AP Photo/Steven Senne When the coronavirus pandemic gutted the strongest U.S. economy, many assumed another recession would bring rock-bottom home prices along with it. Instead, home prices defied logical assumptions — and soared to new heights. Paradoxically enough, one of the biggest drivers of the double-digit price hikes is the …
Read More »Economic Report: Consumer sentiment hits a six-month high in September for best reading since COVID-19 erupted
Americans grew more optimistic toward the end of September as consumer sentiment reached a six-month high, reflecting more confidence in the U..S. economy after a summer lull. The final consumer sentiment survey in September climbed to 80.4 from a preliminary reading of 78.9, the University of Michigan said Friday. It …
Read More »NewsWatch: ‘The housing market is on a sugar high’: Home sales are soaring, but is it a good time to buy? Here’s what the experts say
MARKETWATCH FRONT PAGE The domestic property market is fueled by a government stimulus and a COVID-fueled rush to low density housing, economists say. See full story. Invest in tech indexes, but hedge your bets with fine wine and stamps, says this strategist Tech companies will grow exponentially for the next …
Read More »Top Ten: Weekend reads: How to invest with the S&P 500 at a record high
Welcome to the weekend! The S&P 500 SPX, +0.34% ended the week at a record (after setting its first record close in six months earlier in the week) — a 52% surge from the low of that fast and brutal COVID-19-related mid-March plunge. The Nasdaq Composite COMP, +0.41% notched its …
Read More »The Margin: ‘It was chaos!’ Students get suspended for posting pictures of packed halls — now the high school is closing after 9 people were infected
Last week, pictures of maskless students crowding the hall of Georgia’s freshly reopened North Paulding High School went viral and raised questions all over the internet as to whether getting kids back to school while coronavirus cases are still on the rise is a good idea. These are the kinds …
Read More »Deep Dive: 20 stocks that investors hate but Wall Street loves as the S&P 500 nears a record high
This has been an adventurous year for stocks, with almost a full rebound for the S&P 500 Index from the pandemic lows of late March. But the rally has not been as broad as you might think. Below is a list of 20 stocks that are still down at least …
Read More »High End Dipped Vase vs. Free Knockoff
Pin Share Tweet Copycat Chic alert! Find out how easy it is to get a “vase dipped in paint look” for less. No need to buy high end decorating catalog dipped vases when you can easily do this budget decorating project by transforming large glass jars to make them look …
Read More »Economic Report: Jobless claims fall to four-month low of 1.31 million in early July, but layoffs still high
The numbers: The number of initial jobless claims fell by almost 100,000 in early July to a four-month low 1.31 million, but the pace of layoffs is still quite high and appears to be bogging down an economic recovery from the coronavirus pandemic. Initial jobless claims, a rough gauge of …
Read More »Refinance Applications Hit 10 Year High Amid Coronavirus Fears
2 minute read 30-year fixed-rate mortgage rate on a $ 400,000 loan is 3.5% Mortgage applications are up 55% in the past week, 192% in the last 12 months The Dow Industrial Average is down 20% in the past month alone San Fransico and Washington state have outlawed gatherings of …
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