Sen. Kamala Harris and Rep. Maxine Waters introduced a bill Thursday to invest more than $100 billion in affordable housing. The measure, called the Housing is Infrastructure Act, aims to target issues such as limited affordable rental units and aging public housing. The California Democrats’ legislation calls for a series of infrastructure investments to improve affordable housing options. Here are the key points of the bill, which would invest $107 billion total:It would put $70 billion toward

Recent outflows in bond-based exchange-traded funds such as the iShares 20+ Year Treasury Bond ETF (TLT) and BlackRock’s iShares iBoxx $ High Yield Corporate Bond ETF (HYG) aren’t worth worrying about yet, ETF industry leaders say. The TLT, which trades inversely to bond yields, has seen huge outflows in November, with investors at one point pulling more than $1 billion in net assets out of the long-dated bond fund, according to Bloomberg. “What we’re … missing is that we have more money in bo

Chairman of Burton Snowboards, Jake Carpenter attends 2018 Olympic U.S. Snowboard Team Uniform Unveil on November 1, 2017 in New York City. Jake Burton Carpenter, who helped propel snowboarding from hobby to a global sport over the last four decades, has died of complications from recurring cancer, his company said on Thursday. Carpenter, who was also known as Jake Burton, died on Wednesday surrounded by family and loved ones, his Vermont-based company, Burton Snowboards, said on a recorded phon

Sondland “did that for the first couple exchanges,” Holmes testified, enabling him to hear what was being said on both sides of the conversation. Sondland told Trump that Zelenskiy “loves your ass,” Holmes recalled. “I then heard President Trump ask, ‘So, he’s going to do the investigation?’ Republicans noted repeatedly that Trump never personally told Sondland what the terms of the quid pro quo needed to be. “The Democrats’ [sic] are clearly being motivated by a sick hatred for President Trump

YouTube CEO Susan Wojcicki says in 2019, she’s been hearing more about creators feeling the need to constantly produce content, resulting in burnout. They found out that creators can, in fact, take a break and their viewership won’t suffer. Some content creators, who count on ads as their main source of revenue, were enraged in September after some received emails suggesting they would lose their verification status on YouTube. Wojcicki said she asked the product team at YouTube to look into the

House Democrats asked the Supreme Court on Thursday to reject an appeal by President Donald Trump to shield his personal and business financial records from Congress. But the committee has argued that it needs Trump’s records to assess whether new ethics in government legislation is needed. The Supreme Court may now vote to grant or reject the president’s request to review the lower court ruling. If the court decides to grant the case, Democrats asked that it do so this term, which ends in June.

E-Trade shares fell more than 8% on Thursday after sources told CNBC that brokerage giant Charles Schwab is in talks to buy TD Ameritrade, leaving investors worried about E-Trade’s future. Shares of Schwab are up 6% and shares of TD Ameritrade are up 18%. “E-trade still would be attractive to both kind of the obvious firms out there, like Schwab or Ameritrade, or potentially others as well,” said Ryan. But Ryan said Schwab will have its “hands full for while,” with the TD Ameritrade acquisition.

The Democratic-held House passed it on Tuesday by a 231-192 margin, seeing considerably more Republican opposition than the GOP-controlled Senate did. The measure now heads to President Donald Trump, who barring a change of heart, is set to sign it into law. The measure gives the House and Senate a few extra weeks to hash out a long-term spending deal. “On the first path, President Trump stays out of our way and gives Congress the space to work together and find an agreement. On the second path,

SpaceX was conducting a test of its first assembled Starship rocket on Wednesday in Texas when immense pressure burst the tank at the top of the spacecraft, sending pieces flying. Starship is a massive rocket that SpaceX is developing, with the goal of launching cargo and people to the moon and Mars. Starship’s shiny external appearance is because of the type of stainless steel that SpaceX is using to build the rocket. Neither SpaceX or Musk offered an update to the company’s development timelin

The demise of WeWork has thrust another fast-growing company backed by SoftBank into the spotlight: Oyo Rooms. The budget hotel budget chain announced Thursday it is appointing Betsy Atkins, CEO and founder of Baja Corp., as independent director on its board. It’s a sign that Oyo is trying to improve its governance and diversify its board amid concerns over SoftBank increasing it stake in the company. The leadership announcement comes as Oyo’s aggressive growth strategy under the guidance of ear

John Sculley, President of Apple Computer, talks with Apple co-founders Steve Jobs and Steve Wozniak as they introduce the new Apple Iic computer at a conference at Moscone Center in San Francisco on April 24th, 1984. According to John Sculley, who served as Apple’s CEO from 1983 to 1993, how we educate workers is due for disruption. “The way we are educated is going to radically change,” Sculley, currently chairman of pharmacy benefit management company RxAdvance, tells CNBC Make It. Steve Jobs

How a 29-year-old YouTube millionaire in Los Angeles spends his moneyGraham Stephan, 29, lives in Los Angeles, California, and earns $1.6 million a year as a real estate agent, real estate investor and YouTuber. This is an installment of CNBC Make It’s Millennial Money series, which profiles people around the world and details how they earn, spend and save their money.

If you want to get ahead in your career in 2020, adopting a growth mindset should be at the top of your priority list. According to Udemy’s 2020 Workplace Learning Trends Report, a having a growth mindset — or the ability to continue learning in order to adapt to change — was ranked as the most important soft skill for career success. The online learning platform analyzed user data from its Udemy for Business service, which offers several course packages and is used by more than 4,000 companies

Billionaire Ray Dalio runs one of the world’s largest hedge funds — Bridgewater Associates, which manages about $150 billion in global investments. On Tuesday Dalio tweeted that he didn’t always have billions of dollars at his disposal to spend on soliciting expert opinions. “For most of my life, I hardly had any money and I still found tremendous benefit from triangulating with the smartest people I could get to speak with,” Dalio wrote in response. One by one, I had to let them go,” he wrote i

Delivery workEssential skills you learn on the job: Time management, problem-solving, communication, self-management One of Warren Buffett’s first jobs as a teenager was delivering newspapers. The Berkshire Hathaway CEO challenged himself to find more efficient and faster ways to complete his job. Delivering papers instilled the importance of hard work and reliability, Buffett said in an interview with The Globalist. Former Goldman Sachs CEO Lloyd Blankfein did just that: His first job was selli

5 tips on how to shop online during the holidaysShopping expert Sara Skirboll gives gifting tips and tricks to help you through the holiday season.

While the 29-year-old millionaire got his start in real estate, he now earns most of his money making YouTube videos. It was an explainer on how to be a successful real estate agent that he shot “selfie-style” on his iPhone. Graham Stephan earns most of his money making YouTube videos CNBC Make ItToday, Stephan has close to 1.5 million subscribers across two channels. YouTube: $90,684/monthStephan’s main YouTube channel, Graham Stephan, has over 1 million subscribers and focuses on his experienc

Ferrero Brands, the maker of the popular hazelnut-and-chocolate flavored spread Nutella, is set to open its first pop-up hotel in 2020, but only for a few superfans. Hotella Nutella, which is set to open for the weekend in Sonoma, California on Jan. 10, 2020, will have hazelnut-themed decor from Nutella wallpaper, curtains, pillows and Nutella-shaped rugs to “larger-than-life” jars of Nutella spread.

But while retailers offer a lot of great deals during Black Friday and Cyber Monday, especially with the shortened holiday shopping season, not everything is a good value. “There are a handful of categories that tend to have the best discounts during Black Friday,” Sara Skirboll, shopping and trends expert for RetailMeNot, tells CNBC Make It. And don’t worry, these types of goods are also great Cyber Monday deals as well, Skirboll says. Here’s a look at some of the best deals released so far in

The Trump White House “is chaos” and the president isn’t the right person to lead the United States, media mogul and Liberty Media Chairman John Malone said Thursday. I just don’t think he’s the right guy to do it,” Malone told CNBC’s David Faber from New York. “I just don’t think he’s the right guy to do it. Instead, Liberty’s Malone said he’d vote for former New York Mayor Michael Bloomberg in the 2020 presidential election despite his own reservations as a pronounced libertarian. Malone said