Economy

Couple Bought a 140-Year-Old New Jersey Home for $550,000 and Spent $172,000 Renovating It—Take a Look Inside

Amanda and Vincent DeRise lived in New York City for years before they decided to buy a house from the 1800s in Atlantic Highlands, New Jersey.

First the quarter zip, now a '401(k) mullet'

Through changing hairstyles and attire, Generation Z is trying to portray a more professional look amid today's softening labor market.

Incomes would need to rise nearly $50,000 for median-priced homes to be as affordable as they were in 2019

Rising home prices and s higher mortgage rates have pushed the income needed to afford a median-priced home up by nearly $50,000 since 2019.

Gen Z is nostalgic for 2016 amid economic unease. Mall brands like Abercrombie & Fitch may see a revival

Economic anxiety is pushing Gen Z toward familiar mid-2010s aesthetics, a shift that could translate into renewed demand for legacy mall retailers.

Trump administration equity stakes pose risks to U.S. companies and markets

The Trump administration's growing portfolio of direct investments is unprecedented outside an economic crisis or wartime.

The Trump administration equity portfolio is growing. These are the investments so far

Here are all the companies that the Trump administration has invested in, to date.

Berkshire Hathaway outperforms this week as tech stocks sink

Berkshire Hathaway's stock outperformed the benchmark S&P 500 stock index this week as investors sought safety from tech selling.

These stocks are deeply oversold after this week's market turmoil

CNBC Pro screened for the most oversold names on Wall Street after a dizzying week.

Five stocks with more upside based on their latest earnings, according to Bank of America

Bank of America named five stocks this week that have plenty more room to run.

Pressure mounts on American Airlines CEO as carrier lags rivals

American Airlines made $111 million last year, while rivals Delta Air Lines and United Airlines, brought in $5 billion and $3.3 billion, respectively.

Elon Musk Wants to Be a Trillionaire

Elon Musk's net worth soared past $800 billion this week after he merged SpaceX with xAI in a deal that valued the combined entity at $1.25 trillion.

Automakers largely sit out 2026 Super Bowl advertising amid industry uncertainty

Automakers are largely sitting on the advertising sidelines during this year's Super Bowl amid broader uncertainty in the U.S. automotive industry.