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  • Last Call: Cuts Like a Knife — Moody's Downgrades Banks Thursday, 21 Jun 2012 | 10:28 PM ET
    Moody's

    Moody’s downgrades banks; Blackrock fund manager leaves; Twitter suffers an outage; AIG docks a chief for an inter-office relationship.

  • Deal Reached on Ailing California's Budget Thursday, 21 Jun 2012 | 4:06 PM ET
    California Attorney General and democratic candidate for governor Jerry Brown.

    California Gov. Jerry Brown and Democratic leaders reach agreement to finalize the budget for the financially strapped state.  A vote of the Legislature will take place next week.

  • Island Towns Wednesday, 20 Jun 2012 | 5:16 PM ET
    Other than danger posed by hurricanes, there isn’t much to dislike about island communities, with their seafood, beaches, nature sanctuaries, houses on stilts, submersed shipwrecks, and often with their pirate lore and history. Thanks to paparazzi following celebrities and politicians on their vacations, some island vacation destinations like Martha’s Vineyard and Nantucket, Mass., and off the left coast, Catalina, are fairly well known. We decided to take a look at some other water-bound locati

    We decided to take a look at some water-bound locations, beautiful isolated hamlets on land masses surrounded by water.

  • Forecast: Only Halfway Through Housing Recovery  Wednesday, 20 Jun 2012 | 8:42 AM ET

    CNBC's Jane Wells breaks down the data on the outlook on housing and the economy from the UCLA Anderson Forecast, with Edward Leamer, UCLA Anderson Forecast director.

  • Coolest Athlete Homes Tuesday, 19 Jun 2012 | 6:01 PM ET
    The value of the average home in the U.S. in April was $147,300, according to the real estate website  The home of the professional athlete, however, is likely to be anything but average.The professional athlete is often a distinct type of home buyer who’s different from the average American, in part because the contract and endorsement money makes possible the purchase of colossal, multimillion-dollar homes. However, these athletes can have serious problems selling off real estate.A multimillio

    The average U.S. home value is $147,300, but a professional athlete's home is anything but average. Read ahead to see 10 of the coolest athlete homes on the market.

  • Salvaged Sanctuaries: Homes Made from Junk Friday, 15 Jun 2012 | 4:53 PM ET
    Location: Berkeley, Calif.This small and very green two-bedroom home designed by  incorporates more than 100 salvaged car roofs on its second-story walls. The roofs were harvested from gray cars that were left for scrap at junkyards. The awnings were formed from Dodge Caravan side windows. (The firm’s website points out that what was once America’s bestselling minivan is now one of junkyards’ most commonly found minivans.) The first floor exterior walls are lined with poplar bark, a waste produc

    As the world gets more crowded and landfills fill up more of the land, people are looking for ways to build homes using fewer raw materials and more repurposed old materials.

  • Spectacular Swimming Pools Tuesday, 12 Jun 2012 | 4:40 PM ET
    Not so long ago, a swimming pool was not much more than a cement swimmin’ hole. It used to be that you’d make a rectangular- or kidney-shaped concrete hole in the ground, fill it with water, and dump in some chemicals. But my how they’ve changed, from contemporary zero-edge pools like those formerly seen only in resorts to pools that imitate wetland ponds. Private swimming pools have become more sculptural and architectural, as seen in  for a luxury residential high-rise. The following collectio

    The following collection shows dazzling outdoor pools, including one belonging to a famous actor/producer, pools with views of oceans and nature, and a few fabulous indoor examples.

  • California's Debt Problem Getting Worse?  Tuesday, 12 Jun 2012 | 11:17 AM ET

    CNBC's Jane Wells reports on California's serious budget problems and how Facebook's 30% decline could make the state's debt problem even worse.

  • San Diego and San Jose Lead Way in Pension Cuts Thursday, 7 Jun 2012 | 9:51 AM ET
    Protestors carry signs as they demonstrate inside the Wisconsin State Capitol on March 4, 2011 in Madison,Wisconsin.

    While all eyes on Wisconsin, two less noticed local elections in California could have bigger ramifications for struggling state and local governments and for organized labor.

  • Disruptors: Who's at the Helm in Silicon Valley?  Thursday, 7 Jun 2012 | 8:13 AM ET

    Sean Parker, Airtime co-founder, discusses new corporate governance models in Silicon Valley, with CNBC's Andrew Ross Sorkin.

  • Death for California’s Cigarette Tax Hike? Wednesday, 6 Jun 2012 | 1:55 PM ET

    A high-profile California cigarette tax initiative backed by cycling legend Lance Armstrong that once seemed like a sure thing teetered on the brink of defeat, a testament to the efficacy of a $50 million campaign backed by Big Tobacco.

  • California Cigarette Tax Vote Too Close to Call Wednesday, 6 Jun 2012 | 12:45 PM ET
    Cigarette in ashtray

    In a battle pitting Big Tobacco and small business groups against health advocates, California voters are deciding whether to increase the state's cigarette tax by $1 a pack. The vote was too close to call Wednesday, The Associated Press reports.

  • Voters in California Appear to Approve Pension Cuts Wednesday, 6 Jun 2012 | 11:41 AM ET

    In San Diego and San Jose, voters appeared to approve ballot measures designed to help balance ailing municipal budgets by cutting retirement benefits for city workers.

  • Route 66

    Known as America's Main Street, Route 66 is undergoing a business resurgence of sorts as travelers search for a bygone era.

  • Bay Bridge Project: Lost Opportunity for US Jobs? Friday, 1 Jun 2012 | 10:34 AM ET
    Construction crews work on a freeway overpass along Highway 101 in Novato, California.

    Officials in California fell victim to a mindset that says China is automatically cheaper, says one analyst. “We shot ourselves in the foot,” she says. “We never even took seriously the domestic bid.”

  • Money-Making Athlete Wives Tuesday, 29 May 2012 | 4:29 PM ET
    The stereotype about professional athletes’ wives is they’re not much more than gold-digging arm candy, with few accomplishments of their own. The stereotype no longer applies today, thanks to the efforts of some high-profile women who established themselves well before they married their famous husbands.Many of the wives of today’s professional athletes are entrepreneurs and business professionals. Some of them have been so successful in their chosen fields they are as famous as their husbands.

    What follows is a list of the wives of 10 athletes who’ve made names for themselves as columnists, models, designers and more.

  • Million Dollar Homes Across America 2012 Tuesday, 29 May 2012 | 10:00 AM ET
    How much can you get for $1 million in today’s real estate market? The answer, of course, varies depending on where you’re looking to buy. In the wake of the U.S. housing crisis, consumer confidence and home values fell sharply, while prices in some cities are less than half of what they were in 2007. In many local markets, however, such as in New York, San Francisco, Anchorage, Alaska, and Omaha, Neb., people on the front lines are optimistic about a recovery in sales volumes, prices and buyer

    CNBC.com surveyed real estate agents in 18 U.S. cities to gain individual perspectives on the health of America’s local real estate markets. Check out the list!

  • Homes of Writers Monday, 21 May 2012 | 5:59 PM ET
    Writers are known much more for our ways with words than for our abilities to put impressive roofs over our heads. Of course, there are many exceptions, and their names can be found on the bestseller lists.  One notable writer’s home came to the spotlight earlier this year when Truman Capote’s former townhouse, originally listed for $18 million,  for $12 million to Dan Houser, creator of "Grand Theft Auto". The 11-bedroom, seven-bath house is the most expensive single-family home ever sold in Br

    Writers are known much more for their way with words than for their ability to put impressive roofs over their heads. Of course, there are many exceptions. Check out who they are!

  • Silicon Valley’s High Tech Mountain Retreat Wednesday, 16 May 2012 | 4:20 PM ET
    A gated community situated between North Lake Tahoe and Truckee, Calif., counts among its members bigwigs from Facebook, Apple, Yahoo, and Google. While North Lake Tahoe is a four-hour drive from the Silicon Valley, Martis Camp serves as a year-round second-home getaway. The homes have rustic touches and incorporate rugged materials, but the community members are not exactly roughing it. The luxury mountain homes in the community start in the $2 million range, and the community buildings such as

    This gated community counts among its members bigwigs from Facebook, Apple, and Google. Will such upscale communities become standard for the titans of Silicon Valley?

  • Facebook's $12 Billion Gift to California? Tuesday, 15 May 2012 | 4:29 PM ET
    Facebook

    In the budget revision released this week by California Governor Jerry Brown, there was only one thing to “like”—Facebook.