Business > Market

Pandemic takes a Toll: Builder's profits drop 42%

17 minutes ago   |   The Real Deal New York

As coronavirus battered the residential market, Toll Brothers said its second-quarter profits dropped nearly 42 percent from a year ago, to $75.7 million. The luxury home...
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How the Fed's Rescue Program Is Worsening Inequality

How the Fed's Rescue Program Is Worsening Inequality

27 minutes ago   |   Politico

Americans have been justifiably disturbed by stories of deep-pocketed corporations accepting loans from the Paycheck Protection Program designed to save small businesses and...
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The US-China trade war has erased $1.7 trillion from US companies' market value, Fed report says

The US-China trade war has erased $1.7 trillion from US companies' market value, Fed report says

47 minutes ago   |   Business Insider

A new report by the New York Fed estimated the US-China trade war has erased $1.7 trillion in American firms' market value since it began in 2018. The global trade conflict cut...
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Wall Street firm that nailed the market bottom now expects the S&P 500 to jump 8% by the end of August

Wall Street firm that nailed the market bottom now expects the S&P 500 to jump 8% by the end of August

1 hour ago   |   Business Insider

A Wall Street firm that nailed the market bottom now expects the S&P 500 index to jump 8% to 3,250 by the end of August. In a note published on Wednesday, Stifel abandoned its...
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Billionaire Home Purchases On The Rise After Steep Discounts At Top Of The Market

1 hour ago   |   Forbes

A surge in billionaire purchases at major discounts reflects market changes.
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JPMORGAN: Economic reopening isn't enough to drive a consumer spending rebound, credit-card data show

JPMORGAN: Economic reopening isn't enough to drive a consumer spending rebound, credit-card data show

2 hours ago   |   Business Insider

Economic reopenings aren't the primary driver behind the broad rebound in consumer spending, JPMorgan said Wednesday, citing Chase credit- and debit-card data. While the onset...
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The best deals on Xbox One consoles, controllers, and games right now - including $25 off 'Borderlands 3'

The best deals on Xbox One consoles, controllers, and games right now - including $25 off 'Borderlands 3'

2 hours ago   |   Business Insider

The Xbox One X is still the most powerful video game console on the market, and Microsoft has confirmed that Xbox One games will be playable on its upcoming Xbox Series X as...
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MORGAN STANLEY: Buy these 23 high-growth stocks that look poised to deliver market-beating returns over the long term

MORGAN STANLEY: Buy these 23 high-growth stocks that look poised to deliver market-beating returns over the long term

2 hours ago   |   Business Insider

A team of Morgan Stanley equity analysts compiled a list of 23 high-growth, high-conviction stock picks they believe can outperform the market over the long term. The analysts...
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'What is 4K?': Here's what it means to watch content in Ultra High Definition resolution

'What is 4K?': Here's what it means to watch content in Ultra High Definition resolution

2 hours ago   |   Business Insider

4K is often referred to as Ultra High Definition or UHD; it is currently the most affordable of the clearest resolutions available, capturing more detail and texture than any...
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Starbucks reusable cups sales are exploding on resale sites as people pay 5 times original prices for a sense of coffee shop normalcy

Starbucks reusable cups sales are exploding on resale sites as people pay 5 times original prices for a sense of coffee shop normalcy

2 hours ago   |   Business Insider

People are buying Starbucks color-changing cups for five times as much as their original prices on resale sites. Starbucks stores began selling the new Confetti Cold Cup and a...
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Amazon Is Offering To Keep 125,000 Workers It Hired For The Pandemic

Amazon Is Offering To Keep 125,000 Workers It Hired For The Pandemic

Amazon has hired 175,000 temporary workers to deal with spike in online shopping during the pandemic. Now it's offering most of them permanent jobs. Read more ...

Tom Brady is selling his highly customized Cadillac Escalade for $300,000...

Tom Brady is selling his highly customized Cadillac Escalade for $300,000 - see inside

Tom Brady is selling his customized Cadillac Escalade for $300,000. Brady initially paid close to $350,000 for the lavish SUV, which basically looks like a private jet on the... Read more ...

Bankruptcies have hit the fastest pace since the Great Recession - and more...

Bankruptcies have hit the fastest pace since the Great Recession - and more companies are expected to file

In May, 27 companies with at least $50 million in liabilities filed for court protection from their creditors, Bloomberg reported Thursday . It's the fastest pace of filings... Read more ...

Mark Zuckerberg told Fox News that Facebook will not fact-check Trump's...

Mark Zuckerberg told Fox News that Facebook will not fact-check Trump's false claims as Twitter did

Facebook CEO Mark Zuckerberg told Fox News on Wednesday that his platform would not follow Twitter and fact-check claims by President Donald Trump. "I believe strongly that... Read more ...

The next-gen leaders of enterprise venture capital think software is going...

The next-gen leaders of enterprise venture capital think software is going to look much different post-pandemic. Here are their predictions for what's ahead

The rising stars of Silicon Valley's enterprise venture practice shared predictions about what the next year has in store for the industry. Many pointed to the need for better... Read more ...

Chaotic videos show people looting a Minneapolis Target store amid a protest...

Chaotic videos show people looting a Minneapolis Target store amid a protest against the death of George Floyd

Videos shared on social media show people looting a Target store in Minneapolis amid protests against the death of George Floyd, who died after a police officer knelt on his... Read more ...

Trump is unleashing an executive order against social media companies, and...

Trump is unleashing an executive order against social media companies, and it could trigger a legal fight they desperately want to avoid

Donald Trump plans to issue an executive order targeting social media companies on Thursday. The US President has been railing against tech companies after Twitter fact-checked... Read more ...

Wielding Twitter like a weapon: Here's what was really going on when Trump's...

Wielding Twitter like a weapon: Here's what was really going on when Trump's most outrageous tweet storms took place

President Donald Trump's Twitter use has gotten to the point where the social media company has, for the first time, marked two of his tweets with a fact check for the... Read more ...

Twitter tried to correct Trump's falsehoods about vote by mail, but the...

Twitter tried to correct Trump's falsehoods about vote by mail, but the platform's first fact-check on the president's tweets was itself misleading

For the first time on Tuesday, Twitter rolled out a feature to flag Trump's tweets about voting by mail as misleading in an effort to provide more context and fact-check... Read more ...

Human services chief: Ohio jobless claims came 'in a tsunami'

Human services chief: Ohio jobless claims came 'in a tsunami'

Ohio faced an unprecedented surge in unemployment claims almost overnight as the pandemic led to widespread business shutdowns, leaving the state no time to retool its system... Read more ...