“‘Home prices are very, very high by historical standards’” That was Yale economist Robert Shiller talking about the current state of the housing market during a March interview on on CNBC Overtime. Shiller, a researcher at the National Bureau of Economic Research, helped create the Case-Shiller Home Price Indices, which are…
After last year’s disruptive tax season full of temporary Covid-19 rule changes and other complications, the 2022 filing season is almost sleepy in comparison, especially for investors. “Activity is minimal – just a small amount of dividends and very few trades. Last year, everyone decided they wanted to be traders,…
Most people consider their pet a member of the family. And as for any family member, caring for that loved one includes thinking about what will happen to them after you die.Every year, about 500,000 pets are surrendered to shelters because their owner dies or becomes disabled without a long-term…
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A bombshell report this week alleged that Supreme Court Justice Clarence Thomas has been accepting lavish gifts from Republican megadonor Harlan Crow for decades without disclosing them, such as trips on Crow’s superyacht and private plane.Some Americans are wondering whether Thomas, 74, could lose his spot on the Supreme Court…
The U.S. Securities and Exchange Commission is embarking on its most ambitious program of market-structure reform in a generation in the wake of the meme-stock saga that focused the public’s attention on stock-market plumbing like never before. The financial rule making process is typically dominated by insiders with the knowledge…
The outlook for corporate profits during the first quarter is looking pretty gloomy.But a team of analysts at Goldman Sachs Group see hope for individual companies that could manage to buck the trend by delivering on four areas of critical importance to investors. Analysts cut their outlook pretty aggressively as…
Should we save a spot in the baseball annals for the “climate-ball” era? Climate change and its impact on home-run-favorable thinner air may earn a place in recorded history alongside Major League Baseball’s dead-ball era and the notorious black eye on America’s pastime when steroids juiced the power game.The way…
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The numbers: The U.S. added a robust 236,000 new jobs in March, defying the Federal Reserve’s hopes for a big slowdown in hiring as the central bank struggles to tame inflation. The consensus economist forecast called for a nonfarm-payrolls expansion of 238,000. The solid increase in employment last month followed…