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A “for rent” sign is posted in front of a home on Dec. 12, 2023 in Miami, Florida.Joe Raedle | Getty ImagesRents for single-family residential homes rose just 1.4% in August compared with the year before, according to analytics and data firm Cotality, down from a 2.3% annual gain in July. That’s also much less than the 3% average gain seen last year and is the smallest increase in 15 years.Rent growth weakened across all price points, continuing a trend that has persisted in the second half of this year. Rents had been strengthening in the first half of this…

Krisanapong Detraphiphat | Moment | Getty ImagesA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Lawyers to the wealthy are advising clients to ramp up their charitable giving this year to take advantage of tax advantages that will decline in 2026.President Donald Trump’s sweeping tax-and-spending bill included provisions that reduce the tax benefits of charitable giving for high earners. Since the provisions don’t take effect until next year, advisors to wealthy donors are recommending they frontload or “bunch”…

Prospective home buyers leave a property for sale during an Open House in a neighborhood in Clarksburg, Maryland.Roberto Schmidt | AFP | Getty ImagesThe majority of would-be homebuyers expect mortgage rates to continue their recent decline, and it’s one of the main reasons why they’re waiting to make a purchase, according to the findings of a new CNBC Housing Market Survey.Rates have been creeping down over the last few months and are hovering around the lowest level in a year, with the average rate on the popular 30-year fixed loan now sitting at 6.17%, according to Mortgage News Daily. But…

American Airlines posted a smaller-than-expected loss for the third quarter, and its outlook for the rest of the year came in ahead of Wall Street forecasts, sending the stock higher.American expects to earn between 45 cents and 75 cents per share in the fourth quarter, above the 31 per share cents analysts expected. That brought American’s full-year earnings guidance to between 65 cents and 95 cents per share, well above the projected 43 cents per share Wall Street forecast. The carrier expects its fourth-quarter capacity to grow between 3% and 5% over the same period last year.Read more CNBC airline…

With Thanksgiving five weeks away, retailers are once again stepping in to take some of the guesswork out of hosting.Walmart, Aldi, and Sam’s Club have each shared this year’s menus of ready-to-order Thanksgiving meal kits. Costco also appears to be in on the trend; one shopper on social media spotted a meal kit available in the fresh food section.Retailers have taken some creative steps to keep prices steady in spite of persistent inflation, with budget-minded chains aiming to keep the overall basket at or below $40 for a gathering of eight.Business Insider rounded up several of the menus to see…

As many retailers look for ways to shrink store counts and square footage, Dick’s Sporting Goods is going bigger.The retailer is building more sprawling “House of Sport” stores, which typically come in at 120,000 to 150,000 square feet, more than double the 50,000 for its traditional locations. The sporting goods company believes it’s working.”We needed to build the concept that will kill Dick’s Sporting Goods,” Edward Stack, executive chairman and son of founder Dick Stack, told CNBC in an exclusive interview at Dick’s House of Sport store in Pittsburgh. “We need to build the concept that if somebody else built…

Starbucks Workers United is kicking off a strike authorization vote Friday, as the union representing baristas makes a bid to secure a contract with the coffee giant.The union also said it is planning a wave of rallies and pickets across the country with its baristas and allies.Voting on authorizing a strike at unionized cafes will be open for several days. If approved, the strike itself would be open-ended, with specifics to be determined. As the voting occurs, seventy rallies and pickets will take place from Friday through Nov. 1 across 60 cities, the union said. If the union votes to…

A member of the Texas National Guard stands at an army reserve training facility on October 07, 2025 in Elwood, Illinois. Scott Olson/Getty Images North America hide caption toggle caption Scott Olson/Getty Images North America President Trump’s federalization and deployment of National Guard troops to both Oregon and Illinois are facing a pair of legal litmus tests — including one at the Supreme Court — that could be decided in the coming days. At the heart of both challenges is whether or not to defer to the president’s assessment that major cities in both places — Portland and Chicago —…

Victoria Beckham says she struggled to find a purpose after going from being in the Spice Girls to being a mom.During an appearance on Wednesday’s episode of “Call Her Daddy,” the singer-turned-fashion designer spoke about feeling lost in the early days of motherhood.She and her husband, David Beckham, married in 1999. They have four kids: Brooklyn, Romeo, Cruz, and Harper.”I had Brooklyn. I moved to Manchester, which is where David was living and playing for Manchester United. And by this point, he is on the first team; he’s a big star,” Beckham told podcast host Alex Cooper. “And it was…

2025-10-23T04:08:02Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Beauty enthusiasts flock to Olive Young outlets in South Korea for skincare products. Olive Young, similar to Sephora, offers a wide range of beauty and skincare brands. The Seongsu district outlet is a multi-floor destination for K-beauty fans. When I landed in South Korea in September, I told myself…