A “sale pending” sign is posted in front of a home for sale on November 30, 2023 in Larkspur, California. Justin Sullivan | Getty Images Serious headwinds in the housing market and the broader economy are tanking home sales at an alarming rate. More than 40,000 signed home purchase agreements were canceled in December, representing…
General Motors Chevrolet Traverse sport utility vehicles sit on the assembly line at the company’s Lansing Delta Township Assembly Plant in Lansing, Michigan, Feb. 21, 2020. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — General Motors expects to outproduce crosstown rival Ford Motor to become the top assembler of vehicles in the U.S. in…
Stock Chart IconStock chart icon Humana shares in the past day The proposal entails a net average payment increase of 0.09% for Medicare Advantage plans in 2027, according to a release from the Centers for Medicare & Medicaid Services, or CMS, on Monday. That number is significantly less than Wall Street analysts’ expectations that the…
American Airlines projected Tuesday that its focus on premium will “begin delivering results in 2026” as the carrier races to catch up to its far more profitable rivals and capitalize on strong demand from high-spending customers. The Fort Worth, Texas-based airline projected it will deliver nearly $2 of improvement in adjusted earnings per share at…
Maskot | Maskot | Getty Images Efforts in Congress to create a federal “click to cancel” rule — intended to make canceling subscriptions as easy as it is to sign up for them — have ramped up. A bipartisan House bill called the Unsubscribe Act was introduced in mid-January as a companion to a Senate…
A worker drives a United Parcel Service (UPS) truck on Oct. 28, 2025 in Los Angeles, California. Mario Tama | Getty Images United Parcel Service on Tuesday announced that it was planning to eliminate an additional 30,000 jobs this year as part of winding down its partnership with Amazon and a multiyear turnaround plan. CFO…
The Good Brigade | Digitalvision | Getty Images President Donald Trump last week took exception to a proposal backed by one of his economic advisors to let Americans tap their 401(k) savings for home downpayments — an idea that many financial advisors also oppose. “I’m not a huge fan. Other people like it,” Trump told…
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. Fundrise, a Washington,…
A Boeing Co. 737 Max airplane at the company’s manufacturing facility in Renton, Washington, US, on Thursday, Nov. 20, 2025. David Ryder | Bloomberg | Getty Images Boeing is expected to report Tuesday when it releases results that it slashed its losses in the fourth quarter and that an annual profit could be in reach…
A much-anticipated trade deal between India and the U.S. is at “a very advanced stage,” India’s Minister of Petroleum and Natural Gas Hardeep Singh Puri told CNBC Tuesday. “I would try and look at the positive side, I’m not a soothsayer, I don’t know when trade deals will get signed, how long it takes ……