Business

BARBADOS PLANS TO DEVELOP OUT OF THIS WORLD Barbados Is Opening a Diplomatic Embassy in the Metaverse When Barbados, population 287,370, opens its next embassy, almost anyone on the planet will be able to knock on the door. The diplomatic compound is being built in Decentraland, an online world, or metaverse, accessible through a computer and a virtual reality headset. […More]

TIME IS RUNNING OUT FOR BUSINESSES TO GET SBA LOANS Howard Hughes Time is running out for businesses to get COVID-19 assistance from the Small Business Administration (SBA). The program is set to expire on December 31st, 2021; however, the SBA is encouraging businesses in low-income areas to apply for the Targeted Advance grant of $10,000 through the end of […More]

IS A HOUSING MARKET CRASH LOOMING? Will the Housing Market Crash in 2022? Historically low mortgage rates and droves of people working from home due to the pandemic made the housing market red-hot this year. Demand was high and supply was low, leading to a hyper-competitive market where more than half (54%) of homes sold above list price, according to a […More]

$400,000 IS THE NEW MEDIAN FOR US HOME SALES The median home price just passed $400,000 for the first time ever The median USA home price surpassed$400,000.00. It reaxhed $404,700.00 after having leaped nearly twenty percent since the third quarter of 2020, when the median sales price was $385,700K.

Mon, June 14, 2021, 6:00 AM New mortgage refinance program for lower-income homeowners opens. (Borrowers should contact their lenders for more information. Not all lenders will participate in the program, so shop around with various lenders. Homeowners can verify whether they have an eligible loan with Fannie Mae’s Loan Lookup Tool at knowyouroptions.com/loanlookup). A new mortgage refinancing program from Fannie […More]

President Biden is proposing a $15,000 tax credit for first-time homebuyers, to help offset the cost of homebuying and help millions of families “lay down roots for the first time,” according to the newly sworn-in president’s campaign website. “Building off of a temporary tax credit expanded as part of the Recovery Act, this tax credit will be permanent and advanceable, meaning […More]

Gordon Stewart the chair of Sandals Resorts International is dead. Gordon Stewart fondly known as Butch Stewart died in the United States yesterday (January 4, 2021) during a period of illness, sending shock and grief throughout, especially his native Jamaica and the rest of the Caribbean. Butch Stewart was 79 years old. He began working at the tender age of […More]

The Feds Cut Interest Rates Again On Wednesday September 18th, 2019 at about 2pm Fed cuts rates on 7-3 vote, gives mixed signals on next move By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – The U.S. Federal Reserve cut interest rates by a quarter of a percentage point for the second time this year on Wednesday in a widely […More]

HOWARD HUGHES BUSINESS BOOK: “BUSINESS FOR EVERYONE” Order your book today and receive FREE shipping to most destinations. To order call 1.347-221-0607 or go to Howard Hughes on Facebook or CPNEWS1.com This “Great Life Changing Book” is recommended for young people from the age of 7 years and older. it is also good for new business entrepreneurs and for anyone […More]

Business owners getting squeezed by their landlords can get free lawyers from the city to help with their leases under a new program being launched this week. The $2.4 million program will give small-business owners 40 hours of legal aid to help them deal with landlords trying to boot them from their storefront or jack up the rent, or with […More]