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Real Estate

“The Number Of New Homes For Sale Is At Its Highest Since August 2008”

April 5, 2022

“EDITOR’S NOTE: “Existing” homes for sale may be in short supply but, in contrast, “new” homes for sale are booming. Builders are ramping up production on new homes despite continuing labor shortages and supply issues. In fact, new homes are… Continue Reading…

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Business, Stocks

“Dunkin’ stock soars after chain confirms sale talks with Inspire Brands”

October 26, 2020

“Shares of Dunkin’ surged 15% Monday after the company confirmed sale talks with Inspire Brands, the privately held owner of Arby’s and Jimmy John’s. The New York Times, which broke the news of the discussions, reported that the deal is valued at… Continue Reading…

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Economy

“Retail sales post big gain in September as consumers show unexpected strength”

October 16, 2020

“Consumers spent at a much faster pace than expected in September, with retail sales rising 1.9% in a sign that the U.S. economy’s biggest driver remains healthy. Economists surveyed by Dow Jones expected sales to increase 0.7%, up from a… Continue Reading…

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Real Estate

“Manhattan apartment sales tumble 46%, leaving 10,000 unsold units”

October 2, 2020

“Apartment sales in Manhattan plunged by 46% in the third quarter, as homebuyers continued to flow to the suburbs and Florida, according to new real estate reports. There are now about 10,000 apartments for sale in Manhattan, which would be… Continue Reading…

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Business

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

September 10, 2020

“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…

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Real Estate

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

September 9, 2020

“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…

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Real Estate

“July pending home sales jump over 15% annually, as properties go under contract in record time”

August 31, 2020

“Pending home sales, which measure signed contracts to purchase existing homes, increased 5.9% in July compared with June, according to the National Association of Realtors. Sales were 15.5% higher annually “We are witnessing a true V-shaped sales recovery as homebuyers… Continue Reading…

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Stocks

“Penny Stock Boom Sparks 4,300% Gain in Indian Firm With No Sales”

August 28, 2020

“Retail investors’ frenzy over small stocks in India has reached such extremes that shares of some companies that aren’t booking any sales, let alone profits, are going through the roof. These include Transglobe Foods Ltd., a fruit-jam maker that has… Continue Reading…

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Business

“TikTok likely to announce sale of U.S. operations in the coming days in $20 billion to $30 billion range”

August 28, 2020

“TikTok is nearing a deal to sell its U.S. operations and could announce a deal in the coming days, according to people familiar with the matter. Kevin Mayer, TikTok’s CEO, announced his resignation Thursday after news of the announcement leaked… Continue Reading…

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Real Estate

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

August 24, 2020

“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…

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