Driven by pent up buyer demand and low interest rates, home sales in the U.S. will rebound in late summer and early fall as fears of the coronavirus begin to wane before experiencing a downturn again later in the year, according to a revised 2020 housing forecast released today by realtor.com®. The updated forecast finds that despite an uptick in transactions during the third quarter largely driven by millennials, home sales will be down 15 percent year-over-year.

Thank you very much, Hello, everyone, and welcome to News Corp's fiscal third-quarter 2020 earnings call. On the call today are Robert Thomson, chief executive; and Susan Panuccio, chief financial officer.

Faced with the prospect of lost income due to COVID-19 travel restrictions, many daily rental owners could be transitioning properties from Airbnb and Vrbo rentals to seasonal rentals, according to new research published by realtor.com®. Today's report finds that tourist destinations are seeing a significant increase in furnished seasonal rentals, as hosts look to lock tenants into one- or three-month leases.

Director of Fiscal Policy at the American Action Forum Gordon Gray joins Yahoo Finance’s Seana Smith to break down the April jobs report and how some workers are making more on unemployment compared to their wages before the coronavirus pandemic.

The company's chief executive officer, Robert Thomson, who is giving up three-quarters of his annual cash bonus, said on Thursday News Corp would cut costs in all its units as it tries to limit the hit of the pandemic on its business. "The collective cuts in bonuses and other cost initiatives will have a positive impact on profitability and our cash position," Thomson said in a statement.

News Corp, the Rupert Murdoch controlled publishing group, will make sweeping changes to its Australian arm that will include closing more than 100 print newspapers. The decision, announced on Thursday, followed a review of its Australian business that has been hit by a collapse in advertising owing to coronavirus. “Covid-19 has impacted the sustainability of community and regional publishing,” said Michael Miller, executive chairman of News Corp Australasia.

Increased activity on realtor.com® suggests that home shoppers are gearing up for a later than usual homebuying season. Realtor.com® listing visits, saves and shares are all up significantly since the first wave of shelter-in-place orders took effect on March 16; especially for those listings with virtual tours. Consumer survey data shows virtual tours have become an essential part of the home search process and will likely remain so even after in-person open houses resume across the country.

Q3 2020 News Corp Earnings Call

What happened Shares of media giant News Corp. (NASDAQ: NWS) (NASDAQ: NWSA) jumped sharply on Friday. Both tickers were up about 13% as of 1:05 p.m. EDT. The stock's gain follows the company's better-than-expected fiscal third-quarter bottom line.

It's no surprise that people will go to extremes to make their pets comfortable, and buying a home -- often the largest financial decision most people ever make -- is no exception. A recent survey by realtor.com® found that more than two-thirds of pet-owning home buyers would forgo their perfect home if it wasn't right for their furry friend.

More than 100 print papers to close as News Corp shifts to digital after the virus pandemic hit revenues.

Realtor.com® today released its weekly housing trends report for the week ending May 9, which shows sellers are beginning to return to the market . After several weeks of near 40 percent declines year-over-year, new listings made a big jump towards positive territory last week with a -29 percent decline year-over-year.

Australia's Telstra Corporation said on Friday it expects to recognise an impairment charge of about A$300 million ($195.12 million) against its investment in a 35% stake in the Foxtel joint venture with Rupert Murdoch's News Corp. Telstra's decision follows the write down in value of Foxtel by News Corp a few hours earlier.

Australia’s largest newspaper publisher, News Corp., announced on Thursday that most of its suburban and regional mastheads across the country will become digital-only next month due to the pandemic and digital platforms sharing their content.

News Corporation's (NWSA) third-quarter revenues decline on account of fall in subscription revenues at Foxtel and lower print-related advertising revenues at the News and Information Services segment.

Robert Thomson became the CEO of News Corporation (NASDAQ:NWSA) in 2013. This report will, first, examine the CEO...

Managing Director & Chief U.S. Economist at NatWest Markets Michelle Girard joins Yahoo Finance’s Seana Smith to break down the April jobs report.

Scores of regional and community titles will be published only digitally from June 29 under the reorganisation, the Australian arm of the mass media and publishing firm News Corp said in a statement on Wednesday. It said its print publications had become unsustainable amid the coronavirus pandemic and the loss of revenue to digital platforms that use its content without payment. "To meet these changing trends, we are reshaping News Corp Australia to focus on where consumers and businesses are moving and to strengthen our position as Australia’s leading digital news media company," News Corp Australasia Executive Chairman Michael Miller said.

Realtor.com® today announced the findings of its Weekly Housing Trends Report for the week ending May 16. According to national data, homes sat on the market 15 days longer than last year, new listing declines showed slight improvement, total listings continued their downward trend, and median listing prices showed minimal growth.

Record low interest rates have made buying a home more affordable this year, but only two of the top 100 metros -- Des Moines and Baton Rouge, La., -- offer both affordability and an adequate supply of for-sale listings, according to a new analysis released today by realtor.com®.