Existing Home Sales Surge, A Decade to Dig Out for NYC, Hotel Headwinds

Stocks rallying after existing home sales in July posted its biggest increase EVER… an economist and an investment strategist weigh in.

And entrepreneur Don Peebles on Joe Biden’s messaging…and why it’s going to take NYC a decade to recover from the economic fallout due to the pandemic.

Sticking with New York, some big-name hotels are in big trouble as they remain vacant. A look at the foreclosures that may be coming in Manhattan and across the country.