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Wait. Why is Reddit losing so much money?

Tue, 02/27/2024 - 15:11

Reddit is losing money, it reports in its IPO documents. But why? It's at least partly because of R&D spending.

SOPA Images/Getty Images

Tech, Markets, Reddit, reddit-ipo, steve-huffman, twitter, x

The office market is so bleak that Canada's largest pension fund sold its stake in an NYC building for $1

Tue, 02/27/2024 - 15:03

New York City at dusk. — A Canadian pension fund sold its stake in a New York office building for $1.
AerialPerspective Images

Real Estate, Markets, office, commercial-real-estate, real-estate, housing-market, office-market

Home prices continued to soar higher across the US in the 4th quarter

Tue, 02/27/2024 - 13:04

A row or houses in Texas — While housing prices are significantly cheaper in Texas compared to California, property taxes are not.
Getty Images

Real Estate, Markets, real-estate, housing-prices, housing-affordability, home-price-appreciation, housing-values

'If you see a home you love, don't wait': How homebuyers should react to falling mortgage rates, according to Realtor.com

Tue, 02/27/2024 - 12:18

A real estate agent holding a house key — Getty Images

Real Estate, Markets, Homebuyer, housing-market, mortgage-rates, housing-market-inventory, fed-interest-rates

5 indicators showing the economy isn't as strong as people think, according to top economist Dave Rosenberg

Tue, 02/27/2024 - 10:34

Tech Insider : Economy

David Rosenberg — CNBC

economy, Markets, us-economy-outlook, gdp-forecast, gdp-data, jobs-data, housing-starts

A hard-landing recession is guaranteed as the full impact of Fed rate hikes have yet to hit the economy, Morgan Stanley's chief economist says

Tue, 02/27/2024 - 10:18

Tech Insider : Economy, Economy

Market crash graphic — Market crash graphic
Getty Images

economy, Markets, Recession, recession-2024, recession-outlook, economy, us-economy-outlook

The 'Wizard of Wharton' says a tech bubble may be forming - and AI stocks like Nvidia could crash

Tue, 02/27/2024 - 10:11

jeremy siegel point — Jeremy Siegel.
Getty Images

Markets, Tech, mi-exclusive, Markets, Stocks, jeremy-siegel, wharton-school-of-business

Jamie Dimon says the US can avoid a commercial real estate crisis if the economy sticks a soft landing

Tue, 02/27/2024 - 07:40

Tech Insider : Economy, Economy

Jamie Dimon — Jamie Dimon.
Brooks Kraft LLC/Corbis via Getty Images

economy, Markets, mi-exclusive, economy, soft-landing, real-estate, banking-turmoil

Shein is considering moving its massive IPO from New York to London amid scrutiny over its supply chains and ties to China

Tue, 02/27/2024 - 04:27

Shoppers Ashley Sanchez, right, of Fontana, and Joscelin Flores are among the first group of shoppers taking the opportunity to shop on the opening day of fast fashion e-commerce giant Shein, which is hosting a brick-and-mortar pop up inside Forever 21 at the Ontario Mills Mall in Ontario Thursday, Oct. 19, 2023. — Shoppers at a brick-and-mortar pop-up inside Forever 21 at the Ontario Mills Mall in Ontario, Canada.
Allen J.

Retail, Markets, News, Shein, IPO, Retail, Markets

A US soft landing would only be possible through fiscal measures like student-loan forgiveness and tax cuts, economist says

Mon, 02/26/2024 - 16:07

Tech Insider : Economy

US Capitol building in Washington, DC. — US Capitol building in Washington, DC.
Getty Images

economy, Markets, us-economy-outlook, soft-landing, Recession, fiscal-spending, student-loan-forgiveness

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