Page 42 - Hillary Hoffower News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Millennial demand for homes left America short of 2.5 million houses, Jefferies writes. Contractors need to build at least 2 million to meet demand.

Roy Rochlin/Getty Images Gen Z will earn a third less on stock and bond investments than past generations, Credit Suisse found. They can expect average annualized returns of just 2%, according to the bank's investment returns yearbook. Another obstacle for Gen Z: they've been the most unemployed during the pandemic. Gen Z is walking a rocky road to getting rich. They're set to earn less than previous generations on stocks and bonds, according to Credit Suisse's global investment returns yearbook. In fact, the generation can expect average annual real returns of ...

JOSH EDELSON/AFP/Getty Images Facebook is converting part of its headquarters into a COVID-19 vaccination site. The vaccination site is intended for "underserved, hard-hit communities," COO Sheryl Sandberg said.  Californians over the age of 16 are eligible to be vaccinated starting on April 15. Part of Facebook's sprawling Menlo Park, California, campus is being converted into a COVID-19 vaccine site. "We're partnering with Ravenswood Family Health Network to convert part of our headquarters into a vaccination site for hard-hit communities," Facebook COO Sheryl...

David Santiago/Miami Herald/Tribune News Service via Getty Images A Zillow survey found that 11% of Americans moved during the pandemic, mostly for positive reasons. Life and financial uncertainty were main reasons homeowners haven't listed their homes for sale. There are 40% fewer homes on the market than last year, and experts expect inventory to remain at record lows. The pandemic has taken a financial and emotional toll on the country, but a new survey found that the option of remote work has been a bright spot for many Americans in terms of flexibility in ch...

Drew Angerer/Getty Images Some experts fear households will quickly spend their savings and fuel runaway inflation. Studies suggest most will hold onto the cash even after the US reopens, Fed researchers said. Gradual reopening and widespread vaccination have economists wondering how Americans will spend in a post-pandemic economy. Researchers at the Federal Reserve Bank of New York see little cause for concern. Americans enjoyed a savings surge during the pandemic as government stimulus hit households and ...