As the U.S. housing market says goodbye to low mortgage rates—and home sales slump as a result— here’s the big question: Is it now time to invest in residential real estate? “For investors like us (it) is an opportunity, actually, to scoop up some new inventory and master plan communities at, I think, prices that will be well-below what we could have seen last year,” Nuveen Real Estate Global CIO Carly Tripp told Yahoo Finance Live (video above). There’s no denying that the real estate… Source link
Read More »Google signs solar power supply deal with SoftBank-backed SB Energy
Nov 1 (Reuters) – Alphabet Inc’s (GOOGL.O) Google said on Tuesday it would buy about three-quarters of the renewable power from SB Energy Global’s Texas facilities, as it aims to operate data centers on carbon-free energy by 2030. Companies are rapidly shifting toward clean energy and transportation as they look to meet environmental and sustainability goals. The $430-billion Inflation Reduction Act signed by President Joe Biden signed in August also seeks to incentivise a shift to clean… Source link
Read More »Google puts an end to Google Hangouts once and for all • TechCrunch
Google Hangouts, a text, video and voice chat app built into Gmail, is finally being shut down today. As announced earlier this year, Google is switching Hangouts users over to Google Chat, the company’s Slack-like instant messaging app for businesses. Starting today, November 1, the Google Hangouts web app is no longer available. This was the last Hangouts offering available to users. The Android and iOS apps died in July of this year. Hangouts had an arguably… Source link
Read More »Net zero could lead to ‘the largest redeployment of capital in history’: BNY Mellon
The global net-zero goals set out by the Paris Agreement are still within reach — but achieving them will require a $100 trillion investment, according to a new report by BNY Mellon Investment Management and Fathom Consulting. That amount equates to around 15% of all global investment or 3% of global GDP over the next 30 years in order to achieve net zero emissions by 2050 and limit warming to 2 degrees Celsius or below, per the Paris Agreement Accord established in 2015. And the more… Source link
Read More »Twitter should be worth ‘hundreds of billions of dollars,’ former CFO says
Elon Musk may have gotten a steal in purchasing Twitter at $44 billion, according to one of the platform’s former execs, provided he can suck value out of the platform by launching new features and cutting costs. “It’s really up to the team to execute the way they see fit, but I think they should have billions of users given the content they have that’s so valuable,” former Twitter CFO and COO Anthony Noto said on Yahoo Finance Live (video above). “And they should be valued in hundreds of… Source link
Read More »Brooklyn Nets ‘have agreed to part ways’ with head coach Steve Nash
Steve Nash reacts to a call during the second quarter of the Brooklyn Nets‘ game against the Indiana Pacers at Barclays Center on Halloween in New York City. (Dustin Satloff/Getty Images) Following a tumultuous offseason in the organization, the Brooklyn Nets and head coach Steve Nash “have agreed to part ways” seven games into their 2022-23 NBA campaign, the team announced on Tuesday. The Nets have underperformed since hiring Nash as a first-time coach in 2020, even if the Hall of Fame point… Source link
Read More »Stocks turn lower with Fed policy, earnings in focus
Stocks lost ground Tuesday, as another batch of earnings rolled in and investors awaited the Federal Reserve policy meeting and jobs data later this week. The S&P 500 (^GSPC) turned lower by about 0.1% in midday trading, while the Dow Jones Industrial Average (^DJI) ticked lower nearly 0.2%. The technology-heavy Nasdaq Composite (^IXIC) fell by 0.4%. All three indices had risen to start the session. Investors digested economic releases on Tuesday, including the Job Openings and Labor Turnover… Source link
Read More »Biden’s desperate move on gas prices
Could he be any more blatant? Just days before the midterm elections on Nov. 8, President Biden has called for a baldly political windfall tax on “excess” profits of oil and gas companies. There’s no chance it will happen, which Biden knows. Only Congress can impose new taxes, and Congress isn’t in session right now. When it was in session earlier this year, Democrats who control both houses kicked around the idea of an oil-company windfall tax, and it got nowhere. Biden says he’ll… Source link
Read More »Google Hangouts Is Finally Ready to Die
Just imagine the Google app icon growing teeth, then crawling over to the Hangouts icon while it opens its jaws wide.Photo: BigTunaOnline (Shutterstock) Google is just about ready to let Hangouts die its famously long death, and the company is asking users to not look back as they mosey on over to Google Chat. It’s the end of an era, of sorts, namely the wasted time the tech giant spent trying to make an all-in-one dedicated call and messaging app work within its vast suite of native apps.
Read More »Kremlin Accuses U.K. of ‘Directing and Coordinating’ Nord Stream Blasts
The Kremlin on Tuesday accused the United Kingdom of “directing and coordinating” the September explosions on the Nord Stream gas pipelines. “Our intelligence services have data indicating that British military specialists were directing and coordinating the attack,” Kremlin spokesperson Dmitry Peskov told journalists. “There is evidence that Britain is involved in sabotage, in a terrorist attack on vital energy infrastructure, not Russian, but international.” Peskov did not… Source link
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