President Donald Trump speaks during the 56th annual World Economic Forum, in Davos, Switzerland, Jan. 21, 2026. Jonathan Ernst | Reuters President Donald Trump on Wednesday floated the idea of allowing depreciation — a yearly income tax deduction to recover certain property costs over a set period of time — for personal residences. “The…
An “Open House” sign outside a home in Palm Beach Gardens, Florida, US, on Sunday, Jan. 11, 2026. Zak Bennett | Bloomberg | Getty Images Stagnant mortgage rates, falling housing supply and ongoing economic uncertainty weighed heavily on homebuyers in December. Pending home sales, a measure of signed contracts on existing homes, dropped 9.3% last…
CNBC’s Spriha Srivastava stood in line for 90 minutes to be in the room to hear Trump speak at Davos. Spriha Srivastava | CNBC This week in Davos has been about many things: AI, geopolitics and markets. But President Donald Trump has been firmly at the front of everyone’s mind. His much-anticipated address at the World Economic Forum drew thousands, with…
Traders work on the floor of the New York Stock Exchange during morning trading on January 21, 2026 in New York City. Michael M. Santiago | Getty Images News | Getty Images Technology stocks bounced on Wednesday as President Donald Trump ruled out military force in Greenland, easing geopolitical fears that sparked a global sell…
NEW YORK — Three authors who demonstrated how scientific research can be wedded to literary grace have been awarded $10,000 prizes. On Wednesday, the National Book Foundation and the Alfred P. Sloan Foundation announced the winners of the fifth annual Science + Literature awards. The books include Kimberly Blaeser’s poetry collection, “Ancient Light,” inspired in…
I want all of these things to be right — every last one. However, had I made bold predictions in January 2025, listing Indiana quarterback Fernando Mendoza as the 2025 Heisman Trophy winner might’ve appeared rather obnoxious. Listing Miami as the No. 10 seed to reach the College Football Playoff national championship game and predicting…
A person takes a break from clearing a walkway along Bannock Street as a winter storm sweeps over the intermountain West, plunging temperatures into the single digits and bringing along a light snow in its wake Saturday, Jan. 18, 2025, in Denver. David Zalubowski | AP Natural gas prices soared more than 20% on Wednesday…
Britain’s Chancellor of the Exchequer Rachel Reeves speaks during the World Economic Forum (WEF) annual meeting in Davos on January 20, 2026. The World Economic Forum takes place in Davos from January 19 to January 23, 2026. Fabrice Coffrini | Afp | Getty Images The U.S. remains the “closest of allies” with the U.K. despite…
President Donald Trump on Wednesday urged U.S. lawmakers to pass legislation to limit credit card rates to 10%, following his social media post this month ordering banks to voluntarily lower their rates. “I’m asking Congress to cap credit card interest rates at 10% for one year, and this will help millions of Americans save for…
Raymond Stevens, chief executive officer of Structure Therapeutics Inc., during a Bloomberg Television interview at the JPMorgan Healthcare Conference in San Francisco, California, US, on Monday, Jan. 12, 2026. Benjamin Fanjoy | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight…
