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Every new electric car you can buy in the US right now, from the cheapest to the most expensive

1 month ago   |   By Business Insider

There are more than a dozen fully electric, mass-production sedans, sports cars, and SUVs available to US buyers today.
They vary greatly in terms of cost, range, and power. The priciest model costs almost $200,000, while the most affordable cars clock in at around $30,000.
Those with the most range can travel upwards of 300 miles on a charge, while some offer less than half of that.
Visit Business Insider's homepage for more stories .
Plenty of exciting electric cars are on the horizon, including a go-anywhere pickup from Rivian , a new crossover from Tesla , and an all-electric Ford...
Read more ...

 

Retail group sees solid sales growth this year

Retail group sees solid sales growth this year

1 month ago   |   By Chron

NEW YORK - The nation's largest retail trade group forecasts that retail sales should grow between 3.5% and 4.1% to more than $3.9 trillion this year despite uncertainty from the lingering trade war, the new virus and the presidential election.
The forecast from the National Retail Federation, released Wednesday, is in line with the 3.7 % preliminary gain in 2019 compared with 2018. The figures exclude sales from automobile dealers, gas stations and restaurants.
The forecast assumes that the new virus doesn't become a global pandemic, but it said that business confidence and retail sales...
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New Home Sales Spike - But Homebuilders Still Need To Step It Up

1 month ago   |   By Forbes

New home sales surged last month, but builders still have a lot of work to do if they're going to meet the demands of average Americans.
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US new home sales surge to 12.5-year high in January

1 month ago   |   By CNBC

The Commerce Department said on Wednesday new home sales jumped 7.9% to a seasonally adjusted annual rate of 764,000 units last month, the highest level since July 2007. Housing market strength could help keep the economic expansion, now in its 11th year, on track. The sector, which accounts for about 3.1% of GDP, is being supported by cheaper mortgage rates after the Federal Reserve cut interest rates three times last year. CNBC's Diana Olick reports.
Read more ...

 

A few Comments on January New Home Sales

A few Comments on January New Home Sales

1 month ago   |   By Calculated Risk

New home sales for January were reported at 764,000 on a seasonally adjusted annual rate basis. Sales for the previous three months were revised up, combined.
This was the highest sales rate since July 2007.
Earlier: New Home Sales increase to 764,000 Annual Rate in January .
Read more ...

 

New-home sales surge in January

1 month ago   |   By Inman

Sales of new, single-family homes rose 7.9 percent to a seasonally adjusted rate of 764,000 from December to January, according to census data.
Read more ...

 

US new-home sales climbed 7.9% in January

1 month ago   |   By Chron

WASHINGTON - U.S. sales of new homes jumped 7.9% in January to the fastest pace in more than 12 years, a positive sign for economic growth.
The Commerce Department said Wednesday that new homes sold at a seasonally adjusted annual rate of 764,000 last month. That's the highest sales rate since July 2007, shortly before the U.S. economy slumped into the Great Recession.
Half of January's sales gains came from people buying homes that have yet to be constructed, possible evidence that low mortgage rates may be driving their decisions to purchase. Borrowing costs for home loans have tumbled...
Read more ...

 

Streaming hits new milestone, accounts for nearly 80 percent of US music revenue in 2019

1 month ago   |   By Fast Company

Oddly enough, revenue from vinyl was up a whopping 19% in 2019, too.
The Recording Industry Association of America has released a report examining music sales trends for the full 2019 calendar year. The report, as noted by Variety , shows that U.S. revenues of recorded music grew by 13% to $11.1 billion last year. The driver of that growth? Streaming music services.
Read more ...

 

New Home Sales increase to 764,000 Annual Rate in January

New Home Sales increase to 764,000 Annual Rate in January

1 month ago   |   By Calculated Risk

The Census Bureau reports New Home Sales in January were at a seasonally adjusted annual rate of 764 thousand.
The previous three months were revised up, combined.
"Sales of new single‐family houses in January 2020 were at a seasonally adjusted annual rate of 764,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 7.9 percent above the revised December rate of 708,000 and is 18.6 percent above the January 2019 estimate of 644,000." emphasis added
Read more ...

 

Alert: US new-home sales rose 7.9% in January, as buyer demand pushed prices up 14% from a year ago

1 month ago   |   By Chron

WASHINGTON - US new-home sales rose 7.9% in January, as buyer demand pushed prices up 14% from a year ago.
Read more ...

 


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Economy On Lockdown: Jobless Rate Could Be Highest Since WWII

Economy On Lockdown: Jobless Rate Could Be Highest Since WWII

As efforts to slow the coronavirus pandemic temporarily put millions of Americans out of work, forecasters are predicting a record slowdown in the U.S. economy. Read more ...

How to defer your bill payments if you've been financially affected by the...

How to defer your bill payments if you've been financially affected by the coronavirus

If you've been financially impacted by the coronavirus, you may be able to defer payments on your mortgage, credit card, auto loan, private student loan, or personal loan. Many... Read more ...

March consumer confidence plunge indicates ‘a severe contraction rather than...

March consumer confidence plunge indicates ‘a severe contraction rather than a temporary shock'

American consumers-the backbone of the economy-are feeling less confident as households start to feel the pain of the coronavirus slowdown. Consumer confidence dropped sharply... Read more ...

Marriott says at least 5.2 million guests' personal information was likely...

Marriott says at least 5.2 million guests' personal information was likely breached - the company's second major security incident in 2 years

5.2 million Marriott guests' information wasn't secured properly for more than a month in 2020, the hotel chain said Tuesday, and was possibly accessed by unauthorized... Read more ...

Google and Facebook will offer small businesses ad credits and grants

Google and Facebook will offer small businesses ad credits and grants

This story was delivered to Business Insider Intelligence Digital Media Briefing subscribers earlier this morning. To check to see if you already have access to Business... Read more ...

Trump Administration Weakens Auto Emissions, Rolling Back Key Climate Policy

Trump Administration Weakens Auto Emissions, Rolling Back Key Climate Policy

The Trump administration is replacing Obama-era fuel economy standards with weaker ones that will allow for more air pollution. Groups are already lining up to challenge the... Read more ...

The Coronavirus Economy: What it means to be a travel influencer when no one...

The Coronavirus Economy: What it means to be a travel influencer when no one can travel anywhere

Subscribe to Fortune 's Outbreak newsletter for a daily roundup of stories on the coronavirus outbreak and its impact on global business. Lifestyle blogger and content creator... Read more ...

VCs say that they're waiting for the 'new normal' before making big new...

VCs say that they're waiting for the 'new normal' before making big new startup investments: 'Whether they admit or not, everybody's in a little bit of a wait and see period'

VCs are preparing themselves for "a new normal" as the coronavirus outbreak continues to push people into quarantine and batter markets. Deal flow, which has already dropped... Read more ...

A tech incubator inside the former US consulate building in Mexico is...

A tech incubator inside the former US consulate building in Mexico is helping startups succeed in the cross-border economy

The border between Ciudad Juárez, Mexico and El Paso, Texas, is a crucial manufacturing corridor where high-skilled labor is increasingly in demand. The Bridge Accelerator... Read more ...

Paul Krugman: The US economy is in a 'medically induced coma' and needs...

Paul Krugman: The US economy is in a 'medically induced coma' and needs massive fiscal aid to weather the coronavirus

Major parts of the US economy have been suspended to combat the spread of the novel coronavirus, and a surge in government spending is essential to offset the slowdown, Paul... Read more ...