Brookfield Properties Abandons Revel Casino Deal

The video covers various economic and business updates. Existing home sales have reached a one-year high, while jobless claims remain low. Best Buy's profits have exceeded expectations due to increased demand for electronics. In Atlantic City, a deal to purchase the Revel Casino has collapsed. Jack Ma warns Alibaba investors about high expectations post-IPO. Severe weather in New York is causing significant snowfall and potential flooding.

What was the annual sales pace for existing home sales last month?

What factors contributed to the rise in shares of Best Buy?

What warning did Jack Ma give to Alibaba investors?

What significant weather event is occurring in Western New York state?

What impact did the weather have on the New York State Thruway?