archivenews

More than a third of surveyed Americans view real estate as the best long-term investment, according to a new report by Gallup, a global analytics and advisory firm. Others are more bullish on gold as a long-term investment, the report found.  Here’s what advisors have to say. Some Americans believe real estate and gold are the best long-term investments. Advisors think that's misguided. About 37% of surveyed U.S. adults view real estate as the best investment for the long haul, according to a new report by Gallup, a global analytics...

Aerial video along the Swannanoa River reveals the wrath of Tropical Storm HeleneAerial video along the Swannanoa River between Black Mountain and Asheville reveals the devastation of Tropical Storm Helene.Buncombe County’s proposed budget for fiscal year 2026 includes a 3.26-cent property tax increase to offset revenue shortfalls in the aftermath of Tropical Storm Helene.The budget prioritizes essential services, including $122 million for education, though still short requests from Asheville City Schools and Buncombe County Schools.ASHEVILLE – Described as a “break-even budget” focused on essential government services and recovery in the...

Reno redevelopment agency approves GSR arena project TIF contractReno's redevelopment agency voted 5-2 to approve the GSR arena project's tax-increment financing contract.The Reno redevelopment agency, which is made up of the city council members, voted in 5-2 to approve the tax-incremental financing contract with the Grand Sierra Resort’s phase one arena project.The deal would require GSR to be reimbursed 90% of its property tax, while the redevelopment agency would keep 10% of the property taxes. It sunsets in 2035.GSR owner Alex Meruelo said he would give the lease to the...

This is CNBC's live blog covering Asia-Pacific markets. Asia-Pacific stocks mostly climbed after China's central bank and financial regulators announced sweeping plans to cut key interest rates in an effort to shore up growth in the face of trade worries. Hong Kong's Hang Seng index rose 0.5% while mainland China's CSI 300 climbed 0.61% to close at 3,831.63. Japan's benchmark Nikkei 225 lost 0.14% to close at 36,779.66 while the Topix rose 0.31% to close at 2,696.16. South Korea's Kospi added 0.55% to close at 2,573.8 while the small-cap Kosdaq lost...

article A "Sold" sign sits in front of a newly purchased home as property taxes continue to climb across major US metros. (Photo by Steve Pfost/Newsday RM via Getty Images) Where did property taxes rise the most? By the numbers: Tampa, FL: +23.3%Indianapolis, IN: +19.8%Dallas, TX: +19.0%Jacksonville, FL: +18.7%Atlanta, GA and Miami, FL: +18.6%Seattle, WA: +18.4%San Antonio, TX: +18.2%San Diego, CA: +18.0%Charlotte, NC: +17.6% How much are people actually paying? Nationally, the median property tax bill in 2023 was $2,969, or about $247 per month. However, there’s a sharp divide between homeowners with and...

article A "Sold" sign sits in front of a newly purchased home as property taxes continue to climb across major US metros. (Photo by Steve Pfost/Newsday RM via Getty Images) Where did property taxes rise the most? By the numbers: Tampa, FL: +23.3%Indianapolis, IN: +19.8%Dallas, TX: +19.0%Jacksonville, FL: +18.7%Atlanta, GA and Miami, FL: +18.6%Seattle, WA: +18.4%San Antonio, TX: +18.2%San Diego, CA: +18.0%Charlotte, NC: +17.6% How much are people actually paying? Nationally, the median property tax bill in 2023 was $2,969, or about $247 per month. However, there’s a sharp divide between homeowners with and...

By JOSH FUNK OMAHA, Neb. (AP) — Billionaire investor Warren Buffett said Saturday that he wants to step down as chief executive of Berkshire Hathaway at the end of the year. The revelation came as a surprise because the 94-year-old had previously said he did not plan to retire. Buffett, one of the world’s richest people and most accomplished investors, took control of Berkshire Hathaway in 1965 when it was a textiles manufacturer. He turned the company into a conglomerate by finding other businesses and stocks to buy that were...

Mortgage preapproval first-time homebuyersIf you’re a first-time homebuyer, here’s how to get a mortgage preapproved.Starting earlier this month, any property listing that was publicly marketed to consumers but not listed on the local MLS within one business day no longer appears on Zillow.This step is in line with the National Association of Realtors' Clear Cooperation Policy, which aims to prevent exclusive real estate listings and increase fairness among buyers.Corrections & Clarifications: The headline on an earlier version of this story gave the wrong timing. The listing changes will happen later...

This is CNBC's live blog covering Asia-Pacific markets. Asia-Pacific markets traded mixed as investors assessed trade developments between the U.S. and countries in the region, with focus also on Asian currencies that reversed course to weaken Tuesday as the dollar appreciated. India has reportedly proposed zero tariffs on steel, auto components and pharmaceuticals on a reciprocal basis and up to a certain amount of imports, while Malaysia said Monday that Washington had agreed for further talks and there could be a cut in tariffs. Treasury Secretary Scott Bessent told CNBC...

Asian currencies strengthened against the dollar, with the Taiwanese dollar leading the charge. Taiwan's stock benchmark Taiex fell. Australia stocks fell following Prime Minister Anthony Albanese's reelection. India's benchmark Nifty 50 and broader BSE Sensex rose. Japanese, South Korean, Hong Kong and Chinese markets were closed for public holidays. Asia-Pacific currencies appreciated Monday, led by the Taiwanese dollar, as the U.S. dollar weakened. Taiwan's currency continued to strengthen, appreciating 5.77% against the greenback to 3-year highs of 28.93. The offshore Chinese yuan strengthened 0.21% against the dollar to 7.196, hitting its strongest...