Short-term rental market faces consolidation as start-ups and small landlords offload properties

Venture-funded companies and mom and pop businesses in the short-term rental market are offloading properties after the coronavirus dramatically curtailed travel. Travel BEST TRAVEL DEAL: Find Great Deals At Radisson’s Official Site. Book Now And Save! (300×250)” >

4.8.20 What to do if you can’t pay rent; SBA lending progress update; What is happening in the housing market; Private student loan forbearance

Clark tells you how to handle a scenario in which you can’t pay rent. The key is communication. The SBA lending progress is still tied up. Clark talks about what is happening on the ground and the changes he would … Read more…

Economist: Next week’s jobless claims could hit 2 million as coronavirus halt slams labor market

“It looks to me like the order of magnitude in most states seems to be about 10 times higher than the normal weekly numbers before the crisis,” said Pantheon Macroeconomics’ Ian Shepherdson. Economy ECONOMY NEWS UPDATE: SPECIAL NEWS UPDATE: Click … Read more…

China worried that coronavirus would cause a market meltdown. Its reaction risks stoking a bubble instead

China’s desire to support its financial markets in the wake of the virus outbreak may have moved the needle too far the other way. It’s taken a sweeping and coordinated effort from top officials to prevent a downward spiral in Chinese stocks. … Read more…

Telepool Acquires Will Smith’s ‘King Richard’ in Germany, Reveals Berlin Market Premieres (EXCLUSIVE)

German film and TV company Telepool, jointly owned by Hollywood actor-producer Will Smith and Swiss investor Elysian Fields, is moving forward in multiple areas of the entertainment business, CEO André Druskeit tells Variety. Druskeit reveals a major new acquisition for … Read more…