Tag Archives: month

Pending home sales fall for a third consecutive month

Homebuying in the U.S. was slower than anticipated in the first month of 2022. Pending home sales, a leading indicator of the health of the housing market, declined for the third straight month. The National Association of Realtors’ (NAR) Pending Home Sales Index, which tracks the number of homes that are under contract to be sold, fell 5.7% in January from December and dropped 9.5% from the same month a year ago. Contract signings were down across all regions in the U.S. The results came… Source link

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Russia attack on Ukraine may nudge Fed to less aggressive move next month

Russia’s attack on Ukraine is fueling geopolitical risk that may push the Federal Reserve away from a more aggressive interest rate increase in March. Fed officials, who are still eager to begin the process of paring back pandemic-era easy money policies, say they are monitoring any spillover effects of the conflict onto U.S. economic activity. “These create a lot of uncertainty and uncertainty, as we know, is a demand shock,” San Francisco Fed President Mary Daly told reporters on Feb…. Source link

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US home price growth stalls in the final month of 2021

Home price growth in the U.S. paused in the final month of 2021, but the full year logged in record gains. Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted an 18.8% annual gain in December, unchanged from November. The 20-City Composite posted an 18.6% annual gain, up from 18.3% a month earlier. The 20-City results were higher than analysts’ expectations of an 18% annual gain, according to Bloomberg consensus estimates. “For the year,… Source link

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Yahoo’s Black History Month logo makeover is seriously cool

Every February the world celebrates Black History Month, and we often see huge brands getting a makeover to join in the celebrations. This month is no different, with Yahoo kicking things off with a vibrant logo redesign.  Yahoo’s temporary new logo is designed by Trap Bob (or Tenbeete Solomon), who has taken influence from her Ethiopian roots. The redesign has taken Yahoo’s famous wordmark but drenched it in colour and replaced one of the ‘O’s with an illustration of a black woman. Feeling… Source link

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Stock futures open lower after S&P 500 posts worst month since March 2020

Contracts on Wall Street’s main indexes edged lower in pre-market trading Tuesday after stocks bounced back from a losing streak in the previous session to cap the last day of a historically volatile January in the green. Futures tied to the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite fell in overnight trading after the S&P 500 recorded its roughest monthly performance since March 2020 in Monday’s session. Meanwhile, the Nasdaq Composite narrowly avoided its worst-performing… Source link

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Yahoo reimagines logo for Black History Month

Artist: Trap Bob In collaboration with multidisciplinary artist Trap Bob, Yahoo has reimagined its logo for the month of February in a salute to Black history. “We make Black history all year, but Black History Month is a time of celebration and reminder to us all of the extensive work and accomplishments of the Black community,” the Washington, D.C.-based artist said. Trap Bob, also known as Tenbeete Solomon, creates art based on everyday experiences to better connect and represent Black life… Source link

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A DoorDash employee making $400K a year complained about a company-wide initiative requiring that he personally make one delivery a month

DoorDash is making all its employees — even the CEO — work as delivery drivers at least once a month.Noam Galai/Getty Images DoorDash is reinstating its WeDash program. The program requires staff — including the CEO — to work as delivery drivers at least once a month. One employee who said they make $400K a year vented on social media about having to do the program. The delivery service DoorDash is making all its employees — even the CEO — deliver at least once a month, but not… Source link

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Home price growth in the US slows for third straight month

Home price growth in the U.S. has slowed for the third straight month. Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a 19.1% annual gain in October, down from 19.7% from September. The 20-City Composite posted a 18.4% annual gain, down from 19.1% a month earlier. The 20-City results came in very close to analysts’ expectations of a 18.5% annual gain, according to Bloomberg consensus estimates. “In October 2021, U.S. home prices moved… Source link

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A McDonald’s worker quit her job and says she now earns up to $10,000 a month making TikToks for Walmart, Heinz, and Kroger

Maddison Peel Less than a year ago, Maddison Peel was making $12 an hour at a Kentucky McDonald’s. One week after her TikTok of roasting a chicken went viral, she quit. Now, she makes up to $10k a month and has brand deals with Walmart, Heinz, and Kroger. Just under a year ago, 22-year-old Maddison Peel was working at a McDonald’s in Kentucky, where she was paid $12 an hour. Now, she says she makes between $5,000 and $10,000 a month by posting food recipes on TikTok. Better known by her handle… Source link

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Federal Reserve to begin slowing its pace of asset purchases this month

The Federal Reserve on Wednesday said it would start slowing its pace of asset purchases, the first step in paring back its COVID-era easy money policies. “In light of the substantial further progress the economy has made toward the committee’s goals since last December, the Committee decided to begin reducing the monthly pace of its net asset purchases,” the policy-setting Federal Open Market Committee said in its updated policy statement Wednesday. Since the depths of the pandemic, the… Source link

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