In most parts of the country, houses are selling 50% faster than last year. For parts of the … [+] Midwest, it’s even more competitive. Getty It’s no secret that for-sale homes are in short supply. According to the Census Bureau, the market has just a 3.3 month supply of inventory — the lowest level
Month: October 2020
A passenger aircraft of American Airlines. Silas Stein | picture alliance via Getty Images American Airlines on Thursday posted another big quarterly loss as the coronavirus pandemic hurt summer travel demand, but the carrier trimmed its cash burn. Revenue dropped 73% in the three months ended Sept. 30 to $3.17 billion from $11.9 billion a
A person wearing a mask pushes a dolly cart past a Coca-Cola truck as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 16, 2020 in New York City. Alexi Rosenfeld | Getty Images Coca-Cola is expected to report its third-quarter results on Thursday before the
Is a vaccine the real risk to the market? Stocks are within 1% to 2% of their historic highs because of the belief that: 1) stimulus of some form is coming, 2) the election will not devolve into chaos, and 3) an effective vaccine will be available in early 2021. Five vaccines — from Moderna,
Pascal Broze | Onoky | Getty Images Sometimes, an inheritance lands in your lap when you aren’t expecting it. Whether due to the untimely death of a loved one, or because you were a named heir and didn’t know it, the unplanned event may prompt uncertainty about how to handle the assets. Depending on what
Before the fact, the various crediting methods available should be approximately equal in terms of long-term performance. Performance after the fact will be different as the actual index return will be translated into different interest credited as based on the crediting method. But before market performance is realized, the different methods are all using the
In the coming weeks, Paypal is preparing to launch a digital wallet and a Cryptocurrency Hub allowing its customers to buy, hold and sell cryptocurrencies like bitcoin, ethereum, bitcoin cash, and litecoin. Beginning in early 2021, PayPal PYPL users can also use the service to buy goods and services from 26 million merchants connected with
Kellie Rastegar is Co-Founder and Creative Director at Rastegar Property Group. getty A surge of Americans taking road trips this summer and fall is affecting the hospitality industry’s real estate. The trend is growing as people look for ways to enjoy time off during the pandemic in remote locations, where it is easier to distance from
California theme parks are exploring legal action in order to pressure the state into allowing amusement parks to reopen. “All options are open at this point,” Erin Guerrero, executive director of the California Attractions and Parks Association, said during a news conference Wednesday. Parks in the state were dealt devastating news Tuesday that they would
A customer carries a Chipotle Mexican Grill Inc. bag outside a restaurant in San Francisco, California, U.S., on Monday, July 20, 2020. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill on Wednesday reported quarterly same-store sales growth of more than 8%, but a shift to delivery is boosting costs and resulting in
GUANGZHOU, China — Ant Group has cleared the final regulatory hurdle for its massive initial public offering (IPO) with the pricing of its shares slated to be released within the next week. On Wednesday, the China Securities Regulatory Commission gave the green light for Ant Group’s dual Shanghai and Hong Kong listing to go ahead.
Rep. Alexandria Ocasio-Cortez has had more than her fair share of viral moments, and the social media-savvy politician just added yet another to that list of online hits with one of the biggest debut Twitch streams ever. On Tuesday night, the 31-year-old congresswoman joined the Amazon-owned live-streaming platform, where she played a few rounds of
Daniel Balakov | E+ | Getty Images With billions of dollars flowing into sustainable investing strategies, it’s safe to say it’s no longer a fad. Investors are pouring cash into funds that use environmental, social and governance criteria to screen the companies they invest in. Even passive investors are jumping in: There were 534 sustainable
Jamie Grill | Getty Images If you’ve nearly drained your savings due to the coronavirus pandemic but have a retirement account, it’s now easier than ever to draw it down. While taking money out of such an account before retiring is generally something financial advisors say to avoid, it may make sense for those who
CHICAGO, ILLINOIS – APRIL 16: Chicago mayor Lori Lightfoot arrives at Wrigley Field on April 16, … [+] 2020 in Chicago Illinois. Wrigley Field has been converted to a temporary satellite food packing and distribution center in cooperation with the Lakeville Food Pantry to support ongoing relief efforts underway in the city as a result
Suburban Women Against Trump, or The S.W.A.T Team’s Shira Tarantino is seen campaigning against the … [+] president’s courting of female voters in the suburbs on October 15, 2020 in Stamford, Connecticut. – Donald Trump says suburba (Photo by TIMOTHY A. CLARY / AFP) (Photo by TIMOTHY A. CLARY/AFP via Getty Images) AFP via Getty
Toni Morrison, American writer, novelist, editor, Italy, September 2012. (Photo by Leonardo … [+] Cendamo/Getty Images) Getty Images The last home of Nobel prizewinning author Toni Morrison has come on the market for $4.75 million. Located in Tribeca’s landmark Textile Building, the condo is a corner unit with a modern feel despite the building dating
A view of the Regal Loews Cinemas movie theater in Times Square in New York City. Noam Galai | Getty Images Two weeks after Cineworld closed more than 500 Regal Cinemas in the U.S., the second-largest movie theater chain is reopening 11 locations in New York state. The move comes days after Gov. Andrew Cuomo
Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China, January 7, 2019. Aly Song | Reuters Elon Musk’s electric car and renewable energy company, Tesla, reports third-quarter results after the bell on Wednesday. Here’s what Wall Street analysts are expecting, per an average of analyst estimates compiled by Refinitiv: Earnings
Pedestrians pass in front of Pinterest signage displayed outside of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Netflix — The entertainment stock sank 6.5% after missing Wall Street expectations for third-quarter earnings and subscriber additions. Netflix added 2.2 million subscribers globally
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