Business

[ad_1] An ‘Open House’ sign is displayed as potential home buyers arrive at a property for sale in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images Rising mortgage rates, high home prices and uncertainty in the overall economy have Americans feeling more pessimistic about the state of the housing …

[ad_1] CNBC’s Jim Cramer said he anticipates a near-term rally in energy stocks if Republican candidates perform well in Tuesday’s midterm elections and win a majority in at least one chamber of Congress. Oil and gas companies should be among the “biggest winners” if that were to happen, Cramer said …

[ad_1] A traveler arriving at Los Angeles International Airport looks for ground transportation during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers “basic employee rights” in Los Angeles, California, U.S., August 20, 2020. Mike Blake | Reuters Check out …

[ad_1] Virgin Orbit’s modified 747 jet “Cosmic Girl” releases the company’s LauncherOne rocket for a mission on January 13, 2022. Virgin Orbit Virgin Orbit raised $25 million, the company announced Monday alongside its third-quarter results, as the alternative rocket launcher faces a dwindling cash reserve. The company disclosed that Richard …

[ad_1] The social media app will be developed by Trump Media and Technology Group (TMTG). Rafael Henrique | LightRocket | Getty Images Shares of Digital World Acquisition Corp., the company set to take Trump Media and Technology Group public, spiked Monday after former president Donald Trump hinted at a 2024 …

[ad_1] Wells Fargo downgraded Club holding Costco (COST) in a rare move Monday, citing “brewing headwinds” to the wholesale retailer’s growth momentum. We think this call is a mistake and see Costco as a buy here, given the value it continues to offer its customer base amid a deteriorating economy. …

[ad_1] It’s hard to imagine what it would be like to win Powerball’s $1.9 billion prize. But the reality almost always falls far short of the fantasy. “The curse of the lottery losers is very real,” said Andrew Stoltmann, a Chicago-based lawyer who has represented several recent lottery winners. One …

[ad_1] A home awaits sale at a reduced asking price in Glendale, California. David McNew | Getty Images The historic run-up in home prices during the first two years of the pandemic gave homeowners record amounts of new home equity. Since May, however, about $1.5 trillion of that has vanished, …

[ad_1] SpaceX CEO Elon Musk speaking about the Starlink project at MWC hybrid Keynote during the second day of Mobile World Congress on June 29, 2021 in Barcelona, Spain. Nurphoto | Nurphoto | Getty Images Elon Musk’s SpaceX introduced restrictions to its Starlink internet service to curtail data drains of …

[ad_1] Jim “Mattress Mack” McIngvale, of Houston, holds some of the tickets in Atlantic City N.J., Tuesday, Nov. 1, 2022, showing bets he has made on the Houston Astros to win the baseball World Series. Wayne Parry | AP Mattress Mack’s record-breaking $75 million payout on a wager that the …