What happens when you can’t pay your monthly bills? Keeping up with them is challenging enough if you live paycheck to paycheck. It can become even more difficult if you experience a drop in income due to a layoff or job loss. Unemployment benefits can help to cover the gap financially, but those payments don’t
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Traders on the floor of the New York Stock Exchange. Source: NYSE The reopening story is now getting very real, at least for Wall Street. Today’s crop of earnings reports are chock-full of companies reporting earnings above expectations and, most importantly, raising guidance. Take steel maker Nucor, which reported what CEO Leon Topalian called the
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The first three months of 2021 saw the strongest quarter for Hamptons home sales in six years, continuing the trend of suburbs and rural vacation areas seeing record growth and a lack of inventory during the pandemic. There were 509 home sales in the Hamptons, up nearly 50% from 343 sales in the first quarter
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Spots number one, seven and nine were the only firms that stayed put in the top municpal bond counsel rankings and there were three newcomers to the top 10. The top bond counsels combined for a total of $103.707 billion in 2,674 transactions in the first quarter of 2021, up from the $87.762 billion in
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American depositary shares (ADS) come into play when a foreign company wants its shares to trade on a major American exchange as U.S. dollar-denominated equity. Securities laws prevent foreign corporations that have shares trading in a foreign market to directly list their shares on U.S. stock exchanges (exceptions do occur, such as for Canadian companies). How ADS and
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Mario Draghi will next week unveil a €221bn recovery package for a radical restructuring of Italy’s economy as it seeks to bounce back from its deepest recession since the second world war. The plan, which features big-ticket investments in high-speed rail and green energy, as well fully digitalising the country’s public administration, will draw on
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Take a look at some of the biggest movers in the premarket: Verizon (VZ) – Verizon reported quarterly earnings of $1.31 per share, 2 cents a share above estimates. Revenue also beat analysts’ forecasts. Verizon lost more wireless subscribers during the quarter than analysts had been anticipating. Welbilt (WBT) – Welbilt shares surged 14.8% in
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Zoom, Microsoft Teams, Google Meet, and many other similar services have rapidly become staples of the real estate and larger business worlds. We have all learned to videoconference. But videoconferencing may produce some awkward surprises if we aren’t careful. Videoconferencing software often allows the conference to be recorded. Once recorded, the resulting data files can
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Ballard Spahr LLP has hired four attorneys from White and Williams LLP known for their work in real estate and commercial finance, mergers and acquisitions, according to licensing and corporate counseling firm chair Mark Stewart. The four began Monday. Partner Maulin Vidwans and of counsel Jennifer Santangelo joined the firm’s finance department. Partner Ryan Udell
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United Airlines Earnings Results Metric Beat/Miss/Match Reported Value Analysts’ Prediction Adjusted EPS Miss -$7.50 -$6.89 Revenue Miss $3.2 billion $3.6 billion Load factor Miss 56.8% 58.5% Source: Predictions based on analysts’ consensus from Visible Alpha Key Takeaways United’s load factor fell short of analyst predictions and dropped significantly year over year. As a measure of
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A Minneapolis jury has reached a verdict in the trial of Derek Chauvin, the former police officer charged with killing George Floyd, whose death last year set off global protests over race and policing. The verdict will be announced between 4:30pm and 5pm Eastern Time, court officials said on Tuesday. The trial in Minneapolis has
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Trade relations between the U.S. and the European Union (EU) hit another rough patch in recent years. Former President Donald Trump and his administration threatened to impose additional duties on EU exports worth $11 billion in retaliation for the bloc granting aircraft manufacturer Airbus illegal subsidies. The World Trade Organization (WTO) ruled that the subsidies
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Rendering of a United Launch Alliance’ Atlas V rocket carrying Amazon satellites. ULA/Amazon Amazon is preparing to send its first Project Kuiper internet satellites into orbit, with Jeff Bezos‘ company announcing on Monday that it signed a contract with United Launch Alliance for nine launches. ULA, a joint venture of Boeing and Lockheed Martin, will
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Investors usually focus on the nominal rate of return on their investments, but the real rate of return is what really matters. So, if someone told you about a security that guarantees a real rate of return over inflation with no credit risk, you would, of course, be interested. When constructing a portfolio, investors should
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Mutual funds have become an incredibly popular option for a wide variety of investors. This is primarily due to the automatic diversification they offer, as well as the advantages of professional management, liquidity, and customizability. Key Takeaways Mutual funds are popular in part because they offer investors the opportunity to diversify, and therefore spread out
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