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Business

“Papa John’s agrees to open 49 new sites as sales surge…”

“The company announced Thursday a deal in which franchisee HB Restaurant Group will open 49 new locations in Philadelphia and southern New Jersey by 2028. It’s one of Papa John’s biggest such deals in two decades. HB Restaurant Group currently… Continue Reading…

Real Estate

“Manhattan rental market plunges, leaving 15,000 empty apartments in August”

“There were more than 15,000 empty rental apartments in Manhattan in August, up from 5,600 a year ago, according to a report from Douglas Elliman and Miller Samuel. The inventory of empty units is the largest ever recorded since data… Continue Reading…

Business, Stocks

“Ambani’s Reliance to Offer $20 Billion Stake in Retail Arm to Amazon”

“Indian billionaire Mukesh Ambani’s Reliance Industries Ltd. is offering to sell a roughly $20 billion stake in its retail business to Amazon.com Inc., according to a person with knowledge of the matter. Amazon has held discussions about investing in the… Continue Reading…

Real Estate

“Mortgage demand from homebuyers surges 40% from a year ago amid sales spree”

“Mortgage applications to purchase a home rose 3% last week from the previous week and were a stunning 40% higher from a year ago, according to the Mortgage Bankers Association’s seasonally adjusted index. The year-on-year comparison is usually in single… Continue Reading…

Stocks

“Goldman Sachs: These 3 Stocks Are Poised to Surge by at Least 40%”

“Rackspace Technology (RXT)… Goldman Sachs analyst Heather Bellini, rated 5 stars at TipRanks, rates RXT shares a Buy with a price target of $38, implying an impressive 99% upside potential for the stock this year… Plains All American Pipeline (PAA)… Overall, Plains… Continue Reading…

Stocks

“3 Big Dividend Stocks Yielding Over 7%; RBC Says ‘Buy’”

“Brookfield Property Partners (BPY)… …The regular quarterly dividend of 33 cents per share is next scheduled for payment at the end of September, but has already been declared. At this rate, the dividend annualizes to $1.32 with a stellar yield of… Continue Reading…

Stocks

“Nikola shares pop as much as 53% after General Motors takes 11% stake in electric truck maker”

“Shares of Nikola surged Tuesday after General Motors announced it’s taking an 11% stake in the electric truck maker and will produce its marquee hydrogen fuel cell electric pickup truck the Badger by the end of 2022. Shortly before the opening bell, Nikola shares… Continue Reading…

Stocks

“Brent Crude Tumbles Below $40 in Wake of Souring Demand Outlook”

“Crude in London tumbled below $40 a barrel for the first time since late June in the wake of faltering demand and weaker equities dampening market sentiment. Brent futures tumbled as much as 5.3% to $39.77 a barrel on Tuesday.… Continue Reading…

Banking

“Money Markets Have a $750 Billion Problem in Zero-Rate World”

“A $750 billion industry still struggling to bounce back from the last crisis is cracking under the Federal Reserve’s lower-for-longer mantra on U.S. interest rates. Prime money-market funds — a long-time favorite for anyone seeking a cash-like investment with a… Continue Reading…

Predictions, Opinions, & Comments

Business Tip: Know When To Capitalize, Know When To Push

One of the keys to success is to know when you’re on a roll or not. What I’m about to say go for both business owners and salesmen. Once you get momentum do not slow down. Do more work. Put… Continue Reading…