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. We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible. Here is Monday’s edition. Sectors leading:
In the heart of Carmel-by-the-Sea, where the ocean breeze meets the charm of Spanish-style architecture, a recent $7.5 million sale has sparked a mix of intrigue and concern among locals. The La Rambla building, a historic gem dating back to 1929, with its charming retail spaces and elegant apartments, has changed hands, adding another notch
She could bear-ly contain her excitement. A Gen Zer moved back into her childhood cabin in Homer, Alaska, last year — even though it has no running water or heat — and temperatures have reached 24 degrees below zero Fahrenheit. Karma Wilcox, 19, was born in California and raised in the breathtaking two-story cabin by
Earnings season was not perfect for our industrial-focused portfolio companies, but we’re feeling pretty good about their prospects for the rest of the year. Shares of two of the five names finished Friday at all-time highs, and we belive the others show promise for patient investors. 1. Eaton Electrical power management company Eaton posted a
In a scathing rebuke of a New York Judge’s decision to fine Donald Trump a staggering $355 million, the entrepreneur and media personality Kevin O’Leary minced no words, denouncing the ruling as “unjust,” “appalling” and ultimately “un-American.” Manhattan Supreme Court Justice Arthur Engoron’s Friday ruling not only slapped Trump with that hefty fine, but also
Developer Gil Dezer won’t stop until he’s on the top. “We keep asking the FAA for taller, and the request keeps getting granted,’’ said Dezer, whose company is the largest landowner of oceanfront property in South Florida, with condo sales of more than $4 billion in the state. Dezer is talking about two of his
Eduardo Munoz Alvarez | Getty Images While both renters and homeowners are beginning to take climate hazards into consideration, affordability continues to drive moving trends. Between 2021 and 2022, about 1.2 million more homeowners and renters moved out of than moved into U.S. cities with high risk of poor air quality, according to a new
A “For Sale” sign outside a house in Albany, California, on May 31, 2022. David Paul Morris | Bloomberg | Getty Images Mortgage rates shot higher Friday after a monthly government report on wholesale prices showed inflation is still persistent and hotter than most analysts had expected. The average rate on the 30-year fixed mortgage
Former US President Donald Trump departs after speaking to the press after attending the civil fraud trial against the Trump Organization in New York State Supreme Court, in New York City on January 11, 2024. John Lamparski | AFP | Getty Images A judge could deliver a hammer blow to Donald Trump and his company
A South American buyer is in contract to pay a cool $55 million for an oceanfront penthouse duplex in Miami — and it isn’t even built yet. The home is in the North Tower of the St. Regis Residences in Sunny Isles Beach, Florida. At 750 feet tall, it will be South Florida’s tallest residential
This New York real estate saga is on its way to a happy ending after once facing foreclosure. Kylie Jenner and Travis Scott’s former East Coast love nest has finally found a buyer after 12 long years on and off the market. The historic West Village trophy townhouse, which was also featured in a 2023 episode
Rooftops of homes in a gated residential community are seen in Pico Rivera, California on January 18, 2024. Frederic J. Brown | AFP | Getty Images After a brief reprieve in December and January, mortgage rates are moving higher again, and that is taking its toll on mortgage demand. Total mortgage application volume fell 2.3%
In this article TREE Follow your favorite stocksCREATE FREE ACCOUNT Skynesher | E+ | Getty Images Homeownership is out of reach for many Americans — especially for Black Americans. In the country’s largest metropolitan areas, Black people own a disproportionately small share of homes relative to population size, according to a new report from LendingTree.
This home in the heart of East Hampton — once owned by the late and legendary photographer Elliott Erwitt — is now on the market for $3.75 million. Located at 17 N. Main St., the property aptly includes a 900-square-foot photographer’s-slash-artist’s studio. Erwitt bought the one-level, mid-century residence in 1981 and embarked on a major
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