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☆ Canada targets Airbnb, others to ease rental shortage
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Susana Vera/File photo Acquire Licensing RightsOTTAWA, Oct 17 (Reuters) - Canada will take steps in the coming weeks to ease a rental-unit shortage exacerbated by Airbnb (ABNB.O) and other short-term rental platforms, Finance Minister Chrystia Freeland said on Tuesday. Freeland said the government is examining options to ensure more short-term rentals become available as long-term rentals. Cities around the United States are more closely regulating short-term rentals, including by requiring hosts to obtain licenses and pay registration fees. In that province, there are 28,000 daily active short-term rental listings, up 20% from a year ago. Freeland's comments come a day after the banking regulator Office of the Superintendent of Financial Institutions shelved some planned mortgage rules related to tighter regulatory limits on debt-service coverage.

Persons: Finance Chrystia Freeland, Susana Vera, Chrystia Freeland, Freeland, Airbnb, David Ljunggren, Nivedita Balu, Alistair Bell, Rod Nickel Organizations: Finance, IMF, World Bank, REUTERS, Rights OTTAWA, British Columbia, Thomson Locations: Marrakech, Morocco, Canada, United States, Florence, Italy, Byron, British, Freeland, Toronto, Vancouver, Montreal, Ottawa

☆ America's poorest workers are getting raises, but 80% of their spending is on increasingly pricey basic needs
▼ + stars: | 2023-10-17 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +6 min

This comes even as real wages are growing faster for lower-income Americans. AdvertisementAdvertisementThat comes even as real wages are growing faster for lower-income Americans than those with higher incomes. But even as lower-income Americans continue to see wage growth outpace inflation, it's not helping them as much as some believed it would. While most Americans who received salary raises did increase their discretionary spending, Americans are cautious about navigating the economy. AdvertisementAdvertisementGiven that lower-income Americans are on the whole hurting for cash, this data suggests Americans are bracing up for more economic pain in the coming months.

Persons: —, Morgan, J.P, It's, they'd, it's Organizations: Service, Bureau of Labor Statistics, Workers, Economic Policy Institute, Dallas Fed, of Labor Statistics Locations: Morgan

☆ What Is the Mortgage Interest Deduction?
▼ + stars: | 2023-10-15 | by ( Aly J. Yale | ) www.wsj.com time to read: +11 min

That’s thanks to the Home Mortgage Interest Deduction, which lets you write off the interest you pay on your mortgage loan throughout the year. What is the mortgage interest deduction? The mortgage interest deduction is a type of itemized tax deduction that has been around in some form since a federal income tax was introduced in 1913. Mortgage pointsMortgage points—an upfront fee you can pay at closing to lower your interest rate—are another form of mortgage interest, just prepaid. Whether you should take the mortgage interest deduction comes down to the age-old question of itemizing vs. using the standard deduction.

Persons: Aly J, you’re, won’t, ”, Paul T, Joseph, Joseph & Joseph, We’ll, “, Aaron Cirksena, “ You’re, ” Cirksena, Jan Organizations: Yale, Home, Joseph &, Joseph & Joseph Tax, MDRN, IRS, — Locations: Williamston, Mich, California, Annapolis, Md, “

☆ Locals are being priced out of Texas and Florida. Here's where they're looking for affordable homes instead.
▼ + stars: | 2023-10-15 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +3 min

Home prices in Texas and Florida have increased 30% and 42% since 2019, according to Realtor.com. AdvertisementAdvertisementAs people across the US relocate to Florida and Texas, locals are feeling squeezed — and searching elsewhere for affordable homes. The typical cost of a home in Texas has spiked 30% since 2019, according to Realtor.com, and 42% in Florida during the same time period. These residents are increasingly searching on Realtor.com for homes outside of their state, suggesting they're willing to chase affordability across the country. AdvertisementAdvertisementFloridians are priced out too, and looking elsewhereMeanwhile, Floridians are eyeing homes nearby.

Persons: —, Hannah Jones, staters, Realtor.com, Holly Meyer Lucas, who's, Meyer Lucas Organizations: Realtor.com, Texans, Service, Wall Street Journal Locations: Texas, Florida, North Carolina , Tennessee, Georgia, South Carolina, Wisconsin, Minnesota, Tennessee , Colorado, Missouri, Alabama, South Florida

☆ Biden warns Israel against occupying Gaza as ground invasion appears near
▼ + stars: | 2023-10-15 | by ( Kyle Feldscher | ) edition.cnn.com time to read: +3 min

CNN —President Joe Biden warned Israel against occupying Gaza in one of his most notable public calls for restraint as the Israelis respond to this month’s terror attacks by Hamas. In an interview with CBS’ “60 Minutes” that aired Sunday, Biden said it would be a “big mistake” for Israel to occupy Gaza. Israel has been signaling it is preparing for a ground invasion of Gaza, even as a humanitarian crisis grows inside the coastal Palestinian enclave. “What happened in Gaza, in my view, is Hamas and the extreme elements of Hamas don’t represent all the Palestinian people,” Biden told interviewer Scott Pelley. In its response, Israel unleashed a massive bombing campaign against the northern Gaza Strip, from which Hamas launched its attack.

Persons: Joe Biden, Biden, ” Biden, Scott Pelley, Michael Herzog, CNN’s Jake Tapper, “, ” Herzog, ”, …, Pelley, ” “ Organizations: CNN, CBS, Palestinian, Hamas Locations: Gaza, Israel, United States, Palestinian, Iran

☆ Rents in Oakland have fallen faster than anywhere else in the US for a simple reason: The city built more housing
▼ + stars: | 2023-10-14 | by ( Eliza Relman | ) www.businessinsider.com time to read: +4 min

Rent prices in Oakland have fallen by 7.2% over the last year. A bunch of new housing is hitting the market in Oakland, even as the city has seen its population decline. Over the last few years, Oakland had the fifth-highest rate of housing construction and the seventh-largest drop in population among California's 73 largest cities. AdvertisementAdvertisementThe decline in rents is a turnaround for the city, which has faced a serious housing affordability crisis in recent years as new residents flooded the city and housing construction didn't keep pace. Over the next decade, Oakland is planning to increase its housing stock by 25%, building another 36,000 units of housing.

Persons: — Organizations: Service, Oakland Locations: Oakland, California, Oakland , California, Bay Area, Brooklyn, San Francisco

☆ Fed's Collins says CPI data drives home uneven progress on restoring price stability
▼ + stars: | 2023-10-12 | by ( Michael S. Derby | ) www.reuters.com time to read: +2 min

Collins appeared to view higher borrowing costs as buying the Fed some space to take in incoming data. If the rise in yields persists, “it likely reduces the need for further monetary policy tightening in the near term,” Collins said. It showed progress on underlying price pressures but the overall reading rose by 3.7% versus a year ago, the same gain as August. “Today’s CPI release is a reminder that restoring price stability will take time,” and it remains a question whether inflation is moving sustainably on a path back to the target, the official said. Collins added that the core service prices stripped of housing factors have yet to make much progress toward lower levels.

Persons: Susan Collins, Ann Saphir, ” Collins, Collins, “, Michael S, Mark Porter Organizations: Reserve Bank of Boston, Kansas City Fed, REUTERS, Federal Reserve Bank of Boston, Fed, Thomson Locations: Jackson, Wyoming, U.S

☆ Bidding wars over apartments are more ferocious than ever — and they're here to stay
▼ + stars: | 2023-10-11 | by ( James Rodriguez | ) www.businessinsider.com time to read: +16 min

Yet one of the enduring legacies of the COVID-era housing market may be the proliferation of bidding wars for rentals. Bidding wars have periodically reared their ugly heads during overheated stretches in New York City's housing market. And while things have cooled down since the mania of 2022, in places where available rental inventory remains low, the bidding wars just won't die. Still, it's hard not to worry that we've opened Pandora's box when it comes to bidding wars. Bidding wars may feel distasteful, embarrassing, and unfairly favor those with the means to drive up already exorbitant asking rents.

Persons: Phil, Rikki Mueller, That's, I've, David Harris, Coldwell Banker Warburg, Harris, didn't, Frances Katzen, Douglas Elliman, Jonathan Miller, Miller, Mueller, Stan Broekhoven, Broekhoven, we've, we'd, he'd, They'd, wasn't, —, James Rodriguez Organizations: New, Coldwell Banker, Austin, Google Locations: Manhattan's East, homebuying, New York, Chicago, Boston, Austin, Brooklyn, New York City, California, Los Angeles, South Florida, , New York, Salt Lake City, Las Vegas, Manhattan, David Harris , New York City

☆ I entered a bidding war to land an apartment. It was way more brutal than I expected.
▼ + stars: | 2023-10-11 | by ( James Rodriguez | ) www.businessinsider.com time to read: +16 min

☆ Britain to return asylum seekers to barge after bacteria scare
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +1 min

LONDON, Oct 10 (Reuters) - Britain said on Tuesday it would once again house a group of asylum seekers on a barge on its southern coast, two months after removing them due to the presence of contaminated water on the vessel. Following safety tests, the government has now started sending letters to asylum seekers confirming they will be moved to the barge, an interior ministry spokesperson said. "The letters confirm the next steps for asylum seekers and reiterate that all asylum accommodation continues to be offered on a no-choice basis," the spokesperson added. A separate plan to deport such migrants to Rwanda is being tested in Britain's Supreme Court this week. ($1 = 0.8158 pounds)Reporting by Sachin Ravikumar; Editing by Kate HoltonOur Standards: The Thomson Reuters Trust Principles.

Persons: Bibby, Sachin Ravikumar, Kate Holton Organizations: Thomson Locations: Britain, Bibby Stockholm, France, Rwanda

CNN —The Maui County Council has voted unanimously in favor of a resolution urging Hawaii’s governor to delay the October 8 reopening of West Maui to tourism. Deadly wildfires that broke out in West Maui in early August severely damaged the historic town of Lahaina, killing 97 people and destroying hundreds of residents’ homes. Josh Green previously announced state officials were looking to reopen West Maui beginning Sunday. Josh Green to delay plans to reopen a portion of West Maui to tourism. Green said in a statement Saturday many have asked about the right time to welcome visitors to West Maui.

Persons: Keani Rawlins, Fernandez, “, ” Rawlins, Josh Green, ” Green, Green, Kiakona, ” Kiakona, Tamara Paltin, Audrey McAvoy, Paltin, Richard Bissen Organizations: CNN, ”, Hawaii Gov, Residents, Hawaii Locations: Maui County, West Maui, Lahaina, Hawaii, Maui

☆ 'It's just a matter of time': After predicting the financial crisis, 'Oracle of Wall Street' Meredith Whitney shares the biggest risk she sees for the housing market — and 4 states where homeowners wi
▼ + stars: | 2023-10-08 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Instead, the CEO of the eponymous investment research firm Meredith Whitney Advisory Group is concerned that the US housing market will face a correction in the coming years. Baby boomers may cause home values to sinkWhitney believes property prices are destined to fall under pressure as demographic shifts reverse deep-rooted supply-demand dynamics. An unprecedented pace of property price growth has disproportionately benefited baby boomers and the silent generation. However, Whitney said that an aging US population won't cause the housing market to crash overnight. While Whitney reserves her full insights for clients, she named four states where property prices will eventually weaken: Pennsylvania, Connecticut, New Jersey, and Illinois.

Persons: Meredith Whitney, Oppenheimer, Meredith, Whitney, haven't, CoreLogic There's, That's, you've, that's, it's Organizations: Citigroup, Advisory, National Association of Realtors Locations: Statista, Pennsylvania, Connecticut , New Jersey, Illinois, Texas

☆ China’s economy will be hobbled for years by the real estate crisis
▼ + stars: | 2023-10-06 | by ( Laura He | ) edition.cnn.com time to read: +10 min

Absorbing this “excess capacity” in the property sector will inevitably hurt China’s economic growth, according to Garcia-Herrero. The money from the sales funded their breakneck expansion, making real estate moguls some of the country’s richest people. The strategy largely worked until about three years ago when the Chinese government cracked down on excessive borrowing by the real estate industry because it was worried about the risk of financial instability. But overall, the property sector has contracted severely as it adjusts to a collapse in demand. “A fundamental rewiring of China’s economy will necessitate a focus on developing new industries, improving productivity, and bolstering rental markets,” said analysts from Stanford University and the ASPI.

Persons: ”, Alicia Garcia, Herrero, Garcia, they’re, Evergrande, Xu Jiayin, Xi Jinping, ” Mark Williams, Sheana Yue, Zichuan Huang, “, — Michelle Toh Organizations: Hong Kong CNN, Investment, Asia Pacific, Getty, Bank, International Monetary Fund, IMF, Regulators, Capital Economics, People’s Bank of China, Oxford Economics, Stanford University, Asia Society Policy Institute, Oxford Locations: China, Hong Kong, Beijing, Natixis, Wuhan, China's, Hubei, Japan

☆ Here's how one top Fed official is thinking about the increasingly unaffordable US housing market
▼ + stars: | 2023-10-05 | by ( Phil Rosen | ) www.businessinsider.com time to read: +2 min

Tom Barkin, president of the Richmond Fed, recently commented on housing on the "Odd Lots" podcast. Home prices have stayed high as the pandemic sparked a "secular change" in the way people think about housing. That could mean sectors other than housing will need to see slowdowns, he suggested. AdvertisementAdvertisementHe added that the housing market ultimately remains imbalanced, and that could mean sectors other than housing will need to see slowdowns. But relative prices move all the time, and if what we've seen is a secular shift toward more demand for housing, that might mean somewhat less lessening of housing prices and somewhat more lessening of other prices."

Persons: Tom Barkin, —, Barkin Organizations: Richmond Fed, Service

☆ The sure-fire way to save America’s cities? Do what Tokyo does.
▼ + stars: | 2023-10-04 | by ( Eliza Relman | ) www.businessinsider.com time to read: +12 min

But affordability isn't an issue in the world's biggest city, Tokyo. In collectivist Japan, housing policy is designed to benefit the most people possible. Earthquakes and small homesAnother feature of the Japanese housing market is purely situational: The country is a hotspot for earthquakes. Could the US import Japanese housing policy? Japan's housing policy "is now quite well understood" among American housing advocates and scholars, he says, "whereas it was not even three years ago."

Persons: metropolises, Eric Adams, Alan Durning, Durning, Jiro Yoshida, NIMBYism, Jenny Schuetz, Yoshida, Schuetz, André Sorensen, there's, Sorensen, Nolan Gray, Impermanence, Gray, tradeoffs, Eliza Relman Organizations: US, America it's, New York City, Sightline, Pennsylvania State University, Brookings Institution, University of Toronto, Earthquakes Locations: Los Angeles, Miami, New York, San Francisco, Tokyo, it's, America, Paris, Japan, inequity, Montana, California, United States, Vienna, Amsterdam, California , Oregon, Washington

☆ Opinion: My journey from a homeless shelter to the ballet stage
▼ + stars: | 2023-10-02 | by ( Opinion Steven Melendez | ) edition.cnn.com time to read: +6 min

Editor’s Note: Steven Melendez is artistic director of New York Theatre Ballet and a subject of the new documentary film “LIFT,” available on Apple and Amazon. He was born in the Bronx, New York, and has danced as a soloist with Ballet Concierto in Argentina, a principal dancer with the Vanemuine Theater Ballet Company in Estonia, and for more than 15 years with New York Theatre Ballet. CNN —Thirty years ago, I lived in a family homeless shelter in New York City, where dreams and struggles often do battle. The LIFT program did not simply introduce me to ballet; it transformed my life. New York Theatre BalletThe rigorous training demands unwavering commitment, punctuality and the relentless pursuit of perfection.

Persons: Steven Melendez, Steven Melendez Rachel Neville, Diana Byer, Jacques d’Amboise, Talent Organizations: New York Theatre Ballet, Apple, Concierto, Vanemuine Theater Ballet Company, CNN, New York Theatre, US Department of Housing, Urban Development, Harvard Joint Center for Housing Studies, Coalition, York Theatre Ballet, National Dance Institute Locations: Bronx , New York, Argentina, Estonia, New York City, Bronx, America

☆ Australia PM rallies support for Indigenous referendum as early voting starts
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: +2 min

BAGUS INDAHONO/Pool via REUTERS/File Photo Acquire Licensing RightsSYDNEY, Oct 2 (Reuters) - Australian Prime Minister Anthony Albanese said on Monday he would focus on having one-on-one conversations with Australians to rally support for the Indigenous referendum, as early voting began in some parts of the country. In a landmark referendum, Australians will decide on Oct. 14 whether to approve altering the constitution to enshrine an Indigenous advisory body called the "Voice to Parliament" that can give advice on matters that affect Aboriginal and Torres Strait Islander people. The proposal, backed by Albanese's Labor government, has been struggling to get majority support with recent opinion polls showing voters will reject it. In a bid to mobilise support, Albanese said if Australians are focused on what the question is from the referendum amid the distractions, they will vote yes, and there is nothing to fear from this campaign. Early voting on the referendum in New South Wales and Australian Capital Territory will begin on Tuesday.

Persons: Anthony Albanese, Joko Widodo, BAGUS, Albanese, Stella Qiu, Lincoln Organizations: Australia's, 43rd Association of Southeast Asian Nations, ASEAN, Rights, Australian, Torres Strait, Albanese's Labor, Aboriginal, Australian Capital, Thomson Locations: Jakarta, Indonesia, Melbourne, New South Wales, Australian Capital Territory

But Portugal's housing crisis curbed her dreams and forced her to live in a tent. Sale prices have skyrocketed 137% in that period, according to housing data specialists Confidencial Imobiliario. Brazilians, who make up 40% of Portugal's migrant community, on average earn around 20% less than Portuguese, according to the Migration Observatory. At Saturday's rallies in Lisbon, Porto and other cities, protesters carried banners reading "Housing is a right!" The 2021 census showed that nearly 38% of Portugal's foreign population lived in overcrowded households, and various rights groups have said migrants often face discrimination in access to housing.

Persons: Marcia Leandro, Andreia Costa, Confidencial, Leandro, Dinis Lourenco, Lourenco, Costa, Miguel Pereira, Catarina Demony, Andrei Khalip, David Holmes Organizations: Confidencial Imobiliario, Migration, Socialist, Thomson Locations: LISBON, Portugal, Brazil, Lisbon, Western, Porto

☆ I didn't want to move to a remote Texas city because I was scared of crime. I was wrong, and now we're happier than ever.
▼ + stars: | 2023-09-30 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +5 min

Ashley Hindson and her husband moved to Midland, Texas, in 2021 in search of new jobs. She said they might not live in Midland forever, but plan to as long as the kids are in school. AdvertisementAdvertisementThis as-told-to essay is based on a conversation with Ashley Hindson, 29, about moving to Midland, Texas. Children playing at Centennial Park in Midland, Texas. AdvertisementAdvertisementI think when the kids are grown and out of the house, we might consider living somewhere else.

Persons: Ashley Hindson, Hindson, —, I've, we've, Alcynna Lloyd, I'm, it's, We're, there's Organizations: Service, Midland, Homeowners Association, Centennial Locations: Midland , Texas, Midland, Colorado, jujitsu

HONG KONG/BEIJING, Sept 28 (Reuters) - China Evergrande Group's (3333.HK) founder is being investigated over suspected "illegal crimes", the embattled developer said on Thursday, as creditors become increasingly concerned about the group's prospects amid an uncertain debt revamp plan and liquidation risk. Evergrande has been working to get creditors' approval for restructuring its offshore debt. The offshore debt restructuring plan now looks set to falter and the risks of the company being liquidated are rising, some analysts said. An Evergrande sign is seen near residential buildings at an Evergrande residential complex in Beijing, China September 27, 2023. "We believe that Evergrande's debt turmoil has had a great turmoil and negative impact on the global economy, and the things behind it are not simple."

Persons: Hui Ka Yan, Evergrande, Hui, Gary Ng, Ng, Florence Lo, They've, Christopher Beddor, Yan Yuejin, Saxo, Redmond Wong, Upasana Singh, Donny Kwok, Scott Murdoch, Ziyi Tang, Anne Marie Roantree, Sumeet Chatterjee, Kim Coghill, Shri Navaratnam, Lincoln, Miral Fahmy, Susan Fenton Organizations: HK, Trading, Asia Pacific, Reuters, REUTERS, Evergrande, China Research, Development Institution, Buyers, China Market, Thomson Locations: HONG KONG, BEIJING, China, Asia, Beijing, Evergrande, Shanghai, Bengaluru, Hong Kong, Sydney

☆ Meet the families who are ditching America to travel abroad as digital nomads
▼ + stars: | 2023-09-28 | by ( Simone Stolzoff | ) www.businessinsider.com time to read: +16 min

At just shy of 400,000 inhabitants, Sintra is also big enough to absorb the 25 Boundless families without the expats dominating all the local haunts. At school, kids are fed organic meals made by a local chef. After school, kids from different families entertained themselves in the cobblestone streets and parks under light adult supervision. But despite some early success, Boundless Education, like the organization itself, is still very much a startup. On my last night in Sintra, the Boundless families gathered together at Praia de Maçãs, a beach 20 minutes from downtown.

Persons: Shirly, Erez Weinstein, Shirly Weinstein, Ella, Mauro Repacci, Simone Stolzoff, Edward, Jessica, —, Rekha Magon, I've, Repacci, Marcos Carvalho, Rolf E, Carvalho, Lona Alia, Alia, Elina Zois, it's, Andreas Wil Gerdes, Penguin Random Organizations: Khan Academy, Green School, Nordic Baccalaureate, North America, Penguin Locations: United States, Israel, Atlanta, Chiang Mai, Thailand, Portugal, Indonesia, Italy, Greece, Bali, Dominican Republic, Sintra , Portugal, Lisbon, Sintra, Ohio, Seattle, Italy's Tuscany, Montreal, Costa Rica, Europe, Southeast Asia, North, Praia, Maçãs, America, San Francisco

☆ European castles, private chefs, and a startup school: These families are ditching the US to live the American dream abroad
▼ + stars: | 2023-09-28 | by ( Simone Stolzoff | ) www.businessinsider.com time to read: +16 min

☆ Evergrande shares halted as concerns mount about developer's prospect
▼ + stars: | 2023-09-28 | by ( ) www.reuters.com time to read: +3 min

An Evergrande sign is seen near residential buildings at an Evergrande residential complex in Beijing, China September 27, 2023. Evergrande has been working to get creditors' approval for restructuring its offshore debt. The offshore debt restructuring plan now looks set to falter and the risks of the company being liquidated are rising, some analysts said. The company shares ended down 19% on Wednesday in the Hong Kong market, taking their losses to 81% since the resumption of trading in late August after a 17-month suspension. The recent regulatory easing may stabilize the housing market in the world's second-largest economy to some extent, Saxo Greater China Market Strategist Redmond Wong wrote in a research note.

Persons: Florence Lo, Hui Ka Yan, Hui, Evergrande, Gary Ng, Ng, Redmond Wong, Donny Kwok, Scott Murdoch, Ziyi Tang, Anne Marie Roantree, Sumeet Chatterjee, Kim Coghill, Shri Navaratnam Organizations: REUTERS, China Evergrande, HK, Bloomberg, Reuters, Asia Pacific, China Market, Thomson Locations: Beijing, China, HONG KONG, China's, Evergrande, Asia, Hong Kong, Saxo, Sydney, Lincoln

☆ Australia's Byron Bay limits Airbnb-like rentals amid housing crisis
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +2 min

SYDNEY, Sept 26 (Reuters) - Popular Australian tourist destination Byron Bay will limit the availability of some properties for short-term holiday rentals, as authorities try to free up homes for residents amid a nationwide housing crisis. Byron Bay is a beachside destination popular with tourists and celebrities, and was featured in a Netflix reality TV series. "It's well known there has been an undersupply of housing, particularly affordable and diverse housing across the Byron Shire for many years," NSW planning minister Paul Scully said in a statement announcing the policy. "In the current housing crisis, it's important every available means to boost housing stock for the community is utilised." Parts of Byron Bay and nearby Brunswick Heads with "high tourism appeal" will continue without caps.

Persons: Byron Shire, Byron Bay, Chris Hemsworth, Paul Scully, Lewis Jackson, Miral Organizations: Popular, Melbourne, Netflix, Thomson Locations: Popular Australian, Byron, New South Wales, Victoria, NSW, Byron Bay, Brunswick, Australia, Berlin, Barcelona

☆ Stock futures are little changed after Tuesday's sharp losses: Live updates
▼ + stars: | 2023-09-26 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Dow Jones Industrial Average futures rose by 34 points, or 0.1%. Futures linked to the S&P 500 inched up 0.1%, while Nasdaq 100 futures added 0.1%. Economists' estimates called for 695,000, per Dow Jones. Economists polled by Dow Jones had forecasted 105.5. Economists expect they declined 0.5%, according to Dow Jones.

Persons: Dow, Dow Jones, Rob Haworth, Blanke, Robert Schein, Schein Organizations: Dow Jones Industrial, Nasdaq, Costco, Homes, Census Bureau, Department of Housing, Urban Development, Conference, Bank Asset Management, Micron Technology Locations: U.S

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