Applications to refinance a home loan fell 5%last week and was 31% lower than a year ago, according to the Mortgage Bankers Association. Mortgage applications to purchase a home fell
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Goldman Sachs reports record results that top the Street amid booming investment banking
Goldman Sachs blew past analysts' expectations with record first-quarter net profits and revenues on strong performance from the firm's investment banking and trading businesses. The bank posted per-share earnings of
Continue reading »CFOs haven't been this upbeat about the global economy since 2018: CNBC survey
Chief financial officers expect the global economic recovery to continue in 2021. CFOs say the bull market in stocks will continue and the Dow more likely to rise to 35,000
Continue reading »How just a few days cost some small businesses thousands on their PPP forgivable loans
For some of the smallest businesses that applied for forgivable loans through the Paycheck Protection Program, waiting just a few days or weeks would've gotten them thousands of dollars more.
Continue reading »The pandemic forced Americans to face unprecedented financial dilemmas. Here's how advisors have stepped in to help
The pandemic has forced many Americans to face tough questions on how to stay afloat financially. Some financial advisors have stepped in to give people access to free professional advice
Continue reading »Data center real estate is primed to boom after the pandemic forced lives online
Data centers are primed to set growth records this year, according to a new report from commercial real estate company CBRE. Data center REITs were the highest-performing REIT sector last
Continue reading »House passes $1.9 trillion Covid relief bill, sends it to Senate
The House passed its $1.9 trillion coronavirus relief package, which will head to the Senate. Democrats in both chambers aim to have the legislation passed and to President Joe Biden's
Continue reading »December home prices rose 10.4%, the biggest gain in 7 years, Case-Shiller says
The 10-city composite annual increase was 9.8%, up from 8.9% in November. The 20-city composite posted a 10.1% gain, up from 9.2% in the previous month. Phoenix, Seattle, and San
Continue reading »Many Americans, especially families, can’t live on a $15 minimum wage
Democrats want a $15 minimum wage policy to be included in President Joe Biden's $1.9 trillion Covid relief plan. A $15 hourly pay scale would more than double the current
Continue reading »Biden says next stimulus checks will be $1,400. How they could be targeted
President Joe Biden on Friday reaffirmed his commitment to sending $1,400 stimulus checks. "That's what the American people were promised," Biden said during an update on the economy. He did,
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