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Benzinga
The Jeff Bezos-Backed Real Estate Company Is On A Buying Spree For Single-Family Homes
The real estate investment platform backed by Amazon.com Inc founder Jeff Bezos has continued ramping up its acquisitions of single-family rental homes in several U.S. markets. Arrived Homes acquires single-family homes to use as rental properties, then sells shares of these properties to investors through its online platform. The demand for rental property shares has grown exponentially so far in 2022, with a total of 165 properties now funded on the platform with a value of over $60 million. T
Benzinga
How Donald Trump Paid Less In Taxes Than A Household Earning Only $20,000 Per Year
Donald Trump has taken a lot of heat over the years about his income taxes or, more specifically, his ability to get out of paying what most would consider his fair share. Trump has kept a tight grip on his tax returns, becoming the first president in 40 years not to release them to the public. According to data reported by The New York Times, Trump only paid $750 in federal income taxes in 2016 and 2017 — less than the average of $819 paid by households making over $20,000 per year in 2017. Acc
NextShark
Former Chicago graduate student found guilty of spying for China
A Chinese national living in Chicago was convicted of spying for the Chinese government on Monday. Ji Chaoqun, 31, a former graduate student at the Illinois Institute of Technology (IIT), was found guilty of one count of conspiracy to act as an agent of a foreign government, one count of acting as an agent of China and one count of making a material false statement to the U.S. Army. Evidence presented at the two-week trial showed that Ji had operated under the orders of top intelligence officers in the Jiangsu Province Ministry of State Security, a provincial division of China’s Ministry of State Security.
MarketWatch
Home buyers are backing out of contracts in the Sun Belt, especially in Las Vegas, Phoenix, Tampa and Texas
House buyers nixed pending sales in August in Sun Belt cities like Phoenix, Tampa, and Las Vegas, Redfin said in a new report.
Bloomberg
Cathie Wood Says US Dollar Strength Could Yet Prompt Fed Pivot
(Bloomberg) — US dollar strength has been “devastating to the rest of the world and should come back to bite” the country’s competitiveness and economic activity, eventually “forcing the Fed to pivot” away from its restrictive monetary policy, Ark Investment Management CEO and Founder Cathie Wood said in a series of tweets on Monday. Most Read from BloombergJohn Paulson on Frothy US Housing Market: This Time Is DifferentEverything-Selloff on Wall Street Deepens on 98% Recession OddsStocks, Comm
Variety
YouTube Stars Dude Perfect Plan to Build $100 Million Headquarters and Entertainment Destination
For Dude Perfect super-fans, it may be the equivalent of Disney World. The five-member comedy and sports YouTube creators — who have a massive following of more than 58 million subscribers on the platform — are planning a new Dude Perfect headquarters and “family-friendly” entertainment destination. The new three-story HQ building will feature a 330-foot […]
The Hill
What does a ban on natural gas appliances mean for homeowners?
Story at a glance While environmentalists lauded California’s decision to phase out natural gas-powered heaters, others are concerned about the feasibility of implementing the ban. Natural gas combustion from residential and commercial buildings makes up an estimated 5 percent of total nitrogen oxide emissions in the state, and 90 percent of these emissions result from space…
Motley Fool
3 Stocks I’m Buying During the NASDAQ Bear Market
It’s been a rough year for the NASDAQ Composite Index (NASDAQINDEX: ^IXIC), plunging nearly 30% this year. Here are three stocks I’m looking at buying as their long-term opportunities are still intact while their share prices are well off their highs: Alphabet (NASDAQ: GOOG), MercadoLibre (NASDAQ: MELI), and CrowdStrike (NASDAQ: CRWD). Alphabet (formerly known as Google) is a huge conglomerate of businesses, but its primary focus is advertising.
