December home sales drop 4.6%, as supply hits record low

A “Sold” sign stands outside a home following a snow fall in Geneseo, Illinois. Daniel Acker | Bloomberg | Getty Images Closed sales of previously owned homes in December fell…

Schwab Reports Record Quarterly and Full-Year Earnings Per Share

Quarterly and Annual Core Net New Assets Total $162.2 Billion and $558.2 Billion, Both Records Total Client Assets Reach a Record $8.14 Trillion at Year-end, up 22% Versus December 2020…

Stocks fall after record jump in wholesale prices, rise in jobless claims

U.S. stocks turned lower Thursday as investors considered a fresh read on weekly unemployment claims and wholesale price inflation out of Washington. Tech stock underperformed, and the Nasdaq dropped more…

California Governor Newsom Proposes Record $213 Billion Budget

(Bloomberg) — California Governor Gavin Newsom on Monday unveiled a $213 billion general fund budget for the next fiscal year, buttressed by a $45.7 billion surplus as the most populous…

Apple chipmaker TSMC notches another quarterly sales record

A man walks past TSMC’s logo at the company’s headquarters in Hsinchu, Taiwan. Sam Yeh | AFP | Getty Images Top chipmaker TSMC notched a new quarterly sales record at…

Homeowners are sitting on record equity, so here’s how to cash out

American homeowners are house rich, sitting on a record amount of home equity. Taking advantage of all that extra cash, however, becomes more difficult as interest rates rise. Soaring housing…

Apartment rent and occupancy hit record highs in November

A “For Rent” sign posted in front of an apartment building on June 02, 2021 in San Francisco, California. Justin Sullivan | Getty Images Apartment rent growth and occupancy set…

Alibaba Slides Toward Record Low While Investors Bet on JD.com

(Bloomberg) — Alibaba Group Holding Ltd.’s October rally has given way to a renewed slump that has the stock heading for a record low while technology rival JD.com Inc. is…

Schwab Reports Record Quarterly Earnings Per Share

Core Net New Assets Rise 28% Sequentially to $139.0 Billion, a Third Quarter Record Total Client Assets Reach $7.61 Trillion, up 14% Year-to-Date WESTLAKE, Texas–(BUSINESS WIRE)– The Charles Schwab Corporation…

Suze Orman says this is the only asset class that has a track record of beating inflation — don’t give up on it just yet

Suze Orman says this is the only asset class that has a track record of beating inflation — don’t give up on it just yet As inflation jumped 6.2% in…