of AAPL, decreasing its weighting to 5.76% from 6.14%. First off, we haven’t changed our view on Apple and continue to believe that the stock should be owned for the long…
Before Mark Cuban ever hit the “woah” on TikTok with his daughter, the video-sharing app was Musical.ly and Cuban wanted to be an investor. “I remember when it was Musical.ly and I tried to invest… Oh my god, I loved it because I could just turn it on and there would be 15,000 people live…
Small business owners are often responsible for every component of their business, including content creation. Many build audiences by posting on social media and writing newsletters, for example. It’s a lot of work to do alone. “The volume of content that people are creating and pushing out into the world today is insane,” says Angelique…
