A push to tax the real estate of the wealthy has sparked a backlash among brokers and potential buyers, who say the taxes punish the most important local spenders.
Category: Finance News
Here’s how the U.S. Open’s signature Honey Deuce cocktail price stacks up against inflation
CNBC compared the Honey Deuce’s price growth since 2015 against the CPI basket.
This Chinese property stock is defying the slump and poised to soar, Barclays predicts
One Chinese property company is not only defying the market slump but also returning money to shareholders.
‘We shouldn’t ignore this:’ Longtime investor Rebecca Patterson warns Trump could damage Fed independence
Politicizing the Fed could have long-term economic consequences, according to former Bridgewater Associates chief investment strategist Rebecca Patterson.
Here’s what it really means for Trump to get control of the Federal Reserve board
Since taking office in January, Trump has placed the Fed directly in the crosshairs of executive power.
Stocks making the biggest moves midday: Petco Health, Celsius, Affirm, Caterpillar & more
These are the stocks posting the largest moves midday.
Core inflation rose to 2.9% in July, highest since February
The personal consumption expenditures price index was expected to show core inflation at 2.9% and headline inflation at 2.6%.
Stocks making the biggest moves premarket: Alibaba, Ulta, Dell Technologies, Caterpillar & more
See which stocks are posting big moves before the bell.
Fed’s Waller, a candidate for chair, sees potential for half-point cut if labor market weakens further
Waller said he believes the Fed can use its power over rates to stave off further labor market weakening. “So, let’s get on with it,” he said.
German inflation rises to hotter-than-expected 2.1% in August
Markets and economists are closely watching inflation figures around the world to assess the impact of U.S. President Donald Trump’s tariff policies.