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NAR: High Prices Stifle October Home Sales

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The National Association of Realtors (NAR) said that its Pending Home Sales Index (PHSI) is down for the second consecutive month, dropping 1.1 Only the southern region of the U.S. saw encouraging expansion, “although each region achieved year-over-year gains in pending home sales transactions,” the announcement stated.

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Instacart Rolls Out Delivery Service With Costco For Prescriptions

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The offering is now available from almost 2,000 stores in California, New York and Illinois, among other states, with plans to grow throughout the country in the months to come, according to an announcement. As it stands, Instacart partners with over 350 local, regional, and national retailers to provide delivery from over 25,000 stores.

Illinois 161
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Wages At Smaller Firms Reach Record High 

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“Small business job gains have flattened in the second half of the year as labor markets prove very tight,” said James Diffley, chief regional economist at IHS Markit. “In The national jobs index hit 98.16 The Southern region led small business growth. In response, weekly earnings have accelerated, surging from 2.49

Tennessee 133
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What To Make Of The Gradual Return Of The In-Office Workforce

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Until then, he noted, he and his wife have packed up their essentials and relocated temporarily to an Airbnb in Southern California. That’s an increase from the 36 percent observed in September and the fewer than 25 percent in early April when shutdowns were at their national peak. According to local reports , 43.3

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Apple To Shutter 30 More US Stores Again Amid Pandemic

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As instances of the coronavirus quickly increase in a number of regions across the nation, Apple plans to shutter 30 more stores in the United States on Thursday (July 2) at the latest. The tech company, which has 271 retail shops in the United States, has recently closed 47 stores again, CNBC reported.

Apple 131
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SMBs Use New Bankruptcy Law To Save Businesses

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June was the top month this year for such filings, with 131 overall, and many were filed in the hardest-hit states like Florida, Texas, California, New York and Illinois. Boso might put another six of his locations into bankruptcy soon, which he calculates could help to save him money and cut down on liabilities, WSJ reports.

Texas 156
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Rising Interest Rates Have Hurt Smaller Banks

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The Federal Reserve began raising interest rates about three years ago from almost zero, and after the financial crisis, many small and regional banks ramped up their lending with long-term and low-rate loans. The Southern National Bancorp of Virginia is now shelling out 2.25

Virginia 144