Scott Reeves

Writer

Donald Trump's Brand Takes Massive Hit After Capitol Riot

Deutsche Bank, Donald Trump's business lender since the 1990s, has announced that it will not continue to do business with him following last week's assault on the U.S. Capitol. The soon-to-be-former president owes about $340 million in loans with notes that come due in 2023 and 2024, CNBC reported.

First-time Buyers at Disadvantage as Housing Prices Surge

The robust housing market underscores the growing split between those who could work from home during the pandemic and remained employed, and those who couldn't, and didn't. Lean housing inventories have led to bidding wars in many markets, pricing many first-time buyers out of the market.

Think Finding a Job Out of College is Hard? Try Doing It in a Pandemic

With COVID-19 running rampant, and employers across the country cutting the size of their workforce, many recent college grads are finding it difficult, if not impossible, to put their newly minted degrees to work. But some grads aren't waiting for the market to come to them.

Fed Sees Positive Signs for Economy But Pins Hopes on Further Stimulus

The Federal Reserve plans to keep interest rates low for the foreseeable future, even if the economy recovers sooner than expected from the COVID19 slump. The decision to keep interest rates low is good news for homebuyers shopping for a low mortgage rate, but bad news for small savers.

Bitcoin Tops $20K, Investors Expect Rally to Continue

The value of Bitcoin exceeded $20,000 for the first time Wednesday, underscoring its move from amateur plaything to investment and inflation hedge, a cyber currency analyst believes. And it could become an alternative to gold.

Will Top Companies Follow Elon Musk's Lead and Flee California?

Elon Musk's decision to leave California for Texas is the latest departure in the stampede of major companies out of the Golden State. Many companies, including Musk's Tesla, a maker of electric cars, cite high taxes, crushing regulations and deteriorating quality of life as the reasons for leaving.

Has COVID-19 Caused Positive Change for Office Efficiency?

Designers and health officials have developed ways to limit risk of infection from COVID-19 and other viruses. And even with the development of effective vaccines, the office as we have known is likely never to be the same again.

Stimulus Funding Needed for Transit Systems Nationwide to Avoid Cuts

Transit systems throughout the nation face deep deficits and an uncertain future. Even with effective COVID-19 vaccines developed by Pfizer, Moderna and others, it's unclear how many workers will return to the office in major cities once they are available and widely distributed. That could permanently alter transit ridership.

Financial Impact of COVID-19 Depends on Location and Economic Class

n the past, economic performance often varied by region based on the type, strength and variety of industries as well as educational level. It was no mystery why California's Silicon Valley prospered while the Midwest's Rust Belt contracted or isolated regions in the South stagnated.

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