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Because of the rise in house prices, Americans need to save enough for a down payment for another year.
Because of the rise in house prices during the epidemic, potential home buyers in the United States have to save an extra year before buying a house. It now takes eight years for the typical American to save 10 per cent of his monthly income and make a 20 per cent down payment, according to a study by Tomo, a real estate technology start-up. Before COVID-19 's epidemic triggered a buying spree, the figure was seven years. The National Association of Realtors (NAR) said last week that the proportion of first-time buyers of second-hand homes fell to 29% in August, the lowest level since 2019. Skye, Chief Economist of Tomo
Black Widow sues Walt Disney Company: the company earns $125 million in online revenue from movies
Walt Disney Company (Walt Disney) said in a court filing on Friday that it had earned $125 million online from the Marvel superhero film Black Widow. Three weeks ago, the company's star Scarlett Johansson (Scarlett Johansson) sued Walt Disney Company. Scarlett Johansson sued Walt Disney Company last month, alleging that the company violated her contract by providing streaming services while the film was released. Scarlett Johansson filed a lawsuit in Los Angeles Superior Court, claiming that the double release strategy of "the Black Widow" has been reduced.
Warren Buffett: these companies perform best in times of high inflation
From used cars to gasoline to groceries, inflation continues to push up the prices of American goods. The consumer price index rose 5.4 per cent last month from July 2020, the biggest increase since 2008. Although some economists and other financial experts say the current inflation rate has nothing to worry about, inflation is in fact inevitable. But when it comes to investing, Berkshire Hathaway CEO Warren Buffett says some companies are more likely to succeed than others. In 2015 Berkshire Hathaway (Berkshire Hathaway) year
On July 16, the top 20 stocks traded in the United States. Xiaomi surpassed Apple to become the runner-up in global smartphone market share.
In the early morning of the 17th, Beijing time, U. S. stocks closed down on Friday, with the Dow down about 300 points. Investors are reviewing this week's corporate earnings and economic data. The US consumer confidence index fell unexpectedly in July, with retail sales data exceeding expectations in June. The Dow closed down 299.17 points, or 0.86%, at 34687.85; the Nasdaq fell 115.90 points, or 0.80%, at 14427.24; and the S & P 500 fell 32.87 points, or 0.75%, at 4327.16. This week, the Dow is down 0.5%, the Nasdaq is down 1.9%, and the S & P 500 is down 1.
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