Economy - Finance > United States

POLICY REVEAL: How a Joe Biden presidency will affect real estate

12 days ago   |   By Business Insider

Summary List Placement
Joe Biden has been elected the 46th president of the United States. And as he approaches taking office on January 20, his policy proposals loom. His housing plan suggests big changes lie ahead for the real-estate industry.
Biden's stated goals - which include implementing a $15,000 tax credit for first-time homebuyers and closing the racial wealth gap in housing - affect all socioeconomic classes.
Ultrawealthy real-estate investors, middle-class homeowners, renters in underserved communities, and everyone in between are all poised to have their lives changed by a...
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Trump's defeat by Joe Biden has triggered a huge wave of relief among the United States' European allies

Trump's defeat by Joe Biden has triggered a huge wave of relief among the United States' European allies

12 days ago   |   By Business Insider

Summary List Placement There was a huge collective sigh of relief in Berlin when it became clear that Joe Biden had beaten Donald Trump in the presidential election earlier this month.
"People were so relieved that Biden won because there was not really a plan B in case Trump won," said Jana Puglierin, head of the Berlin office for the European Council on Foreign Relations. "I cannot think of anybody who was not relieved in political Berlin."
There is a widespread consensus in European capitals that the Democratic challenger's victory will be a good thing for the transatlantic...
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How to spot a deepfake, according to experts who clocked the fake persona behind the Hunter Biden dossier

How to spot a deepfake, according to experts who clocked the fake persona behind the Hunter Biden dossier

12 days ago   |   By Business Insider

Summary List Placement
A shocking dossier intended to detonate a bomb under Joe Biden's presidential campaign was defused after a researcher spotted its author was a computer-generated deepfake.
A document penned by Typhoon Investigations began circulating in right-wing circles from September and alleged compromising ties between Biden's son Hunter Biden and China.
But "Martin Aspen", the document's purported author, isn't real. His likeness was produced by a generative adversarial network , a branch of artificial intelligence, and the report's allegations were baseless.
Disinformation...
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Twitter says it will hand over the official presidential account to Joe Biden on Inauguration Day

Twitter says it will hand over the official presidential account to Joe Biden on Inauguration Day

12 days ago   |   By Business Insider

Summary List Placement
President-elect Joe Biden will be handed over the official POTUS account when he's sworn in on Inauguration Day, Twitter said in a statement on Friday.
"Twitter is actively preparing to support the transition of White House institutional Twitter accounts on January 20th, 2021," a Twitter spokesperson said in a statement, according to The Verge. "As we did for the presidential transition in 2017, this process is being done in close consultation with the National Archives and Records Administration."
The social media company plans to do the same for other Twitter...
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OPEC To Modestly Boost Output, Ending Divisive Talks Amid Uncertain Global...

OPEC To Modestly Boost Output, Ending Divisive Talks Amid Uncertain Global Economy

The group had been expected to delay production increases for several months, given the ongoing impact of the coronavirus pandemic. But after days of deliberations they agreed... Read more ...

Hotels: Occupancy Rate Declined 28.5% Year-over-year

Hotels: Occupancy Rate Declined 28.5% Year-over-year

From HotelNewsNow.com: STR: US hotel results for week ending 28 November U.S. weekly hotel occupancy fell to its lowest level since late May, according to the latest data from... Read more ...

9 reasons the Amex Platinum is a great card for holiday shopping, from bonus...

9 reasons the Amex Platinum is a great card for holiday shopping, from bonus points to discounts on purchases

Summary List Placement The Platinum Card® from American Express comes with numerous benefits that can help make holiday shopping cheaper and more rewarding. Statement credits... Read more ...

A real estate limited partnership is like a private fund that lets you...

A real estate limited partnership is like a private fund that lets you profit passively from large property investments

Summary List Placement Real estate can be an excellent addition to your investments, not only for its own potential for appreciation and income but also for the diversification... Read more ...

Saudi Arabia's wealth fund plans to raise $7 billion to plow into new...

Saudi Arabia's wealth fund plans to raise $7 billion to plow into new investments, report says

Summary List Placement Saudi Arabia's Public Investment Fund, which is among the largest in the world, seeks to raise $7 billion in loans for new investments, Bloomberg... Read more ...

Billionaire investor Paul Tudor Jones forecasts the economy will see an...

Billionaire investor Paul Tudor Jones forecasts the economy will see an 'absolute supersonic boom' in 2021

Summary List Placement Billionaire investor Paul Tudor Jones told Yahoo Finance the economy will see an explosion of growth next year as the coronavirus vaccine unleashes... Read more ...

Weekly Initial Unemployment Claims decreased to 712,000

Weekly Initial Unemployment Claims decreased to 712,000

The DOL reported : In the week ending November 28, the advance figure for seasonally adjusted initial claims was 712,000, a decrease of 75,000 from the previous week's revised... Read more ...

ISM Services Index Decreased to 55.9% in November

ISM Services Index Decreased to 55.9% in November

The November ISM Services index was at 55.9%, down from 56.6% last month. The employment index increased to 51.5%, from 50.1%. Note: Above 50 indicates expansion, below 50... Read more ...

How LendingTree reduced call times, increased leads, and saved $145,000 a year

How LendingTree reduced call times, increased leads, and saved $145,000 a year

Summary List Placement LendingTree knew it needed to improve information flows as the company experienced fast growth. The business is complex: It's an online broker that... Read more ...

Some Whole Foods workers say they're stressed out and frustrated as COVID...

Some Whole Foods workers say they're stressed out and frustrated as COVID cases rise ahead of the holidays, and it's a symptom of a national crisis among America's grocery store workers

Summary List Placement At a Whole Foods store in South Florida earlier this year, some employees received kitchen timers from management, who asked the workers to set them for... Read more ...