People are snatching up vacation homes. And many are paying with cash
CNN
It's not just puppies and sourdough starter. Another thing that spiked during the pandemic: the purchase of vacation homes.
Remote workers who were able to log on from anywhere snapped up homes in vacation areas, sending seasonal home purchases skyrocketing last year. Vacation home sales rose by 16% in 2020 from the year before, outpacing overall growth in existing-home sales last year which was 5.6%, according to a report from the National Association of Realtors. And the trend has continued into this year with sales already up 33% through April over last year.
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didn’t produce as many cars during the pandemic, and those cars would be in the used marketplace today. And as prices go up, more people will look into buying used cars, spiking demand.
Nintendo on Wednesday announced the Switch 2, the sequel to its wildly successful hybrid game console from over eight years ago. Now, the video game company must prove that it can follow one blockbuster hit with another, a goal it’s struggled to achieve in the past.
Tesla sales plunged 13% in the first three months of this year, as the company reported the largest drop in deliveries in its history by far, as backlash against CEO Elon Musk, and growing competition from other automakers’ electric vehicles, took a large bite out of demand for its EVs.
While the top minds in artificial intelligence are racing to make the technology think more like humans, researchers at Elon University have asked the opposite question: How will AI change the way humans think?
Chinese electric vehicle champion BYD has reported a 60% surge in sales in the first quarter of the year as archrival Tesla stumbles.
President Donald Trump’s “Liberation Day” is here.
A US Senate investigative subcommittee opened a review on Tuesday into efforts by Facebook parent Meta Platforms to gain access to the Chinese market and is seeking documents from the company.
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Loyal Newsmax viewers who listened to the channel’s entreaties last year and lined up to buy $10-per-share stakes in the company are feeling pretty rich right about now. Those shares are currently worth more than $130 each.
Ford reported a strong start to the year as car buyers flooded dealerships to buy cars ahead of the threat of tariffs that could raise prices.
President Donald Trump has kept his promise on tariffs — so much so that it’s freaking out investors, economists, CEOs and a growing segment of the population who fear the import taxes will do more harm than good.
President Donald Trump says he “couldn’t care less” if car prices rise because of his tariffs. They will – whether he wants them to or not.
Europe has “a strong plan” for striking back at the United States in response to Donald Trump’s tariff hikes “if necessary,” a top official said Tuesday on the eve of a long-anticipated announcement of massive import levies by the US president.