The S&P 500 is closing in on its all-time high, and is likely to sail past it, as long as the Fed promises lower interest rates and the trade war calms down.Market Insiderread more
In a tweet, Trump said that he and Xi "had a very good telephone conversation," and that "our respective teams will begin talks prior to our meeting."Politicsread more
A Bloomberg News report Tuesday morning said the White House had looked at such a move in February.Marketsread more
President Donald Trump on Tuesday announced that he will not nominate acting Defense Secretary Patrick Shanahan to hold the position in a permanent capacity. Army Secretary...Politicsread more
Stocks surged after President Donald Trump said he will be meeting with his Chinese counterpart, Xi Jinping, at the upcoming G-20 summit.US Marketsread more
The move is part of a larger trend that saw the survey's 179 participants move away from risk and toward positions that reflect fear of a coming economic slowdown spurred by a...Marketsread more
Democratic frontrunner Joe Biden on Monday appealed to a billionaire Republican donor for fundraising help in his presidential campaign. But the financier, Trump-supporting...Politicsread more
Facebook and other groups are behind a new programming language for working with the Libra blockchain.Technologyread more
Tesla investors are regaining confidence in a quieter Elon Musk — even as they question the company's ability to hit its production goals for the second quarter.Autosread more
The major Wall Street analysts say Facebook's Project Libra has a bright future.Marketsread more
These are the stocks posting the largest moves midday.Market Insiderread more
As California faces a historic drought, more residents are looking to "graywater treatment" as a fairly easy way to cut their water use. The process takes used water from sinks, tubs and laundry washers, mildly treats it within the same building, then reuses the water on a property's landscape.
The process, sometimes dubbed "showers to flowers" or "laundry to landscape," is mostly used in the construction of single-family homes. The process to install a graywater system in existing infrastructure can be complicated and expensive.
"There's a lot of proposals, but nothing comes close to a graywater irrigation system," Steve Bilson, CEO of ReWater Systems, told CNBC. "You've got it all year-round. No one's going to make you stop doing your laundry and it's extremely cost effective."
The process can cost around $5,000 in a newly built home. While in existing homes, a simple version connected to a washer can cost about $2,500.
Read More How to fix California's drought problem
Bilson said the cost-savings is often realized within several years after upfront costs. Most recently, his company ReWater Systems, has been focusing on the construction of high end luxury homes in places like Malibu, California.
The Natural Resources Defense Council uses a graywater irrigation system in its Santa Monica office.
"Graywater is one way to reduce water since you're using water that otherwise would have gone to waste," said Steve Fleischli, the council's water program director.
Overall, Fleischli said this year, especially with Gov. Jerry Brown's recent announcement statewide cutbacks, residents are more conscious of their water usage.
"A lot of people are taking note and seeing there's a lot that they can do that they can help out," he said.
Correction: This version corrects the spelling of ReWater and Fleischli.