Are companies like Zillow ZG, -3.40% and Redfin RDFN, +4.57% manipulating home prices by purchasing properties across the country? That’s what one real-estate agent claims in a video that went viral on the social-media platform TikTok — but real-estate experts say the reality is much more complicated. In a video that’s garnered more than 2.4
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What Is Federal Pandemic Unemployment Compensation? The Federal Pandemic Unemployment Compensation (FPUC) program, authorized by the CARES Act and renewed by subsequent legislation and a presidential order, initially provided $600 per week in extra unemployment benefits to unemployed workers in states that opted into the program. In August 2020, the additional payment was lowered to
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Joby (NYSE:JOBY) appears to have most of the ingredients necessary to enable JOBY stock to (pardon the pun) eventually take off. Source: T. Schneider / Shutterstock.com Specifically, the air-taxi company has proven technology, a service that should generate strong demand, a highly accomplished CEO, impressive backers and a fairly reasonable valuation. When it comes to
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The 10-year Treasury yield breached 1.45% on Friday to hit its highest level in almost three months as investors continued to react to the Federal Reserve’s policy announcement on Wednesday. Of particular interest to bond investors was the central bank’s signal that the tapering of $120 billion of monthly bond purchases “may soon be warranted.”
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Vlad Tenev, CEO and Co-Founder of Robinhood, in his office on July 15, 2021 in Menlo Park, California. Kimberly White | Getty Images Entertainment | Getty Images Robinhood executives had a lot to talk about the week Reddit users were driving a historic short squeeze in GameStop. New documents in a lawsuit allegedly show internal
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Federal Reserve Chair Jerome Powell testifies during a U.S. House Oversight and Reform Select Subcommittee hearing on coronavirus crisis, on Capitol Hill in Washington, U.S., June 22, 2021. Graeme Jennings | Reuters After Monday’s market turbulence, the Federal Reserve’s challenge will be to sound reassuring while acknowledging it’s preparing to make its first major step
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Aterian (NASDAQ:ATER) is a consumer products platform that, according to Yahoo! Finance, uses software which implements “machine learning, natural language processing, and data analytics to design, develop, market, and sell products.” Essentially, Aterian scales consumer brands. But what should you know about ATER stock? Source: Shutterstock This company calls itself a “leading consumer product platform” —
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Most mutual fund names are simple and fairly easy to understand. For example, many investors recognize that most mutual funds with small-cap value in their title invest in smaller companies that fund managers believe to be inexpensive. For the most part, the standard fund names that describe an investment style, like small-cap value and large-cap
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Global investors who own China Evergrande Group’s 3333, -12.73%  U.S. dollar bonds were in the dark Thursday about whether the property giant would make a key interest payment, a major test of the highly indebted developer’s ability to avoid a default. Evergrande was on the hook to make $83.5 million in coupon payments on Sept. 23 on
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