An advertisement for a reduced price is seen outside of a home for sale in DallasThomson Reuters Home prices could start falling as soon as the end of summer, one strategist predicts. That’s due to a sharp rise in unsold homes, with inventory climbing 16% year-per-year in April. That’s the highest increase in unsold inventory […]
DOÑA ANA COUNTY ― Amanda López Askin appears to have beaten Andrew Ostic in a Primary Election for the second time. López Askin had a considerable lead when the Clerk’s office announced via social media that the absentiee voter election board was dismissed at 10:22 p.m. on Tuesday. The Democrat Doña Ana County Clerk incumbent […]
By Bharath Rajeswaran and Ankur Banerjee MUMBAI/SINGAPORE (Reuters) -Indian financial markets sold off sharply on Tuesday morning, as early vote counting trends suggested Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP)-led alliance is unlikely to win an overwhelming majority as predicted by exit polls over the weekend. “The numbers for NDA are subdued and below […]
(Reuters) – Dell Technologies shares tumbled about 14% in premarket trading on Friday, as the PC and server maker expects sizeable AI investments to dent its quarterly profit. Dell is on track to lose more than $17 billion in market value, if premarket losses hold. The stock has more than doubled this year. Companies, including […]
BENGALURU (Reuters) – India’s Tata Motors’ shares fell 8% on Monday, their biggest slide in over two years, over concerns of muted margin growth at its Jaguar Land Rover division, while the unit said it would have to ramp up spending amid slowing global demand. The company’s stock slid the most since February 2022. They […]
(Bloomberg) — Lululemon Athletica Inc. founder Chip Wilson pledged a chunk of his multibillion-dollar stake in the yogawear maker to secure financing from Goldman Sachs Group Inc., leveraging his biggest listed asset. Most Read from Bloomberg An investment firm for the Canadian billionaire pledged 1.8 million Lululemon shares — almost 20% of his holding — […]
Chipotle rang up another bowl of positive earnings on Wednesday afternoon. For its first quarter, revenue grew 14.1% to $2.7 billion, with same-store sales jumping by 7%, higher than estimates of 5.13%. The company also beat expectations on the bottom line, with adjusted earnings per share coming in at $13.37, compared to estimates of $11.66. […]
Proposition 1, the ballot measure supported by Gov. Gavin Newsom that he says will be a “radically different” approach to tackling California’s homelessness crisis, passed on Wednesday evening, according to the Associated Press. The measure passed by a narrow margin, with 50.2% of Californians voting in support, and 49.8% voting against. Prop 1 will restructure […]
LEXINGTON — School officials had to sweat out Tuesday’s primary election for results on a 6.4-mill, 10-year renewal levy. In the end, voters supported the levy for Lexington Local Schools by a margin of 2,013 to 1,955 in final, unofficial vote totals from the Richland and Morrow counties boards of election. The winning margin was […]
House Republicans’ already tenuous grip on control of the House of Representatives may become even more loose following the surprise announcement Tuesday by Rep. Ken Buck (R-Colo.) that he will resign from Congress soon. In a terse statement, Buck gave no reason for his resignation, though he has often clashed with both party leaders and […]
A California ballot measure that restructures the state’s Mental Health Services Act (MHSA) and unlocks billions in bond funding for homeless housing and behavioral health treatment centers appeared poised to pass Tuesday evening. Initial vote results after polls closed showed the ballot measure with 52% in favor and 47% opposed. The results come as polling […]
President Joe Biden is besting former President Donald Trump among union-household voters, according to merged data from the most recent national NBC News polls. But Biden’s support from the key demographic group is down slightly from where it was in the 2020 presidential election. Biden and Trump have battled for union support, especially in battleground […]