WASHINGTON (Reuters) – Contracts to buy U.S. previously owned homes fell for a second straight month in December amid record low inventory. The National Association of Realtors (NAR) said on Thursday its Pending Home Sales Index, based on signed contracts, dropped 3.8% last month to 117.7. Pending home sales fell in all four regions. Economists…
For those who expected a spectacular announcement, the disappointment will be immense. Tesla (TSLA) – Get Tesla Inc Report won’t announce a new car model this year, CEO Elon Musk said on Wednesday. “We will not be introducing new vehicle models this year,” Musk said during the company’s fourth-quarter earnings call, adding that it “would not…
Is 2022 the year America finally goes all-in on electric vehicles? Analysts at Bank of America certainly seem to think so, as they are predicting a “major year of commercialization” for the market, as reported by Axios. Some 85 new electric vehicle models are set to launch within the next four years, including the Chevrolet…
© Reuters. FILE PHOTO: A man takes a picture with his phone of an electronic board showing the recent fluctuations of market indices on Brazil’s B3 Stock Exchange in Sao Paulo, Brazil October 28, 2021. REUTERS/Amanda Perobelli BRASILIA (Reuters) -Brazil’s outstanding public debt is expected to increase this year to a range between 6 trillion…
© Reuters. By Yasin Ebrahim Investing.com – The Federal Reserve on Wednesday appeared to lay out the carpet for a March rate hike after saying it may “soon” begin to raise interest rates to bring red-hot inflation under control. The Federal Reserve kept interest rates unchanged within the 0% to 0.25% range, but signalled that liftoff in…
© Reuters. FILE PHOTO: Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen as a trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., December 15, 2021. REUTERS/Andrew Kelly/File Photo By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The Federal Reserve on…
Share to FacebookShare to TwitterShare to Linkedin Nabiha Saklayen, CEO and co-founder of Cellino Cellino Today, Cellino Biotech, an autonomous cell therapy manufacturing company, announced an $80 million Series A financing round led by Leaps by Bayer along with 8VC, Humboldt Fund, and new investors including Felicis Ventures and Khosla Ventures, that could fix a problem…
Share to FacebookShare to TwitterShare to LinkedinBitcoin and cryptocurrency prices have crashed over the past week with around $1.4 trillion wiped from the combined crypto market—and sparking warnings of a new “crypto winter.” Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and discover hot new NFT and crypto blockbusters poised for 1,000% gains The bitcoin…
Fox News’ Sean Hannity was taken to task on his own show by Geraldo Rivera for airing an attack ad accusing President Joe Biden of cognitive decline.Hannity parroted the right-wing talking point that Biden is mentally unfit for office by comparing footage of the president’s speeches over the years with a new spot released by…
Think stocks are too expensive? Think again. Jim Cramer told his Mad Money viewers Tuesday that despite many investors proclaiming that stock prices have gotten out of control, he’s taking the other side of the trade. Nothing is more dangerous to a market than too much supply, Cramer reminded viewers. Yet last year was a…
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