Sales of previously owned homes in April were essentially flat compared with March, rising just 0.2% to 4.02 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. Housing analysts were expecting a gain of more than 3%. April sales were unchanged year over year. This count is based on…
Michael Burry attends “The Big Short” New York screening Ziegfeld Theater on Nov. 23, 2015 in New York City. Astrid Stawiarz | Getty Images Michael Burry urged investors to scale back exposure to surging technology stocks, saying the current market environment has reached historically dangerous extremes reminiscent of prior speculative bubbles. The famed investor, best…
Customers browse in a used car lot in Glendale, California, Feb. 15, 2023. Mario Tama | Getty Images News | Getty Images DETROIT — Used car prices fell in April for the first time since October as gas prices rose amid the Iran war. Cox Automotive’s Manheim Used Vehicle Value Index — which tracks prices…
A woman walks past a “Now Hiring” sign in front of a store on January 13, 2022 in Arlington, Virginia. Olivier Douliery | AFP | Getty Images Retailers are ramping up hiring this year, defying economic concerns as consumers keep shopping. The retail trades added nearly 22,000 jobs in April, accounting for almost one-fifth of…
CLIFTON, New Jersey — Along with aisles of diapers and colorful onesies, Target shoppers in some of the retailer’s big-box stores can now find baby brands typically carried by specialty boutiques. Shoppers can see, feel and test strollers, car seats and high chairs outside of cardboard boxes at about 200 stores, or roughly 10% of…
When wildlife TV personality Forrest Galante sat down for his monthly call with YouTube consultant Paddy Galloway, he received some bad news. No more turtles. Galante has 2.5 million YouTube subscribers. He’s been producing wildlife programming for more than a decade, including a docuseries on Animal Planet and a show on the History Channel. He…
The Netflix logo on one of the company’s buildings in the Hollywood neighborhood of Los Angeles, Jan. 20, 2026. Daniel Cole | Reuters Streaming companies are discovering that their most valuable customers may not be the ones paying the most. Instead, it’s increasingly the viewers who watch the most. The change is being driven by…
Used cars are offered for sale at a dealership on July 11, 2023 in Chicago, Illinois. Scott Olson | Getty Images The head of one of the nation’s largest auto finance lenders isn’t overly concerned about rising consumer automotive debt and inflated used car prices leading to longer loans on vehicle purchases. His main reasoning?…
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. The three major indexes moved higher Friday after a better-than-expected April jobs report. The Labor Department said nonfarm payrolls increased by 115,000 last month , topping economists’ expectations for…
A cup of coffee and strawberry frosted donut with sprinkles at a Dunkin’ Donuts location in Los Angeles, Sept. 6, 2017. Patrick T. Fallon | Bloomberg | Getty Images Dunkin’ and Buffalo Wild Wings owner Inspire Brands has confidentially filed for an initial public offering, the company announced on Friday. If Inspire goes public, it…
