'It's crazy. There is no inventory.' Housing industry veteran marvels at real estate boom
CNN
Jeffrey Mezger is a 40-year veteran of the real estate industry. The KB Home CEO says he's never seen a stronger housing market than this one.
"It's crazy. There is no inventory," the CEO of KB Home told CNN Business. For wannabe buyers, the shortage of homes on the market, combined with a surge of competition from other purchasers is setting off bidding wars, all-cash offers and no end of sticker shock.
The Federal Reserve’s ability to set interest rates without political interference — a cornerstone of US economic policy — is at stake this week in a pivotal Supreme Court case on presidential power.
If your next Amazon order seems more expensive, President Donald Trump’s sweeping tariffs may be partially to blame, Amazon CEO Andy Jassy said Tuesday.
In an ongoing struggle over the future of Warner Bros. Discovery, Netflix says it is now prepared to pay all cash for Warner Bros. and HBO, rather than a mix of cash and stock.
Trump’s affordability denialism of 2025 has transitioned into intense, rapid-fire action, with policy announcements that could address the high cost of food, electricity, housing, credit card rates, medicine and gasoline among other things.
Stocks in Europe fell Tuesday and US stocks were set to open lower as investors continued to digest President Donald Trump’s clash with European leaders over ownership of Greenland.
New solid-state air conditioners could change the way homes, apartments and office buildings are cooled, eliminating the need for bulky compressor-type air conditioners and help meet the rising demand for cooling systems while providing for sustainably.
President Donald Trump threatened Saturday to impose new 10% tariffs on imports from several European countries. It could unravel months of progress made during trade negotiations settled after Trump’s trade war last year.
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Tech giants are in a heated race to build data centers and dominate the AI landscape. But America might not be ready for the energy demand.
With our homes and lives swarming with AI-powered devices, assistants and chatbots, a backlash is brewing.
President Donald Trump purchased up to $2 million in Netflix and Warner Bros. Discovery investments days after the announcement of a megadeal between the two media giants, among other purchases, according to a financial disclosure from the White House, renewing questions from ethics experts around potential conflicts of interest.
ChatGPT may soon serve up ads for products it thinks you’d like to buy.
Dos Equis is reviving its famous “The Most Interesting Man” advertising campaign after a decade in an effort to turn around the beleaguered brand.