Author: Editor

My husband and I have been enjoying our new home for a while now, but it’s been a huge undertaking to decorate every room.One that’s been especially difficult to design is the living room. We thought we could simply move the furniture from our old place into our new space. Unfortunately, there’s a major style discrepancy.Our new home’s living room has a built-in wood-burning stove and a shiplap ceiling. These style choices are partly what attracted us to this house, but we have no idea how to decorate around these elements in a complementary way.To learn how to incorporate these…

The head of the air traffic controllers’ union said Wednesday that it could take the industry “weeks to recover” from the impacts of the government shutdown.Nick Daniels, president of the National Air Traffic Controllers Association, said on CNBC’s “Squawk Box” that the holiday season will be especially affected by the shortage of air traffic controllers, who missed their first full paycheck last week. The Department of Transportation has reported increased delays and ground stops as a result of the shutdown, now in its fifth consecutive week.”To somehow fathom we could go into the holiday season still in a government shutdown,…

Good morning. Democratic socialist Zohran Mamdani has won the NYC mayoral race. Here’s a breakdown of how much some of Mamdani’s biggest plans will cost.In today’s big story, as the Disney-YouTube TV fight drags on, the House of Mouse is turning into a villain among its fans.What’s on deck:Markets: Hedge fund’s October report cards are in.Tech: Palantir’s Alex Karp vs. the short sellers.Business: Buying a home has become an old person’s game.But first, what channel is the game on?If this was forwarded to you, sign up here.The big storySports blackout Sam Hodde/Getty Images “Did you catch last night’s game?” is…

I was born and raised in Canada, but I’ve always dreamed of moving abroad.When I closed my eyes and imagined my life in another country, I typically pictured myself settling somewhere like Paris or Mexico City, two places I’d fallen in love with during travels in my early 20s.However, those well-laid plans changed when I fell in love with a Turkish man on a trip to Istanbul in early 2023.Falling in love with him felt like a fairytale — the relationship felt equal parts safe and exciting. We dated long-distance for nearly two years, with me going back and forth…

Industrial outdoor storage in Elgin, Illinois.Courtesy of Alterra IOSA version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.The rapid buildout of AI and quantum infrastructure is sparking a boom in an often overlooked commercial real estate sector. Industrial outdoor storage (IOS) is suddenly seeing significant demand and rent growth amid lean supply. IOS comprises all types of either paved…

Shironosov | Istock | Getty ImagesA version of this article appeared in CNBC’s Inside Alts newsletter, a guide to the fast-growing world of alternative investments, from private equity and private credit to hedge funds and venture capital. Sign up to receive future editions, straight to your inbox.Investments in alternatives are expected to top $32 trillion by 2030, boosted in large part by growth from wealthy investors, according to a report from Preqin.Total assets under management in alternatives – including private equity, hedge funds, real estate, venture capital, infrastructure, natural resources and private credit – are forecast to increase by 60% over the…

If there’s one piece of clothing that’s become synonymous with the finance industry, it’s the vest. Stroll around Manhattan at lunchtime on any given weekday, and you’ll see swarms of sleeveless coats in all their glory.Their ubiquity earned a nickname years ago: the Midtown uniform. It’s become an internet meme, the first item in a finance bro starter pack, and eyeroll fodder for hipsters who dislike all things basic. Christian Rodriguez for BI So, with the vest way past the peak of its hype cycle, why are they still such a staple on Wall Street? I hit the streets to…

At day 36, the government shutdown is the longest in US history.Americans are feeling the impact: Airports are experiencing widespread delays, trash is piling up at national parks, safety net programs are running out of money, and federal workers are furloughed or on the job without pay.The government halted nonessential operations beginning at 12:01 a.m. on October 1. Without a funding agreement in Congress, it’s unclear when it will reopen.The previous shutdown record-holder was a 35-day funding lapse between late 2018 and early 2019. Other historical shutdowns range from a couple of hours to a few weeks.How Americans are impactedFrom…

Michael Burry, the contrarian investor who called the 2008 financial crisis, is back with his unique blend of dire warnings, cryptic messages, winking memes, and pop-culture references.The Scion Asset Management chief has returned to X after a two-year hiatus to sound the alarm on the AI boom. Where advocates see a revolutionary technology that will supercharge productivity and generate massive profits, he sees hype, speculation, and excess.Burry, whose iconic bet against the mid-2000s housing bubble was immortalized in the book and movie “The Big Short,” kicked off his comeback with a single, ominous post on Thursday.”Sometimes, we see bubbles. Sometimes,…

The pitchforks are out for one of the world’s most beloved companies.Sports fans are growing frustrated with Disney after its dispute with YouTube TV has left roughly 10 million subscribers without channels like ESPN and ABC since Thursday. That includes a “Monday Night Football” matchup between the Dallas Cowboys and Arizona Cardinals.It’s one of several high-profile dustups involving Disney in recent months. The Mouse House walks a fine line in a sharp-elbowed TV market and a politically polarized US, trying to please shareholders with its streaming business’ progress while avoiding cultural land mines.Fans online called this latest move “tone deaf”…