U.S. Existing-Home Sales Reach Highest Level in 14 Years

Sales of beforehand owned properties rose in 2020 to the best degree since 2006, as ultra-low rates of interest and distant work through the pandemic…

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Maersk Ship Loses 750 Containers Overboard in Pacific Ocean

A cargo ship operated by A.P. Moller-Maersk A/S misplaced a number of hundred containers in the Pacific Ocean whereas crusing by way of heavy seas…

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Covid-19 Kindled Washington, D.C.’s Luxury Market. The New Administration Could Make It Even Hotter.

For a few years, Michael Stock stated he by no means thought of promoting his good-looking Beaux-Arts Revival-style dwelling on Washington, D.C.’s prestigious Embassy Row—not…

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Travelers’s Net Written Premiums Rise Under 3% in Fourth Quarter

Travelers Cos., a significant property-casualty insurer, logged a rise in revenue in the fourth quarter and reported a modest rise in internet written premiums. Travelers’s…

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WSJ News Exclusive | Housing Market Stays Tight as Homeowners Stay Put

Americans are holding on to their houses longer, and it’s costing would-be house consumers. The size of time U.S. owners keep put has been rising…

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Big Real-Estate Firms Turn Buyers of Their Own Shares

Some publicly traded real-estate firms have discovered a purchaser for his or her shares, regardless of empty places of work, abandoned motels and reeling procuring…

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Rental Home Construction Climbs as Purchase Prices Surge

There haven’t been so many single-family houses underneath development within the U.S. since 2007, but many of those new homes received’t be on the market.…

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Some CEOs Fire Rioters, Call for President Trump’s Removal From Office

In the wake of the riot on the Capitol, corporations moved to chop ties with President Trump and his supporters and fired employees who participated.…

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WSJ News Exclusive | Amazon Pledging More Than $2 Billion for Affordable Housing in Three Hub Cities

Amazon mentioned it intends to take a position in reasonably priced housing over the subsequent 5 years in three areas the place it’s a main…

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Fortnite Creator Is Buying a Dying Mall to Develop New Headquarters

The firm that created the favored videogame “Fortnite” has agreed to buy a North Carolina mall and plans to redevelop it as a world headquarters,…

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