Arijiju, a lavish private estate on the Borana Conservancy in central Kenya’s Laikipia region. Dook Vacation real estate, including swanky villas and lavish homes, has long been a favorite of the rich and famous that want to steer clear of the paparazzi or other guests entirely. During Covid-19 times, when people are working from home,
Jon Ossoff and David Perdue, candidates for Senate from Georgia. Reuters; Getty Images If Democrats achieve a majority in the Senate, a number of relief measures targeted at renters struggling amid the pandemic – including a right to counsel for those facing eviction and a larger pot of money for back rent – will have
The Illinois Supreme Court should reject the “cramped” definition of state borrowing authority applied in litigation seeking to void $14.3 billion of Illinois general obligation bonds, the state argues in a brief. The state’s arguments in the brief mark the latest salvo in the efforts by John Tillman, head of the conservative Illinois Policy Institute,
Daniel Loeb, chief executive officer of Third Point LLC, speaks at the Skybridge Alternatives conference in Las Vegas, May 18, 2017. David Paul Morris | Bloomberg | Getty Images In light of the global pandemic, it comes as no surprise that activism in 2020 was down. There was less 13D activism, less UTT-activism and less
Check out the companies making headlines in midday trading. Tesla — The electric vehicle company surged more than 7% to a new record high. Tesla’s market capitalization jumped above $800 billion for the first time on Friday, making the company more valuable than Facebook, and the fifth-most valuable component of the S&P 500. Evercore ISI
Sold house sign on house in a sellers market. getty The 2020 housing market was a year of extremes. Within the span of just a few months, we saw homes bounce between hit decade highs and decade lows. Going into 2021, economists and industry players project home prices will continue rising by 5.7% in 2021 and that
In the stimulus package signed into law last month, the national ban on evictions was extended through January and a $25 billion pot of money was established for renters struggling amid the health and economic crisis. That money will help to keep many of the 14 million Americans who are behind on their rent in
The continued escalation of COVID-19 cases in California and the resulting economic volatility took precedence as Gov. Gavin Newsom unveiled his $222.2 billion budget proposal for fiscal 2021. Newsom wants to spend some of the money from a $26 billion income tax windfall, but also set aside $22 billion for reserves while pinning some hope
The stock market is off to a strong start in 2021, after robust gains last year despite the coronavirus pandemic. According to CNBC’s Jim Cramer, one reason for the continued rally in equities is, simply, a lack of people willing to sell. “There’s not enough stocks to go around,” Cramer said on “Squawk Box.” “The
US President-Elect Joe Biden delivers remarks before the holiday at The Queen in Wilmington, Delaware on December 22, 2020. Alex Edelman | AFP | Getty Images Stocks and taxes: what’s going to happen? The Democrats’ control of Congress has shone a new spotlight on Biden’s tax proposals, particularly those that would affect stocks and bonds. While
Traders work on the floor of the NYSE. NYSE Markets will stay laser-focused on the prospect for more fiscal stimulus in the busy week ahead. Politics and politicians are likely to continue dominating the headlines, as Democrats seek President Donald Trump’s removal after a mob of his followers took over the Capitol Building on Wednesday.
The 46-acre compound was built for concert baritone John Charles Thomas. Berlyn Photography | Hilton & Hyland Homebuyers in the market for seclusion, architectural pedigree and easy access to Los Angeles’ Westside may want to turn their gaze to a newly listed estate in the heart of Brentwood’s Mandeville Canyon. Surrounded by hills dotted with
Demonstrators march for housing justice in the Old Town neighborhood in Chicago, IL on June 30, 2020, demanding a lift on the Illinois rent control ban and a cancellation of rent and mortgage payments during the COVID-19 pandemic. Max Herman | NurPhoto | Getty Images More borrowers are getting current on their mortgages again, after
When global law firm Norton Rose Fulbright announced new partners added to its ranks Friday many women, including San Francisco-based Mary Kimura were among those promoted. Kimura was one of 10 lawyers in U.S., and the only public finance attorney, named to partner. The firm promoted 25 female lawyers globally, representing 53 percent of the
Chamath Palihapitiya speaking at the 2017 Delivering Alpha conference in New York on Sept. 12, 2017. David A. Grogan | CNBC Consumers have been sitting at home for months and months, and without typical things to spend money on, assets in bank accounts are growing. And that is a positive sign for stocks, according to
Traders work on the floor of the New York Stock Exchange. NYSE Despite the chaos at the Capitol, the S&P 500 closed Wednesday at a new high, which baffled some observers. “I think most feel this [the Washington protests] is more of a one-off situation, that this as an isolated event as opposed to some
A pedestrian wearing a protective mask walks past a closed restaurant as snow falls in New York, on Thursday, Dec. 17, 2020. Angus Mordant | Bloomberg | Getty Images December’s job growth likely slowed dramatically from November’s pace and could even be negative, as businesses and consumers responded to the spreading coronavirus. Economists expect 50,000
Flowers, fruit and candles in the home can trigger pleasant memories and create a sense of … [+] wellbeing. diptyque Nancy Carlisle, Senior Curator of Collections at Historic New England, has long studied the subject of kitchens in America. “We have such an embedded sense of the kitchen as the ‘heart of the home,’” she
A sign is posted in front of new homes for sale at Hamilton Cottages on September 24, 2020 in Novato, California. Justin Sullivan | Getty Images After a strong surge in home sales over the past six months, suddenly consumers are concerned about the health of the housing market. Buyers and sellers felt significantly less
The Federal Reserve has returned about $42 billion to the U.S. Treasury, and will soon transfer another $20 billion in excess funds connected to emergency lending facilities that stopped offering new loans last month, the central bank said Thursday in documents posted on its website. Bloomberg News The transfers will fulfill the promise made by
Signs of China Telecom, China Mobile and China Unicom are seen during the China International Import Expo (CIIE) at the National Exhibition and Convention Center in Shanghai, China, Nov. 5, 2018. Aly Song | Reuters The New York Stock Exchange will delist three Chinese telecommunication giants after all. The stock exchange will remove U.S.-traded shares
Democratic U.S. Senate candidates Jon Ossoff (R) and Raphael Warnock (L) of Georgia wave to supporters during a rally on November 15, 2020 in Marietta, Georgia. Jessica McGowan | Getty Images Democratic control of Congress should help keep the bull market in stocks going with a big boost of fiscal spending, but it could also
One way or another, the modern house of Hadid is coming down. In Bel-Air, the unfinished mega-mansion of luxury real estate developer Mohamed Hadid is hitting the market as a development opportunity for $8.5 million. The structure at 901 Strada Vecchia Road has been a source of contention for several years after it was revealed
It is a shameful irony that at a time when staying home has been so essential to protecting our health and our communities, an alarming number of families are in danger of eviction. Housing is much more than a place to live. It is a foundation for success in life. We know that children do
The Puerto Rico Oversight Board announced Wednesday that Pres. Donald Trump would name David Skeel and Arthur González to serve three-year terms on the Puerto Rico Oversight Board. The board made the announcement late Wednesday. The announcement wasn’t on the White House press site at 5:30 p.m. Wednesday. Earlier in the day The El Nuevo
Wall Street on Monday labored through a tough day to open the new trading year, which prompted CNBC’s Jim Cramer to break down the top investing themes he’ll be watching in 2021. Investors should keep secular trends in mind because they are the best ways to approach a marketwide sell-off, the “Mad Money” host said
Cases of eggs from Cal-Maine Foods, Inc., await to be handed out by the Mississippi Department of Agriculture and Commerce employees to several hundred families along with over 1,400 boxes of meat products from Merchants Foodservice and 2,200 gallons of milk from Borden Dairy, at the Mississippi State Fairgrounds in Jackson, Miss., Aug. 7, 2020.
Spending a lot more time at home last year led many Americans to decide it’s time to move. You might be seeking more space, relocating to a new area, or simply want to take advantage of a great opportunity (and even greater mortgage rates). If you’re one of the millions looking to move to a
Snowflake CEO Frank Slootman told CNBC on Tuesday he believes the coronavirus pandemic has fundamentally altered the role that physical offices will play for corporations going forward. “This whole notion that the office is your workday home, we realize that is nonsense,” Slootman said on “Squawk Alley.” “Offices … need to be there for specific
The secondary market saw an uptick in trading of high-grades on Tuesday but those bonds came at a cost while yields on AAA scales were firmer by a basis point seven years and out as the supply/demand imbalance remains. Few new issues priced. In the competitive market on Tuesday, Nassau County, N.Y., (A2/A+/A/) sold $370
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