Companies, Top Marketers See Value in Part-Time ‘Fractional’ CMO Jobs

Companies in need of new marketing leadership are increasingly turning to interim, or fractional, chief marketing officers to drive growth. Fractional executives work on a contractual basis for a finite period. They often juggle multiple part-time clients simultaneously, and their average tenure at each company is six to nine months, though it can range from … Read more

NJ Regulators Allege ‘Massive, Nationwide Fraud’ by Real Estate Fund

Securities regulators in New Jersey have ordered Secaucus development firm National Realty Investment Advisors to cease what they characterize as fraudulent activity, alleging that the firm misled investors while funneling millions of dollars to executives and their families. The New Jersey Bureau of Securities said in its 63-page cease-and-desist order that NRIA had operated a … Read more

Out of 50 major housing markets in America, just 6 now have more new real estate listings now than before the pandemic. Here’s what that might mean

San Francisco is one of the areas with more new listings now than pre-pandemic. Getty Images Even as mortgage rates continue their upward climb (see the lowest rates you can qualify for here), home prices have continued to rise. And one big factor in those rising home prices is that America is currently facing a … Read more

The Stock Market Rally Is Real. It’s Still a Bear Market.

Text size Federal Reserve Chairman Jerome Powell. Kevin Dietsch / Getty Images) Even bear markets get bounces. The stock market had a terrific week, and for the first time in a long time, the rally feels like it can last. The Dow Jones Industrial Average rose 5.4%, the S&P 500 gained 6.4%, and the Nasdaq … Read more

Disney is seeing ‘resilient’ theme-park attendance despite turbulent economy, says analyst

In the face of turbulent economic times, Walt Disney Co.’s theme-park business could still see some magic. Bank of America’s Jessica Reif Ehrlich wrote Thursday that attendance at Disney DIS, -0.43% parks “remains resilient despite recent macro volatility as visitors rarely cancel trips once booked.” She added that the company move to cancel Disneyland annual … Read more

Fed looks ‘dead set’ on tightening financial conditions until the economy slows, warns BlackRock

The Federal Reserve’s battle to get inflation down from a 40-year high probability means it will raise interest rates until the US economy slows, strategists at the BlackRock Investment Institute warned on Tuesday. “The Fed seems dead set on raising rates this year to levels that, in our view, would clearly slow the economy,” Jean … Read more

School districts, hospitals are in the housing business and becoming landlords

“I never thought I’d be doing this,” said Randi Lowe as she reviewed a spreadsheet of southern Vermont homes available for rent or sale. Lowe isn’t in the real estate business – she’s the superintendent of a Vermont public school system. But for the past few months, she and her staff at the Bennington-Rutland Supervisory … Read more

The Economy Is Headed for a Hard Landing. Larry Summers on Inflation, Recession, and the Fed.

Economist Lawrence H. Summers never joined Team Transitory, or the economists, investment strategists, and members of the Federal Reserve who thought inflation would be a temporary phenomenon. Instead, he warned early and often that massive fiscal and monetary stimulus unleashed in response to the impact of the Covid pandemic would result in the economy overheating. … Read more

The Economy Is Headed for a Hard Landing. Larry Summers on Inflation, Recession, and the Fed.

Economist Lawrence H. Summers never joined Team Transitory, or the economists, investment strategists, and members of the Federal Reserve who thought inflation would be a temporary phenomenon. Instead, he warned early and often that massive fiscal and monetary stimulus unleashed in response to the impact of the Covid pandemic would result in the economy overheating. … Read more

3 crucial financial moves to make now after the Fed’s biggest rate hike since 1994

In a matter of months, it’s become more expensive to carry a credit card balance, a car loan or a mortgage as the Federal Reserve’s interest rate hikes have seeped into borrowing costs. It’s tough medicine that central bankers hope will break the fever of hot inflation – and no one expects the doses to … Read more