The building located at 1177 Avenue of America is seen in New York. Adam Rountree | Bloomberg | Getty Images Norway’s $2 trillion sovereign wealth fund intends to invest more than half a billion dollars in a New York City office building, its latest major investment in prime global real estate. The fund, the largest … Read more
Investors own more than 131,000 homes in the Las Vegas Valley now. Las Vegas Review-journal | Tribune News Service | Getty Images 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, … Read more
Bill Pulte, President Donald Trump’s housing finance chief, on Thursday repeatedly declined to offer any details about where he got the “tip” that led him to accuse Federal Reserve Governor Lisa Cook of mortgage fraud. “I’m not going to explain our sources and methods, where we get tips from, who are whistleblowers,” Pulte said on … Read more
CNBC’s Eamon Javers joins ‘Squawk Box’ with the latest news.
Italy — a perennial favorite of the rich and famous — is attracting a new wave of ultra-wealthy arrivals looking to take advantage of its investor friendly environment, thriving real estate market and low tax regime. As many other countries clamp down on the super-rich, Italy has been bucking the trend; its accommodative flat-tax regime … Read more
Owngarden | Moment | Getty Images Five years ago, when the pandemic pushed e-commerce to new highs, the industrial warehouse space became the biggest commercial real estate play around. It began to slow in 2022, but now economic uncertainty brought on by constantly changing tariff policy and persistently high inflation is taking a greater toll … Read more
New York Attorney General Letitia James holds a press conference following a ruling against former U.S. President Donald Trump ordering him to pay $354.9 million and barring him from doing business in New York State for three years, in the Manhattan borough of New York City on Feb. 16, 2024. David Dee Delgado | Reuters … Read more
Broadcom CEO Hock Tan. Lucas Jackson | Reuters Broadcom reported fiscal third-quarter earnings that beat expectations and provided robust guidance for the current quarter. The stock rose in extended trading after the company said it had secured $10 billion in orders from a new client for custom chips. Here’s how the chipmaker did versus LSEG … Read more
Mike Cannon-Brookes, co-founder and CEO of Atlassian, speaks at the National Electrical Vehicle Summit in Canberra, Australia, on Aug. 19, 2022. Cannon-Brookes is urging Australia to show more ambition on climate action, even as the new government legislates plans to strengthen the country’s carbon emissions cuts. Hilary Wardhaugh | Bloomberg | Getty Images Atlassian said … Read more
Rebecca Slaughter Leah Millis | Reuters President Donald Trump on Thursday asked the Supreme Court to allow him to fire Federal Trade Commission commissioner Rebecca Slaughter, who lower courts ordered reinstated after he terminated her. Trump wants the Supreme Court to pause her reinstatement as he appeals the case. “President Trump acted lawfully when he … Read more