Real money. Hey, this is real money. You are the most important part of the show. Tell me whats on your mind by tweeting me eighth ali velsh me ali velshi. Its the american dream, but finding an affordable home is getting harder to do. In a report put out by real estate data company trulia only 14 of the markets are now within reach of middle income buyers. A year ago this was 20 . Only half the houses available in denver are now affordable to a Median Income earner, down from 67 a year ago. Down from twothirds. In atlanta, 72 are now within reach of the middle class. Thats down from 79 a year ago. Predictbly the most affordable market for americas middle class are concentrated in the south and midwest. When we say a share of the market is affordable or within reach of middle class home buyers that means the total Monthly Payments on a home loan are no more than 31 of a metro areas median household income. More than 31 of the Median Income in a given metro area. Metro areas in ohio, ak
You on those new exchanges. And stuck in a rut . Manufacturing has been booming. But now some smaller shops they think may have peaked and that could be a troubling sign for job growth. We have all that and more tonight on nightly Business Report for wednesday, september 25th. Good evening, and welcome. Call it the walmart effect. If there was ever, ever any doubt about how much walmart matters to the economy, to the stock market, to suppliers and competitors, those doubts were put to rest today. Walmart shares took abrupt 3 dive midday yanking the dow down with it after the press report said the company is cutting orders to suppliers amid sluggish sales and rising inventories. Take a look at an intraday chart of walmart and zero in on that drop. Right there, around 1 30 p. M. Eastern time. As you see, the stock did recover about half of that loss after the company knocked the bloomberg article as, quote, misleading. A spokesman characterized any order pullbacks as category by category
25th. Good evening, and welcome. Call it the walmart effect. If there was ever, ever any doubt about how much walmart matters to the economy, to the stock market, to suppliers and competitors, those doubts were put to rest today. Walmart shares took abrupt 3 dive midday yanking the dow down with it after the press report said the company is cutting orders to suppliers amid sluggish sales and rising inventories. Take a look at an intraday chart of walmart and zero in on that drop. Right there, around 1 30 p. M. Eastern time. As you see, the stock did recover about half of that loss after the company knocked the bloomberg article as, quote, misleading. A spokesman characterized any order pullbacks as category by category, not across the board. Walmart did finish the day about 1. 5 lower on twoandahalf times normal volume. The episode served as a reminder when walmart sneezes others catch cold. Names like costco, target, dollar general, dollar tree and Family Dollar and retrailers werent
But now some smaller shops they think may have peaked and that could be a troubling sign for job growth. We have all that and more tonight on nightly Business Report for wednesday, september 25th. Good evening, and welcome. Call it the walmart effect. If there was ever, ever any doubt about how much walmart matters to the economy, to the stock market, to suppliers and competitors, those doubts were put to rest today. Walmart shares took abrupt 3 dive midday yanking the dow down with it after the press report said the company is cutting orders to suppliers amid sluggish sales and rising inventories. Take a look at an intraday chart of walmart and zero in on that drop. Right there, around 1 30 p. M. Eastern time. As you see, the stock did recover about half of that loss after the company knocked the bloomberg article as, quote, misleading. A spokesman characterized any order pullbacks as category by category, not across the board. Walmart did finish the day about 1. 5 lower on twoandahal
25th. Good evening, and welcome. Call it the walmart effect. If there was ever, ever any doubt about how much walmart matters to the economy, to the stock market, to suppliers and competitors, those doubts were put to rest today. Walmart shares took abrupt 3 dive midday yanking the dow down with it after the press report said the company is cutting orders to suppliers amid sluggish sales and rising inventories. Take a look at an intraday chart of walmart and zero in on that drop. Right there, around 1 30 p. M. Eastern time. As you see, the stock did recover about half of that loss after the company knocked the bloomberg article as, quote, misleading. A spokesman characterized any order pullbacks as category by category, not across the board. Walmart did finish the day about 1. 5 lower on twoandahalf times normal volume. The episode served as a reminder when walmart sneezes others catch cold. Names like costco, target, dollar general, dollar tree and Family Dollar and retrailers werent