Economy - Finance > Housing

The Latest: Giroir: Cases, hospitalizations, deaths up in US

27 days ago   |   By Stl Today

WASHINGTON - A member of the White House coronavirus task force says the increase in U.S. cases isn't just because of more testing.
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2 of the youngest Black women to raise more than $1 million in VC share how they turned investor questions loaded with implicit bias into chances to pitch their startup

2 of the youngest Black women to raise more than $1 million in VC share how they turned investor questions loaded with implicit bias into chances to pitch their startup

27 days ago   |   By Business Insider

Summary List Placement
Edlyft cofounders  Arnelle Ansong and Erika Hairston knew from the get-go that only a miniscule amount of U.S. venture capital funding goes to startups run by people of color - just 2.6% has has gone to Black and Latinx founders in 2020, according to Crunchbase. So when investors asked them questions loaded with implicit bias, they knew how to answer.
"I created almost a language translation," Hairston told Business Insider.
Turning questions into opportunities was a key strategy they used to secure funding for their tutoring startup. On Wednesday Edlyft announced...
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MBA: Mortgage Applications Increase in Latest Weekly Survey

MBA: Mortgage Applications Increase in Latest Weekly Survey

27 days ago   |   By Calculated Risk

From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 1.7 percent from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending October 23, 2020.
... The Refinance Index increased 3 percent from the previous week and was 80 percent higher than the same week one year ago. The seasonally adjusted Purchase Index increased 0.2 percent from one week earlier. The unadjusted Purchase Index decreased 0.3 percent compared with the previous week and was 24 percent higher than...
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Asia Today: India's confirmed virus cases near 8 million

Asia Today: India's confirmed virus cases near 8 million

27 days ago   |   By Chron

NEW DELHI - India's tally of confirmed coronavirus cases is moving closer to 8 million, with 43,893 new cases reported in the latest 24-hour period.
The total reported Wednesday includes the highest single-day number of cases for New Delhi, the Indian capital - 4,853.
The Health Ministry also reported 508 fatalities from COVID-19 across India in the past 24 hours, raising the total to 120,010.
India's caseload is second in the world behind the United States, which has over 8.7 million confirmed cases.
In September, India hit a peak of nearly 100,000 reported cases in a single day, but...
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The Latest: UN: Over 2 million virus cases in just 1 week

27 days ago   |   By Chron

LONDON - The World Health Organization said countries globally reported more than 2 million confirmed coronavirus cases last week - the shortest time ever for such an exponential increase since the pandemic began.
In a weekly analysis of COVID-19, WHO said for the second consecutive week, the European region accounted for the biggest proportion of new cases, with more than 1.3 million reported cases or about 46% of the worldwide total. The U.N. health agency said deaths were also on the rise in Europe, with about a 35% spike since the previous week.
“Although the number of deaths is...
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Billionaire investor Byron Wien says the stock market may be getting ahead...

Billionaire investor Byron Wien says the stock market may be getting ahead of itself as the Dow passes 30,000 - but tells long-term investors not to worry

Summary List Placement Billionaire investor Byron Wien told CNBC that the stock market may be getting ahead of itself as the Dow passed 30,000 for the first time ever on... Read more ...

US home prices climb record 3.1% as low mortgage rates fuel housing-market boom

US home prices climb record 3.1% as low mortgage rates fuel housing-market boom

Summary List Placement US home prices gained a record 3.1% in the third quarter as historically low mortgage rates boosted demand through the summer, the Federal Housing... Read more ...

Warren Buffett wants more small-business aid, less income inequality, and a...

Warren Buffett wants more small-business aid, less income inequality, and a robust economic recovery. He'll be happy to have Janet Yellen as treasury secretary

Summary List Placement Warren Buffett is likely pleased that President-elect Joe Biden intends to appoint Janet Yellen as treasury secretary. The billionaire investor and... Read more ...

BlackRock is paying $1 billion in cash for a wonky fund business. Here's why...

BlackRock is paying $1 billion in cash for a wonky fund business. Here's why customized index funds are having a moment

Summary List Placement BlackRock's plans to buy a firm specializing in customized portfolios is a sure sign that clients' expectations for personalized investments are rising... Read more ...

Case-Shiller: National House Price Index increased 7.0% year-over-year in...

Case-Shiller: National House Price Index increased 7.0% year-over-year in September

S&P/Case-Shiller released the monthly Home Price Indices for September ("September" is a 3 month average of July, August and September prices). This release includes prices for... Read more ...

Evercore debuts 'rebound portfolio' designed to outperform amid vaccine...

Evercore debuts 'rebound portfolio' designed to outperform amid vaccine progress and a rapid economic recovery

Summary List Placement Evercore ISI revealed its "Rebound Portfolio" on Monday, laying out which stocks it expects to outperform as the US economy bounces back. The rollout of... Read more ...

Salesforce's VC arm just made a 'small' investment in marketing analytics...

Salesforce's VC arm just made a 'small' investment in marketing analytics startup AppsFlyer, bumping its valuation to $2 billion

Summary List Placement Marketing analytics company AppsFlyer just received a vote of confidence in the form of a small investment from Salesforce's venture capital arm. The... Read more ...

'We see tremendous value in private real assets' - Here's how the world's...

'We see tremendous value in private real assets' - Here's how the world's biggest wealth manager recommends investors hunt for yield in 2021, including 3 alternatives to owning bonds

Summary List Placement "Look it's obviously been a roller coaster year," said UBS asset management's head of investments, Barry Gill, at a media event. But the question is now... Read more ...

Why Janet Yellen is a great pick for Treasury secretary

Why Janet Yellen is a great pick for Treasury secretary

Good morning. I'm delighted my former macroeconomics professor, Janet Yellen, appears to be Biden's choice for Treasury Secretary. It was long ago , but her crystal-clear and... Read more ...

Finance sector embraces VR to make remote working more interesting

Finance sector embraces VR to make remote working more interesting

VR has been seized on by the financial sector as a way of enlivening home working for lonely traders or isolated executives. Read more ...