CNBC

The race to reduce carbon emissions is heating up, much like the planet itself is. But reducing emissions alone will not be enough to stop what’s happening.It is not even enough to reach the goal of the Paris climate agreement, which is to limit global in this century to 1.5 degrees Celsius above preindustrial levels.There… More

A worker waits to load his truck with debris from the rubble of the Champlain Towers South building, as removal and recovery work continues at the site of the partially collapsed condo building, Wednesday, July 14, 2021, in Surfside, Fla.Lynne Sladky | APThe number of confirmed deaths in the collapse of a condominium building in… More

A member of Miami-Dade Fire Rescue hugs a victim’s relative at the “Surfside Wall of Hope & Memorial” near the site where a building collapsed in Surfside, Florida, north of Miami Beach on July 7, 2021.Chandan Khanna | AFP | Getty ImagesThe number of confirmed deaths in the collapsed condominium building in Surfside, Florida, has… More

A for sale sign is seen near a house for sale in South Pasadena, California.Frederic J. Brown | AFP | Getty ImagesThe epic housing shortage that began before the pandemic and then was exacerbated by it may finally be starting to ease up.More supply is suddenly coming on the market, which will certainly help frustrated… More

Amid the recent real estate bull market, one fact has been often overlooked: More than half of home ownership growth over the past decade has come from the Latino population. That trend is expected to continue. A study by the Urban Institute forecasts Latino buyers will comprise 70% of home ownership growth from 2020-2040, serving… More

Taking 30 years to pay back a loan can feel like a lifetime.Andy and Nicole Hill were worried that being tied to a mortgage payment would stop them from taking career risks, so the couple came to an agreement: They would pay the house off in under five years.The Hills made their first payment on… More

Ronel Remy, an organizer with City Life/Vida Urbana, speaks during a “Rally to Stop Evictions and Foreclosures” at the Boston Common Fountain in Boston on Oct. 11, 2020.Matthew J. Lee | Boston Globe | Getty ImagesAnother way tenants may find themselves shielded from eviction is if they’ve applied for or received rental assistance from the… More

A view of the driveway leading to the residence at 777 Sarbonne Road in Bel-Air, California.Joe Bryant / Aaron Kirman GroupSeven is a magical number for one of Bel-Air’s priciest spec homes.The glass and marble palace located at 777 Sarbonne Road in Los Angeles hit the market last month with an asking price of $87,777,777.The… More

monkeybusinessimages | iStock | Getty ImagesIn this hot housing market, it can be easy to blow your budget.That’s why you have to have a clear plan in place before you start looking for your next home, experts say.”If you don’t go in with a clear budget in terms of what it is you can comfortably… More

Dallas Federal Reserve President Robert Kaplan cited potential excesses in the housing market and other inflation signs as an indication that the central bank should start slowly pulling back on its asset purchase program.With the Fed still buying at least $120 billion in bonds each month, a total that includes $40 billion in mortgage-backed securities,… More

Nobel prize-winning economist Robert Shiller is worried a bubble is forming in some of the market’s hottest trades.He’s notably concerned about housing, stocks and cryptocurrencies, where he sees a “wild west” mentality among investors.”I haven’t done that in print. I’ve been saying that,” the Yale University professor told CNBC’s “Trading Nation” on Friday.Even though the… More

A man wearing a mask walks past the headquarters of the People’s Bank of China, the central bank, in Beijing, China, as the country is hit by an outbreak of the new coronavirus, February 3, 2020.Jason Lee | ReutersBEIJING — While investors around the world fret over inflation, China’s central bank has more problems than… More

Pedestrians walk past signage for SoftBank Group outside a store in Tokyo, Japan, Nov. 29, 2018.Kiyoshi Ota | Bloomberg | Getty ImagesDigital mortgage lender Better.com announced Tuesday that it will make its market debut by merging with Aurora Acquisition Corp., valuing Better at $7.7 billion.The company, ranked No. 15 on last year’s CNBC Disruptor 50 list, was most… More

CNBC’s Jim Cramer said Wednesday he trimmed some of his ether holdings after the world’s second-largest cryptocurrency by market value notched a series of record highs.”I sold half my Ethereum yesterday … and I put some money down to own a Hummer,” Cramer said on “Squawk on the Street,” referring to the upcoming all-electric vehicle from General… More

President Joe Biden addresses a joint session of Congress on April 28, 2021.Melina Mara | ReutersPresident Joe Biden has unveiled a plan for higher taxes on inherited homes to help fund the $1.8 trillion American Families Plan.The proposal would tax inherited property gains at death, targeting generational wealth transfers. But financial experts say the measure may… More