A Reuters study found that Iran's Ayatollah Khamenei controls a massive financial empire built from property seizures from ordinary Iranians.
Toll Brothers is buying the home building unit of Shapell Industries for about $1.6 billion, strengthening its position in California.
Madison Hildebrand, Coldwell Banker Residential Brokerage in Malibu, says Malibu really did suffer during the global economic crisis. "Many buyers are coming in with cash and putting down large down payments," he says.
CNBC's Diana Olick reports Malibu is the most expensive housing market while Cleveland is the most affordable.
Tuesday's elections include races for governor and mayor. But two special initiatives to raise the minimum wage may be the most watched by businesses.
The Kaiser Foundation reports the 2014 healthcare law could make up to 17 million American eligible for tax credits to buy private health insurance.
A recent report of a wine shortfall just marks a return to a more typical level of production and won't lead to bottles vanishing from store shelves.
A woman testing a prototype Google Glass was ticketed in San Diego for driving wearing the glasses with a built-in computer and miniature display.
A California factory town's attempt to shut down production of Sriracha sauce heads to court until the company gets rid of the plant's smelly fumes.
The city of Irwindale, Calif., filed a lawsuit against Huy Fong Foods, maker of Sriracha, claiming the odor from the plant is a public nuisance.
The New York Stock Exchange on Saturday did a test run of Twitter's highly anticipated market debut, as it seeks to avoid the types of problems that plagued Facebook's initial public offering.
Wildlife officials to list the sage grouse as endangered species, a move that would greatly effect energy development in the Western U.S.
USA Today reports Verizon has been asked by the government to improve the HealthCare.gov site, which is a key component of the Affordable Care Act.
New York and Illinois court rulings on 'Amazon taxes' may head to the U.S. Supreme Court to settle questions about the taxing online retail sales.
Commuter rail workers in the San Francisco Bay Area walked off their jobs on Friday, throwing the morning commute into chaos.
Facebook’s backing of an apartment complex near its headquarters fulfills part of Menlo Park’s state-mandated requirement to add affordable housing.
Just 200 yards off the coast of Manhattan Beach near downtown LA, an 8-foot-long baby great white shark checks out a surfer.
CNBC's Robert Frank shares a peak at Wednesday's season finale of "Secret Lives of the Super Rich."
Same-sex couples seeking a divorce face a complicated legal ride due to differences among the states in their laws concerning gay relationships.
Step inside what's been called the ultimate "billionaire's beach house." The La Villa Contenta beach house is currently listed on the market for $54 million.