Coca-Cola shares surged 6.9% to $89.89 on Tuesday, touching a 52-week high of $90.01 after the beverage giant raised its full-year forecasts and beat second-quarter estimates, supported by resilient US demand and a FIFA World Cup sales boost, according to a Reuters report. Coca-Cola lifted its 2026 organic revenue growth forecast to about 5% from…
In the race for mayor of Los Angeles, housing — and the subsequent problems of affordability, homelessness, economic opportunity and safety that are so closely intertwined — remains the issue of the day. Progressive Councilmember Nithya Raman, who narrowly edged out realty TV personality Spencer Pratt to clinch a spot in the November runoff election,…
“Real estate investors are starting to accept the reality of the new housing market,” Meyer told Mortgage Professional America. “For a long time post-2022, it felt like investors and homeowners were just waiting for things to go back to the way they were, where mortgage rates would drop, and things would be cheaper, more affordable….
National lender and servicer Newrez reported positive earnings and touted opportunities amid ongoing economic volatility, as its leadership sees potential growth in new lending products and savings from artificial intelligence investments. Processing Content With rising interest rates throughout the quarter dimming early-year enthusiasm for a significant bump in lending volumes, the company found itself able…
Apple: This Rally Is In Danger
Central Bank Mortgage Loans Are Best For: People who want a VA, USDA or FHA mortgage and live in the Midwest People who prefer in-person support at a local branch First-time homebuyers who may qualify for the Home Turf Assistance Program An Alternative Lender to Consider How to Qualify Central Bank doesn’t disclose specific requirements…
“If the question is, ‘Are we helping out first-time homebuyers?’ I would attack the qualification process,” he said. “Stress test first and look at a downpayment matching program,” he said. “I haven’t had a single person yet say to me, ‘I think this is a good idea.’ No one, not a single person.” The…
SparkKitty is a Trojan horse-type malware hack that targets crypto accounts. While the malware has been around for a couple of years, recent reports about its prevalence on both Google Play and the Apple Store are reminders that consumers must always be diligent – even when using a trusted platform. As reported in April, attackers…
Bernard Arnault says he made an early investment in Netflix, and regrets selling it prematurely. LVMH’s billionaire CEO discussed the bet during a rare interview on the “Legend” podcast, aired earlier this month. Speaking in French, Arnault told host Guillaume Pley his family office acquired “nearly 20% of Netflix” shortly after its launch, and the…
Some people fear heights. Others fear the dark. Some increasingly fear ending up in a stranger’s Instagram Reel, recorded without their knowledge by a pair of what the internet has taken to calling “pervert glasses.” These would be the same Ray-Ban Meta glasses that Mark Zuckerberg has spent years pitching as one of AI’s first…