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Trump administration terminates approval of New York City congestion pricing
Traffic is seen during rush hour on November 12, 2024 in New York. Angela Weiss | AFP | Getty ImagesThe Trump administration on Wednesday nixed federal approval of New York's "congestion pricing" automobile tolls, which had been…
U.S. housing market could lose nearly $1.5 trillion in value due to rising costs of
It's still too soon to fully calculate the cost of the Los Angeles wildfires, but one thing is clear: The cost of insurance will go up, and that will affect not just the value of LA real estate but of real estate across the nation.The…
Nike teams up with Kim Kardashian shapewear brand Skims as it looks to reach more women
Mannequins displaying shapewear at a Skims pop-up shop at the Nordstrom flagship store in New York, US, on Sunday, June 9, 2024. Bing Guan | Bloomberg | Getty ImagesNike has teamed up with Kim Kardashian's intimates brand Skims to launch…
Tesla’s law firm drafts Delaware bill that could salvage Musk pay package
A law firm that represents Tesla and Elon Musk has written proposed legislation that would alter Delaware corporate law, according to a person directly familiar with the drafting of the bill who asked to remain unnamed in order to speak…
This lesser-known tax strategy could help to reduce capital gains on your home sale
Martin Barraud | Ojo Images | Getty ImagesAs U.S. home equity climbs, owners are more likely to face capital gains taxes from selling property. But a lesser-known tax strategy could help shrink your bill, experts say.When selling your…
Gen Alpha’s obsessions are already driving more than $5 trillion in spending. The stocks
It's not too early for investors to start thinking about the impact of Generation Alpha on stocks, according to UBS. The generation, born between 2010 and 2024, is likely to be the largest of its lifetime, analyst Saranja Sivachelvam…
BYD shares hit record high after EV maker rolls out driver assistance tech with
Chinese electric car giant BYD announced on Feb. 10, 2025, that it would integrate DeepSeek into its artificial intelligence model that powers its new driver-assistance technology.ScreenshotBEIJING — Chinese electric car giant BYD shares…
Mortgage refinance demand jumps to highest level since October, but homebuyers pull back
Patchogue, N.Y.: A For Sale sign hangs in front of a house in Patchogue, New York, on June 1, 2024.Steve Pfost | Newsday | Getty ImagesMortgage rates moved slightly lower again last week, keeping refinance demand on the rise.Applications…
Restaurant Brands reports 2.5% same-store sales growth, fueled by Burger King and Popeyes
Restaurant Brands International on Wednesday reported same-store sales growth of 2.5%, fueled by the better-than-expected performance from Burger King's and Popeyes' restaurants.Shares of the company were roughly flat in morning…
A $4 million Bugatti and Michael Jordan’s BMW brought car auction company a record year
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. Bring a Trailer, the…