For-sale home listings are now at their lowest point on record. getty If you’re hoping to buy a house this year, you might have a hard time finding one. According to the latest data from Realtor.com, for-sale listings are officially at an all-time low. By the end of December, the number of homes for sale
Month: January 2021
Members of U.S. Capitol Police try to fend off a mob of supporters of U.S. President Donald Trump as one of them tries to use a flag like a spear as the supporters storm the U.S. Capitol Building in Washington, January 6, 2021. Leah Millis | Reuters Companies across major sectors of the market are
A shopper wearing a face mask due to the coronavirus disease (COVID-19) pandemic browses toys at a Target store in King of Prussia, Pennsylvania, November 20, 2020. Mark Makela | Reuters Target said Wednesday comparable sales rose 17.2% in November and December, as customers bought matching pajamas and gingerbread house kits to celebrate a cozy
A pedestrian passes a notice for the Revival International Center (Centro Internacional de Avivamiento) food pantry, in a city hard hit by the coronavirus disease (COVID-19) outbreak, in Chelsea, Massachusetts, U.S., July 9, 2020. Brian Snyder | Reuters The recent Covid relief package offers 11 extra weeks of jobless benefits to workers. Many, but not
Dwayne “The Rock” Johnson is one of the most successful entertainers in the world. In 2020, for the second year in a row, Johnson, 48, was the highest-paid actor in the world, according to Forbes. (In 2019, he earned $89.4 million, and $87.5 million last year.) He has also become a savvy businessman as the co-founder of Seven Bucks Productions,
People pass a sign for JPMorgan Chase at it’s headquarters in Manhattan, New York City. Spencer Platt | Getty Images Earnings season is upon us, but traders will be far less interested in fourth quarter results than in first quarter and second quarter guidance. The problem is it’s not clear that CEOs will cooperate. Banks
vgajic | E+ | Getty Images People of color are paying more than twice the amount in banking fees than White Americans, a Bankrate survey found. When asked about fees such as ATM, overdraft and routine service charges, Black adults report shelling out an average of $12 a month for checking accounts at banks or
We’ve made it through the disaster of 2020. It’s a new year, which means it’s time to set our goals … [+] and resolutions for the months ahead. getty We’ve made it through the disaster of 2020. It’s a new year, which means it’s time to set our goals and resolutions for the months ahead.
Boston South End aerial view. Residential district near Columbus Avenue. getty The Low Income Housing Tax Credit (Section 42) has generated very little in the way of conventional tax litigation, meaning IRS v taxpayer. Oddly part of Section 42, specifically 42(i)(7) – Impact of tenant’s right of 1st refusal to acquire property – has blossomed
Named for legendary tennis player Bjorn Borg, it was all but a given that Bjorn Farrugia would pursue the sport. Los Angeles-based luxury real estate agent Bjorn Farrugia. Hilton & Hyland Rising through the amateur ranks, the Australia native took a leap of faith in the early 2000s when he moved to the United States
Customers view a BYD Han electric vehicle at a shopping mall on July 12, 2020 in Hangzhou, China. Long Wei | Visual China Group | Getty Images BEIJING — As China’s electric car market heats up, Tesla and BYD are among the winners, data for 2020 sales show. Less than six months after Chinese automaker
A worker pours molten iron into a mold at a mill manufacturing marine engine components in Huaian, Jiangsu province, China February 11, 2019. Reuters BEIJING — Financial institutions are betting on more business opportunities in China’s finance industry, which Beijing is eager to crack open — even if analysts say major changes are a long
2020 was a record year for stocks, as markets rallied against the escalating coronavirus pandemic. 2021, too, has kicked off to a promising start amid a change in the U.S. administration, vaccine rollouts and still rising cases. That has been a boon for retail investors looking to turn a profit, and the trading platforms they
Hundreds of jobless people wait outside the Kentucky Career Center for help with their unemployment claims on June 19 in Frankfort, Kentucky. John Sommers II/Getty Images As President-elect Joe Biden prepares to take office on Jan. 20, one of his first priorities is getting $2,000 stimulus checks approved. A third round of higher payments looked
Economic Security Planning, Inc. Today’s column addresses questions about what happens to a person’s benefit when an ex files on their record, how to file for retirement benefits after taking spousal benefits first and whether it would be a good idea to take early retirement after disability benefits. Larry Kotlikoff is a Professor of Economics
Jobber CEO and cofounder Sam Pillar Jobber Jobber, a software company that helps home-service firms manage their businesses, has raised a $60 million growth equity round, as it seeks to capitalize on the spike in the industry brought on by Covid-19. The firm has 100,000 service professionals on its platform across 47 countries, with the
Investment firms are making a habit of raising stock price targets and the market appears to be confirming the calls being made by analysts, CNBC’s Jim Cramer said Tuesday. “Almost every single time a Wall Street analyst says a stock’s going higher, perhaps far higher, the market proves them right. There are just that many
U.S. stock index futures were modestly higher in overnight trading on Tuesday, after a session that saw stocks alternate between gains and losses. Futures contracts tied to the Dow Jones Industrial Average advanced 28 points, indicating a 43-point advance at the open. S&P 500 futures and Nasdaq 100 futures advanced 0.1%. Stocks closed little changed
After bitcoin hit a record high of over $41,000 on Friday, it faced a sell-off on Monday – in turn, the value of the entire cryptocurrency market declined by as much as $200 billion. Those cautious about bitcoin warn that bitcoin is a market bubble and are concerned that the cryptocurrency’s recent rally is reminiscent of retail investor
Massimo Giachetti | iStock Editorial | Getty Images An aide for the incoming Biden administration said last week the president-elect will extend the payment pause and interest waiver for student loan borrowers beyond this month, when it was set to expire. That means the 42 million Americans with federal student loans will have more time
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