Dow Jones stocks Home Depot (HD) and Walmart (WMT) headline a busy week of retail earnings reports as Wall Street weighs the impact of higher interest rates on the economy. X Big box retailer Walmart ...
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Wealthy Chinese Lead Home Purchases In Singapore, Sending Prices Soaring
This story appears in the November 2022 issue of Forbes Asia. Subscribe to Forbes Asia Lauryn Ishak/Bloomberg This story is part of Forbes’ coverage of China’s Richest 2022. See the full list here. Si...
One Winner In California Claims Record $2.04 Billion Prize—Here’s How Much They’ll Take Home After Taxes
Topline A single winning ticket sold in California claimed the record $2.04 billion Powerball jackpot on Tuesday, giving the lucky winner a choice of receiving 30 annual payments over 29 years or a sm...
Tyson Foods CFO—And Heir To Family Fortune—Arrested For Allegedly Drunkenly Falling Asleep In Stranger’s Home
Topline John R. Tyson, the CFO of Tyson Foods and an heir to the Tyson family’s multi-billion-dollar fortune, was arrested over the weekend for a drunken incident less than six weeks after his appoint...
Housing Market Braces For Rising Layoffs ‘Soon’ As Mortgage Lenders, Home Sellers Cut Thousands Of Jobs
Topline Though the labor market’s overall resilience continues to puzzle experts, the plight of rising interest rates, which are spurring a historic plunge in home sales, could soon lead to a ra...
Flightline Drive Home An 8-Length Win, Olympiad Places, Taiba Shows
Flavien Prat rides Flightline to victory during the Breeders’ Cup Classic raceat the Keenelend Race … [+] Course, Saturday, Nov. 5, 2022, in Lexington, Ky. (AP Photo/Darron Cummings) Copyr...
Mortgage rates just dipped, and home prices may be ‘reaching the peak’ — but buyers hoping for a free-fall ‘will be disappointed’
Mortgage rates just dipped, and home prices may be ‘reaching the peak’ — but buyers hoping for a free-fall ‘will be disappointed’ After climbing above 7% for the first time in 20 years, U.S. mortgage ...
Higher Rates Hammer Home Buyers—and Make Mortgage REITs Lucrative for Investors
It’s instructive and often amusing to see how the popular media cover economic and financial news. You can get a handle on the public’s sentiment from how they treat those topics, which usually varies...
Foley’s Founder Shaun Clancy Seeks Home For Irish Baseball Hall Of Fame
Shaun Clancy, founder and president of the Irish Baseball Hall of Fame, presided over the annual … [+] inductions until Covid-19 forced its home, Foley’s Bar and Pub, to close down in 2020...
Powerball Jackpot Hits $1 Billion—Here’s How Much A Winner Would Actually Take Home After Taxes
Topline The Powerball jackpot hit 10 figures Sunday night to reach an estimated $1 billion, the second-largest payout in the lottery’s 30-year history, but the lucky winner will take home considerably...
Will Home Prices Crash? Don’t Count on It. Here’s Why.
The housing market is cooling, but the downturn may be overhyped. That is both a blessing and a curse. Data released this past week showed that U.S. home prices fell in August at the steepest month-ov...
The Sunday’s Finest Gold Fashioned Costs $150 And Offers A Cocktail Experience At Home.
The Gold Fashioned from Sunday’s Finest claims to offer the perfect Old Fashioned to drinkers and … [+] costs $150 a bottle. Sunday’s Finest No segment of the alcohol market seems im...
Why Overstock’s Pivot To Home Will Pay Off In The Long Run
Young brunette woman relaxing on the couch after a long day. Cozy home concept getty After casting aside its online liquidator image, Overstock.com has just finished repositioning itself as an exclusi...
Quick To Enter the Market, Institutional Investors Now Shedding Single-Family Home Rentals
As housing prices tumble across the country, institutional investors that had snapped up properties during a pandemic-induced increase in rental rates are now unloading their properties. Nationally, p...
Paul Pelosi Underwent Surgery After Alleged Hammer Attack At Speaker Nancy Pelosi’s Home
Topline House Speaker Nancy Pelosi’s husband Paul Pelosi underwent skull and arm surgery after he was allegedly violently attacked with a hammer at the couple’s San Francisco home early Friday–indicat...
Pending home sales fell 10% in September from August
A Coldwell Banker “Under Contract” sign stands outside a property in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images Pending home sales, a measure of signed contracts on existing...
Instantly Elevate The Design Of Your Space With These Eight Home Décor Brands
I am currently in the process of getting divorced. After living in a furnished unit for two years with my life in storage, I finally moved into my new apartment, which is my first solo living experien...
Nancy Pelosi’s Husband Recovering Following Home Assault
Paul Pelosi, House Speaker Nancy Pelosi’s husband, is making a full recovery after an intruder broke into the couple’s home Friday morning and assaulted the 82 year old. The assailant is ...
US home prices could plunge 20% next year as mortgage rates surge
Home prices are already falling at the fastest rate in decades as mortgage rates march higher, and could tumble another 20% next year, according to a noted Wall Street economist. Ian Shepherdson, the ...
George Gammon: A very high probability that real US Home Prices fall by 50% over the next few years
George Gammon, an American real estate investor and popular YouTuber, believes that the housing crash in the US is well underway and about to get much, much worse. Before we visit George’s arguments, ...
The Jack & Coke cocktail could be a home run, analyst says
Coca-Cola’s (KO) better-than-expected earnings report on Tuesday could be a sign of what lies ahead for the beverage giant as it rolls out a potential home-run product with Jack Daniel’s w...
Home prices cooled at a record pace in August, S&P Case-Shiller says
House for Sale by Owner, Forest Hills, Queens, New York. Lindsey Nicholson | UCG | Universal Images Group | Getty Images Home prices are still higher than they were a year ago, but gains are shrinking...
‘Forceful’ Slowdown In Home Prices As Warning Signs Become ‘Eerily Similar’ To 2000s Crisis
Topline Home prices continued to decelerate at the fastest pace on record in August—intensifying a decline since this spring that has some experts worried the abrupt turnaround in the housing market c...
‘From Bambi to Godzilla.’ Strategist David Rosenberg skewers the Federal Reserve as he sees a 30% hit to home prices and the S&P 500 returning to an early 2020 low
The last time David Rosenberg shared his outlook for the U.S. stock market and the economy with MarketWatch, in late May, it was depressing enough. Rosenberg is the widely followed president and chief...
Mortgage bankers expect rates to drop to 5.4% in 2023. What will home prices do?
NASHVILLE, Tenn. — High mortgage rates and recession fears are hurting home prices, so expect growth to be flat this year, one expert says. “Our forecast is for home-price growth moderation to continu...
When A Celebrated Native Son Hires In Mexico And Cuts Staff At Home
Landing founder Bill Smith at the company’s Birmingham, Alabama headquarters. The October layoffs cut some 30% of its workforce in the Southern city. JAMEL TOPPIN FOR FORBES There was such fanfa...
‘Am I being ripped off?’ I moved into my husband’s home. I pay for groceries. The rental income from my apartment goes into our joint savings.
I read one of your previous columns regarding the boyfriend who wants the letter writer to move in. My case is similar, but we have already made a decision on how to structure our finances as they rel...