CNBC's "Power Lunch" team talks with Representative Ro Khanna (D-CA) about Google's housing grant. Google plans to give $1 billion toward affordable housing efforts in the San Francisco Bay Area. $750 million of the funds will go towar
The nation's homebuilders reported solid confidence in the housing market in June, but levels dropped slightly due to concerns over trade issues, the high costs of construction and the lack of skilled labor.
Binay Chandgothia of Principal Global Investors says he would start looking to add exposure to stocks in Hong Kong and China as they sell off more. He says the markets could fall up to 10 percent further in the worst case.