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Stocks Shake Off Bad News to Rally for Seventh Month Straight

September 1, 2021 Alyssa Comments Off

NYTIMES.com: With expectations that interest rates will stay down and government spending will stay up, the stock market has learned to live with the pandemic, even as cases increase. Bad news doesn’t seem to bother […]

Overheated Real Estate Market Begins to Cool

August 16, 2021 Alyssa Comments Off

NYTimes.com: Supercharged by tight inventory and pent-up demand, home prices continued to rise in July, but at a slower rate. The pandemic created a frenzied real estate market in much of the United States that […]

Personal Finance

Top 1% of Wealthiest Households Pay Mounting Share of All US Income Taxes

FoxBusiness: The richest households paid 40.1% of all federal income taxes in 2018 The share of the nation’s individual income taxes that are paid by the wealthiest households has increased over recent [...]
Housing Market

New Home Sales Up 19.3% Year-Over-Year

RealEstateInvestingToday: The U.S. Government is reporting that sales of new single-family houses in January, 2021 were at a seasonally adjusted annual rate of 923k which is 4.3% higher than December’s revised [...]
Inflation

Who Should Worry About Inflation—And Who Shouldn’t

Forbes.com: Should you be worried about rising prices? Maybe concerns about inflation are overblown? How can you position yourself for financial success regardless of how much prices rise? The dramatic [...]
Housing Market

Mortgage Rates Finally Drop—But Is It Enough To Revive the Fall Housing Market?

Realtor.com: After rising for an alarming five weeks straight, mortgage rates have at long last cooled a bit. For the week ending Aug. 31, rates for 30-year fixed-rate loans averaged [...]
Cryptocurrency

Kim Kardashian and Floyd Mayweather Sued by Investors Over Alleged Crypto Scam

CNBC.com: A class action lawsuit accuses Kim Kardashian and Floyd Mayweather of artificially inflating the price of the cryptocurrency EthereumMax.The celebrities made “false or misleading statements” about the little-known token [...]
Investing

Nasdaq Nears Record After Google, Amazon Earnings

FoxBusiness: Amazon CEO Jeff Bezos will step aside later this year The Nasdaq took the lead at the start of trading Wednesday as investors weighed another batch of big tech earnings and the possibility Democrats [...]