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Real Estate

“Existing-home sales soar at a record pace in July…”

“The numbers: Sales of previously-owned homes in the U.S. rose 24.7% between June and July to a seasonally-adjusted annual rate of 5.86 million, the National Association of Realtors reported Friday. It was the second consecutive month in which the monthly increase was… Continue Reading…

Real Estate

“Small landlords dip into savings as their tenants struggle to pay rent”

“More renters are unable to make their monthly payments, and that is having an outsized impact on the nation’s “mom and pop” landlords. Nearly a third of renters who live in single-family or small multifamily properties owned by individual landlords… Continue Reading…

Business, Stocks

“Tesla, world’s most valuable auto maker, is now worth more than Walmart”

“Tesla Inc.’s market value has surpassed retail behemoth Walmart Inc. after an astounding surge in the electric vehicle maker’s shares over the past five months. The stock, which touched a low of about $350 in March, has almost quintupled since… Continue Reading…

Real Estate

“July home sales spike a record 24.7% as prices set a new high”

“Sales of existing homes soared 24.7% in July from June, according to the National Association of Realtors. That’s the strongest monthly gain in the history of the survey, going back to 1968, and the highest sales pace since December 2006.… Continue Reading…

Stocks

“…3 Top-Ranked Dividend Stocks – August 19, 2020”

“PSEG (PEG) is currently shelling out a dividend of $0.49 per share, with a dividend yield of 3.59%. This compares to the Utility – Electric Power industry’s yield of 3.44% and the S&P 500’s yield of 1.63%. In terms of dividend… Continue Reading…

Economy

“Germany to trial giving away £1,000 a month in universal basic income”

“German researchers are to give a group of people just over £1,000 ($1,307) a month each, in a trial looking at the potential benefits of introducing a wider universal basic income (UBI). The experiment will asses how giving 120 people €1,200 (£1,085)… Continue Reading…

Business

“Walmart sales soared as shoppers spent their stimulus checks”

“Walmart sales got a big boost last quarter as shoppers spent their government stimulus checks on home goods, electronics and lawn care products, the company said Tuesday. Walmart’s sales at US stores open for at least one year increased 9.3%… Continue Reading…

Economy, Real Estate

“Housing market is still going strong and propping up the economy”

“The housing market continues to be a bright spot inthe United States economy that has been ravaged… The government said Tuesday that building permits and housing starts both surged in July and easily topped economists’ forecasts. Home Depot (HD) reported sales and earnings for… Continue Reading…

Stocks

“CureVac Stock Soared 249% on Its First Day of Trading…”

“Shares of CureVac, the German biotech specializing in the messenger RNA technology that is the basis of many of the leading Covid-19 vaccine programs, is set to soar on its second day of trading. CureVac shares (ticker: CVAC) were up 42% in… Continue Reading…

Stocks

“3 Big Dividend Stocks Yielding Over 8%; Analysts Say Buy”

“Euronav NV (EURN) …The offshore storage business has powered strong earnings in 1H20. Euronav saw quarterly revenue and earnings rise in both Q1 and Q2, bucking the ‘normal’ trend in the corona crisis. Q2 earnings came in at $1.14 per share,… Continue Reading…