The election outcome and future policy could impact the municipal bond market, experts say. A popular asset for higher earners, muni bonds generate interest that is federally tax-free and avoids state levies when investors live in the issuing state. However, there's uncertainty around interest rates, income taxes and public financing.

The election could have a 'massive impact' on the municipal bond market, analyst says

Gold prices dipped more than 2% on Friday, as the dollar gained and profit taking kicked in following bullion's all-time peak hit earlier this week, which was fuelled by rising expectations of U.S. interest rate cuts in September. Spot gold was down 1.9% at $2,399.27 per ounce by 1758 GMT....

Gold slips from all-time peak on profit taking, firmer dollar

New York City, NY

Nahjae Olin was born and raised in the Bronx, New York City. She and five of her siblings grew up in a one-bedroom apartment just one block away from the place she now calls home. In 2019, the 26-year-old preschool teacher had just moved back in with her family after...

26-year-old won the NYC housing lottery, pays $881/month for a 1-bedroom apartment: How the process works

Bonsall, CA

The leader of a nationwide retail crime operation faces five years and four months in state prison and must pay millions in restitution. A CNBC investigation in March detailed Michelle Mack's operation and showed how law enforcement traces stolen items from organized retail rings. Mack oversaw a multimillion-dollar operation in...

Retail crime 'queenpin' faces five years in prison, millions in restitution

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

CNBC's Andrew Ross Sorkin and Becky Quick report on the latest news.

Global IT outage grounds planes and sends broadcasters off air

CNBC brings you fast, accurate, and actionable business news and market updates.

News Update – Late Morning

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The Shy Green

Salt Life Beer, a beloved brand synonymous with ocean enthusiasts and craft beer lovers, is facing turbulent times as it files for Chapter 11 bankruptcy. Known for its crisp and refreshing lager inspired by the sea, Salt Life Beer has become a staple for those who cherish the ocean's allure.

Another famous beer brand is going bankrupt and will file for Chapter 11

When Kema Ward-Hopper uprooted her family — and career — to relocate from the U.S. to Costa Rica six years ago, she wasn't sure what to expect. She and her husband Nicholas quit their corporate jobs as a research analyst and mortgage broker, respectively, in Houston, Texas, to pursue new careers as entrepreneurs abroad.

I quit my job in the U.S. and moved to Costa Rica—now I work 25 hours/week and am 'a lot happier'

There's troubling news brewing in the home improvement world as LL Flooring, formerly known as Lumber Liquidators, grapples with serious financial woes. From its humble beginnings with a pickup truck in Massachusetts to growing into a behemoth with 442 stores across 47 states, the company now finds itself at a critical juncture.

A major home improvement store might shut down all its stores and declare bankruptcy

Los Angeles, CA

This story is part of CNBC Make It's Millennial Money series, which details how people around the world earn, spend and save their money. After graduating from Syracuse University in 2017 and spending three years working corporate jobs in both advertising and marketing in New York City, Vienna Hintze wanted a change.

29-year-old quit her job to sell flowers from a pickup truck—now she brings in up to $16,000 a month

South Carolina State

Town Talks

When it comes to deciding who to marry, many people choose to spend the rest of their lives with a high school sweetheart, college classmate, or someone they met at work. Others decide to tie the knot with someone who they have known their whole lives — and maybe even met at a family reunion.

Can you marry your first cousin in North Carolina? What state law says

Brookings, SD

There is some tough news in the coffee and cafe scene. Cottonwood Coffee, a beloved spot based in Brookings, South Dakota, has filed for Chapter 11 bankruptcy. This decision comes as they battle significant financial challenges, especially worsened by the lingering impact of the Covid-19 pandemic.

A coffee and cafe company has filed for Chapter 11 bankruptcy due to financial difficulties

How do you instantly gain someone's trust? Whether it's a new friend, a colleague, or a romantic prospect, genuinely connecting and building strong bonds might seem daunting, but emotional intelligence is absolutely an ability that you can learn. I'm a Harvard-trained emotional intelligence researcher and the founder of Mind Brain...

Harvard-trained researcher: People with high emotional intelligence always do 3 things when talking to others

Kentucky State

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Northern Kentucky Tribune

Gov. Andy Beshear sent a letter to Anne Milgram, administrator for the U.S. Drug Enforcement Administration (DEA) on Wednesday, expressing his support of the U.S. Department of Health and Human Services’ recommendation that the DEA ease restrictions on marijuana.

Gov. Andy Beshear pens letter to DEA in support of easing federal restrictions on marijuana

North Carolina State

Death Disclosure Laws and Property Disclosures in North Carolina. In North Carolina, there is no legal obligation for homeowners or real estate agents to disclose if a death has occurred in a home, whether by natural causes, murder, or suicide. However, if a potential buyer directly inquires about any deaths on the property, the seller is required to provide that information.

If someone dies at your house do you have to tell a potential buyer? What North Carolina law says

The Association of Professional Flight Attendants, which represents the flight attendants, said the deal addresses their concerns about compensation, work rules and retroactive pay. It did not offer more details. Reached after more than three years of negotiations, the tentative agreement will be sent to the union's board for review....

American Airlines flight attendants reach new contract deal

California State

The HD Post

CALIFORNIA – Starting July 1, landlords will only be allowed to collect one month’s rent for the security deposit on a rental property. Assembly Bill 12, signed into law last October, says regardless of whether the residential property is unfurnished or furnished, only one month’s rent can be charged in addition to any rent for the first month paid on or before initial occupancy.

Law limiting security deposits goes into effect July 1

With inflation decelerating, interest rate cuts are widely expected later this year. Traders are predicting a September cut with near 100% certainty, according to the CME FedWatch Tool, which uses market data to predict Federal Reserve interest rate decisions. That's potentially good news for homebuyers, since interest rate cuts would...

Mortgage interest rates are expected to drop by the end of the year—here’s how much you could save on monthly payments

NewsBreak

10-year Treasury yield falls as Powell says U.S. getting back on 'disinflationary path'

Treasury yields fell on Tuesday after Federal Reserve Chair Jerome Powell cited progress on squashing stubborn inflation. The yield on the benchmark 10-year Treasury note fell...

10-year Treasury yield falls as Powell says U.S. getting back on 'disinflationary path'

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