Signage stands outside the Freddie Mac headquarters in McLean, Virginia, U.S.. Andrew Harrer | Bloomberg | Getty Images As the economic shutdown drags on and job losses mount, more borrowers are opting to delay their monthly mortgage payments through mortgage forbearance plans. The majority are doing it through a program designed to provide relief to
The next COVID-19 federal relief package should direct aid to municipalities to help replace lost revenue and smaller cities should receive a share, Chicago Mayor Lori Lightfoot said Thursday. While a series of packages have provided help on the expense side of dealing with the pandemic including the Coronavirus Aid, Relief and Economic Security Act
The crypto space has not been in the best of health over the past few weeks as the coronavirus pandemic and the associated turmoil in the markets took its toll. However, that does not mean that important developments have not been taking place in the crypto sphere amidst the turmoil. Key Things to Watch One
As smaller investors pile into the risky and troubled United States Oil Fund, hedge funds are taking the other side of that trade and making a lot of money. As the fund, which trades under the ticker USO, plunged 75% in the last two months, those who bet against it by short selling pocketed hundreds
Take a look at some of the biggest movers in the premarket: Eli Lilly (LLY) – The drugmaker reported quarterly earnings of $1.75 per share, beating the $1.48 a share consensus estimate. Revenue was also above Street forecasts. Lilly’s worldwide revenue was boosted by $250 million due to Covid-19, but the company said the virus
TORONTO, ONTARIO, CANADA – 2019/08/12: Close up of a cooked pepperoni pizza. The Italian cuisine … [+] item has other ingredients such as mushrooms, bacon, and mozzarella cheese. The product is commercialized as a ‘Canadian Pizza’. (Photo by Roberto Machado Noa/LightRocket via Getty Images) LightRocket via Getty Images New Rochelle, just north of New York
Commercial real estate company Cushman & Wakefield recently introduced the Six Feet Office concept to showcase some of the ideas it envisions companies will be adopting soon. These include desks spaced 6 ft. apart, along with bold color and visuals such as circles embedded in the carpet to remind people to distance themselves. Cushman &
Wisconsin drew 15 bids and new investor interest on its first green-designated bonds as it stepped into a growing primary market Wednesday with $80 million of its triple-A state revolving fund bonds. Barclays submitted the winning bid on the competitive sale with a true interest cost of 2.64%. The cover bid came from Morgan Stanley
Hundreds of millions of dollars of in Paycheck Protection Plan emergency funding has been claimed by large, publicly traded companies, new research published by Morgan Stanley shows. In fact, the U.S. government has allocated at least $243.4 million of the total $349 billion to publicly traded companies, the firm said. The PPP was designed to
The crude oil tanker, Chemtrans Cancale, is seen anchored off shore as it waits to dock at Port Everglades on April 20, 2020 in Fort Lauderdale, Florida. Joe Raedle | Getty Images “Know what you own” is an old adage when investing, but it is especially important when owning investments that hold futures contracts. Just
Take a look at some of the biggest movers in the premarket: Delta Air Lines (DAL) – Delta lost 51 cents per share for the first quarter, less than the 70 cents a share Wall Street had anticipated. Revenue was below forecasts, however, and fell 18% from a year ago. Delta said it expects to
Happy young woman in Bluetooth headphones sit on couch study on laptop listening to music, smiling … [+] positive girl on sofa wear wireless earphones have skype or web conversation on computer Getty Coronavirus has made this an uncertain time for many industries and real estate is no exception. In light of that I reached
A real estate agent shows a home to a prospective buyer in Miami. Getty Images Mortgage volume appears to be settling into a new normal, as refinance demand stays high and purchase demand sits at a five-year low. Total mortgage application volume decreased 0.3% last week from the previous week, according to the Mortgage Bankers
You might call it the “ETF-ication of everything.” Mutual fund managers are launching special products that allow them to use the exchange-traded fund structure but keep their portfolios hidden. Others are exploring outright conversions of their funds to ETFs. And brokerages are becoming more comfortable with buzzy marketing, lower fees and fractional share trading. But
Trading in the secondary market saw AAA benchmark yields rise by three to five basis points but the primary market showed signs of life with several larger new deals getting done at appropriate levels given current market conditions as the coronavirus continues to ravage state and local credit quality. The municipal market weakened a little
Over the years, it became accepted wisdom that Bitcoin was a store of value, and that it could work as a hedge against market fluctuations. However, this has not turned out to be the case during the course of the current prolonged market turmoil. After the oil price crash on Monday, the world’s biggest cryptocurrency
Oil pumping jacks, also known as “nodding donkeys”, operate in an oilfield near Almetyevsk, Tatarstan, Russia, on Wednesday, March 11, 2020. Andrey Rudakov | Bloomberg | Getty Images This is a developing story. Check back for updates. Trading in the United States Oil Fund, a popular exchange-traded security known for its ‘USO’ ticker which is
Take a look at some of the biggest movers in the premarket: Coca-Cola (KO) – Coca-Cola reported quarterly earnings of 51 cents per share, 7 cents a share above estimates. Revenue also came in above Wall Street forecasts. The company said a shift in consumer habits due to the Covid-19 pandemic would materially impact results
Photo: Getty Here in Ontario, we’ve recently learned that physical distancing protocols may be extended for another three months, or possibly longer. Even then, it’s possible that people will want to keep their distance until the threat of coronavirus has been proven to have subsided for good. This sets the scene for a new reality
Prospective home buyers arrive with a realtor to a house for sale in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images Sales of existing homes fell a wider than expected 8.5% in March compared with February to an annualized pace of 5.27 million units, according to the National Association of Realtors’ seasonally adjusted index.
As California and America look forward to relaxing restrictions, it’s time to look ahead to meeting the onrushing financial crisis. The coronavirus has created such a massive disruption to the world’s stock markets that almost all California public employee defined-benefit pension plans will never recover. At a minimum, they must be put on a fiscal
A futures contract for U.S. crude prices dropped more than 100% and turned negative for the first time in history on Monday, showing just how much demand had collapsed because of the coronavirus pandemic. But traders cautioned this collapse into negative territory was not reflecting the true reality of the beaten-up market. The price of
Take a look at some of the biggest movers in the premarket: Halliburton (HAL) – The oilfield services company reported quarterly profit of 31 cents per share, 7 cents a share above estimates. Revenue also beat Wall Street forecasts. Halliburton warned North American activity will sharply decline during the current quarter, due to oversupply and
Happy couple with keys of new apartment Getty There’s no denying that the spread of coronavirus has made the process of buying a home more difficult in some places and nearly impossible in others. However, even though your area may be dealing with restrictions on the real estate industry, that doesn’t mean you have to
Flooding resulting from Hurricane Harvey in Houston, Texas. Harriet Taylor | CNBC Nothing can compare to the crushing economic tsunami created by the coronavirus pandemic, but in the housing market specifically, there are some parallels to natural disasters. Lessons learned from those devastating events are helping the industry cope now. In 2017, after Hurricane Harvey
House Financial Services Committee Chairwoman Maxine Waters, D- Calif., wants the Federal Reserve to increase the parameters of its short-term note program and extend help to the secondary market. In a letter sent to Fed Chair Jerome Powell Thursday night, Waters said that, while the Fed’s Municipal Liquidity Facility helps provide liquidity to states and
The SpaceX Falcon 9 rocket emblazoned with the famous NASA “worm” logo for the Demo-2 mission/ NASA NASA and SpaceX are targeting May 27 for the launch of Demo-2, the first launch of NASA astronauts from the U.S. since 2011 and the first crewed launch for Elon Musk’s space company. Demo-2 is set to liftoff
An Uber Eats food delivery courier closes a bag with an order during a lockdown, imposed to prevent the spread of coronavirus disease (COVID-19), in central Kiev, Ukraine April 2, 2020. Valentyn Ogirenko | Reuters Check out the companies making headlines after the bell. Gilead Sciences — The pharmaceutical company’s stock surged 13% in extended trading
Recently opened, Mission Lofts offers 156 units that can be rented as apartments, offices or both. Robert Seldin A newly opened development near the nation’s capital has taken mixed-use design to a new dimension that befits the currently predominant, coronavirus-prompted lifestyle of living and working in a single place. Sited in Falls Church, Virginia, and
urbazon | Getty Images More than 2.9 million homeowners have taken advantage of a program designed to provide relief to holders of government-backed mortgages, part of the coronavirus CARES Act relief package. This represents 5.5% of all active mortgages, according to Black Knight, a mortgage data and analytics company that is now tracking the growing
- « Previous Page
- 1
- …
- 51
- 52
- 53
- 54
- 55
- …
- 147
- Next Page »