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CNN —Emma Stone has just finished playing a morally complicated home-flipper in the first season of “The Curse,” and now the actor is selling her own newly-renovated Los Angeles abode. Ryan Lahiff/Sotheby’s International RealtyStone expanded the vaulted kitchen with eat-in dining. Ryan Lahiff/Sotheby’s International RealtyPops of color and maximalist touches give the home a cheery feeling. Ryan Lahiff/Sotheby’s International RealtyThe bathroom, with a claw foot tub, is full of charm and sunlight. Ryan Lahiff/Sotheby’s International Realty
Persons: Emma Stone, Stone, , Eric Lavey, Xavier Collin, Lavey, “ It’s, , ” Stone, Dave McCary, Ryan Lahiff Organizations: CNN, Image Press Agency, Stone Locations: Los Angeles, Los Angeles , New York, Austin , Texas, , Arizona, New York, Texas
Too said groceries, gas, and even movie tickets are less pricey in Las Vegas. Katz, a big sports fan, said some of his favorite things to do in the city are watching the Las Vegas Knights and the Las Vegas Aviators, a Minor League baseball team (an affiliate of Major League Oakland Athletics, who are moving to Las Vegas in the near future ). With the 2024 Super Bowl taking place in Las Vegas, Hamrick argued that the city has recently become a sports "mecca." AdvertisementTo receive that kind of hospitality, you don't have to venture far from the bustling parts of Las Vegas. Too said he lives only three miles from the Strip but feels worlds away from the flashy Las Vegas people envision.
Persons: , Richard Katz, Katz, Vegas , Nevada Allan Baxter, Andrew Arevalo, Bob Hamrick, Michael Too, Arevalo, that's, I've, Paolo Becarelli, Hamrick, Strip Katz, He's, It's Organizations: Service, Business, Sin City —, Las Vegas, Census, Coldwell Banker, Las Vegas Knights, Las Vegas Aviators, Minor League baseball, Major League Oakland Athletics, Strip Locations: Virginia, West, Sacramento, Seattle, Florida, Texas, . Colorado, Reno, California, Las Vegas, Vegas , Nevada, Sin, Vegas, Nevada, Sin City, Texas , Arizona, Washington, Utah, San Francisco, Bay, Redfin, Mount Charleston, Fire, Summerlin, Indiana, Western, it's
Emma Stone is selling her home in Los Angeles. The four-bedroom, four-bathroom house is listed for nearly $4 million. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementJust months after her home-improvement drama series "The Curse" premiered on Showtime, Emma Stone got into the actual real-estate game. This story is available exclusively to Business Insider subscribers.
Persons: Emma Stone, , Eric Lavey Organizations: Service, Showtime, Sotheby's, Beverly, Business Locations: Los Angeles, Comstock, Beverly Hills
Read previewA corner of the internet believes "The Color Purple" star Taraji P. Henson and Oprah Winfrey are feuding, even though they've never spoken ill of each other publicly. Danielle Brooks, Blitz Bazawule, Fantasia Barrino, Taraji P. Henson, and Oprah Winfrey on December 12, 2023, in New York City. Taraji should have waited until after the Color Purple hype was over to speak publicly on her pay being too low. pic.twitter.com/afrWpc7vTD — James Jones (@jamesjonesesq) December 21, 2023"I haven't seen a raise in my income since 'Proud Mary' and almost had to walk away from 'The Color Purple,'" Henson said. Henson called out the frustrations of working on 'The Color Purple' in a New York Times interviewTaraji P. Henson as Shug Avery in "The Color Purple."
Persons: , Henson, Oprah Winfrey, they've, Winfrey, Gayle King, Danielle Brooks, Oprah, Taraji P, Arturo Holmes, Brooks, Sofia, O, Danielle Brookes, Winfrey's, Fantasia Barrino, Fantasia, Dimitrios Kambouris, Realty Trust Henson, Mary, Shug Avery, afrWpc7vTD — James Jones, Instagram, OPRAH, Taraji, Lynsey Weatherspoon, Henson Oprah Winfrey, Tommaso Boddi, I've, Barrino, Toby Emmerich Organizations: Service, Business, Warner Bros, CBS, Hotel, Hollywood, The Hollywood, Empire, Oprah, Getty, Realty Trust, New York Times, 81st Golden Globe, Beverly Hilton Hotel, Entertainment, Globes Locations: New York City, Atlanta, Beverly Hills , California
As investors confront uncertain markets in the short term, dividend paying stocks could offer some portfolio stability and income. Civitas ResourcesFirst, there is independent oil and natural gas producer Civitas Resources (CIVI). This payment included a base dividend of $0.50 per share and a variable dividend of $1.09 per share. (See Civitas Insider Trading Activity on TipRanks)Williams CompaniesWe move to another energy dividend stock – Williams Companies (WMB). Williams recently acquired a portfolio of natural gas storage assets from Hartree Partners LP's affiliate for $1.95 billion.
Persons: Eric Greager, Wall, Nitin Kumar, Kumar, TipRanks, Williams, Selman Akyol, Akyol, KIM, Kimco Realty's, Simon Yarmak Organizations: Civitas Resources, NYSE, Williams, Hartree Partners, U.S, TipRanks, Kimco, RPT Realty, Aid, Kimco Realty Locations: Denver, Civitas, U.S, Transco, Kimco
Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert. A home on 50 acres outside Nashville, Tenn., has sold for $32 million, setting a record for the state, according to listing agent Steve Fridrich of Fridrich & Clark Realty.
Persons: Steve Fridrich Organizations: Clark Realty Locations: Nashville, Tenn
Abercrombie & Fitch cofounder David T. Abercrombie's castle is on sale in New Castle, New York. AdvertisementA castle built by an Abercrombie & Fitch cofounder could be yours for just short of $3 million. Fee Sotheby's International Realty , was completed in 1927 by David T. Abercrombie, the cofounder of Abercrombie & Fitch, according to its listing on Realtor. Abercrombie founded the Abercrombie Company in 1892 as a sporting goods store, the company's website states. It became Abercrombie & Fitch in 1904 when Ezra Fitch joined as Abercrombie's partner, but Abercrombie left the company by 1910 when it opened its first department store.
Persons: David T, it's, , Christina Diminno, Julia B, Abercrombie, Abercrombie &, William Pitt Julia B, Elizabeth, Lucy, David, Abbott —, Diminno, Abercrombie's, It's, Ezra Fitch Organizations: Abercrombie, Fitch, Service, Abercrombie & Fitch, Westchester Magazine, Morgan, Corp, Abercrombie Company, Gen Locations: New Castle , New York, Manhattan, Scottish
Glassdoor released its 2024 list of top workplaces based on how US-based employees feel about them. Glassdoor recently published its new Best Places to Work ranking based on how US-based employees felt about their workplaces. AdvertisementWhile Microsoft ranked high on the 2024 list, ranking No. Google fell just short of the top 25 in the 2024 list, ranking No. AdvertisementBelow are the top 25 large companies to work for according to the 2024 US list along with their Best Places to Work rating, which was on a five-point scale.
Persons: Glassdoor, Raymond James Financial, , Keller Williams, Burger, Bain Organizations: Bain & Company, eXp Realty, Service, Best Places, U.S, Microsoft, Management, Best, Google
watch nowA sharp drop in mortgage interest rates in December may have kickstarted this year's spring housing market early. Optimism about mortgage rates increased sharply in December, according to a monthly consumer survey by Fannie Mae. "This significant shift in consumer expectations comes on the heels of the recent bond market rally," said Palim. "Notably, homeowners and higher-income groups reported greater rate optimism than renters." The average rate on the 30-year fixed has been on a wild ride since the start of the Covid pandemic.
Persons: Fannie Mae, Mark Palim, Ryan Paredes, Ariadna Paredes, Ryan Ratliff, Joe Raedle, Paul Legere Organizations: Max Advance Realty, Getty, . Washington , D.C Locations: Cutler Bay , Florida, . Washington ,
The president of the National Association of Realtors on Monday said she was resigning due to a blackmail threat that sought to "compromise" her leadership role. NAR President Tracy Kasper said she had notified the group's leadership team "that she recently received a threat to disclose a past personal, non-financial matter unless she compromised her position at NAR." President-elect Kevin Sears will immediately step into the post at the group, which represents more than 1.5 million members working in the residential and commercial real estate industries. and the majority owner of two other real estate companies in the state, according to her NAR bio. Also, the article was updated to reflect that Kasper wasn't president of the NAR in 2016.
Persons: Tracy Kasper, Kasper, Kevin Sears, Kenny Parcell, Bob Goldberg, Berkshire Hathaway, Silverhawk, CNBC's Diana Olick, Kasper wasn't Organizations: National Association of Realtors, NAR, New York Times, CNBC PRO Locations: Berkshire, Boise Valley , Idaho
Remote workers may also seek out cities with cultures they enjoy more, those that are walkable, and those that are well-connected via a major airport, she said. All of them have median home prices relatively close to, or below, the national median of $408,573, according to Redfin data. And they are all significantly less expensive than median prices in New York or Boston, which hover near $800,000, or San Francisco and Los Angeles, which both have median prices over $1 million. The eight cities also have below-average costs of living, according to the Council for Community and Economic Research's Cost of Living Index. We've listed the eight cities below, their median home prices, populations, cost of living index scores, and major airports.
Persons: Nicole Beauchamp, we've, Beauchamp Organizations: Sotheby's, Business, Council for Community Locations: New York, Boston, San Francisco, Los Angeles
With interest rates expected to come down in 2024, real estate — a sector beloved for its steady income payments — could see upside in the new year. "When rates are low, a lot of income-oriented investors see that REIT dividend as very attractive, and they are willing to take the risks associated with equity investment to have this dividend payment." Jefferies is neutral on the office REIT sector but has raised its rating on Boston Properties to buy from hold. The senior housing occupancy rate was 84.4% in the third quarter of 2023, according to the National Investment Center for Seniors Housing & Care . That's up more than 6 percentage points from the pandemic low of 77.8%, but it's still off from the pre-pandemic occupancy rate of 87.1%.
Persons: REITs, Kevin Brown, Jefferies, Peter Abramowitz, Morningstar's Brown, it's, Brown, JPMorgan's Anthony Paolone, Ventas, — CNBC's Michael Bloom, Chris Hayes Organizations: Federal Reserve, Treasury, Boston Properties, Boston, National Investment Center, Seniors Housing & Care, Realty Locations: U.S, Boston, Friday's
The S & P 500 rose 24% in 2023, ending the year just shy of a record closing high. The highest S & P 500 target on the Street calls for 8.7% upside from Thursday's close. A fund with exposure to small and midcap semiconductor stocks is the SPDR S & P Semiconductor ETF (XSD) . Exposure to this space can be obtained through the SPDR S & P Health Care Equipment ETF (XHE) . For these investors, Bailey likes Berkshire Hathaway , calling it a counter-cyclical sitting on a ton of cash.
Persons: Larry Adam, Raymond James, Robert Kaplan, Steven Wieting, Wieting, there's, Mike Bailey, — Bailey, Bailey, They're, Berkshire Hathaway, Eli Lilly, they're, Jack Ablin, Ablin, Rowe Price Organizations: Nasdaq, Dow Jones Industrial, CNBC Pro's, Survey, National Association for Business Economics, Dallas Federal, CNBC, Bank of America, Fed, CNBC Pro, Citi Global Wealth, Nvidia, Meta, Microsoft, P Semiconductor, P Health Care, FBB Capital Partners, Corporate, Aggregate Bond, Berkshire, Essex Property Trust, Federal Realty Trust, Rowe Price Group Locations: Essex
Padel is said to be one of the world's fastest-growing sports, with 25 million players in over 90 countries. AdvertisementThe country's fastest-growing sport, pickleball, may have some competition. A standard-sized court is 66 feet by 33 feet, bigger than a pickleball court but smaller than a doubles tennis court. And Enclave, a gated community about 35 miles from Chicago in South Barrington, Illinois, is also set to have a communal padel court. Once they got hooked on padel, he said, they started converting them to padel courts.
Persons: Padel, , Haven't, It's, Andy Murray, David Beckham, Omar Vega, padel, Marko Gojanovic, Gojanovic, Mia, Aly, khan Merali, Turnberry, Merali, Michael DeRosa, Kelli Ide, that's Organizations: Service, CNN, The New York Times, Business Locations: Mexico, Padel, Miami's, Miami Beach, South Florida, Turnberry, North Miami, Turnberry's, Spain, York, Central, Chicago, South Barrington , Illinois, Lake, Skaneateles, Skaneateles , New York, Atlanta, Los Angeles
We're adding to our Eaton position after learning about data center news that makes us even more bullish about this power management company. Late Thursday, Blackstone and Digital Realty announced a huge joint venture to develop $7 billion worth of data centers across Europe and North America. News like this is fantastic for Eaton, whose largest end market by sales is Data Centers & Distributed IT, representing about 15% of sales. In the press release announcing the deal, Gray said, "Data centers are experiencing once-in-a-generation demand growth, driven by cloud adoption and the AI revolution." AI data centers require both higher power and higher power density relative to traditional data centers, resulting in three times the electric content.
Persons: Jim Cramer's, Eaton, Jon Gray, Blackstone, Gray, Jim Cramer, Jim, Brendan Mcdermid Organizations: ETN, Blackstone, Digital Realty, Centers, Data Center, Data, CNBC, New York Stock Exchange Locations: Eaton, Europe, North America, New York City, U.S
That helped India expand at a forecast-beating 7.6%, making it one of the world's fastest-growing major economies. It has been driven by rising incomes for many Indians, a severe housing shortage in big cities and strong population growth. Builders are bullish long-term with many saying the boom could last two to three years and some even more optimistic. "The housing market could continue to perform well for another three to four years," Sanjeev Jain, managing director at Parsvnath Developers, a leading real estate company, noting that India is in the initial stages of a housing growth cycle. The government is also trying to boost the availability of affordable housing by providing subsidies, which is encouraging construction in India's smaller towns and cities.
Persons: Nifty, Sunil Sinha, Sanjeev Jain, Prashant Thakur, Jayesh Rathod, Narendra Modi's, Manoj Kumar, Nigam, Ira Dugal, Edwina Gibbs Organizations: DELHI, Fitch, Builders, Parsvnath Developers, Reuters, Graphics, Advisory, Prestige Estates, DLF, Reuters Graphics, Thomson Locations: India, China, Mumbai, New Delhi, Bangalore, rocketed, Thane, Tamil Nadu, Karnataka, Gujarat
Stock purchases by corporate insiders are tracked by many fund managers as a potential signal of company quality. For example, shares of Spectrum Brands are down about 17% over the past three months, but its top executive just stepped in. Spectrum Brands is a conglomerate of different home and pet products, including George Foreman cooking grills and the Wild Harvest pet food line. Here are the top five insider buys revealed in the final week of November, according to VerityData and securities filings. Spectrum Brands: Maura bought 40,000 shares at an aggregate price of $2.67 million.
Persons: David Maura, Maura, George Foreman, Kayne, John Frey, Ivan Kaufman, Paul Elenio, Walden Rhines, Dentsply Sirona, Gregory Lucier, Gregory Lucier's Organizations: Stock, Investors, Spectrum Brands, Brands, Kayne Anderson Energy Infrastructure Fund, Arbor Realty Trust Locations: Arbor
(Overstock.com bought Bed Bed & Beyond’s brand out of bankruptcy and has relaunched it online, complete with the 20% coupons.) Burlington, Michaels, Barnes & Noble, Ollie’s Bargain Outlet, Macy’s, HomeGoods and other chains have replaced old Bed Bath & Beyond stores. The majority of Bed Bath & Beyond’s stores are in the suburbs of mid-size and large cities, and are under 50,000 square feet. Bed Bath & Beyond spaces have been grabbed up swiftly at rents of up to 50% what Bed Bath & Beyond was paying, according to commercial real estate investment firm CBRE. Kimco Realty, a real estate owner with 26 former Bed Bath & Beyond leases, said that new leases were 38% higher than Bed Bath & Beyond rents.
Persons: Michael O’Sullivan, Barnes, Noble, hasn’t, Warby Parker, Brandon Isner, CBRE’s, , TJ Maxx, REI Organizations: New, New York CNN, Sears, Circuit, Kmart, Burlington, Bed, Kimco, Sports Authority Locations: New York, Burlington, . Burlington, Michaels, Kimco, HomeGoods
Q: What’s the strangest thing a seller has ever left behind after closing? In 2014, I was working with some buyers who wanted to live on a working farmoff the grid. The sellers had 16 horses, 25 chickens, threegoats, a huge potbellied pig and a Russian boar named Kevin. Aswe got closer to closing, the sellers were panicking because Kevin had escapedhis pen and was running loose on the property. We didn’t learn it wasn’t real until I called the sellers to tell them they left something behind.
Persons: Mary Aronoff, Douglas, Kevin, , Abby Nelson, Realty, , Organizations: Cleveland National Locations: San Diego, Calif, Descanso, Russian, Fla, Florida
WILL SHOPPERS FIND BLACK FRIDAY DEALS THIS YEAR? HOW MUCH ARE SHOPPERS EXPECTED TO SPEND? Spending online during Black Friday is expected to rise 5.7% to roughly $9.6 billion, according to Adobe. WHAT ARE RETAILERS DOING TO ATTRACT HOLIDAY SHOPPERS? Macy's CEO Jeff Gennette on Thursday said the competitive landscape has shifted to Black Friday deals prior to Black Friday.
Persons: Marcus Collins, Collins, Jane Hali, Max, Lancome mascaras, Bobbi Brown concealers, Dana Telsey, Leonardo Fernandez Viloria, David Bujnicki, Kimco, Jeff Gennette, Mattel, Steve Totzke, Juveria Tabassum, Savyata Mishra, Richa Naidu, Helen Reid, Herbert Lash, Josie Kao Organizations: Retailers, Department, Ross School of Business, University of Michigan, Dollar, Walmart, Associates, Nordstrom, Adobe Analytics, Electronics, Mastercard, National Retail Federation, Telsey Advisory, Sensormatic Solutions, U.S, Black, REUTERS, Adobe, Labor, Kimco Realty Corp, Consumers, Deloitte, Reuters, Thomson Locations: U.S, Europe, Philadelphia, China, United States, Caracas, Venezuela, Panama, Israel, Sixth, Washington, Germany, India, Spain, United Kingdom, Bengaluru, London
Lightning Round: I like Rivian over Lucid, says Jim Cramer
  + stars: | 2023-11-20 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: I like Rivian over Lucid, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: SL Green Realty, Lucid, SLB, Toyota, Conagra, Sirius XM and more.
Persons: Jim Cramer Organizations: Green Realty, Toyota, Sirius XM
Cramer's Lightning Round: 'Buy Toyota'
  + stars: | 2023-11-20 | by ( Julie Coleman | ) www.cnbc.com   time to read: +2 min
Stock Chart Icon Stock chart icon SL Green Realty's year-to-date stock performance. Stock Chart Icon Stock chart icon Lucid's year-to-date stock performance. Stock Chart Icon Stock chart icon Schlumberger's year-to-date stock performance. Stock Chart Icon Stock chart icon Toyota's year-to-date stock performance. Stock Chart Icon Stock chart icon Conagra's year-to-date stock performance.
Persons: it's, Xcel, It's, That's, Wynn, Jim Cramer's Organizations: Green, Schlumberger, Toyota, Twist, Boise, Xcel, Excel, Sirius, Sirius XM, Properties Locations: BXP, Boise
Legendary short seller Jim Chanos, who has decided to convert his hedge funds to a family office after nearly four decades, said he remains a firm believer in short-selling in this era of rampant corporate wrongdoings. In his final message to investors, the short seller best known for his bet against Enron before its bankruptcy in 2001, said there are still more than enough short opportunities for investors. Chanos has also bet against Tesla and Coinbase in recent years, but these positions turned out to be volatile and tough at times. The founder of Chanos & Co. said Coinbase runs an unsustainable model as it makes money from increased commission rates for retail investors. "It is no secret that the long/short equity business model has come under pressure and interest in fundamental stock pickers has waned," Chanos wrote in the letter.
Persons: Jim Chanos, Chanos, , Tesla, Coinbase, — CNBC's Scott Wapner Organizations: Enron, Digital Realty Trust, Big Tech, Chanos, Wall Street Locations: China
Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert. A riverfront estate outside Savannah, Ga., has sold for $8.4 million, beating its own record for the priciest sale in the area, according to listing agent Melissa Hall Rowan of Corcoran Austin Hill Realty.
Persons: Melissa Hall Rowan, Corcoran, Hill Organizations: Hill Realty Locations: Savannah, Ga
Courtesy National Association of RealtorsKasper echoed those sentiments in a keynote address to agents at the convention on Tuesday, telling agents: “We will continue to listen closely to your feedback. Real estate agents generate about $100 billion in commissions a year, according to the Department of Justice. And about half of that, plaintiffs in the recent case argue, goes to buyers’ agents. Visitors at the National Association of Realtors convention on November 14 in Anaheim, California. She said that buyers’ agreements may have to have wording that says that if a seller doesn’t agree to pay the buyer’s agent commission, the buyer is on the hook for that money.
Persons: Keller Williams, Tracy Kasper, Berkshire Hathaway, Silverhawk, , ” Tracy Kasper, National Association of Realtors Kasper, Renée Roqué, Alexis McGee, , Liu Guanguan, John Natale, Natale isn’t, Lynn Madison, Madison, Chuck Simons, “ It’s, Matt Troiani, Troiani, it’s, ” Troiani, ” ‘, Jim Flanagan, Flanagan, isn’t, Nate Johnson, haven’t, Johnson Organizations: California CNN, National Association of Realtors, NAR, of Justice, NXT, Department of Justice, China News Service, Social Media, Realtors, Coldwell, RedKey Realty Locations: Anaheim, California, Missouri, America, Texas, Berkshire, Boise , Idaho, Stevenson Ranch , California, San Mateo County , California, New Jersey, Anaheim , California, Illinois, Valencia , California, Ocean County , New Jersey, Flanagan’s, St, Louis , Missouri
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