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Lower mortgage rates push home sales up in September, but prices still stubbornly high

An ‘Open House’ sign is posted near a single family home for sale on Aug. 22, 2025 in Pasadena, California. Mario Tama | Getty Images Sales of previously owned homes rose 1.5% in September from August to a seasonally adjusted, annualized rate of 4.06 million units, according to the National Association of Realtors. That is […]

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Rivian plans to lay off more than 600 workers

Business News

A Rivian R1S electric vehicle (EV) at a dealership and service center in San Francisco, California, US, on Tuesday, June 3, 2025. David Paul Morris | Bloomberg | Getty Images DETROIT – Rivian Automotive reportedly plans to lay off more than 600 people as the all-electric vehicle maker faces growing market challenges. The Wall Street

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Trail Blazers’ Chauncey Billups, Heat’s Terry Rozier Arrested Amid Federal Gambling Probe

World News

Chauncey Billups, Terry Rozier NBAers Arrested … Amid Federal Gambling Probe Published October 23, 2025 6:06 AM PDT Portland Trail Blazers head coach Chauncey Billups and Miami Heat guard Terry Rozier have been arrested in relation to a federal investigation into illegal gambling. Rozier was arrested Thursday morning at a hotel in Orlando after Miami’s

Trail Blazers’ Chauncey Billups, Heat’s Terry Rozier Arrested Amid Federal Gambling Probe Read More »

American Airlines profit forecast for the rest of the year tops estimates

Business News

American Airlines posted a smaller-than-expected loss for the third quarter, and its outlook for the rest of the year came in ahead of Wall Street forecasts, sending the stock higher. American expects to Earn between 45 cents and 75 cents per share in the fourth quarter, above the 31 per share cents analysts expected. That

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Fans Speculate Iggy Azalea and Streamer N3on Hooked Up After Cryptic Tweet

World News

Iggy Azalea Unfriendzoned N3on?! … Here’s What Fans Are Saying Published October 23, 2025 5:49 AM PDT Fans think Iggy Azalea and streamer N3on did the deed after the Aussie rapper posted a cryptic tweet … and they’ve got lots of thoughts. ICYMI, the “Fancy” hitmaker and N3on have been streaming together for months, and

Fans Speculate Iggy Azalea and Streamer N3on Hooked Up After Cryptic Tweet Read More »

American hires industry veteran to lead commercial team as profits trail rivals

Business News

An American Airlines plane lands at the Miami International Airport on July 24, 2025 in Miami, Florida. Joe Raedle | Getty Images American Airlines has hired nearly three-decade industry veteran Nat Pieper to be its new commercial chief as the carrier’s profits trail rivals Delta and United. American ousted its former chief commercial officer, Vasu

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Tesla’s earnings miss, Meta job cuts, U.S. sanctions Russian oil and more in Morning Squawk

Technology News

Elon Musk, during a news conference with President Donald Trump, inside the Oval Office at the White House in Washington on May 30, 2025. Tom Brenner | The Washington Post | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know

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Single-family rent growth just hit the lowest level in 15 years, new report finds

Business News

A “for rent” sign is posted in front of a home on Dec. 12, 2023 in Miami, Florida. Joe Raedle | Getty Images Rents for single-family residential homes rose just 1.4% in August compared with the year before, according to analytics and data firm Cotality, down from a 2.3% annual gain in July. That’s also

Single-family rent growth just hit the lowest level in 15 years, new report finds Read More »

David Geffen’s Estranged Husband Accuses Him Of Hiding Finances

World News

David Geffen’s Estranged Husband This is David and Goliath …Stop Hiding Your Finances!!! Published October 23, 2025 4:50 AM PDT Billionaire David Geffen‘s refusing to reveal how wealthy he truly is in an attempt to minimize his spousal support payments to his estranged husband, David Andrew Armstrong (AKA Donovan Michaels) — at least that’s what

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Most potential homebuyers expect mortgage rates to drop. That’s why they’re waiting

Business News

Prospective home buyers leave a property for sale during an Open House in a neighborhood in Clarksburg, Maryland. Roberto Schmidt | AFP | Getty Images The majority of would-be homebuyers expect mortgage rates to continue their recent decline, and it’s one of the main reasons why they’re waiting to make a purchase, according to the

Most potential homebuyers expect mortgage rates to drop. That’s why they’re waiting Read More »

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