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L.A. Times - Business

TV's Ty Pennington flips Venice charmer onto the New! 2020-12-04 17:39:33In Venice, former 'Extreme Makeover: Home Edition' host Ty Pennington is asking $2.8 million for a 1920s home that he restored.

Column: Republicans are complaining (again) about the budget New! 2020-12-04 14:52:12For the GOP, deficits only matter when there's a Democrat in the White House

Singer Michael Feinstein sheds historic Los Feliz home New! 2020-12-04 12:00:08Musician Michael Feinstein just sold his historic Tudor in Los Feliz for $7.33 million — a huge drop from the $26 million he sought in 2018.

Mountain compound of Slash Records founder Bob Biggs New! 2020-12-04 10:00:56In the mountain city of Tehachapi, an 80-acre compound owned by late Slash Records founder Bob Biggs is on the market for $2 million.

Weak jobs report points to faltering recovery and New! 2020-12-04 08:36:08America's employers scaled back their hiring last month as the COVID-19 pandemic accelerated across the country.

High-low: The priciest and cheapest homes in Manhattan New! 2020-12-04 08:30:18A three-story spot on the Strand listed at $18.9 million and a bungalow at $1.369 million are the priciest and cheapest homes in Manhattan Beach.

Column: Is Joe Biden secretly planning to cut 2020-12-03 15:47:10Social Security advocates are nervous about President-elect Joe Biden. Should they be?

Ryan Seacrest seeks $85 million for Beverly Hills 2020-12-03 15:17:25In Beverly Hills, TV host Ryan Seacrest is asking $85 million for a three-acre contemporary compound he bought eight years ago from Ellen DeGeneres.

Barron Hilton's Bel-Air estate aims for $75 million 2020-12-03 11:00:37In Bel-Air, the 15,000-square-foot trophy estate of late business magnate Barron Hilton just came to market for $75 million.

Warehouses for Amazon, Walmart and Target sell in 2020-12-03 10:00:45The sale of a portfolio of large-scale shipping centers underscores the rapid growth of online shopping during the pandemic.

In L.A.'s wild spec market, one penthouse comes 2020-12-03 09:00:36A new complex in West Hollywood is throwing in a bonus feature to go with the purchase of a two-story penthouse: a McLaren 765LT supercar.

Column: Beware of 'debt parking' — fake debt 2020-12-03 09:00:08Debt parking is when a collector places dubious obligations on your credit file so they'll surface when you apply for a loan or seek a job, making it

Economy

Weekly jobless claims counts are inaccurate and the 2020-11-30 15:19:24Mistakes have moved in both directions, with recipients sometimes undercounted and at other times overcounted, according to the GAO.

October pending home sales fall unexpectedly, as high 2020-11-30 12:24:29Strong, pandemic-induced demand for housing is still there, but buyers may now be hitting an affordability wall.

Another record low mortgage rate just caused demand 2020-11-25 13:51:40Mortgage interest rates have set record lows more than a dozen times this year, and last week there was yet another. That caused mortgage applications

Weekly jobless claims higher than expected as labor 2020-11-25 11:59:27Claims totaled 778,000 for the week ended Nov. 21, ahead of the 733,000 expectation from economists surveyed by Dow Jones.

JPMorgan becomes first major bank to say first-quarter 2020-11-20 11:47:03Wall Street had been expecting a positive first quarter and improving growth next year.

October existing home sales see 'spectacular' 26.6% annual 2020-11-19 13:39:36Sales of existing homes in October soared well past expectations, rising 4.3% compared with September and 26.6% annually.

Jobless claims filings pick up amid continued struggles 2020-11-19 10:59:32First-time filings for unemployment benefits totaled 742,000 last week vs. the Wall Street estimate of 710,000.

Bostic says Fed's tools still have 'juice' and 2020-11-17 09:39:05Even with the prospects of at least two vaccines, Bostic said there are multiple pockets of the economy that will need assistance.

Here are the things that scare Jerome Powell 2020-11-12 13:43:31Powell said he worries about women, children and business owners who face long-term consequences from the coronavirus.

Weekly jobless claims fall again in another sign 2020-11-12 09:43:20Jobless claims totaled 709,000 last week, below the 740,000 Wall Street forecast.

Fed's Rosengren says next 6 months will be 2020-11-11 06:14:38Eric Rosengren, president of the Federal Reserve Bank of Boston, told CNBC the next six months will be "pretty choppy" despite covid vaccine news.

Covid vaccine won’t be an ‘instant stimulus’ to 2020-11-11 01:53:38The U.S. economy can't depend on a coronavirus vaccine to "solve all our problems," said Carl Tannenbaum, chief economist at Northern Trust.

NYT > Economy

Up to 30 Million in U.S. Have the 2020-12-03 08:00:10The findings point to the potential of upward mobility for people without a college degree.

Biden and His Economic Team Urge Quick Action 2020-12-02 20:36:57The president-elect introduced key nominees in Delaware, while lawmakers exchanged new proposals with prospects for a deal still dim.

Chinese Companies to Face More Scrutiny as Bill 2020-12-02 20:04:20If they didn’t disclose more information, they could risk removal from U.S. stock exchanges under the legislation, which President Trump is expe

Marc Benioff Sets His Sights on Microsoft 2020-12-02 14:33:52The Salesforce C.E.O.’s planned acquisition of Slack will have him competing directly with the Goliath that is Microsoft.

After Biden Win, Nation’s Republicans Fear the Economy 2020-12-02 05:00:28Polling shows that Republicans have turned bearish on the outlook for their family finances since the election, while Democratic optimism is rising.

Reinventing Workers for the Post-Covid Economy 2020-12-01 12:55:43Especially in service industries, old jobs may not be coming back. Training programs are aiming to provide skills for more resilient occupations.

These ‘Little Land Mines’ Could Prevent a Summertime 2020-12-01 05:54:35A roaring recovery is in sight, but a lot depends on what Congress does next for the winter economy.

‘Bleak Friday’ for Stores as Pandemic Pushes Holiday 2020-11-30 17:46:46Foot traffic was down considerably and internet sales surged during a holiday weekend altered by the coronavirus.

Janet Yellen Has Excelled at Big Jobs. This 2020-11-30 14:57:15The nominee for Treasury secretary will face the tricky politics of generating a strong recovery out of the pandemic.

Biden Expected to Name Top Economic Officials This 2020-11-30 14:54:18President-elect Joseph R. Biden Jr. is expected to nominate Neera Tanden, a divisive figure within the Democratic Party, to lead the budget office. He

Edward P. Lazear, Economist and Presidential Adviser, Dies 2020-11-30 11:21:59He was a widely respected labor economist at Stanford who led President George W. Bush’s economic council during the financial crisis.

France Thought It Could Reverse Globalization, but It’s 2020-11-30 05:00:11The government is encouraging more factories, but C.E.O.s say labor costs in the country remain high.

Business - The Huffington

Dow Jones Average Hits 30,000 For First Time 2020-11-24 11:37:16Optimism that COVID-19 vaccines will open the way to economic recovery next year fueled Wall Street’s rebound from a pandemic-driven crash this

Amazon Warehouse Workers File For Union Election In 2020-11-24 11:14:17Unionizing an Amazon facility in the South would be a landmark win for the labor movement, potentially spurring more organizing drives inside the comp

The Pandemic Is Worse Than Ever And Washington 2020-11-20 13:04:48Unemployment benefits and other coronavirus relief measures are set to expire next month.

Denny’s Shows How A Diverse Supply Chain Can 2020-11-19 09:34:09The international restaurant chain’s diverse supplier spending has exceeded 10% every year for the past decade.

Grocery Chain Backpedals After Encouraging Customers To 'Plan 2020-11-18 19:44:02Giant Food apologized for the "poor" wording on its Thanksgiving-themed ad, released as COVID-19 cases surge across the nation.

Solar Companies Ask Biden To Reverse Trump’s Biggest 2020-11-17 14:13:35Solar energy companies see an ally in a president-elect who campaigned on generating 100% carbon-free electricity by 2035.

Amazon Opens Online Pharmacy For Prescription Medication Delivery 2020-11-17 13:22:23The company said it will offer commonly prescribed medications with discounts to its Prime members.

Smithfield Fined $58,000 For Serious COVID Hazards At 2020-11-16 11:57:07Regulators also hit the meatpacking giant's temp staffing firm with another $40,000 in violations.

Mutual Of Omaha Replaces Indian Chief Logo With 2020-11-12 12:47:17Previously, the Indian chief head had been the symbol of the insurance and financial services company for 70 years.

UPS Tweaks Strict Appearance Guidelines, Lifts Ban On 2020-11-11 18:16:26Beards are now acceptable as long as they're worn "in a businesslike manner," while “afros, braids, curls, coils, locs, twists and knots&rdqu

Stocks Surge On Encouraging News About Potential Coronavirus 2020-11-09 11:04:57If a vaccine for COVID-19 does indeed pan out, analysts say it’s a “game changer” and just what the market had been waiting for.

How This D&I Exec Is Driving Economic Inclusion 2020-11-09 10:03:52"Conversations are great to build a foundation, but they get real thin, real fast if you don’t take action."

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US, Norwegian investors press SBI over loan to New! 2020-12-04 08:53:43Officials from New York-based BlackRock Inc. and Norway's Storebrand ASA have contacted the State Bank of India, which is majority-owned by the India

LIVE news: ED seizes Vijay Mallya's property in New! 2020-12-04 08:43:51Stay tuned for Latest LIVE news updates

Farmers' protest LIVE: Unions call for 'All-India Bandh' New! 2020-12-04 08:22:33Farmers protest LIVE updates Day 9: Another round of discussions will be held on Saturday in a bid to forge a resolution. Stay tuned for latest update

Burger King IPO subscribed 157 times at close New! 2020-12-04 08:04:48The issue generated bids for 11.7 billion shares, worth Rs 70,000 crore, as against only 75 million on offer, making it one of the most-subscribed IPO

E-commerce order volume grew 56%, GMV by 50% New! 2020-12-04 07:47:56The Tier II and beyond cities have witnessed a growth of about 99 per cent as compared to last year's festive season, says a new report by Unicommerc

DBS Bank India gets Rs 2,500 cr capital New! 2020-12-04 07:43:01The scheme of amalgamation came into effect on November 27, 2020.

Suggestion to allow corporates in banking not RBI's New! 2020-12-04 07:28:59RBI's Internal Working Group's (IWG) suggestion to allow corporates into banking has received sharp criticism from experts

IND vs AUS 1st T20 highlights: Chahal, Natarajan New! 2020-12-04 07:21:45While Jadeja smashed an unbeaten 44 off 23 balls to propel India to 161 for 7, his head injury turned out to be a blessing in disguise with India unle

Coronavirus LIVE: Covid-19 vaccination drive after scientists' nod, New! 2020-12-04 06:44:33Covid-19 update: At 1,837,358, Maharashtra has the highest number of coronavirus cases, followed by Karnataka 889,113, Andhra Pradesh 870,076, Tamil N

Inflation outlook adverse, but economic contraction is over: New! 2020-12-04 05:28:10The MPC now expects consumer price index-based inflation to average at 6.8% in the current quarter, and at 5.8% in January-March 2021

Coronavirus vaccine may be ready in few weeks: New! 2020-12-04 04:46:28Nearly eight vaccines are at different stages of trial with their manufacturing assured in India, Modi said.

BSE Healthcare index hits new high; Sun Pharma, New! 2020-12-04 04:17:07Sun Pharmaceutical Industries hit afresh 52-week high of Rs 568.50, up nearly 4 per cent in the intra-day trade today. It has surged 11 per cent in t

Insider.pro

BIS, Swiss National Bank and SIX Announce Successful 2020-12-03 15:50:41 A possible issuance of a digital currency would raise policy and governance hurdles, the BIS says.

Darknet Crypto Market Revenue Surpasses Last Year's Results 2020-12-03 13:25:40 Total transfers to darknet stand at over 9 million, which is below pace to meet the 2019 total of over 12 million.

S&P Dow Jones Indices to Roll Out Crypto 2020-12-03 12:47:53 S&P DJI will provide branded and customized indexing and benchmarking solutions.

CipherTrace Warns Over Malicious MetaMask Imposter 2020-12-03 11:09:50 Google Ads still displays the scam website on top of the search results.

Spotify Seeks New Director for Crypto Activities 2020-12-03 10:23:10 The service wants to expand its activities in digital asset & cryptocurrency space.

How to Make Successful Investments in Cryptocurrency? 2020-12-03 08:50:15 What differentiates successful investors from failed ones?

Anticipation Grows as Polkadot’s Decoded Event Draws Near 2020-12-03 08:48:39 In less than 48 hours, Polkadot Decoded, the first virtual event for the interoperable blockchain network founded by Gavin Wood, will kick off.

US Legislators Introduce Bill that Will Require Stablecoins 2020-12-03 07:24:10 The bill focuses mainly on the regulation of stablecoins such as Facebook's Libra.

BTC Miners Make Over $500M in November 2020-12-03 06:18:39 Bitcoin miners earned around $521M last month.

DeFi Project Compounder Finance Developers Steal $10.8M from 2020-12-03 05:06:35 The developers hid a feature in smart contracts that allowed them to withdraw funds from liquidity pools to third-party wallets.

Bybit’s ‘Jingle Brawl’ Trading Comp: 25 BTC Prize 2020-12-03 05:00:00 Cryptocurrency derivatives exchange Bybit celebrates its third year in business on Dec 2 with the launch of its ‘Jingle Brawl’ trading co

Bitcoin Exceeds $19,400 2020-12-03 03:29:02 What is happening this morning with the largest crypto by market cap?


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