Do personal loans build credit?

A personal loan is one way to build credit, but it’s not your only option. (Shutterstock) Taking out a personal loan can help you build credit — if you do a good job repaying the loan. Making monthly payments on time can strengthen your credit score.  But if you miss payments or pay late, those negative marks can remain on […]

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Real estate expert warns of commercial 'bloodbath'

Real estate expert predicts commercial ‘bloodbath’ The Commercial Academy J. Scott Scheel discusses the massive defaults that will hit the commercial real estate industry. During an interview on "Varney & Co" real estate expert J. Scott Schell predicted a commercial real estate "bloodbath" due to disruptions in the industry from the COVID-19 pandemic. HOME SALES HIT 16-YEAR HIGH J. SCOTT […]

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Cathie Wood’s ARK Invest Sells for 1\/21

Markets got crushed going into the weekend with the Nasdaq getting the worst, down nearly 3%. ARK Funds took a beating across the board as well. ARKG performed the best out of the group, with a 2.4% loss on the day, while ARKW did the worst, down 6.8%. The gains from the past year are slowly sliding away, but Cathie […]

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Omicron surge leading to worker shortages across nation

(CNN)As the Omicron variant sweeps the nation, it’s disrupting everything from garbage collection and emergency services, schools and travel as employees are out sick or in quarantine. In New York, trash is going uncollected and three subway lines are closed because so many workers are out sick. Schools and hospitals are reporting staff shortages, too, and airlines continue to cancel […]

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European Shares Retreat Amid Risk Aversion

European stocks retreated on Friday, with Fed policy tightening worries and growing concerns over Ukraine denting sentiment. U.S. Treasury Secretary Janet Yellen said on Thursday she was confident the Federal Reserve and the Biden administration would take steps needed to bring down inflation during 2022. President Joe Biden on Wednesday said he supports Federal Reserve Chairman Jerome Powell’s expected move […]

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U.S. Stocks Seeing Further Downside In Afternoon Trading

Stocks have moved significantly lower over the course of the trading day on Friday, extending the sharp pullback seen in the previous session. The major averages have all slid firmly into negative territory, with the Dow showing a notable drop. The major averages have seen further downside in recent trading, hitting new lows for the session. The Dow is down […]

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Asian Shares Mixed Amid Rate Hike Concerns

Asian stocks ended mixed on Monday as Covid-19 worries and concerns that the Federal Reserve will raise interest rates in the near future to tackle inflation offset better than expected Chinese GDP data. Volatility in bond markets and a public holiday in the U.S. also kept investors on edge. Chinese shares rose as data showed the country’s economy grew faster […]

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What companies are doing to attract workers

Karin Kimbrough is chief economist at LinkedIn. The opinions expressed in this commentary are her own. Entering year three of the pandemic, the labor market today looks markedly different from when we entered this crisis. At LinkedIn, my team of data scientists and economists has a unique view into how ways of working have shifted — through the lens of […]

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Psaki pressed on Biden's readiness to evacuate Americans from Ukraine

Pompeo: Biden’s Ukraine remarks cannot be cleaned up Fox News contributor and former Secretary of State Mike Pompeo says that President Biden’s comments put Ukraine ‘at real risk.’ White House press secretary Jen Psaki fielded questions from reporters Friday afternoon, and she responded to inquiries about the ongoing tensions in Ukraine and the United States’ ability to extradite citizens in […]

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