Senate Majority Leader Mitch McConnell set up a vote to advance the nomination of Christopher Waller to the Federal Reserve Board, potentially clearing the way for his confirmation later this week but leaving Judy Shelton’s path to the Fed uncertain. McConnell took the action on Waller’s nomination shortly after the Senate came into session Monday
Month: November 2020
Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images Check out the companies making headlines after hours: Zoom Video — Shares of the
San Francisco is a city people are moving from to reduce expenses getty In a recently released report surveying 2,000 plus people, Lending Tree reported how COVID is reshaping people’s housing wants and needs. Nearly 50% of Americans surveyed are considering moving to reduce living expenses, according to Lending Tree TREE . “We found
Federal Reserve Chair Jerome Powell is cautioning lawmakers that the U.S. economy remains in a damaged and uncertain state, despite progress made in the development of COVID-19 vaccines. “Recent news on the vaccine front is very positive for the medium term,” Powell said in testimony released Monday ahead of a Tuesday hearing before the Senate
The meanings of big cap and small cap are generally understood by their names, which indicate how valuable they are in terms of market capitalization. Big cap stocks—also referred to as large cap stocks—are shares of larger companies. Small cap stocks, on the other hand, are shares of smaller companies. Labels like these can often
The municipal bond market saw the lowest monthly issuance total in November, but that did not stop this year’s total volume passing 2019’s and all but confirms 2020 will end with a new record. Muni bond issuance took a nosedive in November to the tune of $18.84 billion in 735 deals, much lower than the
S&P Global’s plans to buy IHS Markit, a move that will further consolidate global financial technology, data and ratings providers to form a new company that will increase its focus on ESG and climate. “Combined, the two companies will provide comprehensive solutions across data, platforms, benchmarks and analytics in ESG, climate and energy transition,” according
Give the gift of decor this year Photo by WONDERLOVE from Pexels Many of us are looking to buy more meaningful gifts this holiday season. So why not give the gift of decor? Home accents and accessories make great gifts because the person receiving them will think of you every time they use them. Here
A Biden Administration is likely to be favorable to a wider use of private activity bonds just as its federal cap for surface transportation is practically at full capacity. Combined with bipartisan support of PABs and a robust laundry list of infrastructure goals in President-elect Joe Biden’s Build Back Better plan — an increase of
President-elect Joe Biden took a significant step this week toward addressing the damage to the U.S. economy inflicted by the coronavirus pandemic, naming an economic team led by his choice for Treasury secretary, former Federal Reserve Chair Janet Yellen. In Yellen, Biden will have a battle-tested policymaker who can draw on her nearly two decades
Moderna in Cambridge, MA is pictured on Feb. 28, 2020. David L. Ryan | The Boston Globe via Getty Images Check out the companies making headlines midday Monday: Moderna — Shares rallied more than 14% after the drugmaker said its coronavirus vaccine candidate was more than 94% effective in preventing Covid-19 during a trial. The
UNIONDALE, NEW YORK – MAY 27: An aerial view of a construction worker roofing an apartment home on … [+] May 27, 2020 in Uniondale, New York. The residential housing project by Garden City developers Engel Burman will provide approximately 150 construction jobs, help address a dire housing shortage, and support the County by retaining
The A Line train, which opened in 2016 as the first of three commuter rail links under the Eagle P3, connects Denver International Airport to downtown Denver’s Union Station.RTD A decade after its first issue of private activity bonds for a Denver-area commuter rail system, the Regional Transportation District is selling $340 million of refunding
With the real estate industry continuing to embrace technology, the usefulness of traditions that many used to consider vital to the industry is being questioned. From live videos to virtual and recorded tours, the Covid-19 pandemic is speeding up the adoption of digital solutions. With distance becoming less of a barrier, potential buyers now have
WASHINGTON — The Federal Reserve and the Treasury Department have agreed to extend the life of four emergency lending facilities, created in response to the coronavirus pandemic, to March 31. Treasury Secretary Steven Mnuchin sent a letter to Fed Chair Jerome Powell Monday approving the extension of the Fed’s Commercial Paper Funding Facility, Money Market
The patio style was innovative when architect Paul Revere Williams used it in the 1920s through the … [+] 1970s. getty HomeAdvisor, a platform that connects homeowners to home improvement contractors, has created a visual tribute to Paul Revere Williams, a trailblazing Black architect whose work carried the glamour of classic Southern California style to
People wait to visit a house for sale in Floral Park, Nassau County, New York. Wang Ying | Xinhua News Agency | Getty Images Strong, pandemic-induced demand for housing is still there, but buyers may now be hitting an affordability wall. Pending home sales fell 1.1% month-to-month in October but were 20.2% higher compared with
Check out the companies making headlines before the bell: Moderna — Shares Moderna rose more than 11% in premarket trading after the drugmaker said new data confirms the vaccine is more than 94% effective in preventing Covid-19. Moderna plans to request emergency clearance from the Food and Drug Administration on Monday. S&P Global, IHS Markit —
Open-air design, with direct marina- to-restaurant access, is among the COVID-era touches appealing … [+] to tenants at Regatta Harbour in Coconut Grove, Fla. Arquitectonica We find ourselves at an intriguing juncture in the novel coronavirus pandemic’s evolution. Just as promising vaccines burst into prominence, promising a brighter post-COVID era, we also stand at the
Ari Rastegar is CEO of Rastegar Property Company, a vertically integrated real estate company with a focus on value-oriented real estate. getty The pandemic has driven an immediate switch from a traditional office structure to the new, virtual model of working from home. With Covid-19 cases continuing to spike in regions across the U.S., this trend is likely to
Traders work on the floor of the New York Stock Exchange. NYSE For most of the eight months since the Covid crash culminated, the stock market’s recovery has fed off rampant doubt, disbelief and cognitive dissonance toward resurgent asset prices set against a severely damaged economy. No more. Wall Street’s rally has now entered the
Traders work the floor of the New York Stock Exchange. NYSE A big year-end rally? Don’t get too excited yet. December is traditionally an up month: Since 1945, the S&P 500 rose nearly 1.5% in all Decembers and advanced in price 73% of the time, according to Sam Stovall at CFRA Research. But hopes for the
Managing Partner, Evergreen Property Partners. Top 10 Family Office RE Professional, Top 30 Family Office RE Investor, Harvard Graduate getty Without a crystal ball, it is impossible to say precisely what the coronavirus pandemic will ultimately do to real estate, but we can make reasonable guesses based on what we know about the economy and markets
The EU will call on the US to seize a “once-in-a-generation” opportunity to forge a new global alliance, in a detailed pitch to bury the tensions of the Trump era and meet the “strategic challenge” posed by China. A draft EU plan for revitalising the transatlantic partnership, seen by the Financial Times, proposes new co-operation on
At $7 million, Atherton, California’s 94027 remains the most expensive Zip code for the fourth … [+] consecutive year. Getty Images A market defined by intense demand for relatively tight supply has pushed home value growth to record levels across the country. To get an idea of where home prices have been resilient in the
PayPal has been around since 1998 when it emerged as a safe and secure way to pay for purchases on eBay. If PayPal wasn’t as safe or safer to use than a credit card, cash, or a check, it would have been consigned to the rubbish heap of dead websites long ago. In fact, it
Former Xbox executive Elan Lee, right, co-created the Kickstarter phenomenon Exploding Kittens with … [+] The Oatmeal’s Matthew Inman and Shane Small. getty Video and tabletop game designer Elan Lee is looking to roll the dice in Los Angeles, where his home in the historic Los Feliz neighborhood is on the market for $4.995 million.
Source: Goodfon Instrument The VanEck Vectors Russia ETF (BATS:RSX) is a fund that offers exposure to equities from Russia, which include publicly-traded companies that are incorporated in Russia or that are incorporated outside of Russia but have at least 50% of their revenues/related assets in Russia. Source: VanEck Source: TradingView Note: The RTS Index is
As concerns about the Trump trade continue to rise, investors are pouring money into Emerging Market ETFs. Vanguard FTSE Emerging Markets ETF: https://www.zacks.com/funds/etf/VWO/profile?cid=CS-YOUTUBE-FT-VID IShares MSCI Emerging Markets Index Fund: https://www.zacks.com/funds/etf/EEM/profile?cid=CS-YOUTUBE-FT-VID IShares Core MSCI Emerging Markets ETF: https://www.zacks.com/funds/etf/IEMG/profile?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
Former basketball star Dwyane Wade and his wife, actress Gabrielle Union, are seeking $6.2 million … [+] for the 8,500-square-foot home in Sherman Oaks, Calif. Hilton & Hyland It takes big shoes to fill those of former NBA star Dwyane Wade and even bigger ones to fill his custom home in the San Fernando Valley.