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Business

“How to turn your side hustle into a full-time, well-paid job, according to 3 entrepreneurs who’ve done it”

“Be ready to put in the hours A longtime RV repairman, Randall Gibbons started answering people’s questions on JustAnswer, a site that lets people seek help on an assortment of topics, in 2009. In those first few years, he was making just $400… Continue Reading…

Business, Stocks

“Ant Group to raise $34.5 billion, valuing it at over $313 billion, in biggest IPO of all time”

“Ant Group would raise $34.5 billion in its dual initial public offering after setting the price for its shares on Monday, making it the biggest listing of all time. The Chinese financial technology giant previously said it would split its stock… Continue Reading…

Stocks

“Time to Bottom Fish? Top Analyst Offers 3 Stocks to Buy”

“Smartsheet, Inc. (SMAR)… Overall, SMAR’s Moderate Buy consensus rating is based on 9 Buys and 4 Holds set in recent days. The stock is selling for $45 and the average price target of $60.54 suggests room for 32.5% upside growth… New… Continue Reading…

Real Estate

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

“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…

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…

Economy

“First-time jobless claims fall below 1 million for the first time since March”

“Another 963,000 Americans filed for regularfirst-time unemployment benefits last week on a seasonally adjusted basis — the first time in five months that number has dipped below 1 million, the Department of Labor said Thursday. It was the lowest number of weekly… Continue Reading…

Real Estate

“Mortgage rates fall to a record low for the eighth time this year, making buying a home more affordable for many Americans”

“As mortgage rates continue to decline to new record lows, prospective home buyers are facing a frustrating situation: Cheap financing is everywhere, but there’s seldom a home to buy. The 30-year fixed-rate mortgage averaged 2.88% for the week ending August… Continue Reading…

Real Estate

“US mortgage rates have dropped to another all-time low. Can they go even lower?”

“Mortgage rates keep rewriting the record books. Mortgage giant Freddie Mac says rates on 30-year fixed-rate mortgages dropped last week to a new low in its survey that goes back nearly 50 years — and it’s the fourth time that’s… Continue Reading…

Banking

“U.S. Fed’s balance sheet shrinks for first time since February”

“The Federal Reserve’s assets shrank this week for the first time since February, reflecting a sharp drop in currency swaps with foreign central banks and a continued slackening in demand for other emergency credit facilities. The Fed’s balance sheet –… Continue Reading…

Banking

“Federal Debt Tops $26 Trillion for First Time; Jumps $2 Trillion in Just 63 Days”

“The debt of the federal government topped $26 trillion for the first time on Tuesday, when it climbed from $25,960,547,920,986.11 to $26,003,751,512,344.91, according to data released today by the Treasury Department. The federal debt had topped $24 trillion for the first… Continue Reading…