Month: July 2020

As New York City goes, so goes urban centers across the U.S., according to Ryan Schneider, chief executive of Realogy Holdings. The coronavirus pandemic has pushed city dwellers and potential homebuyers to flee dense areas like New York and parts of California for suburban locations as Americans spend more time at home than before. While
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“Shark Tank” investor Robert Herjavec said Thursday he believes the coronavirus pandemic has shifted attitudes about city living, altering the dynamics of the real estate market for years ahead.  “This is one of the greatest moves to the suburbs from urban areas since the 1950s or the ’60s,” Herjavec said on CNBC’s “Squawk Alley.” ”I recently moved
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There are additional risks involved in options, so options exchanges have put specific requirements in place before a company’s stock can be listed for options contracts. Individual companies have no say on whether or not options on their shares trade on an options exchange. The decision to list equity options for a particular equity is
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The north suburban Chicago-based NorthShore University HealthSystem will extend its reach further into the northwest suburbs with the acquisition of independently operated Northwest Community Healthcare. The two announced the agreement for Northwest Community to join the five-hospital NorthShore system Wednesday and said they expect to close the transaction later this year pending state and federal
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Retention rates for high-end apartments are slipping – and lower-income renters will likely bear the … [+] brunt. Getty Like almost any economic slump before it, the coronavirus-triggered recession has pared down the money pouches of low- to middle-income renters more than it has undermined the budgets of their well-to-do peers. While working-class tenants have
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With online sales proliferating during the coronavirus pandemic, the U.S. is going to need more warehouses to store hoards of boxes and handle those orders.  Holed up at home, and with many bricks-and-mortar stores temporarily shut, shoppers have turned to their computers and smartphones to buy everything from fresh groceries to new home furnishings to
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Jim Colby, senior municipal strategist and author of the Muni Nation blog at Van Eck, talks about what’s happened in the municipal bond market since March 20. He looks at the big picture after COVID-19 and drills down into municipal bond funds and ETFs. Chip Barnett hosts this remote podcast.
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Connecticut Green Bank, the nation’s first state-level green bank, plans to launch its Green Liberty Bonds next week. The Rocky Hill-based bank will offer $16 million of the state-supported solar home renewable energy credit to retail and institutional investors Tuesday and Wednesday, respectively. Proceeds of the bonds, available to individual investors in $1,000 denominations, will
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Atticus is the CEO of PadSplit, an affordable, shared housing model that creates financial independence for workers. Getty If you ask a person of color, they’ll likely tell you they’ve been unjustifiably pulled over while driving. We hear this example often when discussing racism in our society, and it’s for good reason. Not only are there countless
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Layoffs, furloughs and slashed hours — and this might just be the first round of the devastation the coronavirus can bring to your personal finances. Half of American households lost income due to the economic effects of Covid-19, according to a Bankrate survey of 3,753 adults fielded in June. Worries about another coronavirus outbreak hurting
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Check out the companies making headlines before the bell Thursday: Walgreens Boots Alliance (WBA) — The pharmacy operator fell more than 3% in the premarket on weaker-than-expected results for its fiscal third quarter. Walgreens reported earnings per share of 83 cents, well below a FactSet estimate of $1.19 per share. The company’s fiscal-year earnings guidance
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Ari Rastegar is CEO of Rastegar Property Company, a vertically integrated real estate company with a focus on value-oriented real estate. Getty Professionals have begun migrating en masse from America’s biggest cities to urban areas with hot job markets, more affordable costs of living and comparable lifestyles. Additionally, businesses are seeking a break from state income
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