Targets chief Financial Officer. The cfo will be joining us in a power lunch exclusive to give us his financial forecast. We begin now with the health of the American House housing market, and new numbers on home sales as we begin to gear up for that spring selling season. Fingers crossed it comes. Youve got dr horton and toll. All moving to the down side. Lets get to diana who is live in washington. Hi diana. Hi mandy. After a disappointing report on january sales of existing home sales of newly built homes out today a bit more heartening but you have to keep them in perspective. Take a look. January sales came in at an annualized rate of 4,1,000. Thats flat from december but december had seen a huge 11 monthly jump, and we didnt give any of that back. Thats good. The 30year average for new home sales is over 700,000 a were. We still have a long way to go. Sales of new homes priced under 150,000 are onethird of what they were a year ago. That is why luxury home builder Toll Brothers i
Wa warned, not just big crowds but all that pressure to buy, buy, buy could take a financial toll on anyone. Shopping tips to help you avoid mistakes. A woman posted a photo and after an avalanche of protests loses her job. Did he purposely kick an opponent in the groin . Newsroom starts now. Good morning to you. Happy friday. Im carol costello. It is black friday. Some 147 million americans are hitting the stores on this weekend after thanksgiving. Lines are long. Tempers short. Push one of my kids i will stab one of you [ bleep ]. Police in South Sacramento responded to the store where that happened and they were able to calm things down, but as you can see, long lines may not be the only thing waiting for you at the stores this morning. Many walmart workers are now walking off the job in Stores Across the country. This is a live actually, are these taped images from wjla . These are live pictures from our washington affiliate, landover, maryland. These are striking walmart workers,
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Expected worker pay raises and the end of federal COVID funds are driving a budget gap for the city of Minneapolis that could lead to a steep hike in property taxes.