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Tag: Private Equity

Institutional investors have bought hundreds of thousands of single-family homes, many in Black communities. Critics say it’s creating a ‘generation of renters’

Posted on June 29, 2022 By admin No Comments on Institutional investors have bought hundreds of thousands of single-family homes, many in Black communities. Critics say it’s creating a ‘generation of renters’
Institutional investors have bought hundreds of thousands of single-family homes, many in Black communities.  Critics say it’s creating a ‘generation of renters’

Democratic lawmakers are scrutinizing whether the American dream of a suburban home and white picket fence is being seized upon by large institutional investors, costing working people a shot at property ownership. The House Financial Services Subcommittee on Oversight and Investigations held the virtual panel Tuesday, titled “Where Have All the Houses Gone? Private Equity,…

Read More “Institutional investors have bought hundreds of thousands of single-family homes, many in Black communities. Critics say it’s creating a ‘generation of renters’” »

Investment

US stocks bounce back after a sluggish session

Posted on June 28, 2022 By admin No Comments on US stocks bounce back after a sluggish session
US stocks bounce back after a sluggish session

US stocks rose on Tuesday, finding support after China moved to ease some COVID-19 restrictions, though worries about both inflation and the threat of recession were seen limiting gains. What’s happening The Dow Jones Industrial Average DJIA rose 150 points, or 0.5%, to 31,589. The S&P 500 SPX gained 12 points, or 0.3%, to trade…

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Investment

US stock indexes book biggest daily drop in over a week despite strong economic data

Posted on June 27, 2022 By admin No Comments on US stock indexes book biggest daily drop in over a week despite strong economic data
US stock indexes book biggest daily drop in over a week despite strong economic data

Major US stock indexes posted their biggest declines in more than a week on Monday as investors weighed stronger-than-expected data on durable goods against expectations for a slowing economy that could limit the magnitude of Federal Reserve rate increases. What happened The Dow Jones Industrial Average DJIA, -0.20% finished down by 62.42 points, or 0.2%,…

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Investment

This ‘underappreciated’ black swan could bring fresh chaos to the global economy

Posted on June 27, 2022 By admin No Comments on This ‘underappreciated’ black swan could bring fresh chaos to the global economy
This ‘underappreciated’ black swan could bring fresh chaos to the global economy

New week, same bounce. Stock futures point to fresh gains as investors grow optimistic that a bond rout is ending, and the Fed’s rate-hike plans will get pruned due to a global slowdown. Of course, that optimism comes as discontent grows around the world from high commodity prices that have driven up food prices, crimped…

Read More “This ‘underappreciated’ black swan could bring fresh chaos to the global economy” »

Investment

Dow jumps 700 points as stocks bounce back from worst week since 2020

Posted on June 21, 2022 By admin No Comments on Dow jumps 700 points as stocks bounce back from worst week since 2020
Dow jumps 700 points as stocks bounce back from worst week since 2020

US stocks rose sharply on Tuesday after a three-day holiday weekend, following the worst weekly performance for equities in more than two years. What’s happening The Dow Jones Industrial Average DJIA was up 733 points, or 2.5%, at 30,621. The S&P 500 SPX gained 101 points, or 2.7%, to trade at 3,775. The Nasdaq Composite…

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Investment

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