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When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, if you buy shares......
President Trump signed a continuing resolution that avoided a government shutdown and extended the current transportation funding program. ...
Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Anjalee Khemlani discuss Moderna’s timeline in the race for a COVID-19 vaccine....
In the final leg of 2020, does the market have what it takes to reach a record high? If you ask J.P. Morgan, the answer is yes.According to strategist Dubravko Lakos-Bujas, the S&P 500’s earnings are bouncing back more quickly than expected thanks to the Federal Reserve’s accommodative monetary policy, global reopenings and long-term tech plays. He argues this earnings trend could power the index’s rally to a record 3,600, reflecting a 6% gain from current levels.Tech is the key here. Although the space has had a rough going recently, the strategist sees the latest pullback as “healthy," noting that tech names are still relatively insulated from COVID’s economic impact. Tech profits could also potentially help offset earnings weakness in the broader market.“As for COVID-19 sensitive companies, Q2 likely marked the bottom with earnings to see a sustained recovery as the economy rebounds, and consumer and corporate behavior gradually normalize,” Lakos-Bujas...
(Bloomberg) -- Apartment rents are plunging in high-cost cities from New York to San Francisco. Now, places that were less popular before the pandemic are suddenly in high demand.The biggest increase in the third quarter was in California’s Inland Empire -- Riverside and San Bernardino counties -- where effective asking rents for apartments jumped 4.4%, thanks to the boom in distribution warehouses outside Los Angeles, according to data from RealPage Inc.That was followed by Sacramento, California; Virginia Beach, Virginia; Greensboro, North Carolina; and Memphis, Tennessee. By contrast, San Francisco rents fell 11% and New York’s dropped 8.5%.For the analysis, RealPage looked at effective asking rents, which factored in concessions from landlords.Big international cities were hit hardest in part because a bigger share of their workers are in tourism, entertainment, restaurants and other businesses most hurt by Covid-19 lockdowns. The slow-and-steady markets, on the other hand, are especially attractive now that so...
New research highlights how Obamacare being overturned would bring a major tax cut for the richest Americans....
While The Interpublic Group of Companies, Inc. (NYSE:IPG) might not be the most widely known stock at the moment, it......
