Households’ equity ownership has reached 30%. Is a bear market near or is this just statistical noise? Learn more on the valuation of home ownership and how investors are known to do the worst thing at the worst time here.
A new documentary on Warren Buffet titled, “Becoming Warren Buffett,” was recently debuted by a major television network. Read about his life and how he became a brilliant investor in this review here.
The Commerce Department has announced U.S. home construction is lagging despite the rising economic demand. Discover by how much and what factors are playing a significant part here.
What U.S. state currently has the lowest construction unemployment rate, leaving the state unable to keep up with population gains and vulnerable to losing its economic momentum? Find out here.
Apartment rents in some of the most expensive U.S. cities are falling for the first time since 2010. Find out what cities made the list and why here.
U.S. household income posted a record increase in 2015 after years of stagnation, suggesting the recovery from the Great Recession was finally lifting ordinary citizens who had been largely left behind. Read the full story here.
The Wall Street Journal reported the labor market added 255,000 jobs in July, a healthy gain. But that was a seasonally adjusted number. In reality, the labor market shed more than one million jobs. Read more here.
Ever heard of Pokemon Go? Well with much success, the Nintendo Co. shares plunged by the most since 1990 after the company stated that the financial benefits from the worldwide hit Pokemon Go will be “limited.” Read more about the game and predicted profits here.
New York, like many exchanges, has a bell. At Brazil’s main exchange in São Paulo, executives herald listings with a giant buzzer. At Shanghai and Hong Kong exchanges, they strike a gong. In Johannesburg, CEOs can literally toot their own horn. Read more.
Warren Buffett has a message for presidential candidates and others who are down on the U.S. economy: You are “dead wrong.” In his annual letter to shareholders released Saturday, the chief executive of Berkshire Hathaway Inc. reaffirmed his confidence in the future of the country, saying that America’s “golden goose of commerce and innovation will continue to lay more and larger eggs.” Read the full letter here.