Los Angeles
Homeowners are losing thousands in equity thanks to weakening prices
A tract of new tightly packed homes are viewed along the Boulder City Parkway on January 11, 2022 in Henderson, Nevada. George Rose | Getty Images Home values have been losing ground for much of this year, with previously huge annual gains shrinking to nothing. The result is that homeowners are losing equity. Borrower equity […]
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CNBC Sport: U.S. men’s soccer is sick of losing the World Cup — and now it has a plan
A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, straight to your inbox. Americans are great at sports. The United States has won more Olympic gold […]
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Hyundai showcases off-road ambitions with new rugged concept SUV
The Hyundai Crater concept SUV was revealed at the LA Auto Show on Thursday, Nov. 20, 2025. Michael Wayland / CNBC LOS ANGELES — Hyundai Motor has ambitions to increase the rugged, off-road capabilities of its vehicles in the U.S., based on a new “Crater” concept SUV revealed Thursday. The rugged compact vehicle mixes Hyundai […]
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Stocks making the biggest moves midday: Block, Archer Aviation, Akamai, Globus Medical and more
Check out the companies making the biggest moves midday: XYZ —The financial services provider plunged 10% after reporting third-quarter earnings of 54 cents per share, while analysts polled by LSEG were expecting 67 cents. Block’s $6.11 billion revenue also came IN below the forecast $6.31 billion. Globus Medical — The medical device maker soared 32% […]
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FAA flight cuts squeeze freight capacity in peak shipping season
U.S. Transportation Secretary Sean P. Duffy and FAA Administrator Bryan Bedford hold a press conference at the U.S. Department of Transportation Headquarters on Nov. 5, 2025 in Washington, DC. Tasos Katopodis | Getty Images U.S. logistics companies warned Thursday that the Federal Aviation Administration’s decision to cut flight capacity at 40 major airports by 10% […]
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FAA announces flight reductions at 40 airports. Here’s what travelers need to know
A Republic Airways plane takes off near the air traffic control tower at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia, US, on Tuesday, Oct. 28, 2025. Samuel Corum | Bloomberg | Getty Images Airlines rushed to provide travelers updates after the Federal Aviation Administration said Wednesday that it would reduce flights across 40 […]
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LeBron James injury information leaked to bettors, NBA gambling indictment suggests
Los Angeles Lakers forward LeBron James (23) prepares to shoot a foul shot against the Minnesota Timberwolves at Crypto.com Arena on October 22, 2024 in Los Angeles, California. Gina Ferazzi | Los Angeles Times | Getty Images A new bombshell indictment criminally charging former NBA player Damon Jones suggests that while affiliated with the Los […]
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Single-family rent growth just hit the lowest level in 15 years, new report finds
A “for rent” sign is posted in front of a home on Dec. 12, 2023 in Miami, Florida. Joe Raedle | Getty Images Rents 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 […]
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Florida man charged with intentionally setting Pacific Palisades fire in LA
Chimneys stand among the rubble after the passage of the Palisades Fire in Pacific Palisades, California, on Jan. 8, 2025. Agustin Paullier | AFP | Getty Images Federal authorities announced Wednesday that they have arrested and charged a Florida man with maliciously starting the deadly Palisades Fire, one of the most destructive blazes in Los […]
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Ex-Tesla board member reveals how he’s playing the EV boom
There’s one specific trend set to define the automotive industry, according to investor and former Tesla board member Steve Westly: self-driving vehicles. And he says investors should take note. “Waymo and autonomous vehicles are the future, flat out, end of story,” Westly, who sat on Tesla’s board between 2007 and 2010, told CNBC’s “Squawk Box […]
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