A ‘for sale’ sign hangs in front of a home on June 21, 2022 in Miami, Florida. According to the National Association of Realtors, sales of existing homes dropped 3.4% to a seasonally adjusted annualized rate of 5.41 million units. Sales were 8.6% lower than in May 2021. As existing-home sales declined, the median price
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On July 1st, Czechia assumed the rotating Council of the EU Presidency from France. The country will chair Council meetings and represent the Council in relations with other European Union institutions until the end of 2022. There are many tax-related files that remain in the legislative pipeline from the French Presidency that Czechia will need to
Some good news for inflation-weary Americans: There will be no price hike on Costco‘s hot dogs. In an interview Monday on CNBC’s “Squawk on the Street,” CEO Craig Jelinek had a one-word answer when asked whether he would raise the signature food court item’s price: “No.” Costco has continued to put up strong sales, even
In this article WYNN TWTR LULU Traders work on the floor of the New York Stock Exchange. NYSE Check out the companies making headlines in midday trading. Twitter — Shares of the social media company dropped more than 8% after Elon Musk walked away from his $44 billion deal to buy Twitter. Musk alleged that Twitter
When Paul Sullivan was hired to write his “Wealth Matters” column in The New York Times 13 years ago, Americans’ relationships with wealth and wealthy people were undergoing a rapid shift. “When I interviewed for the job in 2008, it was the day Bear Stearns collapsed. I was told I could create the ‘Wealth Matters’
In this article AMZN seksan Mongkhonkhamsao | Moment | Getty Images Whether you typically receive a tax refund or a bill, there’s still plenty of time to improve next year’s filing, experts say. Tax reviews are like twice-annual dentist visits, said certified financial planer Jim Guarino, managing director at Baker Newman Noyes in Woburn, Massachusetts.
Novak Djokovic of Serbia kisses the winners trophy after victory over Nick Kyrgios of Australia in their Men’s Singles Final match on day fourteen of The Championships Wimbledon 2022 in London. Visionhaus | Getty Images Sport | Getty Images Wimbledon champion Novak Djokovic is hoping for a change to American Covid-19 entry rules in time
In this article F Ford’s first real attempt at an electric vehicle has been quite a hit with critics. The Mustang Mach-E replaced the Tesla Model 3 as Consumer Reports’ Top Pick in February 2022. It was named the Top Car in the Automobile Association of America (AAA) Car Guide in May. Car and Driver
Traders on the floor of the NYSE, June 24, 2022. Source: NYSE U.S. equities futures dipped slightly Sunday evening as Wall Street looked ahead to big company earnings reports and key inflation data, on the heels of a strong employment report. Futures tied to the Dow Jones Industrial Average slipped by 27 points, or 0.1%.
In this article NTRS SNX MU GOOGL Sanjay Mehrotra, CEO, Micron Technology Scott Mlyn | CNBC Volatility in the stock market appears to be far from over. Market churn is still very high amid hot inflation and a worrisome economic outlook. Although the near-term perspective may be blurry, investors may scoop up healthy returns in
Natalie Portman and Chris Hemsworth star in Marvel’s “Thor: Love and Thunder.” Disney With “Thor: Love and Thunder” zapping up an estimated $143 million during its domestic weekend, box office analysts feel confident that movie theaters are no longer on the road to recovery and have reached a pace of normalcy seen in pre-pandemic times.
It’s a type of ETF seeing near-record inflows. New data shows dividend exchange-traded funds totaled almost $50 billion in fresh money in the first half of 2022, according to Todd Rosenbluth of VettaF, a financial services company. “We recently did a survey of advisors at VettaFi, and dividend strategies were most popular in terms of
Getty Images The demand for Series I bonds, an inflation-protected and nearly risk-free asset, has skyrocketed as investors seek refuge from soaring prices and stock market volatility. While annual inflation rose by 8.6% in May — the highest rate in more than four decades, according to the U.S. Department of Labor — I bonds are
In this article GM F It’s not just hard to buy a new car these days — it’s getting tough to even get one fixed. There just aren’t enough workers to do the job. Dealers and auto repair shops are struggling to recruit and retain technicians and other service department workers. Auto dealerships, like many
In this article MRVL SLB GME SPCE BBBY HELE Shoppers wait for a GameStop store to open on at the Tysons Corner Center, in Tysons, Virginia, November 27, 2020. Hannah McKay | Reuters Check out the companies making headlines in midday trading. GameStop — Shares of the video game retailer jumped more than 8% after the
Spxchrome | E+ | Getty Images Your company is switching its 401(k) provider. What should you do? At a high level, what this means is your employer chose a new firm to administer and keep records for its company-sponsored retirement plan. These firms track details for employees like total savings, contributions, trades, investments, holdings and
As parents, we hear a lot about the things we should do with our kids. But it’s also important to flip that around and consider what we shouldn’t do. As I researched and wrote my book, “Raising an Entrepreneur,” I interviewed 70 parents who raised highly successful adults about how they helped their children achieve their dreams. Despite
In this article GBTC Digital currency asset manager Grayscale is in a legal fight with the U.S. Securities and Exchange Commission over its latest rejection of the company’s prospective spot bitcoin exchange-traded fund. Last Wednesday, the SEC denied Grayscale’s application to convert its bitcoin trust to a spot ETF. The company filed a lawsuit the
Romolotavani | Istock | Getty Images As talk about the possibility of a recession heats up, so may your anxiety. While a downturn is not a foregone conclusion, some experts have recently boosted the odds of a recession happening in the near-term. Citigroup, assessing global economic growth over the next 18 months, sees a 50%