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A 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 annual Zelman Housing Summit is a small but elite conference of public and private homebuilders, mortgage lenders, investors and financial analysts, run by one of the most well-known builder analysts, Ivy Zelman. When the conference started 18 years ago, it was focused primarily on residential housing. But by…
When I had my first child, I struggled with whether I wanted to go back to work.I had always expected to return to work soon after having children. However, after my oldest daughter was born with complex medical needs, I knew that a traditional nine-to-five office job wouldn’t work for my family. Then I had three more children, which made returning to a typical full-time job even more difficult.Still, I always thought that I would return to work once my kids were older. I spent many years in school, and went into a lot of debt, to become an attorney…
This as-told-to essay is based on a conversation with Amy Ma, who is in her 30s and from New Jersey. The following has been edited for length and clarity.Getting laid off broke my heart.In May 2023, I got called into a meeting with a HR representative who told me I was losing my data scientist job at the company where I’d worked since February 2022. I couldn’t stop myself from crying.I was five months pregnant, so felt I couldn’t immediately get back into the job market.When I started looking for jobs again a month after giving birth, joining a job-seekers’…
A police officer stands guard outside The New York Times building in New York, on June 28, 2018. Mary Altaffer/AP hide caption toggle caption Mary Altaffer/AP NEW YORK — President Donald Trump filed a $15 billion defamation lawsuit against The New York Times and four of its journalists on Monday, according to court documents. The lawsuit filed in U.S. District Court in Florida names several articles and one book written by two of the publication’s journalists and published in the lead up to the 2024 election, saying they are “part of a decades-long pattern by the New York Times of…
President Trump and FBI Director Kash Patel conduct a news conference in the White House briefing room in August 2025. Tom Williams/CQ-Roll Call, Inc via Getty Images hide caption toggle caption Tom Williams/CQ-Roll Call, Inc via Getty Images FBI Director Kash Patel is scheduled to appear before senators Tuesday as he faces growing questions about his ability to lead the nation’s premier law enforcement agency. Patel’s appearance before the Senate Judiciary Committee was put on the books weeks ago but comes at a delicate time for the director, who is a loyalist of President Trump but has no experience leading…
America’s central bank is probably on the edge of its first rate cut of 2025.The Federal Reserve is meeting for the sixth time this year. At every previous meeting in 2025, they’ve opted to hold rates steady, but that’s set to change. Wednesday’s decision isn’t a sure thing, but CME FedWatch estimates a near-100% chance of a cut.The meeting follows several monthly reports showing soft job growth, a slow rise in unemployment, and inflation numbers creeping back up. President Donald Trump, meanwhile, has put Fed Chair Jerome Powell in the hot seat, repeatedly calling for a rate cut and criticizing…
President Donald Trump said he is bringing a $15 billion defamation and libel lawsuit against The New York Times.”The New York Times has been allowed to freely lie, smear, and defame me for far too long, and that stops, NOW!” Trump wrote on Truth Social on Monday night.The lawsuit is being filed in Florida, Trump said.The White House and the Times did not immediately respond to requests for comment from Business Insider.Trump’s lawyer, Alejandro Brito, filed the lawsuit on Monday in the Tampa division of the Middle District of Florida. Brito represented Trump when he sued ABC News and The…
Jared Kushner said working in the government is a career accelerator, not a sacrifice.The former White House advisor said on an episode of the “No Priors” podcast published Thursday that a stint in Washington can be more valuable than a job at the hottest AI startup or tech giant. “You’ll definitely make a contribution,” he said. “You’ll learn a ton, meet a lot of interesting people from different backgrounds, and you’ll definitely leave with a different perspective.”The financial upside may not match an OpenAI offer letter, but Kushner — who is Donald Trump’s son-in-law — said the real payoff is…
An Aeromexico Boeing 737 MAX 8 taxis at Los Angeles International Airport on September 19, 2024 in Los Angeles, California. Kevin Carter | Getty ImagesThe Trump administration ordered Delta Air Lines and Aeromexico to end by Jan. 1 their nearly decade-old joint venture that allows them to coordinate schedules and prices for flights between the U.S. and Mexico.”This action is necessary because of ongoing anticompetitive effects in U.S.-Mexico City markets that provide an unfair advantage to Delta and Aeromexico as two predominant competitors and create unacceptable actual and potential harm for stakeholders, including consumers,” the Transportation Department said in a filing…
My occupational hazard is that I sometimes become a fan of the Chinese retail companies I report on.In the past year, I’ve become a Luckin Coffee addict and discovered that Mixue’s soft serve is superior to McDonald’s.And in August, as I stared at the sad “out of stock” notice on Pop Mart’s website, I shared bitter disappointment with hundreds of thousands of customers worldwide over the overwhelming FOMO from the mini Labubu.That got me, a onetime Labubu cynic, thinking about how Chinese companies have slowly but surely mastered the art of conquering markets.Now, these Chinese consumer juggernauts are using tried-and-true…