Tag Archives: despite

With home prices skyrocketing, any rise in rates knocks even more potential buyers out of the running, and yet somehow the housing market is more competitive than ever, according to CNBC. The rate is the same now as it was a year ago. The difference from a year ago, however, …

The numbers: U.S. manufacturers said business improved in December for the eight month in a row and new orders matched a pandemic high, signaling they are weathering the record coronavirus outbreak better than other major industries. The Institute for Supply Management said its manufacturing index rose to 60.7% in December from …

Dear Moneyist, Perhaps you can lead me to the proper channels so I can take action. I am a mother to 5 young boys: 3 are biologically mine and, earlier this year, I received a $ 500 stimulus payment for each of them. Last year, my partner’s 2 young boys …

As the nation’s attention was focused on who would be the next president the day after the Nov. 3 election, Sierra Graves was busy grabbing as many of her and her three children’s belongings as she could. Just 10 minutes later, sheriff’s deputies knocked on her apartment door to evict …

(FILES) This file photo taken on September 25, 2014 shows a packet of Camel cigaretes taken in Paris. joel saget/Agence France-Presse/Getty Images British American Tobacco said its first-half profit edged higher, as sales of higher-priced items and cost cuts offset a fall in volume. British American Tobacco BATS, +1.11% BTI, …

The fallout from the COVID-19 pandemic continues to be the main driver behind the American economy. Another 1.48 million Americans filed initial unemployment claims over the last week, according to the Labor Department. Dow Futures sank on the news but gained back a little ground due to continuing jobless claims …

Tesla Inc. escalated a showdown with local health authorities and reopened its Fremont, Calif., car-making plant beyond minimal operations. Chief Executive Elon Musk earlier Monday vowed on Twitter to reopen the plant, Tesla’s TSLA, -0.99% sole U.S. car-making facility, in defiance of a regional shutdown order to curb the spread …

Crude futures traded lower on Wednesday, with the U.S. benchmark contract at risk of snapping a five-session streak, pressured by concerns over tightening oil-storage capacity even as weekly crude inventories rose less than expected and domestic production declined. The build in weekly U.S. crude inventories reported by the Energy Information …

The $ 484 billion stimulus bill the U.S. House of Representatives is expected to pass this week will help infuse some of New York City’s small businesses with much-needed cash, but could leave out hundreds—if not thousands—of the city’s smallest enterprises, advocates said.  “It’s starting to feel pretty desperate,” said …