Real estate developers say affordable housing is getting more profitable

A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. Whether it’s in […]
‘I worked at 14, had an 8.8% mortgage rate and drove used cars’: Did boomers really have it easier than millennials?

‘We were frugal, using coupons, discount stores, shopping during the sales and eating leftovers,’ one baby-boomer reader writes.
Royal Caribbean CEO says higher guidance reflects travel trends

Royal Caribbean raised its full-year guidance Tuesday on the back of strong cruise bookings. The company now expects 2025 earnings of between $15.41 and $15.55 per share on an adjusted basis, up from prior earnings per share guidance of $14.55 to $15.55. CEO Jason Liberty noted traveler preferences are evolving, saying there’s an increase in […]
‘The sky has not fallen — yet’: Is it time to start worrying about a U.S. recession?

GDP rose by 3% in the second quarter, but the economy added just 73,000 new jobs in July.
Cinemark to add 20 ScreenX locations in premium moviegoing push

ScreenX is the world’s first multi-projection cinema with an immersive 270 degree field of view. CJ 4DPLEX Singing witches and blue aliens are set to hit the big screen before the end of the year and bring in droves of moviegoers. Cinemark is preparing for the high demand by adding more unique premium screens to […]
Will my spouse automatically inherit my 401(k)?

“What happens if the participant gets married again, but doesn’t update the beneficiary to be their new spouse? “
MLB taps NASCAR to help grow baseball with Speedway Classic
MLB will be playing its first ever baseball game at Bristol Motor Speedway in Tennessee. MLB Major League Baseball is taking America’s pastime to an iconic NASCAR track, and the game is set to top league attendance records. On Saturday, MLB will play its first-ever game in Tennessee as part of the MLB Speedway Classic, […]
Restaurants add spicy menu items in a bid for younger diners

Chipotle Mexican Grill’s new Adobo Ranch dip Source: Chipotle Mexican Grill Restaurant brands are hoping hot new menu items will drive visits among younger customers. Hot, in this case, is literal. Spicy items like chicken sandwiches, seasoned sides and sauces are cropping up more often on menus at major fast-casual and quick-service chains. The idea […]
My therapist said he was in-network. The insurer says he’s not. Am I obliged to pay full rates for all prior sessions?

“The insurance company is saying he is not in-network and that they will not pay anything.”
See inside JFK airport’s new $9.5 billion international terminal

The future ticket counter at JFK’s new Terminal 1. Leslie Josephs/CNBC It’s far from finished but the new, $9.5 billion Terminal 1 at John F. Kennedy International Airport is taking shape. Its first phase is slated to open in mid-2026. It will replace the current terminal, which opened in 1998. The terminal, which will be […]