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MARKET


Monroe-area home prices fall 2.2% in March, with houses for sale in high demand

In Monroe County, homes for sale had a median price of $163 per square foot, while Michigan's was $156

monroenews.com

Ann Arbor-based Censys expands to Europe

Censys is a leading provider of continuous attack surface management.

Another rough market puts two of our newest stocks on sale. So we're buying more

We're dipping into our large, low double-digit percent cash position to make these two buys into Friday's broader stock market selloff.

cnbc.com

ExxonMobil Cuts Ties With Russia

ExxonMobil's decision to leave the Russian market makes it the latest energy company to cut ties, following in the footsteps of BP and Shell.

newsy.com

ExxonMobil Cuts Ties With Russia

ExxonMobil's decision to leave the Russian market makes it the latest energy company to cut ties, following in the footsteps of BP and Shell.

www3.newsy.com

Tech Time: High-tech Atlanta grocery store is all digital

A market in Atlanta, Georgia opened in community in need of access to healthy foods -- but the store is not your typical market.

Chinese cryptocurrency exchange Huobi plans to re-enter U.S. market, but with asset management focus

Several years of tighter crypto regulation in China has given Huobi further impetus to expand into other parts of Asia with Europe and the U.S. next.

cnbc.com

Half-term travel: UK families avoid Spain over jab rules

Spain's rule barring unvaccinated over-12s means UK travellers are opting for Mexico and Turkey instead.

bbc.co.uk

American Pessimism Doesn’t Extend to Shorting the Market

Even investors who are skeptical about U.S. prospects are sticking with their portfolios.

washingtonpost.com
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The Most Important Number of the Week Is 359

The narrow spread between junk bond and Treasury yields suggests that what is happening in stocks may be little more than a routine repricing after a strong run-up.

washingtonpost.com

Hedge fund Senvest posts 85% return in 2021 riding GameStop meme, among Wall Street's best

Senvest Management generated full-year returns of 85 percent, according to an investor familiar with the numbers.

cnbc.com

Here’s how holidays will impact Ann Arbor Farmers Market schedule

Your last chance to shop this year at the Ann Arbor Farmers Market is Wednesday.

Are Hedge Fund ‘Bubble’ Bets Naughty or Nice?

Europe isn’t comfortable with financial investors making bank on its carbon market. But that’s short-sighted.

washingtonpost.com

China’s Bond Watchers Are Missing a Big Part of the Picture

Developers have borrowed plenty from offshore banks, but no one knows how much or when it’s due.

washingtonpost.com

New Zealand PM Ardern announces UK trade deal

New Zealand Prime Minister Jacinda Ardern announces a comprehensive in-principle free trade agreement with the UK, arrived at after 16 months of talks. London said the deal ends tariffs on British exports such as clothing, footwear, ships and bulldozers. It estimated that trade between the two countries last year was worth £2.3 billion ($3.2 billion, 2.7 billion euros).

news.yahoo.com

No Time to Die scores James Bond's biggest UK opening box office weekend

Daniel Craig's final outing scores the biggest box office weekend ever for a Bond film in the UK.

bbc.co.uk

Libor Should Die With a Whimper, Not a Bang

Sterling markets have been the quickest to abandon the discredited interest-rate benchmarks. Regulators elsewhere should pay heed.

washingtonpost.com

An original Sears ‘kit house’ is reassembled into a modern knockout

She wanted to live in the city. He wanted a house. A 99-year-old bungalow in D.C.’s Cleveland Park was the answer.

washingtonpost.com
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Community hub moving into former Lucky’s Market space in Ann Arbor

A reimagined community hub will be giving the former Lucky's Market space a new lease on life.

House prices jump 9.5% as buyers seek larger homes, Halifax says

Halifax said prices were boosted by the government's stamp duty holiday, which ends this month.

bbc.co.uk

Disney says Disney+ streaming service now tops 100 million paid subscribers

Elizabeth Olsen as Wanda Maximoff and Paul Bettany as Vision in Marvel Studios' WANDAVISION exclusively on Disney+. The Walt Disney Co. announced Tuesday its streaming service Disney+ now has more than 100 million paid subscribers worldwide. Disney+ was launched in the United States back in November 2019, just in time for the 2019 holiday season. The announcement Tuesday about the Disney+ subscription milestone was made during a Disney annual shareholders meeting. Right now, Disney is enjoying another hit on the streaming service, “WandaVision.” It’s a series based on Marvel Comics characters.

Charming home steps away from downtown Ann Arbor hits market

ANN ARBOR – This three-bedroom, 1.5-bath home at 722 W. Washington St. is on the market for $420,000. Read: Ann Arbor realtors weigh in on real estate during pandemicOne block from the Ann Arbor YMCA, this home is steps away from all the amenities downtown Ann Arbor has to offer, including Argus Farm Stop, Downtown Home and Garden, Blank Slate Creamery and more. Living room at 722 W. Washington St. in Ann Arbor. (Stylish Detroit)Kitchen at 722 W. Washington St. in Ann Arbor. (Stylish Detroit)Master bedroom at 722 W. Washington St. in Ann Arbor.

Robinhood sends market volatility warning to brokerage app users

Asian shares skidded on Thursday as a reality check set in about longtime economic damage from the coronavirus pandemic, giving Wall Street its worst day since October. (AP Photo/Ahn Young-joon)Robinhood is warning its brokerage app users about “market volatility” while small-pocket investors continued their battle with the big players on Wall Street by pouring money into companies like GameStop and AMC. Easy-access trading apps like it are at the center of the war between groups of small investors communicating on social media and Wall Street short sellers. Here are some specific articles from Robinhood Learn to help make sense of market volatility: -- The stock market has been super volatile – How can I make sense of it? Amid significant market volatility, it’s important as ever that we help customers stay informed.

Robinhood, TD Ameritrade, other brokerages have tech problems at market open

Robinhood and TD Ameritrade were among the brokerages that reportedly experienced “technical difficulties” at open. Robinhood, TD Ameritrade & other major brokerages experiencing technical difficulties at open, due to record volume. — TD Ameritrade (@TDAmeritrade) January 27, 2021There were reports of login issues on the TD desktop site, too. By 11 a.m. the issue was resolved, TD said:Access to the TD Ameritrade Mobile app has been resolved. AdRead more: Stocks fall sharply on Wall Street, led lower by tech stocksRelated: In GameStop saga unfolding on Wall Street, 2 Goliaths fall

Stock up on Michigan-made products for the holidays

The advertiser paid a fee to promote this sponsored article and may have influenced or authored the content. This article is sponsored by Westborn MarketIt’s Michigan Food Week on Live in the D! They also have the Michigan Food Dome at their Berkley location which includes all Michigan-made products. Westborn Market also wants to help you prepare for the holidays with gift baskets with all Michigan products. Westborn Market has four locations around the D including Berkley, Dearborn, Livonia, and Plymouth.

The stock market election indicator should be good for Trump, but this year could be an exception

But strategists say the so-called stock market indicator may not be working for President Donald Trump, and it looks like the market is betting on a win by Joe Biden. "You could say the market is discounting that Trump is going to lose," said Daniel Clifton, Strategas Research head of policy research. "Normally, the S&P predicts the presidential election, but that's usually confirmed by the election portfolio." Clifton said a portfolio of stocks that should do well during a Biden presidency have been outperforming Trump stocks. Stovall said those two election periods were affected by geopolitical disruptors, and this year the market is already pricing in some of Biden's policies.

cnbc.com

History says the surprising S&P 500 stocks that led market to record, and the Dow, have room to run

The market is hyper-focused on the group of big tech stocks that now dominate the S&P 500, especially as Apple recently eclipsed the $2 trillion valuation mark and these technology companies come to represent as much as 20% of the index. But it was not the tech sector which posted the biggest returns as the market was running towards its new all-time record level notched last week. The S&P 500 Industrials led all sectors higher in the month of trading ended August 14, gaining well over 10%, and doubling the gain in the broad S&P 500 Index. According to recent market history, the rally could continue, benefitting not just the old-school, blue-chip stocks in the industrials sector, but the broader market and Dow Jones Industrial Average. Zoom In Icon Arrows pointing outwards Over the past decade, after a big run in the S&P 500 industrials sector, the gains tend to continue for a month.

cnbc.com
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Westside Farmers Market returns to Ann Arbors west side July 9

ANN ARBOR, Mich. On July 9, the Westside Farmers Market will return to the parking lot of Zingermans Roadhouse for its 15th season. From 3 p.m. to 7 p.m. every Thursday until Oct. 8, community members can stop by the farmers market to pick up locally grown produce and to meet Michigan farmers and vendors. We are incredibly excited to be bringing our farmers market back to the Ann Arbor community for the fifteenth year, said Alexander Steward, director of the Westside Farmers Market in a statement. Parking in the Zingermans Roadhouse lot is free. Founded in 2005, the Westside Farmers Market accepts food access programs including SNAP cards, Double Up Food Bucks, Senior Project Fresh and WIC Project Fresh.

Canton Farmers Market 2020 season: Vendors, staff required to wear masks

CANTON TOWNSHIP, Mich. The Canton Farmers Market will be back Sunday, July 12 at Preservation Park (located at 500 N. Ridge Road in Canton Township) while the coronavirus pandemic continues. All vendors and farmers market staff will be required to wear face masks and market-goers are strongly encouraged to don protective face-coverings.Organizers also say the market shopping area will be fenced off with only one entrance and exit, located off of Ridge Road. With current Michigan gathering size limitations in place, market-goers may be asked to cue and wait before accessing the market grounds depending on crowd sizes. The Canton Farmers Market will be open each Sunday from 9 a.m. until 1 p.m. through October 25, 2020, and will feature a variety of local produce. Expected items for the first market include: beets, berries, broccoli, apples, cabbage, carrots, cucumber, eggplant and more.

University of Michigan sells nearly $1B in bonds in wake of coronavirus

ANN ARBOR As colleges and universities sell bonds to offset mounting debt due to the coronavirus pandemic, the University of Michigan is the latest player to join the trend. U-M has sold nearly $1 billion in bonds to refinance debt and to pay for construction projects, according to a Bloomberg report. So far this year, colleges have issued nearly $23 billion in bonds and are now taking advantage of declining interest rates that have come with recently stabilized markets. As uncertainty looms over the upcoming fall semester, experts say elite universities should fare the storm due to their large endowments and high applicant rate. School officials have said they will announce a formal decision on the fall semester later this month.

Dow plunges amid global market fears

The Dow Jones industrial average ended the day down more than 500 points. It was the worst week for stocks since 2011. CBS News correspondent Jim Axelrod reports on what's driving the drop.

cbsnews.com
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