Another family moving into new home. getty The future of real estate was thrown into uncertainty by the pandemic, both from its direct effects on how we live as well as speeding up pre-existing trends. To understand the future, we must focus on what real estate does for people. Buildings are not constructed other than
Month: September 2020
Topline As optimism on Wall Street grows about potential FDA approval for a coronavirus vaccine, here are six stocks that could make outsized gains and rebound on the news, according to experts from Stifel. Stifel says cruise stocks are set to bounce from a vaccine announcement. Getty Images Key Facts Stifel analysts recently highlighted a
Earlier this week, the Cypriot Minister of Finance, Constantinos Petrides, and the Deputy Minister of Finance of the Russian Federation, Alexey Sazanov, signed a protocol amending the agreement for the avoidance of double taxation concerning taxes on income and capital between Russia and Cyprus. The amending Protocol was signed on behalf of the Republic of
AstraZeneca’s building in Luton, Britain. Tim Ireland | Xinhua News Agency | Getty Images Phase three trials for AstraZeneca’s coronavirus vaccine have resumed in the U.K. after they were halted earlier this week over safety concerns, the company announced Saturday. AstraZeneca said it received confirmation from the United Kingdom’s Medicines Health Regulatory Authority that it was
Desiree Pierce cries as she visits her home destroyed by the Almeda Fire, Friday, Sept. 11, 2020, in Talent, Ore. “I just needed to see it, to get some closure,” said Pierce. John Locher | AP Historic wildfires are burning millions of acres and destroying homes in California, Oregon and Washington state, as officials brace for
A man enters a building with rental apartments available on August 19, 2020 in New York City. Exodus out of New York has leaded the city into a highest number of retails and apartments left to rent after the Coronavirus pandemic. Eduardo MunozAlvarez | VIEW press | Corbis News | Getty Images The number of
Stephen Maturen | Getty Images Recent stock market highs and lows have investors already bracing themselves for one more looming uncertainty: the presidential election. If you’re like most investors, you’re already anticipating that the outcome of this year’s race for the White House will have an impact on your money. The vast majority of
Thomas Barwick | DigitalVision | Getty Images A key tax deadline is just around the corner, and small-business owners who are in distress are still uncertain of what they’ll owe the IRS. For taxpayers who pay quarterly estimated taxes, Sept. 15 marks the due date for this year’s third-quarter payment. As if that weren’t stressful
The duplex apartment has three terraces. Elegran Actor Anthony Edwards, best known for roles in the movie Top Gun and TV series ER, is selling his prewar penthouse on Manhattan’s Upper East Side. Edwards, who played Goose to Tom Cruise’s Maverick in the 1986 Air Force movie and Dr. Mark Greene on the first eight
By Bob Blancato, Elder Advocate and Next Avenue Contributor Pundit Joel White of Horizon Government Affairs offers his views Panel of Pundits 2020: The Decision Year What’s in store for older Americans from the 2020 presidential election? For answers, the American Society on Aging (ASA) just hosted its Panel of Pundits — an annual event
A protest sign reading “Save the Middle Class”. getty For a guy who spends much of his professional life writing about taxes, Jim Tankersley doesn’t seem to put much store in the power of tax. Or at least he thinks he doesn’t. In his new book, The Riches of This Land: The Untold, True Story of
CNBC’s Jim Cramer is warning that investors be cautious about how they approach the market next week. With multiple companies set to go public in the coming days, there could be new reasons for volatile trading. “When we get a flood of initial public offerings, it’s usually a bad sign for the rest of the
Roberto Machado Noa Check out the companies making headlines midday Friday: Peloton — The exercise equipment maker’s stock jumped 2.5% after the company handily beat earnings expectations for the fourth quarter. The company earned 27 cents per share, compared with the 10 cents expected by analysts polled by Refinitiv. Sales surged 172% during the quarter
Louis Vuitton owner LVMH said Thursday it intends to file a lawsuit in Delaware against Tiffany, arguing the upscale diamond retailer has mismanaged the coronavirus crisisth. The news comes a day after LVMH announced it would be scrapping its $16.2 billion acquisition of Tiffany, a deal that would have been the biggest ever in the luxury industry. Tiffany
The Hyliion Hypertruck ERX Source: Hyliion Inc. Special purpose acquisition company Tortoise Acquisition Corp. and electric truck company Hylioon will vote on their merger on September 28, meaning there will likely soon be another EV player on the market, according to a recent filing with the Securities and Exchange Commission. The companies announced their intention to
House Speaker Nancy Pelosi, D-Calif., holds her weekly press briefing on Capitol Hill on Aug. 13, 2020. Jim Watson | AFP | Getty Images The U.S. House of Representatives won’t be rolling out the payroll tax deferral to its employees. Sept. 1 was the first day of President Donald Trump’s order deferring the 6.2% employees pay
Boise, Idaho ranked number one on WalletHubs best overall markets getty Here’s WalletHub’s 2020’s best real estate markets. WalletHub recently crunched the numbers on the best real estate markets comparing “300 cities of varying sizes across 24 key indicators of housing-market attractiveness and economic strength.” The current news of how well many markets are doing
getty Compared to generations in the past, millennials have had a tough time in their lives so far. This is a generation of investors who grew up during the Great Recession, are dealing with exorbitant student loan debt, inflated home prices and rent costs, and are now dealing with the economic fallout of COVID-19. Despite
getty The U.S. Bureau of Labor Statistics reported today that the consumer price index (CPI) has increased by 0.4% for August. Over the last 12 months, the index increased 1.3% before seasonal adjustment; this figure has been on the way up since the end of May 2020. In contrast, the chained CPI increased 1.0% over the last
The U.S. reported more than 35,200 new cases of the coronavirus on Thursday, its highest daily tally since Sep. 5, according to data compiled by Johns Hopkins University. The holiday weekend likely impacted the data over the past few days and is only now beginning to stabilize. The seven-day average of daily new cases has
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