Cost of construction has gone up, but worker productivity has not
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Richard LeFrak, The LeFrak Organization CEO, joins ‘Squawk Box’ to discuss concerns over housing affordability, rising cost of construction, what can be down to bring down housing prices, impact of lower interest rates, and more.
Delta says shutdown cost it $200 million, but forecasts strong demand
A Delta Airlines Boeing 757-200 plane passes by the U.S. Capitol dome in Washington as it comes in for a landing at Ronald Reagan Washington National Airport on Sunday, November 9, 2025. Bill Clark | Cq-roll Call, Inc. | Getty Images Delta Air Lines said the government shutdown that ended Continue Reading
AEO, OKTA, MCHP and more
Check out the companies making headlines before the bell. American Eagle Outfitters — Shares jumped nearly 13% after the retailer reported third-quarter earnings of 53 cents per share on revenue of $1.36 billion, beating the Street’s expected earnings of 44 cents per share on revenue of $1.32 billion, according to Continue Reading
Trump to announce new fuel economy standards Wednesday, sources say
Traffic on Interstate 80 in San Pablo, California, US, on Wednesday, Nov. 26, 2025. David Paul Morris | Bloomberg | Getty Images The White House will announce new fuel economy standards on Wednesday, according to administration sources. The Trump administration will propose rolling back the standards implemented by former President Continue Reading
Private payrolls unexpectedly fell by 32,000
A hiring sign is displayed in the window of a business in Manhattan on Nov. 27, 2025 in New York City. Spencer Platt | Getty Images The U.S. labor market slowdown intensified in November as private companies cut 32,000 workers, with small businesses hit the hardest, payrolls processing firm ADP Continue Reading
Macy’s (M) earnings Q3 2025
Macy’s on Wednesday beat Wall Street’s sales expectations for the third quarter in a row and posted its strongest growth in more than three years as the company’s turnaround strategy showed signs of momentum. The department store operator raised its full-year sales and earnings outlook after its better-than-expected fiscal third Continue Reading
Mortgage rates finally moved lower last week, but that didn’t do much for demand
Homes in Hercules, California, US, on Wednesday, Nov. 12, 2025. David Paul Morris | Bloomberg | Getty Images After rising for several weeks, mortgage rates moved decidedly lower last week, but not enough to make much of a difference in demand from current borrowers or potential homebuyers. Total mortgage application Continue Reading
American Eagle, Gap and Levi Beyonce Sydney Sweeney denim ad returns
Levi Strauss CEO Michelle Gass was out for a run in San Francisco last March when she first heard the song “Levii’s Jeans” from Beyonce’s latest album, “Cowboy Carter.” “Literally, I got chills,” Gass recounted to CNBC, adding the name check represented a “once in a lifetime” marketing opportunity she Continue Reading
Complex ETFs offering big rewards amp up market risks
From single-stock to inverse exchange-traded funds, firms have been marketing more complex strategies offering potentially monster gains to individual investors. However, the recent market volatility may be intensifying the risk of losses. Openinterest.Pro co-founder and chief strategist Mike Khouw warns when markets turn lower or swing sharply, these leveraged products Continue Reading
Breitling says Trump’s 39% tariffs are ‘horrible’ for Switzerland
An exterior view of the Breitling Swiss luxury watch store in New Bond Street, Mayfair on February 17, 2025 in London, United Kingdom. John Keeble | Getty Images News | Getty Images Tariffs of 39% that were slapped on Swiss goods by U.S. President Donald Trump have been “horrible” for Switzerland, the Continue Reading