Remember when finding a home close to your office, in a trendy neighborhood, or zoned to a specific school district was a top priority? These days, things are different. In this post-pandemic world, the classic real estate motto of “location, location, location” is no longer what’s driving buyers. Now, it’s all about “deal, deal, deal”
Month: October 2020
An Amazon Prime package. Andrew Harrer | Bloomberg | Contributor A late Amazon Prime Day means an early start to the holiday shopping season this week. The annual shopping event has become a holiday in its own right, with July 15 — one of last year’s Prime Days — trailing behind only Cyber Monday and
Check out the companies making headlines midday Monday: Dillard’s — Shares of the retailer surged more than 32% after one of Warren Buffett’s top lieutenants revealed a stake in the company. Ted Weschler’s stake is over 1 million shares, or about 5.89% of the outstanding stock, according to a securities filing. Twitter — Twitter shares
Billionaire tech icon and philanthropist Bill Gates says it is “inappropriate” to refer to the experimental coronavirus monoclonal-antibody treatment that President Donald Trump received earlier this month as a “cure.” “The word ‘cure’ is inappropriate, because it won’t work for everyone,” Gates said in an interview on NBC’s “Meet the Press” on Sunday. However, Gates
Dillard’s department store. Source: Zereshk | Wikipedia Shares of Dillard’s jumped 45% on Monday after one of Warren Buffett’s investing lieutenants disclosed a personal stake in the embattled retailer. According to filings with the Securities and Exchange Commission, Ted Weschler, who is an investment manager at Berkshire Hathaway, bought roughly 1.08 million shares of Dillard’s,
FatCamera | E+ | Getty Images You may have recently received a new disclosure form, as mandated by federal securities regulators, from your financial advisor. Or, maybe not. And from where some experts stand, that may not be a bad thing. While a broad swath of the nation’s broker-dealers and registered investment advisors — known
Suze Orman leaving the hospital in July 2020, after surgery to remove a tumor from her spine. Source: Kathy Travis Suze Orman didn’t take her own advice, at least when it came to her health. The New York Times best-selling author and personal finance expert had emergency surgery in July for a tumor on her
MOUNT KISCO, NY – SEPTEMBER 30 2020: President Trump’s Seven Springs estate in Mount Kisco, New … [+] York, seen here Sept. 30, 2020. (Johnny Milano for The Washington Post via Getty Images) The Washington Post via Getty Images It was only a matter of time before the scandal over conservation easements finally landed on
Reports show a shortage of millions of affordable homes currently in the US. Adobe The perfect storm of affordable housing crisis is brewing right now; a threat made up of the already low supply that is hitting the increasing post-pandemic demand head on. Before the pandemic, supply was an issue. The National Low Income
Even as consumer spending slowed amid the coronavirus crisis, e-commerce sales have soared — and are about to go even higher, thanks to Amazon. Prime Day, which was originally slated for July but postponed due to the pandemic, starts at midnight PT (3 a.m. ET) on Tuesday, Oct. 13 and runs through Wednesday, Oct. 14. Over the course of
Check out the companies making headlines before the bell: Twilio (TWLO) – The cloud communications platform provider announced a deal to buy customer data platform provider Segment for $3.2 billion in Twilio shares. The deal is expected to close during the fourth quarter. Twilio shares rose 7% in premarket trading. Apple (AAPL) – A judge
JPMorgan Chase CEO Jamie Dimon speaks at the North America’s Building Trades Unions (NABTU) 2019 legislative conference in Washington, April 9, 2019. Jeenah Moon | Reuters JPMorgan Chase is making a $30 billion commitment it says will help address U.S. wealth inequality, especially in traditionally underserved Black and Latino communities. The bank’s pledge is a
Westend61 | Westend61 | Getty Images A key deadline is around the corner for millions of procrastinating taxpayers. About 12 million people took an extension to file their 2019 tax returns, according to data from the IRS. That’s down from the 15 million extension requests the agency received last year. The drop-dead date to get
getty Should the forgotten parts of the market be ignored, or does opportunity knock? Is it a stock market, or a market of stocks? So goes the old Wall Street expression. In our sound-bite lives, even an observant investor could be excused for not realizing how uneven the returns have been among the 11 sectors
Airline industry workers hold signs during a protest in Federal Plaza in Chicago, Illinois, on … [+] September 9, 2020, urging the US Congress to pass a Covid-19 relief package. (Photo by KAMIL KRZACZYNSKI / AFP) (Photo by KAMIL KRZACZYNSKI/AFP via Getty Images) AFP via Getty Images As we stagger into the seventh month of
Rodolfo Delgado is the Co-Founder & CEO of Replay Listings, the first platform to find apartments for rent in NYC focused on unedited videos getty Where are America’s millennials moving? Ask their parents. For the first time, over 50% of young adults now live with their parents. It’s unsurprising since millions of Americans recently lost their
A pedestrian outside the New York Stock Exchange in New York, July 29, 2020. Wang Ying | Xinhua News Agency | Getty Images U.S. stock futures fell slightly on Sunday evening as investors prepared for a busy week of corporate earnings and monitored stimulus negotiations in Washington. Futures for the Dow Jones Industrial Average fell
IHT Wealth Management’s Yussef Gheriani believes now is a good time to consider adding travel plays to portfolios. Between cabin fever related to the pandemic and optimism surrounding effective coronavirus treatments, Gheriani speculates bookings will start meaningfully rising within the next couple of months. “People are going to be sitting down at home saying ‘Okay,
An employee pulls carts towards a Walmart store in Lakewood, California, July 16, 2020. Patrick T. Fallon | Bloomberg | Getty Images Boosted by fresh stimulus hopes, the markets have rallied this week. But the overall picture remains one of volatility and uncertainty. As yet no stimulus deal has actually been agreed, and with so
Democratic presidential nominee and former vice president Joe Biden speaks at a campaign stop in Miami on Oct. 5, 2020. Roberto Schmidt | AFP | Getty Images Taxes could rise for the wealthiest households in a Joe Biden presidency. However, you might want to think twice before making any dramatic moves. Indeed, Biden’s tax plan
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