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    Investment firm Blackstone Group acquired 17,000 single-family rental homes on Tuesday in a deal worth $6 billion. Blackstone, an asset management firm that focuses on alternative investments, acquired Home Partners of America (HPA) along with its 17,000 home inventory, the firm announced in a statement Tuesday. Blackstone will continue HPA’s business model of offering its tenants rent-to-own lease agreements, which allow...
    In this article AXP ADBE UPS HD PXD CVX VIDEO2:5902:59Jim Cramer spots buying opportunities after Dow suffers worst week of 2021Mad Money with Jim CramerWall Street got its groove back Monday after a rough sell-off in stocks last week brought buyers to the market, CNBC's Jim Cramer said. "Tomorrow, traders will go for the winners, not the losers, because...
    New York (CNN Business)Are the Wild West days of intense market volatility back on Wall Street? Stocks were sliding Friday morning after St. Louis Federal Reserve President James Bullard told CNBC he thinks the Fed should raise interest rates as soon as the end of next year.The Dow fell 400 points shortly after the opening bell Friday, a drop of...
    London (CNN Business)Low inventory and surging demand have sent house prices soaring around the world, raising concerns about how long the red-hot market can be sustained.What's happening: The International Monetary Fund's Global House Price Index, which tracks 57 countries, has surpassed its prior peak from 2008. According to Oxford Economics, house prices are growing at over 10% year-over-year in many...
                      by Ailan Evans  Lumber prices have begun to drop following record highs, with futures closing Monday at their lowest price in over two months. Lumber futures reached their highest-ever price in early May according to Nasdaq, trading at $1,711.20 per thousand board feet. Futures closed Monday at $966.20 per thousand board feet,...
    SAN FRANCISCO (KPIX) — Crews are battling a fire Sunday afternoon that is sending thick plumes of smoke over Market Street. Citizen App video shows firefighters battling the blaze in a building just across the street from the Civic Center BART station, near the OddFellows building on Market Street. The fire is causing delays along the I-B and O-B...
    A man who was shot on San Francisco’s Market Street on Thursday morning died as a result of his injuries, police said. Related Articles Bay Area homicides 2021: Map and details At about 10:10 a.m., officers patrolling near Market and Jones streets heard several gunshots and found a 43-year-old man who had been shot. He was taken to a...
    In this article LGBTVIDEO4:3704:37Pride Month meets Wall Street as new LGBTQ ETF hits the marketETF EdgeJust in time for Pride Month, Wall Street has its first LGBTQ-focused ETF. ProcureAM, in partnership with LGBTQ Loyalty Holdings, launched the new LGBTQ100 ESG ETF this week. The first-of-its-kind fund uses LGBTQ community data to identify the top 100 companies that most align with...
    Statesboro Main Street Farmers Market is returning to in-person Saturday markets beside Synovus Bank, 2 East Main Street. Opening day is Saturday, June 19, 9:00 a.m. – 12:30 p.m. Local farmers and vendors from Bulloch and surrounding counties will be at the market with all of your favorites – produce,...
    VIDEO1:2101:21The unusual volatility trend PNC is seeing in both stocks and bondsTrading Nation A top investor expects volatility to dominate Wall Street for months. Amanda Agati, PNC Financial's chief investment officer, lists stretched market valuations, Federal Reserve taper chatter and the end of stimulus checks as troubling forces in the market. "You have to pick and choose your exposures very,...
    SAN FRANCISCO (KPIX) — Thousands of tourists were returning to San Francisco on this Memorial Day weekend. Some of the hotspots included Fisherman’s Wharf and Pier 39 where it was hard to walk down the street without bumping into people. “The crowds are a lot bigger than I thought it was going to be,” said Jeff Hill, visiting the city...
    An employee preps a John Deere & Co. excavator for sale at Martin Equipment in Rock Island, Illinois.Daniel Acker | Bloomberg | Getty Images With May coming to a close, Wall Street analysts are fine tuning their recommendations as COVID-19 vaccinations pave the way for further economic re-opening this summer.   We used TipRanks analyst forecasting service to pinpoint stocks...
    In this article PEP AAPL So-called green bonds have become more popular in recent years, and this fast-growing segment of the $128.3 trillion global bond market could grow even more. When an issuer sells a green bond, they're making a nonbinding commitment to earmark the sale's proceeds for environmentally friendly projects. That could include renewable energy projects, constructing...
    Traders work on the floor of the New York Stock Exchange.NYSE Stock futures fell slightly in overnight trading on Wednesday after major averages registered a third straight day of losses amid a drop in cryptocurrency prices. Futures on the Dow Jones Industrial Average dipped 30 points. S&P 500 futures and Nasdaq 100 futures both fell 0.1%. The moves in futures...
    Paterson detectives nabbed two dealers and seven buyers while seizing nearly 300 heroin folds at an open-air drug market near the city public library, authorities said Wednesday. Responding to continued citizens’ complaints, Narcotics Division detectives hit a stretch of Summer Street between Hamilton Avenue and Van Houten Street late Tuesday afternoon, Public Safety Director Jerry Speziale said. They arrested city...
    SAN FRANCISCO (CBS SF) — The office of San Francisco Mayor London Breed on Tuesday announced plans to increase police presence and introduce “community-based safety ambassadors” in the city’s Mid-Market area. The so-called “Mid-Market Vibrancy and Safety Plan” will be “aimed at creating a safer and more welcoming environment in the Mid-Market and Tenderloin area,” according to the release issued...
    In this article BTC.CB=Dado Ruvic | ReutersCrypto bulls have long championed bitcoin as a modern-day replacement for gold, and by one measure, the new market is already close to surpassing bullion in that respect. The total value of the cryptocurrency market now stands above $2 trillion, putting it on nearly equal footing with the amount of gold held for private...
    VIDEO3:3303:33What to look for in Airbnb's earnings reportTrading Nation Move in or check out? Shares of Airbnb are down 36% from their February highs heading into the vacation rental company's earnings announcement after Thursday's closing bell. It will be the company's second report since going public in December. With the shares falling 3.5% to around $135 in Thursday's trading session,...
    Server Nioka Mantilla arranges items in the buffet at the DoubleTree by Hilton Hotel on Penn Street in Reading, Pennsylvania, Friday morning May 7, 2021.Ben Hasty | MediaNews Group | Reading Eagle via Getty Images The stunningly disappointing April jobs report shouldn't be taken as an indictment against the fast-moving economic recovery but shouldn't be dismissed as merely a one-month...
    New York (CNN Business)Gary Gensler, the newly installed chairman of the Securities and Exchange Commission, put Robinhood and Citadel Securities on notice Thursday about a potential crackdown in the Biden era.Gensler, whose nomination was endorsed by Senator Elizabeth Warren, repeatedly expressed concern about the "inherent" conflicts of interest that exist in the payment-for-order flow business model used by Robinhood and...
    CHICAGO (CBS) — After being called off last year for the coronavirus pandemic, plans are on to resume the annual Northalsted Market Days festival this August. The Northalsted Business Alliance reported in a news release issued Tuesday that it hopes to host Market Days from Aug. 6 through Aug. 8 – adding a Friday night edition for the first time....
    SAN FRANCISCO (CBS SF) — Police in San Francisco on Wednesday identified the man arrested for stabbing two older Asian women in the city’s Mid-Market area Tuesday afternoon. The two victims — 85-year-old Chui Fong Eng and a second unidentified 65-year-old woman — were attacked shortly before by a suspect armed with a knife while waiting for a bus on...
    New York (CNN Business)With stocks enjoying a strong start to 2021, investors are continuing to plow more money into exchange-traded funds -- especially ones that are tied to the top broader market indexes.In other words, many investors are still happy to place their bets on the top techs that dominate the S&P 500 (SPX) -- even though an army of...
    SAN FRANCISCO (CBS SF) – Police in San Francisco have arrested a man suspected of stabbing older two Asian women — one who was 85 years old — in the city’s Mid-Market area late Tuesday afternoon. San Francisco Police Public Information Officer Michael Andraychak confirmed that at approximately 7 p.m., officers from the Tenderloin Station located and arrested a 54-year-old...
    The Charging Bull or Wall Street Bull is pictured in the Manhattan borough of New New York, January 16, 2019.Carlo Allegri | Reuters The "sell in May, then go away" strategy isn't getting much love on Wall Street this year. Market pros acknowledge that history clearly shows the market's strongest six-month period is November to April, but they also say...
    New York (CNN Business)It's the first trading day of May for the stock market. And guess what? Investors should ignore the dumb, antiquated saying about selling in May and going away. The anachronistic idea goes something like this: An investor should lock in gains now and then mostly ignore the markets for the summer while sitting on a beach somewhere....
    (CBS DETROIT) — Chicago’s 18-year running market is coming to Harbor Country, in Three Oaks, Michigan. The Randolph Street Market will begin over Memorial Day Weekend, taking place from 10 a.m. until 6 p.m. on Saturday, May 29, and Sunday, May 30. The markets will feature 40+ dealers of antiques, home furnishings, vintage fashion and accessories, art, and hand-crafted goods....
    SAN FRANCISCO (CBS SF) — Police in San Francisco are investigating a shooting downtown in the area of 5th and Market late Thursday afternoon that injured three male victims, including one fatally. San Francisco police initially did not release any details regarding the incident, but an investigations commander confirmed that officers were working a shooting near that intersection. Traffic was...
    U.S. equities crawled higher again on Wednesday, with the tech-heavy Nasdaq hitting yet another record high. But don't be fooled: The summer doldrums are in full force, marked by a lack of trading volume and meaningful catalysts. Yet investors don't seem to care because higher stock prices are coming as naturally as breathing right now. Stock market calm has...
    A sign is posted in front of the NVIDIA headquarters on May 10, 2018 in Santa Clara, California.Justin Sullivan/Getty Images With COVID-19 cases surging again around the world as well as growing concerns about the economic reopening, navigating the current financial landscape can be challenging. In this case, the key is to look for stocks that not only appear undervalued...
    More from: Charles Gasparino Cowardly CEOs woke political activism is a PR gimmick MLB swings and misses in political debacle to move All-Star game from Georgia Let them eat Saturdays! Goldman CEO doesnt care if you hate him ‘Share-plunge’ GameStop traders serve valuable function GE’s Immelt-down: Harsh light on in-the-dark CEO’s failure Ask Wall Street’s C-suite types about cryptocurrencies,...
    London (CNN Business)President Joe Biden kicked off a virtual climate summit on Thursday with a pledge to slash US greenhouse gas emissions by up to 52% below 2005 levels by the end of the decade.Angel Gurría, the head of the OECD, told CNN Business that the summit, which continues on Friday, is a huge step in fighting the climate crisis."It's...
    New York (CNN Business)It's been a good time to go public for high profile unicorns lately. Coinbase, Roblox and Airbnb are just a few of the major private companies to make their Wall Street debuts in recent months.But transitioning from a startup to a publicly traded firm with more investors and increased scrutiny from Wall Street analysts and government regulators...
    Traders on the New York Stock Exchange.Source: NYSE Stock futures fell slightly in overnight trading Tuesday amid a sharp decline in Netflix shares, pointing to a third straight negative day on Wall Street. S&P 500 futures dipped 0.1% and Nasdaq 100 futures fell 0.4%. Futures on the Dow Jones Industrial Average traded near the flat line. Netflix shares plunged about...
    BALTIMORE (WJZ) —  The Pratt Street Market will return on May 6. It will be open every Thursday from 11 a.m. until 2 p.m. READ MORE: 3K State Employees Will Be Relocated To Offices In Downtown Baltimore, Gov. Larry Hogan Says Enjoy some lunchtime favorites including baked goods, fresh flowers and produce. READ MORE: Baltimore County Man Arrested With Loaded...
    In this article COIN CNBC's Jim Cramer said Wednesday that he's growing worried as the dearth of sellers in bitcoin and other crypto assets has reached a "messianic" moment. "Right now there are so many cult-assets — Coinbase, cryptocurrencies, meme stocks, non-fungible-tokens — that the true believers absolutely refuse to sell," the "Mad Money" host said. "They're dumping everything else...
    WASHINGTON (AP) — The Senate has approved President Joe Biden’s choice of Gary Gensler to head the Securities and Exchange Commission, signaling an emphasis on investor protection for the Wall Street watchdog agency after a deregulatory stretch during the Trump administration. The vote Wednesday was 53-45, mostly along party lines in the narrowly Democratic-controlled Senate, to confirm Gensler, an expert...
    A showcase office tower featuring rooftop gardens could soon rise in the heart of downtown San Jose, dramatically reshaping the skyline of the Bay Area’s largest city. The San Jose City Council on Tuesday unanimously approved the Sobrato Organization’s proposal to build an 18-story office building with cascading glass facades on the corner of Market and West San Carlos, across...
    London (CNN Business)For years, Wall Street turned up its nose at America's bank stocks. Now, the sector is getting tons of love as investors eye the economic recovery, which is set to benefit big lenders.What's happening: The KBW Bank Index (BKX) has jumped almost 25% this year, while the broader S&P 500 has risen 10%. And analysts think shares of...
    Summerville Main Street is proud to host the 5th Annual Spring Market at the Dowdy on Saturday, April 17. Market hours are 10:00 a.m. -3:00 p.m. and will include arts, crafts, retail, and food vendors. This year’s market will feature a special Pet Appreciation Day addition on East Washington Street....
    In this article COINBrian Armstrong, co-founder and chief executive officer of Coinbase Inc.David Paul Morris | Bloomberg | Getty ImagesCoinbase is poised to command an astronomical valuation when the digital currency exchange goes public on Wednesday. But ask 10 market experts how the company should be valued and you'll likely get 10 answers. That's because Coinbase's current business — the...
    SAN FRANCISCO (KPIX) — The San Francisco security guard who took down the suspect in the attack against an elderly Asian woman on Market Street last month on Friday told KPIX in an exclusive interview how the incident went down. Samba Guisse works as a security guard in the Civic Center area. He was on the scene when assault suspect...
    SAN FRANCISCO (KPIX) — The San Francisco security guard who took down the suspect in the attack against an elderly Asian woman on Market Street last month on Friday told KPIX in an exclusive interview how the incident went down. Samba Guisse works as a security guard in the Civic Center area. He was on the scene when assault suspect...
    VIDEO4:1904:19Expect inflation to be worse than Wall Street's consensus, says Blackstone's Byron WienSquawk on the Street Blackstone's Byron Wien on CNBC on Friday projected that Wall Street will get hit by another correction before the bull run resumes and stocks end the year higher than current levels. Inflation will shoot up faster than most forecasts, which will drive the Federal...
    Wall Street closes with clear rises. These are the factors to consider. 1- At last all the end-of-quarter rebalances of both signs have passed and the market has shown a bullish face. 2- It must be remembered that April is a very good month for the stock markets thanks to the income in pension plans that can be...
    CHICAGO (CBS) – Police on Wednesday warned of a string of thefts from cars near the Fulton Market for the past few weeks. In each crime, the thief breaks a window of the vehicle, enters and removes property. Thefts were reported at the following estimated times: In the evening hours, Wednesday, March 10, 900 block of West Fulton Market;...
    SAN FRANCISCO (CBS SF) — An on-duty San Francisco motorcycle police officer was among the people injured in a multi-vehicle collision at Market and 8th streets late Wednesday morning, authorities said. According to SFPD, at approximately 11 a.m., a vehicle collision occurred at the intersection of Market and 8th involving several vehicles including an officer on a motorcycle. READ MORE:...
    Madrid, Mar 31 (EFE) .- The Ibex 35, the main index of the Spanish Stock Market, has opened the session down, with a decrease of 0.1%, after the losses registered on Tuesday in Wall Street and before the rise in the yields of public debt, which moves away from the level of 8,600 points. Moments after the opening, the selective...