State and local governments have faced a cash crunch as a result of the COVID-19 pandemic. And they’re passing the pain on to homeowners in the form of higher property taxes, according to a new report. A new analysis from real-estate data company Attom Data Solutions found that Americans who …
Read More »The Challenges Facing Black Homeowners Today
In recognition of Black History Month, we wanted to take a moment to discuss black homeownership in the USA. While black Americans are central to America’s story, African-Americans are less likely than other racial groups to own homes. Few things lift communities more than homeownership. Owning homes creates wealth, brings …
Read More »: Facing a more quickly spreading coronavirus, Brits are traveling more during the current lockdown than in March
The coronavirus situation in the U.K. is far more pervasive now than in March when the country first locked down. When U.K. Prime Minister Boris Johnson announced the country’s first lockdown on Mar. 23, 2020, there were 967 new cases. Even in the two months that followed, the highest daily …
Read More »The Margin: ‘What a travesty’: CNBC’s Jim Cramer facing backlash after using Trump nickname for Nancy Pelosi
Getty Images CNBC’s “Mad Money” host Jim Cramer took a page from President Donald Trump’s name-calling book on Tuesday when he referred to House Speaker Nancy Pelosi as “Crazy Nancy” in a discussion about the stalled talks over a new round of coronavirus relief measures. Sound familiar? By now, it …
Read More »Facing immense pressure, Facebook had no choice but to ban new political ads week before election
Facebook Inc.’s first action to limit political advertising in the U.S. with a ban of news ads in the week preceding the Nov. 3 elections announced Thursday comes amid unrelenting criticism that its platform fuels misinformation and is a haven for far-right groups. Chief Executive Mark Zuckerberg, who in particular …
Read More »The Tell: The stock market could be facing ‘multiple decades’ of ‘deleterious’ economic after-effects, analyst warns
The stock market’s ability to shrug off the economic destruction and gloomy coronavirus headlines continues to enrich emboldened bulls and baffle even some of the savviest Wall Street pros. A big dose of reality, however, looms large, if Andrew Lapthorne, the global head of quantitative research at Societe Generale, has …
Read More »Key Words: ‘Black Swan’ author says if investors don’t use a ‘tail hedge,’ he recommends ‘not being in the market’—‘We’re facing a huge amount of uncertainty’
“ ‘If you don’t have a tail hedge, I suggest not being in the market we’re facing a huge amount of uncertainty.’ ” That’s “Black Swan: The Impact of the Highly Improbable” author Nassim Nicholas Taleb offering his view on the risks swirling in the market and a growing lack of clarity …
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