Tag: corporate
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Manhattan Apartment Sales Cooled in June. Why Prices Are Still Red-Hot.
Text size Though the number of new sales contracts for apartments is falling, prices remain sky-high. Spencer Platt/Getty Images Manhattan’s sizzling real estate market is cooling off as rising interest and mortgage rates have doused demand. New signed contracts for Manhattan co-ops and condos fell 30% in June compared with the same month last year, ... -
The Home-Goods Boom Is Over, Leaving the Bed and Bath Stocks High and Dry
Text size Bed Bath & Beyond reported plummeting sales, raising doubts over whether it can pull off a turnaround. David Paul Morris/Bloomberg Three bathroom merchants slipped on a bar of soap this past week. I’m not big on arbitrary stock market definitions, but I’m pretty sure that’s known as a bearish nude sprawl. Technically, it ... -
Investment bank fees fall by $24bn as deal boom loses steam
Dealmaking fees at top investment banks slumped by as much as 56% during the first half of 2022, as recessionary fears and rising interest rates have halted a boom that broke records last year. A sharp downturn in equity capital markets activity, as both the surge in special purpose acquisition companies last year tumbled and initial public offerings ... -
I’m close to retirement and I own 2 homes. If I sell my primary home, I’ll get $100K. My plan is to rent a place for $1,400. Is that a good idea?
Dear MarketWatch, I am a year and a half away from retiring. I own a home in Illinois and a modest vacation home in Wisconsin. I would like to sell my primary home, and save several hundred dollars per month. I would end up with $100,000 cash from the sale. I would like to rent ... -
‘It’s nuts’: Real estate agents describe chaos in New York City’s hot rental market and more than half of Americans are living paycheck to paycheck, making them more vulnerable to recession
Hi, MarketWatchers. Don’t miss these top stories. ‘There seems to be little relief in sight’: More than half of Americans are living paycheck to paycheck, making them more vulnerable to recession People living paycheck to paycheck were more likely to have experienced financially distressing events at some point over the last three years. Read More ... -
‘She has a poor work ethic’: I rent out rooms in a single-family home. I charge $1,300 per room, but my sister only pays $800. Should I ask her to pay more?
Dear Quentin, I own a rental property single-family home. I rent the rooms out individually for $1,200 per month plus utilities (about $1,300 all in). I have a very good track record of maintaining full occupancy. One of the tenants is my sister, who has lived in the house for 10 years. Due to our ... -
Eargo Shares Drop 14% After Investment from Patient Square Capital
By Chris Wack Eargo Inc. shares were down 14% to $1.08 Monday after the medical device company said it has signed a definitive agreement with Patient Square Capital to raise $100 million through the sale of senior secured convertible notes, with an additional $25 million future investment subject to certain conditions. The company said it ... -
What It Takes to Buy Your First Home Now
Dylan Holland and Breanna Cameron started shopping for their first home in the Atlanta suburbs in December 2021, with a budget of about $350,000. They quickly discovered they would have to do a lot more than they had planned to get a home. The couple wanted to buy before Mr. Holland’s lease ended in July ... -
U.S. investment-grade corporate bond funds and ETFs suffer largest weekly outflows of the year
Investors withdrew billions of dollars out of U.S. investment-grade corporate bonds and related exchange-traded funds over the past week as the Federal Reserve’s aggressive rate hikes plans feed fears of an economic downturn. U.S. high-grade funds and ETFs saw the biggest weekly outflows of $8.9 billion in the week ended on June 22 from a ... -
The FDA Bans Juul Vapes. What Now for Altria’s Investment?
Text size Juul can appeal the FDA ban if it chooses. Mario Tama/Getty Images The Food and Drug Administration has banned all of Juul Labs’ vape products from the U.S. market in a widely anticipated move that had already been discounted in shares of Altria Group, the cigarette maker that paid $13 billion in 2018 ...
