Longtime NBC and CBS correspondent and television anchor Roger Mudd has died at the age of 93. CBS News says Mudd died Tuesday of complications of kidney failure at his home in McLean, Virginia. The journalist famously once stumped Sen. Edward Kennedy by simply asking why he wanted to be president. During more than 30 […]
After a slight increase in late February, mortgage applications dipped 1.3% in the week ending March 5, according to the latest report from the Mortgage Bankers Association. But experts aren’t concerned. With spring approaching – signaling the start of a busy buying season – the purchase market sported its strongest showing in four weeks, with […]
Summary List Placement Janet Yellen said Tuesday her department is working to distribute Biden’s relief package quickly. She said the rescue plan could help avoid a key mistake made during the Great Recession. The $1.9 trillion stimulus package includes $1,400 direct payments and $3,600 annual child tax credits. Sign up here for our daily newsletter, […]
Summary List Placement On top of free online courses, edX offers MicroMasters, which cover 25% to 50% of a university master’s degree curriculum. MicroMaster credits can be used to cut down on the time and cost of a full master’s program by being converted into an accelerated pathway. edX has 63 MicroMasters, most around […]
Summary List Placement Morgan Stanley has lifted its forecasts for 2021 economic growth in the US, citing a collection of encouraging trends for its brighter outlook. Gross domestic product is now expected to grow by 8.1% on a fourth-quarter by fourth-quarter basis, up from 7.6%, the team led by Ellen Zentner said in a Tuesday […]
Summary List Placement Non-fiction audiobooks are an easy and flexible way to learn something new on the go. Plus, narration — especially when the text is read by the author themselves — adds emotion and passion to any story. We’ve rounded up readers’ favorites, from humor and history to memoirs and self-help. As an […]
Summary List Placement In a Tuesday hearing held by the United States Senate Committee on Banking, Housing, and Urban Affairs, Senators sat down with five experts to discuss “Who Wins on Wall Street? GameStop, Robinhood, and the State of Retail Investing.” In the hearing, Duke Law Professor Gina-Gail S. Fletcher was asked by Sen. Sherrod […]
Buckingham Palace said Tuesday the British royal family is “saddened to learn the full extent of how challenging the past few years have been” for the Duke and Duchess of Sussex, popularly known as Harry and Meghan. Following a widely publicized CBS interview Sunday with Oprah Winfrey, in which issues of race, family dynamics and […]
Summary List Placement President Joe Biden’s stimulus bill is expected to reach its final vote on Wednesday, and according to a recent survey, only a third of Americans think the bill is too big. Since it was first introduced, Republican lawmakers have argued that the stimulus bill Democrats have pushed through using reconciliation is too […]
Summary List Placement There’s a notable tax exemption tucked into the version of the stimulus package the Senate passed over the weekend: it has to do with unemployment benefits. Specifically, people making up to $150,000 wouldn’t be taxed on the first $10,200 in unemployment benefits they received. That could make a real difference for many. […]
A recent Redfin report showed both good and bad news for Black homeowners as the first quarter of 2021 nears its end. The positive: Black homeowners earned an average of $59,000 in home equity in 2020, compared with $50,000 for white homeowners through the period of 2019 to January 2021. That $59,000-gain represents a median […]
Summary List Placement Later this week, President Joe Biden is set to sign a $1.9 trillion stimulus bill into law that will inject a massive amount of federal cash into nearly every part of the economy. Much of that direct aid will temporarily benefit individuals as the nation’s economy slowly begins recovering from the pandemic. […]
Summary List Placement One year after the S&P 500 tumbled nearly 8% on COVID-19 fears, experts on Wall Street see the US bearing down on the finish line of the pandemic. Declining case counts, vaccine rollouts, and expectations for new stimulus have lifted spirits in recent weeks. Economists have upgraded growth forecasts and investors continue […]
HousingWire’s newest award program launches today, honoring the housing economy’s top marketing execs in lending, mortgage servicing, investing and real estate. Nominations are open March 9 through March 26, 2021. Earlier this year, HousingWire recognized the top finance executives in housing with the HW Finance Leaders award. Now, we want to recognize the senior marketing […]
U.S. President Joe Biden’s two dogs have reportedly been sent back to his home in Delaware after what has been described as aggressive behavior toward a member of White House security. The U.S. cable channel CNN first reported late Monday one of the dogs, Major, had bitten a security staff member, citing people close to […]
Summary List Placement Based on two new alternate scenarios of job projections, the Bureau of Labor Statistics (BLS) predicts more employment in computer-related and medical research jobs over the next decade and less in retail trade and restaurant or eating places. BLS regularly publishes employment projections for the next 10 years. However, last September’s release […]
New controversy is brewing for Britain’s royal family after an interview on U.S. television with Prince Harry and his wife Meghan Markle raised questions of possible racism in the royal family. Henry Ridgwell reports from London. Camera: Henry Ridgwell details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: VOANews.Com
The total number of mortgages in forbearance fell three basis points in the last week of February, down to 5.2% on the back of a slight increase in forbearance exits, the Mortgage Bankers Association reported on Monday. At the current rate, the trade group estimates 2.6 million homeowners are still in some form of forbearance. Of those who are, […]
Summary List Placement Sen. Joe Manchin of West Virginia said he would not support an infrastructure bill that Republican support, a potential blow to early Democratic efforts to capitalize on the passage of $1.9 trillion stimulus bill. In an “Axios on HBO” interview on Sunday, Manchin — a moderate Democrat who opposed a minimum wage […]
Britain’s royal family was plunged into crisis Monday, a day after the Duke and Duchess of Sussex, known popularly as Harry and Meghan, said in an interview that a royal had raised concerns about the color of son Archie’s skin and that the child would not be made a prince. “So, we have in tandem […]
International Women’s Day celebrates women’s achievements and highlights issues of women’s rights. To mark the occasion Monday, the U.S. State Department presented the International Women of Courage Award, and VOA spoke with a recipient. VOA’s Arash Arabasadi has this report. Camera: AP/REUTERS/SKYPE Produced by: Arash Arabasadi details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: VOANews.Com
Summary List Placement Millennials are driving New York City’s indoor dining scene. Restaurant owners in the city told Bloomberg’s Kate Krader that although many diners still prefer outdoor dining, young adults are more likely to eat inside — and they’re splurging while doing so. Nearly a year of restaurant deprivation and a decline in restaurant […]
Lenders may have one last quarter to ride the market’s massive refi wave after Monday data from Black Knight’s Mortgage Monitor Report revealed that despite rising interest rates, Q1 2021 refinance lending volumes are poised to remain near last quarter’s meteoric high. “Roughly 2.8 million homeowners refinanced their mortgages in the last quarter of 2020, […]
Summary List Placement Ahead of its expiration date on March 31, the Federal Reserve Board announced on Monday that it is extending the Paycheck Protection Program (PPP) Liquidity Facility through the end of June, allowing continued distribution of funds through the PPP to small businesses. The PPP was implemented under the CARES Act in March, […]
Summary List Placement One of the slowest-recovering sections of the US economy can return to pre-pandemic health as early as next year, Treasury Secretary Janet Yellen said Monday. That would be the labor market. While business output and retail sales have all trended higher in recent weeks, job growth continues to lag behind the overall […]
Can you smell it in the air? America is back! The last plank required to complete the foundation of my “America is Back Economic Recovery” model was for the 10-year yield to start trading in the range of 1.33% to 1.60%, and as of Feb. 16, this has happened. We are currently administering three different […]
Summary List Placement President Joe Biden on Monday will sign an executive order directing the Department of Education to review policy changes concerning sexual assault on college campuses that were implemented under former President Donald Trump, asking officials to determine whether the policies align with his administration’s goals. According to The Washington Post, senior administration […]
The sun is shining as I write this today and the forecast is for warmer weather. While others might think of restarting outdoor activities or working in the garden, our industry is gearing up for a strong spring housing market – and the first step in what MBA is forecasting will be a record-breaking year […]
Summary List Placement Sen. Joe Manchin of West Virginia said on Sunday that he supports Congress passing a massive infrastructure bill — as long as it’s paid for with tax increases and doesn’t add to the country’s deficit. Manchin told Axios’ Mike Allen on “Axios on HBO” that he would be willing to get behind […]
Malala Yousafzai is a Nobel laureate known around the world for her activism, but she’s also a cartoon fan, and is taking her love of television and film to Apple TV+. Yousafzai, 23, who graduated from Oxford last June, announced Monday that she has partnered with Apple in a multi-year deal to develop dramas, […]
Fannie Mae‘s Home Purchase Sentiment Index (HPSI), a composite index designed to track the housing market and consumer confidence to sell or buy a home, fell 1.2 points in February. Fear not, experts say – better days are ahead. Overall, the HPSI hit 76.5 last month, down from 77.7 in January. A small drop was expected, […]
Meghan, the wife of Prince Harry, accused Britain’s royal family of raising concerns about how dark their son’s skin might be and pushing her to the brink of suicide, in a tell-all television interview that could send shockwaves through the monarchy. The 39-year-old, whose mother is Black and father is white, said she had been […]
Summary List Placement The stock market’s inflation fears may be overblown if explosive economic growth comes to fruition to create a perfect “mix” for more gains, according to James Paulsen, Chief Investment Strategist of The Leuthold Group. In a letter to investors on Friday, Paulsen said that although inflation may be on the rise, that […]
Summary List Placement When Adeline Cheng wakes up, she checks the app on her phone that’s synced with the chunky titanium Oura ring she wears to bed. While she slept, the ring measured her breathing, heart rate, body temperature, sleep quality, and movement. The Oura app displays her “readiness” score, meant to indicate how prepared […]
Britain’s royal family on Sunday braced for further revelations from Prince Harry and his American wife, Meghan, as a week of transatlantic claim and counter-claim reaches a climax with the broadcast of their interview with Oprah Winfrey. The two-hour chat with the U.S. chat show queen is the biggest royal interview since Harry’s mother princess […]
Summary List Placement $3,200. $3,000. $2,900. Over the past several months, Brett Vergara had been watching rent fall like dominoes for apartments at The Brooklyner, a residential skyscraper that briefly had the title of Brooklyn’s tallest building around a decade ago. Replete with a rooftop deck, floor-to-ceiling views of The Empire State Building, and an […]
Summary List Placement The stock market’s inflation fears may be overblown if explosive economic growth comes to fruition to create a perfect “mix” for more gains, according to James Paulsen, Chief Investment Strategist of The Leuthold Group. In a letter to investors on Friday, Paulsen said that although inflation may be on the rise, that […]
Summary List Placement The Senate approved the $1.9 trillion stimulus legislation on Saturday morning, putting Democrats another step closer to locking down President Joe Biden’s first legislative achievement after a marathon period of voting. The economic aid package heads back to the House for final approval. Republicans were united in their opposition in the 50-49 […]
Summary List Placement In this week’s episode of “Pitchfork Economics,” co-host Nick Hanauer points out that the United States doesn’t really have an industrial policy. Other nations intentionally establish suites of economic, regulatory, and fiscal policies which direct their industrial sectors into specific fields, focus manufacturing into new technologies, and discourage harmful corporate behavior such […]
Summary List Placement America’s oldest collegiate debate society has voted to strip Sen. Ted Cruz of its highest honor, according to The Daily Princetonian. Princeton University’s American Whig-Cliosphic Society passed a motion to rescind the James Madison Award for Distinguish Public Service awarded to Cruz in 2016, the newspaper reported. Members of the society proposed […]
Summary List Placement Texas officials said they do not plan to reverse an estimated $16 billion in electricity overcharges incurred during a deep freeze that roiled the state’s power grids and left millions without power last month. In a meeting on Friday, the Public Utility Commission of Texas (PUCOT) said it will be too challenging […]
Summary List Placement Sen. Elizabeth Warren has made it clear: She wants to tax the ultrawealthy. It’s a measure that a majority of Americans support, and could bring in billions in tax revenue, but beyond the political will to make it law it faces several legal obstacles. Besides implementation concerns, it might not be allowed […]
Summary List Placement The US treasury secretary Janet Yellen on Friday said the US government needed to “go big” with its coronavirus stimulus relief. Yellen spoke in favor of President Joe Biden’s planned $1.9 trillion stimulus package, which is working its way through Congress. “Well, it’s a big package, but I think that we need […]
Summary List Placement Elon Musk would have paid $4.6 billion in 2020 under proposals for an “ultra-millionaire” tax, data from tax groups shows. Sen. Elizabeth Warren of Massachusetts proposed the Ultra-Millionaire Tax Act Monday. It would apply an annual 2% tax on individual net worth between $50 million and $1 billion, or 3% on net worth above […]
Two documentaries shine a light on women defying the odds in the face of brutality and corruption. VOA’s Penelope Poulou spoke with the filmmakers and has the story. Camera: Penelope Poulou Producer: Penelope Poulou details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: VOANews.Com