As trans-Atlantic travel resumes and home prices in the U.S. continue to rise, American homebuyers are now setting their sights on luxury markets abroad. Choice European markets that languished during the COVID-19 pandemic are now seeing a resurgence, according to a report from the Wall Street Journal. In this week’s look at real estate markets worldwide,
Month: July 2021
In this article CMCSA US journalist Amanda Knox addresses a panel discussion titled “Trial by Media” during the Criminal Justice Festival at the Law University of Modena, northern Italy on June 15, 2019. VINCENZO PINTO | AFP | Getty Images Amanda Knox is speaking out against the new Matt Damon film “Stillwater.” The journalist, who
In this article PYPL The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images PayPal shares fell as much as 8% in extended trading on Wednesday after reporting second-quarter revenues that were weaker than analysts had expected. Here’s how the company did versus expectations: Earnings per share:
In this article @DJ.1 @ND.1 @SP.1 AMZN Matteo Colombo | DigitalVision | Getty Images Futures contracts tied to the major U.S. stock indexes traded mixed at the start of the overnight session Thursday evening as a soft earnings report from Amazon threatened to curb Wall Street’s otherwise strong July on the month’s final day of
Bill Hwang in 2012 Emile Warnsteker | Bloomberg | Getty Images A charity founded by Bill Hwang, a longtime financial executive under scrutiny for a round of trades that sent the market into a tailspin, saw its assets soar by more than $100 million just two years prior to the meltdown on Wall Street. The
Traders wearing masks work inside posts, on the first day of in-person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. Brendan McDermid | Reuters For a few glorious weeks, Wall Street employees who were
We recently hosted Dave Donabedian, CFA, chief investment officer at CIBC Private Wealth, on the Wealth Your Way podcast. The topic of discussion was cryptocurrencies. Are you curious about crypto? There’s been a tremendous amount of hype about how cryptocurrencies are the “next big thing” in the digital revolution, and how they have the potential
The headlines about corporate tax would have you believe that the world was finally starting to agree on some standards for global corporate tax rates. With the U.S. leading the charge for a 15% minimum rate, the G7 quickly got on board and the G20 agreed shortly thereafter. It looked as though an issue that
Focqus, LLC | iStock | Getty Images President Joe Biden is calling on Congress to extend the national eviction ban set to expire in two days. “This moratorium prevented hundreds of thousands of Americans from experiencing the heartbreak, homelessness and health risks that too often emanate from evictions — particularly during a pandemic,” White House
The Biden administration announced Thursday that it will permit a nationwide ban on evictions to expire Saturday, arguing its hands are tied after the Supreme Court signaled the moratorium would only be extended until the end of the month. According to The Associated Press, the White House said President Biden would have preferred to extend
[The stream is slated to start at 4 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Joe Biden is set to delivers remarks about his administration’s latest efforts to boost coronavirus vaccinations. The new steps come as officials warn of an expected surge in Covid
In this article CMCSA Comcast reported second-quarter earnings Thursday morning that beat analyst expectations on the top and bottom lines. The company also reported a record of new broadband subscribers for the quarter. Shares were up more than 2% in premarket trading. Here’s what Comcast reported compared to Wall Street’s expectations: Adjusted earnings per share:
Shares of Robinhood hovered near its opening price of $38 per share on Thursday, after slipping as much as 10% during its Nasdaq debut. The online brokerage started trading on the Nasdaq at $38 per share, the low end of its range, valuing the company at roughly $32 billion. After dropping to $35, Robinhood’s market capitalization
When Jeff Bezos thanked Amazon customers for essentially paying for his first trip to space, he apparently wasn’t talking to Oliver Daemen, the Dutch teen who joined the billionaire on Blue Origin’s inaugural passenger spaceflight. That’s because the 18-year-old Daemen says he’s never actually ordered anything on Amazon before. Daemen, who became the youngest person
A worker hoists a flight chain at the Calder Brothers’ facility in Taylors, South Carolina, U.S., July 19, 2021. Brandon Granger | Calder Brothers Corporation | Reuters The U.S. economy is now larger than it was before the pandemic, but its growth rate may have peaked this year at a much slower pace than expected.
Today’s column addresses questions about the potential to still take spousal benefits while delaying retirement benefits, how public pensions can affect spousal benefits and possible options when eligible for retirement and divorced spousal benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which
A year after many public pools across the country shuttered due to the pandemic, some of them are being forced to close again thanks to the ongoing shortage of chlorine. Those that aren’t closing are warily keeping an eye on the rising cost of chlorine, which has nearly doubled in some places. “For the past
Image source: Eric Audras | ONOKY | Getty Images There appears to be a lack of understanding among investors about some of the fees they pay. Nearly half (47%) of investors mistakenly think the cost of investments like mutual funds and exchange traded funds generally are included in the fee they pay to their advisor
Lake Tahoe, and the town of Truckee to the north, has long been known as a weekend and vacation spot, where residents of the San Francisco Bay Area could escape via Highway 80 to ski in winter and hike in summer. Like many communities, the increasing acceptance of remote work has seen Lake Tahoe shift
Danny Meyer, founder and chief executive officer of the Union Square Hospitality Group LLC, listens during a Bloomberg Television interview in New York, U.S., on Tuesday, Aug. 15, 2017. Victor J. Blue | Bloomberg | Getty Images Danny Meyer’s Union Square Hospitality Group will require indoor diners and drinkers at its restaurants to show they’ve
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