purchase

Carvana is a combination auto retailer and internet-marketplace company and is likely to benefit from a growing familiarity with buying cars — which are most people’s second-largest purchase, after a home — completely online, he said.

The Institute for Supply Management said Monday that its purchasing managers’ index of manufacturing activity fell to 48.2 in the month, from 48.7 in October.

If your sister purchases the house, she and your brother’s other heirs would also lose their step-up in basis, a tax break that lets people inherit assets without paying hefty capital-gains tax.

Another finding: leaders’ stock purchases reliably indicated positive corporate news within a year, and vice versa.

Microsoft agreed to purchase electricity from the rebooted reactor for the next 20 years.