Millennials have poured over $500 billion into the housing market over the past year...but what caused this boom? Ed Groshans, Senior Financial Services Analyst at Height Securities joins Your Future Home to discuss where the trend is going and what benefits it's creating along the way.
Groshans says the new tax plan and decreasing unemployment numbers are putting more money into the pockets of young adults. Plus, because millennials are getting married and having kids later in life they are more financially savvy and have saved for a mortgage, home repairs, etc.
He also talks about getting into the housing market while the interest rates are down. He predicts we'll see an upswing in rates over the next few years so it would be smart to get in now.
Video game company Activision Blizzard said it's cracking down on workplace harassment following a settlement with the EEOC for $18 million. More than 20 workers and supervisors were fired (though no executives), and the company revealed plans to expand its ethics and compliance team.
Netflix workers are staging a virtual walkout today following backlash surrounding Dave Chappelle's comedy special "The Closer" and comments aimed at the LGBTQ+ community.
The ProShares bitcoin futures ETF jumped nearly 5% on its first day of trading, and ultimately closed the day at nearly $42 dollars a share, a solid jump from its initial $40 dollar price. Rayne Steinberg, co-founder and CEO of Arca breaks down the success of day one and what lead to the bitcoin futures ETF having the second most successful ETF debut ever.
Netflix is riding high following the release of its Q3 earnings report, which beat revenue expectations after hitting $7.5 billion. The streaming giant also added 4.4 million new subscribers in the quarter.
Google is gearing up to release a new round of its smartphones with the Pixel 6 and Pixel 6 Pro models. The phones will be powered by the tech giant's very custom chip called Tensor.
