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Amazon, JPMorgan Donate Money To Ease Coronavirus Crisis

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The bank plans to donate $2 million to the COVID-19 Solidarity Response Fund run by the United Nations and the World Health Organization (WHO). The company is going to donate $1 million between four organizations in Washington, D.C. The bank has earmarked $3 million to international groups that provide the same service.

Arlington 214
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Millennials Pivot Toward Homeownership; Economic Ripple Effects Still Unknown

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The theory most famously put forth by the Washington Post’s Catherine Rampell is that millennials were scared by the mortgage market meltdown that triggered the Great Recession in 2008, preferred to live in cities and were unwilling to tie themselves to a single location the way previous generations had. Today’s Buying Boom .

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NAR: High Prices Stifle October Home Sales

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The National Association of Realtors (NAR) said that its Pending Home Sales Index (PHSI) is down for the second consecutive month, dropping 1.1 Only the southern region of the U.S. saw encouraging expansion, “although each region achieved year-over-year gains in pending home sales transactions,” the announcement stated.

Las Vegas 160
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Amazon’s Saudi Arabia eCommerce Site Debuts

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The United Nations said in January that it had evidence of bin Salman’s involvement in that plot, which Saudi Arabia called “absurd,” according to Reuters. Bezos owns The Washington Post, whose journalist Jamal Khashoggi, a critic of Saudi Arabia’s government, was murdered in October 2018.

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Instacart Rolls Out Delivery Service With Costco For Prescriptions

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The prescription delivery service of Instacart lets customers of Costco finish their complete shopping trip through the web and comes after a multi-state experiment in Washington and California. As it stands, Instacart partners with over 350 local, regional, and national retailers to provide delivery from over 25,000 stores.

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Philadelphia Mall Owner Takes Care Of Its Own

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“The experience of the mall CMBS [commercial mortgage-backed security] from Starwood is certainly symptomatic of the larger narrative,” said Christopher Sullivan, chief investment officer of United Nations Federal Credit Union, as reported in Yahoo! But apparently they’re doing something right in Philadelphia.

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First New Community Bank In Decades Headed To US Market

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is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. The bank is one of several newly proposed community banks in the region, with goals of disrupting the financial services landscape, including business and corporate banking.