Banks are thriving so far in Trump’s economy. Here’s what that means
(L-R) Brian Moynihan, Chairman and CEO of Bank of America; Jamie Dimon, Chairman and CEO of JPMorgan Chase; and Jane Fraser, CEO of Citigroup; testify during a Senate Banking Committee hearing at the Hart Senate Office Building in Washington, D.C., on Dec. 6, 2023. Saul Loeb | Afp | Getty Images Nearly everywhere you look […]
Why these homeowners say the 15-year mortgage is the most underrated offering in real estate right now
In an era of higher-than-normal inflation and 7% mortgage rates, a small group of homeowners are finding relief in 15-year mortgages, which often come with lower interest rates.
New York City braces for wealth flight with Mamdani’s political rise
Zohran Mamdani’s primary win in New York City’s mayoral race and proposal to raise taxes on millionaires have touched off fears of a new wave of wealth flight from the city. Yet so far, there is little evidence of a slowdown in high-end real estate or real wealth losses in New York. Florida real estate […]
5 reasons Trump’s second term has been so good for gold: ‘It’s becoming a core asset class,’ CIO says.
it’s been nearly three months since gold climbed past $3,500 an ounce to its highest price on record, but five key factors to emerge since the start of President Donald Trump’s second term are likely to support prices in the months ahead.
PepsiCo (PEP) Q2 2025 earnings
Cases of Pepsi soda are displayed at a Costco Wholesale store on April 25, 2025 in San Diego, California. Kevin Carter | Getty Images PepsiCo on Thursday reported quarterly earnings and revenue that topped analysts’ expectations, despite weaker demand for its food and drinks in North America. Shares of the company rose roughly 1% in premarket trading. […]
How Wall Street’s most hated stocks have performed against tariffs — and the smart money
An update on the hypothetical ‘Pariah Capital’ portfolio so far this year.
Warner Bros. ‘Superman’ opening weekend box office hits $122 million
David Corenswet stars are Superman in Warner Bros.’ “Superman.” Warner Bros. Discovery “Superman” soared into theaters this weekend, snapping up an estimated $122 million in domestic ticket sales and launching a new era of DC superhero flicks. The film marks the first theatrical debut of James Gunn and Peter Safran since they became co-heads of […]
BlackRock’s stock rallies as Wall Street shrugs off a massive client redemption
BlackRock’s stock bounced higher Wednesday as Wall Street brushed off any concerns over a large redemption by a client in Asia, and as CEO Larry Fink said business in Asia was “stronger than we ever imagined.”
Sirius bets on advertising to capture new listeners
Thomas Fuller | SOPA Images | Lightrocket | Getty Images SiriusXM, the audio entertainment company that’s long been known as a commercial-free option for in-car radios, is betting on advertising to propel its business. On Tuesday the company launched its first ad-supported subscription plan for car listening called SiriusXM Play. It’s a cheaper option than […]
Trump’s tariffs are hurting the office recovery
Construction renovation of new office in business building window at night Fangxianuo | E+ | Getty Images 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, […]
