American gated communities have evolved to fit a variety of budgets, lifestyles and needs. They aren’t just a haven for retirees or the ultra-wealthy, although those communities are still prevalent. Florida and California have the highest number of gated communities, in part because of weather and space. Retirees in particular chose Florida in the 1970s because…
Luis Alvarez | Digitalvision | Getty Images Student loan forgiveness may be taxable again The American Rescue Plan Act of 2021 made student loan forgiveness tax-free at the federal level through the end of 2025. Trump’s “big beautiful bill,” while making other specific kinds of student loan relief tax-free, did not extend or make permanent that broader provision. In theory,…
The 19-story façade of the Louis Vuitton luxury store stands wrapped in a design reminiscent of their monogrammed trunks in Manhattan, New York City. Spencer Platt | Getty Images News | Getty Images High-end spenders are painting a mixed picture when it comes to the luxury market’s long-awaited recovery, with softer sales still weighing on…
George Santos, who was expelled from the U.S. House of Representatives, arrives for the sentencing in his criminal corruption charges at Central Islip Federal Courthouse in Central Islip, New York, on April 25, 2025. Shannon Stapleton | Reuters WASHINGTON — Disgraced former Rep. George Santos is set to report to prison on Friday, beginning a more than seven-year…
Living in The Golden State is not cheap. It’s “impossibly unaffordable” to buy a home in four major California metropolitan areas — San Jose, Los Angeles, San Francisco, and San Diego — according to a May study by the Chapman University Center for Demographics and Policy. The study compared the median home price to median…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks are closing out the week in record territory thanks to five straight positive sessions for the S & P 500 . There are no…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s episode of CNBC Crypto World, bitcoin slips to end the week and also experiences its first back-to-back weekly loss since early June. And, Markus Thielen, the CEO of 10x Research, breaks down what factors are weighing on bitcoin’s price. 10:12…
Next week could be a game changer for Wall Street, CNBC’s Jim Cramer said. He told investors to pay attention to a slew of market-moving events, including the Federal Reserve’s meeting, the latest nonfarm payroll report and earnings tech titans Apple, Amazon, Meta and Microsoft. “Next week, no hyperbole, is pivotal. It’s significant. I’m willing…
A Southwest Airlines Boeing 737 airplane taxis onto the runway for a departure from San Diego International Airport on May 10, 2025 in San Diego, California. Kevin Carter | Getty Images Two flight attendants on a Southwest Airlines flight departing from Burbank, California, were injured and being treated on Friday after pilots took evasive action to avoid another…
U.S. President Donald Trump talks to reporters as he departs the White House on July 25, 2025 in Washington, DC. Trump is traveling to his Balmedie golf courses in Scotland this week. Chip Somodevilla | Getty Images President Donald Trump said the administration is considering a rebate for some consumers from revenue raised by higher…
