Charles Adler Tonight – RE/MAX's 2018 Housing Market Report Was Released

Charles Adler Tonight – RE/MAX's 2018 Housing Market Report Was Released

This morning, RE/MAX's 2018 Housing Market Outlook Report was released, summarizing 2017 national prices and sales activity…and offering a look at how much we will be paying to buy homes across the country in 2018. Guest: Elton Ash – Regional Executive Vice President of RE/MAX Western
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Fortune JP Palace

Moovit helps you to find the best routes to Fortune JP Palace using public transit and gives you step by step directions with updated schedule times for Bus, Train in Mysuru.
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Guide Bulletin 2017-28

Guide Bulletin 2017-28 on rep and warranty framework, land trust mortgages, 2018 loan limits.
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Development Real Estate Office looking for Private Assistant

Private Real Estate Company is looking for a highly motivated assistant for a full-time position. Office has a young and cool environment that you would be delighted to work at. This is not like any…
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Mapping the Geography of Online Lending

The online lending workflow presented uses Ordinary Least Squares and Geographically Weighted Regression to map and measure expected relationships. Includes links to associated tutorials.
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Enova International (ENVA) Rating Increased to Buy at Zacks Investment Research

Enova International logo Enova International (NYSE:ENVA) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued on Tuesday. The firm currently has a $17.00 target price on the credit services provider's stock. Zacks Investment Research's price target would
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'Expose vote buyers'

Anyone who has evidence of vote buying in Barbados should speak up so guilty people can be brought to justice. And the newest Archbishop of Port of Spain, Jason Gordon, is prepared to lead by example. “If I ever saw someone paying for a vote, I would be happy to say that I saw it, and I think anyone
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Home Lending Pricing & QRM Manager in Columbus at Huntington

New Career Opportunity! Huntington National Bank has an opening for a Home Lending Pricing & QRM Manager in Columbus, OH.
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Guaranteed Rate founder sells large stake to Boston investment firm

Guaranteed Rate, which founder Victor Ciardelli has grown into one of the nation's largest mortgage lenders, is selling a large stake to outside institutional investors for the first time in its 17-year history. Boston-based private-equity firm Thomas H. Lee Partners is making an investment believed to be
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Behind the 500% increase in small businesses using marketplace lending

The number of small business customers signing onto loans through marketplace lenders has increased more than 500% over the past year, but experts say scrutiny must be put on the alternative finance sector now to ensure smaller operators get the best deal. The Australian Securities and Investments
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Beyoncé Didn't Like This New York Brewery's Tribute Beer

One New York Brewery attempted to pay tribute to Beyoncé with a aptly named brew 'Bïeryoncé,' but was shut down by the music superstar, reports Today. The pilsner was made by Lineup Brewing because its owner, Katarina Martinez is a huge fan of Queen B. The beer was originally launched as a
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Are alleys the new frontier for DC's housing market?

Over the course of generations, they have played host to horse stables, carriage houses, garages, artisans' workshops and slums of such squalor that a 1912 inventory deemed them “evil.” Now, the District's alleys may be the next frontier in the city's red-hot housing market. And across the country, cities
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DDR Corp. (DDR) to Spin Off Portfolio of 50 Assets

RVT will be capitalized with committed mortgage financing of $1.35 billion expected to fund in early 2018. Proceeds are expected to be used to repay debt at DDR, positioning New DDR to achieve the previously stated goal of 6.0x Net Debt/Adjusted EBITDA in 2018. “DDR has made enormous strides
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Is Political Correctness Hurting Innovation? Tech Figure Makes a Controversial Case

Sam Altman, chief executive officer of Y Combinator, speaks to reporters on the first day of the annual Allen & Company Sun Valley Conference, July 11, 2017 in Sun Valley, Idaho. Drew Angerer/Getty Images. By Jeff John Roberts. December 14, 2017. Smart people are leaving the San Francisco Bay
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This is how buyers are tipped to approach the market in 2018

There are five key trends home loan lender ME expects to see in 2018. REPAYMENTS WILL … “With limits on investor and interest-only growth, banks are competing over a smaller piece of the lending pie, and are offering some great deals for owner occupiers,'' Mr Nolan said. He encouraged owners to
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Rich Greenfield Breaks Down Why He's Bearish on Disney Buying Fox

The media giant agreed to pay more than $52 billion for most of 21st Century Fox, adding the company's film and TV studios, international properties and channels such as FX. But BTIG analyst Rich Greenfield says doesn't understand why the company wants to increase its exposure to the “troubled
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Equity Prime Mortgage Opening Loan Assistance Center in Georgia

Equity Prime Mortgage, a residential mortgage lender, is opening a new loan assistance center in Lilburn, Ga. The new facility is designed for borrowers to begin the loan process and receive assistance from mortgage loan professionals, the company says in a release. It is part of Equity Prime
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Oakbrook Investments LLC Sells 8130 Shares of Mondelez International Inc (NASDAQ:MDLZ)

Rockefeller Financial Services Inc. now owns 4,000 shares of the company's stock worth $163,000 after buying an additional 3,000 shares during the period. Fisher Asset Management LLC lifted its stake in shares of Mondelez International by 29.9% during the third quarter. Fisher Asset Management
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What the final GOP tax plan means for the Bay Area

The GOP tax plan may throw some cold water onto the very hot fire that is our local home market. This news organization recently reported on a warning from a prominent group of Realtors that both the Senate and House proposals would slash home prices and values in California and beyond. The cuts
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Overseas Affiliate Not Subject to Title VII Jurisdiction

She claimed that the company's CEO discriminated against and harassed her based on her gender, religion, and national origin. The plaintiff filed suit in the U.S. on the basis that the Dubai company has a U.S. affiliate, and therefore the two companies act as a single entity for Title VII jurisdiction
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FSOC Emphasizes Role of Regulatory Reform in Driving Growth

FSOC Emphasizes Role of Regulatory Reform in Driving Growth

Recalibrating regulations is a key part of financial agencies' role in promoting economic growth, the Financial Stability Oversight Council said today in its annual report. FSOC's statements reflect the American Bankers Association's long-held views that outdated and unnecessary rules are holding back
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Bernie Sanders Tells Trump to Keep His Promise on Nafta

President Donald Trump is finding an unlikely ally in his efforts to overhaul the North American Free Trade Agreement: the political left. Civil-society groups, union leaders and left-wing politicians have opposed almost everything Trump has done. But they're urging him to stand firm in his attempt to
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Disney deal set to value Fox at more than $75 billion -source

Dec 13 (Reuters) – Walt Disney Co's deal to buy film, television and international businesses from Rupert Murdoch's Twenty-First Century Fox Inc will value the latter at over $40 per share, or $75 billion, a person familiar with the matter said. The deal, which is set to be announced on Thursday, will end
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Minnesota Lieutenant Governor Tina Smith to Fill Franken's Senate Seat

St. Paul, Minn. (AP) — Minnesota Gov. Mark Dayton appointed fellow Democrat Lt. Gov. Tina Smith on Wednesday to replace Sen. Al Franken until a special election in November, setting up his long-time and trusted adviser for a potentially bruising 2018 election. Smith was widely seen as Dayton's top
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Yellen Says Bitcoin Is a 'Highly Speculative Asset'

Federal Reserve Chair Janet Yellen called the digital currency bitcoin a “highly speculative asset” that “doesn't constitute legal tender.” Bitcoin, the cryptocurrency, has surged about 17 times in value this year, prompting caution from central bankers around the world. “Bitcoin at this time plays a very
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Housing Market Stabilises in November as the North CONTINUES to outstrip London

Further key indicators from the report include that the number of properties coming to the market for sale last month continued to remain at record lows, a picture that has been the case for nearly two years now and a significant contributing factor in terms of values. The regional differences in house prices
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Fed Raises Rates, Eyes Three 2018 Hikes as Yellen Era Nears End

The yield on 10-year U.S. Treasury notes fell after the Fed announcement, as did the Bloomberg Dollar Spot Index. Trading at record highs recently, stocks jumped after the Fed's announcement before paring gains. Asked during a press conference about rising asset prices, Yellen said the high
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Liberty Tax Sex Scandal Draws Investor Lawsuit Targeting Founder

A pension fund is asking a judge to order Hewitt to relinquish his controlling stake in the national tax-preparation service after an internal review found that while running the company, he had sex in his office and hired relatives of female employees with whom he'd had romantic relationships. Liberty's
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Puerto Rico Grid Repair Won't Meet Governor's Pledge, Corps Says

Puerto Rico Electric Power Authority employees fix power lines in Santurce, San Juan, Puerto Rico, on Oct. 19. Photographer: Xavier Garcia, /Bloomberg. Puerto Rico's electrical grid is unlikely to be fully restored until the end of May, the head of the U.S. Army Corps of Engineers said Wednesday
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GOP Tax Compromise Would Repeal Obamacare's Individual Mandate

Republican lawmakers will overturn a key piece of the Affordable Care Act in their tax overhaul, a victory in a long GOP campaign against the health law. Senate Majority Leader Mitch McConnell said the compromise tax bill from House and Senate negotiators will end the health law's requirement that all
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Explaining the SPD's Novel Pitch to Govern Germany With Merkel

… appear at odds with the SPD proposal. “I don't think that's going to work,” Josef Janning, head of the Berlin office of the European Council on Foreign Relations, told Bloomberg Television. “The Christian Democrats won't do that — they will want a partner that shares responsibility across the spectrum.”
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Tentative Tax Deal Scraps Hit on Tuition for Graduate Students

A provision to treat graduate school tuition waivers as taxable income won't be in the final House-Senate tax package, according to Republican Senator Steve Daines of Montana and one other person briefed on a tentative deal reached Wednesday. The measure, which was included in the House bill
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KBW Has Decided To Downgrade PennyMac Mortgage (NYSE:PMT) Shares

The Queens of the Stone Age frontman looked upset as he offered a video apology to the photographer he hospitalised at his show. Homme … Shares of PennyMac Mortgage Investment Trust (NYSE PMT) traded down $0.09 during mid-day trading on Tuesday, reaching $15.92. Therefore 20% are
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Canadian Real Estate Investment Trust Announces December 2017 Distribution

TORONTO, Dec. 14, 2017 (GLOBE NEWSWIRE) — Canadian Real Estate Investment Trust (TSX:REF.UN) (“CREIT”) today announced its December 2017 monthly distribution in the amount of 15.58 cents per unit (C$1.87 annualized). The December distribution will be payable on January 15, 2018 to
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Bombardier Bills Marquee Jet as US-Made in Boeing Trade Fight

… is not anti-Boeing. It's pro-American.” Boeing, a major campaign donor, has plenty of friends of its own in Congress. It also spent $13 million to lobby in Washington during the first three quarters of 2017, compared with $1.1 million by Bombardier, according to data compiled by Bloomberg Government.
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Feeding frenzy

He said, in his opinion, the impact of international buyers on the local market is slowing, allowing for local buyers, who maybe have a home somewhere else, to take a stab at buying on the Midpeninsula. Four years ago, “some poor local person was priced out … by a mainland Chinese buyer” who often
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Company of Heroes 2 free from Humble Bundle for limited time

Company of Heroes 2 landed in mid-2013, transporting the World War 2 real-time strategy series over to the Eastern Front. And now that the game has been out for a couple years, Humble Bundle is offering the base title for free via the Humble Store. From now until Saturday, Dec. 16, fans can grab
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Teachers Retirement System of The State of Kentucky Purchases 19408 Shares of FNF Group of …

Teachers Retirement System of The State of Kentucky boosted its position in shares of FNF Group of Fidelity National Financial, Inc. (NYSE:FNF) by 37.1% during the third …. The Fidelity National Title Group segment consists of the operations of FNF's title insurance underwriters and related businesses.
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Freddie Mac: Mortgage Rates Flat; Rate Hike 'Already Priced In'

The Fed's rate hike that was announced on Wednesday had no immediate impact on mortgage rates, which were basically flat during the week ended Dec. 14, according to Freddie Mac's Primary Mortgage Market Survey. The average rate for a 30-year fixed-rate mortgage (FRM) was 3.93%, down
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Blackstone Mortgage Trust declares $0.62 per share dividend

NEW YORK , Dec. 14, 2017 /PRNewswire/ — Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today declared a dividend of $0.62 per share of class A common stock with respect to the fourth quarter of 2017. This dividend is payable on January 16, 2018 to stockholders of record as of the close of business
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Banking experience not needed as SocGen plans 2018 Hong Kong tech hiring

Banking experience not needed as SocGen plans 2018 Hong Kong tech hiring

Finance sector experience is now “a nice-to-have, not a perquisite” for working in banking technology, says the man tasked with expanding Societe Generale's tech team in Hong Kong next year. “Banks are competing for the same talent pool and it's become more difficult to find technologists who also
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Then vs. Now: Housing Markets That Remain Below Price Peaks

According to Nationwide's latest Health of Housing Markets Report, homeowners in these metro markets are more likely to be underwater in their mortgages. The report noted the national share of mortgages that have negative equity is near 5 percent, and that number doubles for homeowners who live
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Business News Roundup, Dec. 15

Mortgage buyer Freddie Mac said Thursday that the benchmark 30-year home loan rate was down from 3.94 percent last week and 4.16 percent a year ago. The rate on 15-year, fixed-rate mortgages, popular with those refinancing their homes, was unchanged this week at 3.36 percent. The rate on
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Fox still plans to complete Sky takeover in Britain

The company says in a statement that Disney's purchase “does not alter 21CF's full commitment and obligation to conclude our proposed transaction to acquire … Disney is buying much of Fox for about $52.4 billion in stock, including film and television studios and cable and international TV businesses.
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IBM taps big firms in quantum computing experiment

LONDON • International Business Machines (IBM) has signed up several prominent banks as well as industrial and technology companies to start experimenting with its quantum computers. JPMorgan Chase & Co and Barclays Bank are among 12 organisations IBM selected to get early access to its
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Huntington Bank announces new WV region leader

Chad Prather, currently the bank's head of corporate banking for its West Virginia region, will succeed Andy Paterno as Huntington Bank's West Virginia region president, the bank announced Thursday. The responsibilities of the position include leading the bank's 250 employees in the region, along with
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Canada's Oil Capital Is Making the Leap Toward Renewable Energy

The government of Alberta — home to the world's third-largest oil reserves — on Wednesday auctioned off 595 megawatts of renewable energy capacity to be built in the province. That exceeded the government's target of 400 megawatts. The process marks a major step for Alberta — Canada's largest
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Rubio Might Be the Last Hurdle Left for the GOP Tax Plan

Bloomberg. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
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Trump's Jerusalem Decision Hands Iran a Powerful Tool

The Palestinians' cause has been eclipsed by the broader convulsions in the Middle East. Now, Tehran can use it to increase its influence in the region. By. Donna Abu-Nasr. @DonnaAN1 More stories by Donna Abu-Nasr. December 13, 2017, 9:01 PM PST. A Palestinian protester in Ramallah.
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Banking watchdog acts to open up industry to foreign capital

The China Banking Regulatory Commission said it will continue to facilitate the opening of the domestic banking industry and support foreign capital as it engages in China's financial market more extensively, according to an announcement posted on its official website on Wednesday. As for the further
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Embattled EPA Chemical Safety Nominee Withdraws After Criticism

Michael Dourson, a former chemical industry consultant who was tapped to oversee chemical safety at the Environmental Protection Agency, withdrew his nomination after Republican senators raised concerns about his past work and possible conflicts of interest, according to a Trump administration
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Hotels Add 'Panic Buttons' to Protect Housekeepers From Guests

In internal documents reviewed by Bloomberg News, AHLA wrote that the union-backed “panic button message” was “deemed by many experts and hoteliers to be a solution in search of a problem.” At the time, the trade group also said it planned to combat municipal proposals like Seattle's and those
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Xi to Discuss North Korea and Trade With South Korea's Moon

Chinese President Xi Jinping will meet with South Korean counterpart Moon Jae-in in Beijing later Thursday for talks on North Korea and trade, as tensions between the two major Asian economies begin to thaw after a spat over Seoul's deployment of a U.S. missile shield.
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Outlook for housing market remains subdued: RICS

Budget changes to stamp duty have not yet had any discernible impact on the housing market, according to the latest survey from the Royal Institute of Chartered Surveyors. The UK housing market remained subdued in November, according to the RICS residential market survey, with the main indicators
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Coconut, star of many food trends, bakes up beautifully in pound cake

Now, when many a fruit is packing it in, padding the 401(k), picking out real estate in the Keys, coconut is taking on the 21st-century challenge: retooling, again. Coconut's got new skills: not just meat and milk, but oil, sugar and flour. A cake mixed from coconut components might, the baker reasons,
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'Stranger Things' and 'Glow' Push Netflix to a Bevy of SAG Nominations

Fresh off a strong showing at the Golden Globe announcements earlier this week, Netflix is once again racking up Hollywood award nominations for the streaming giant's growing portfolio of popular movies and television series. On Wednesday, Netflix led the field in total nominations for next year's
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State's New Monthly Pot Sales Numbers Show Interesting Trends

With its earning power under a microscope since the debut of legal sales, pot and the money it brings in continue to make headlines. While anyone interested in learning the state's sales figures could calculate those numbers based on cannabis sales-tax rates and revenue data, the DOR's decision now
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US Bank Raises Prime Lending Rate to 4.50 Percent from 4.25 Percent Effective December 14, 2017

MINNEAPOLIS–(BUSINESS WIRE)–U.S. Bancorp (NYSE:USB) announced it has raised its prime lending rate to 4.50 percent from 4.25 percent, effective tomorrow, December 14, 2017, at all U.S. Bank locations. U.S. Bancorp last announced a change in its prime lending rate on June 14, 2017, when it
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Tax Overhaul Could Be Big Win for US Real Estate Investors

In the weeks since the House of Representatives unveiled its tax plan, on Nov. 2, housing experts have warned of its potential effects on the U.S. housing market. Proposed changes to the treatment of mortgage interest and state and local taxes could reduce incentives for buying a new home. Potential
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Cape May County takes on cyber threats at workshop

Hamilton said his unit is currently investigating an incident where scammers stole about $800,000 from a local title company during a real estate deal. … So, the presenters said, companies and municipalities should do what they can to bolster security and mitigate risks before an attack happens.
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Impac hires loanDepot's former chief administrative officer to lead CashCall Mortgage

Impac hires loanDepot's former chief administrative officer to lead CashCall Mortgage

Impac Mortgage, the parent company of CashCall, announced Thursday that it hired Rian Furey to serve as the company's president of direct lending, which is conducted via CashCall. As president of direct lending, Furey will oversee CashCall's operations. Furey comes in Impac from loanDepot, where
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IBM Taps Samsung, JPMorgan, Daimler in Quantum Computing Push

IBM Q computation center at the Thomas J Watson Research Center in Yorktown Heights, New York. Photographer: Connie Zhou/IBM. International Business Machines Corp. has signed up several prominent banks as well as industrial and technology companies to start experimenting with its quantum
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Tencent Music Drowns Out Spotify and Apple in China

One of China's most-anticipated initial public offerings next year may be music to the ears of Tencent Holdings Ltd. investors because of its potential to drown out any noise Spotify and Apple Music want to make in the biggest market. Tencent Music, a streaming and downloading service, is expected to
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Subsidy-Free Wind Power Possible in $2.7 Billion Dutch Auction

“The only two players out there to win zero-subsidy bids are utilities Orsted and EnBW and they are yet to make a financial decision on the projects,” said Keegan Kruger, wind analyst at Bloomberg New Energy Finance. The research group is projecting that the wind farm will cost $2.7 billion to install.
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2017 Was Bad for Facebook. 2018 Will Be Worse.

Facebook is projected to boost sales by 46 percent and double net income, but make no mistake: It had a terrible year. Despite its financial performance, the social media giant is facing a reckoning in 2018 as regulators close in on several fronts. The main issue cuts to the core of the company itself:
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Washington Is Trying to Regulate Bitcoin. These People Are Trying to Stop It

Bitcoin enthusiasts struck it rich this year as the cryptocurrency surged. Now they're preparing for battle in Washington to protect their industry's ascent. Advocacy groups are gearing up in Washington for a lobbying push in 2018, looking to limit legislation that would subject cryptocurrencies to more
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Police called to bank branches to save customers from online fraudsters

New figures show that £9m of fraud was stopped in the first year of the scheme, which involves bank staff calling in police when they suspect that someone is being duped or pressured into withdrawing large sums. In one case, a Barclays customer who was attempting to withdraw £10,000 to buy a Rolls
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China's ICBC gets Swiss banking licence

ZURICH, Dec 13 (Reuters) – Industrial and Commercial Bank of China (ICBC),, the world's biggest lender, has obtained a Swiss banking licence from watchdog FINMA, the Handelszeitung newspaper reported on Wednesday. A FINMA spokesman confirmed the report. It is the second Chinese bank to
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2018 restaurant trend predictions from 10 fast casual CEOs

2018 restaurant trend predictions from 10 fast casual CEOs … year is to get ahead of the coming trends, which is why FastCasual interviewed about 20 leaders of the industry's most successful brands about their industry predictions. … Significant impact on real estate site selection and size of restaurants.
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Warba Bank launches 'Bank Express' banking system

KUWAIT: Warba Bank launched a new banking system 'Bank Express' yesterday at Sanabel complex in Kuwait City. Based on its five-year strategy to be recognized as a leader in the digital banking industry, the Bank released the “Bank Express” which is an interactive electronic branch to help the
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Columbus Bank and Trust name about to enter the history books

The transition, which began a couple of weeks ago at Synovus Financial Corporation's two Cohutta Banking Company branches in Chattanooga, Tenn., will come to the Columbus market starting Jan. 3, with signs being replaced at the 16 local branches by Jan. 19, along with other smaller changes, said
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Citi picks new heads of financial institutions banking

Citigroup has handed a handful of senior bankers new leadership roles in a regional reshuffle of its European financial institutions group. Manolo Falco, Citi's head of corporate and investment banking for Europe, the Middle East and Africa, and Peter Babej, who runs the financial institutions group
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Regions Bank names John M. Turner Jr. new president

Turner is a senior executive vice president, a member of the bank's executive council and head of Regions' Corporate Banking Group, which serves small businesses as well as middle market and corporate firms and provides capital markets services and real estate banking. He also leads corporate
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Wildfires Threaten SoCal Housing Markets Already Struggling with Unaffordability and Low Inventory

Nationally, home prices rose 7.8 percent in November as inventory declined 12.8 percent.
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Specialty Lending

Our specialty lending professionals offer customized credit solutions for venture capital and private equity firms, nonprofit organizations and professional service firms.
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Govt probes foreign links in crackdown on banking fraud

Govt probes foreign links in crackdown on banking fraud … are investigating how identity thieves collaborated with hackers in Europe and South East Asia to steal millions of rupees from thousands of bank … We are worried that the security has been breached and have advised banks to take counter-
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Battle for banking union hangs over the eurozone

After surging back to economic life this year, the eurozone's grandiose ambitions now include having its own budget and finance minister. But the plans are unlikely to go anywhere unless the bloc's leaders can agree on a more prosaic issue: banking union. The five-year-old project, designed to make
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Commonwealth Bank admits failures in money laundering case

Australia's biggest bank has admitted it was late to disclose more than 53,000 transactions that allegedly breached anti-money laundering laws. In August, the nation's financial intelligence agency launched court action against the Commonwealth Bank over claims it had failed to refer the transactions,
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Australian Central Bank Discusses Digitization of AUD

On December 13, 2017, the governor of the Reserve Bank of Australia, Philip Lowe, delivered a speech entitled “An eAUD?” before the Australian Payment Summit. In his remarks, the governor noted the possibility of a currency based on distributed ledger technology . “Today I want to share with you
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Expeditors International of Washington, Inc. (NASDAQ:EXPD) Shares Bought by TD Asset …

The institutional investor owned 557,625 shares of the transportation company's stock after buying an additional 101,005 shares during the quarter. TD Asset Management Inc. owned about 0.31% of Expeditors International of Washington worth $33,379,000 at the end of the most recent reporting period.
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GTA home prices to stay flat in 2018: forecast

GTA home prices to stay flat in 2018: forecast

The Greater Toronto Area is facing a flat year for home prices on average in 2018, although downtown Toronto and some suburban communities will see higher prices, according to a new forecast. A 2018 housing forecast from Re/Max predicts average national home prices will increase by 2.5 per cent
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Activism, charity sustain Sandy Hook families 5 years later

US 30-year, fixed-rate mortgage rate slips to 3.93 percent. Updated: 4 mins ago. WASHINGTON (AP) — The rate on 30-year fixed-rate U.S. mortgages slipped to 3.93 percent this week. Mortgage buyer Freddie Mac says the bench…
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These companies will take a huge profit hit from lower tax rates

A MarketWatch story from last week reported on the significant profit hit, and potential capital infusion needed, for Fannie Mae FNMA, -0.28% and Freddie Mac FMCC, +0.76% because of their large deferred tax balances. The deferred tax assets, currently worth about $45 billion combined, would be
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Mortgage rates tick down

Rates for home loans were mixed, with the benchmark 30-year fixed-rate product slipping in line with the broader bond market, Freddie Mac said Thursday. The 30-year fixed averaged 3.93% in the December 14 week, down one basis point. The 15-year fixed-rate mortgage averaged 3.36%, unchanged
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Disney buying large part of 21st Century Fox in $52.4 billion deal

NEW YORK — Disney is buying a large part of the Murdoch family's 21st Century Fox for about $52.4 billion in stock, including film and television studios and cable and international TV businesses, as it tries to meet competition from technology companies in the entertainment business. The deal gives
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RICS: Activity remains subdued in Scottish housing market

Sales across the Scottish housing market remain flat in the run up to Christmas, according to the November 2017 RICS UK Residential Market Survey. In November, new buyer enquiries were flat across Scotland. Last month, -4 per cent more respondents saw a fall in new buyer interest with respondents
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First Came Bitcoin. Then Came Bitcoin Lenders

And many weren't ready. Lenders on the fringe of the financial industry are now pitching a solution: loans using a digital hoard as collateral. While banks hang back, startups with names like Salt Lending, Nebeus, CoinLoan and EthLend are diving into the breach. Some lend — or plan to lend — directly,
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How to Evaluate Investment Banking Stocks

Michael Douglass: Let's talk about part two of the banking framework, which is, how expensive is the bank? Of course, the two things you want to look at here are price to tangible book value and price to earnings. Matt Frankel: Right. These are both similar in both respects. Price to tangible book value,
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Lending Tree (TREE) PT Raised to $370 at Oppenheimer

Oppenheimer raised its price target on Lending Tree (NASDAQ: TREE) to $370.00 (from $340.00) while maintaining a Outperform rating following analyst day. Analyst Jed Kelly noted TREE introduced a clear road-map on its plan to scale its multiple revenue channels through: 1) increased mortgage
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US 30-year, fixed-rate mortgage rate slips to 3.93 percent

To calculate average mortgage rates, Freddie Mac surveys lenders across the country between Monday and Wednesday each week. The average doesn't include extra fees, known as points, which most borrowers must pay to get the lowest rates. One point equals 1 percent of the loan amount.
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Trending Higher or Stalling Out? Stock Update on DJ US Real Estate Ishares (IYR)

DJ US Real Estate Ishares (IYR) moved 0.12% in the most recent session, touching a recent bid of 82.15. Current price levels place the shares above the rising trendline. A principle of technical analysis is that once a trend has been formed (two or more peaks/troughs have touched the trendline and
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The housing market stabilises in November

The housing market stabilised in November after months of subdued activity, the RICS UK Residential Market Survey has found. Chartered surveyors were most negative about the state of the market in London, while there was downward pressure on house prices in the South East. However they said
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Co-working, managed office space will be game-changer in commercial real estate in 2018

The commercial real estate industry has been on an accelerating disruption curve with fast paced developments in managed and co-working office space. With 2017 advancing towards its end, commercial real estate experts shared their views on the trends for 2017 and how 2018 will be a game
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India is planning to buy a ghost airport, where locals store rice, for $300 million?

While the urgency, seriousness, and confusion surely apply to most of the airports, the Mattala Rajapaksa International Airport in Mattala, Sri Lanka, is a tad different. The words that best describe the airport probably are “empty, quiet, and laid-back.” Wonder why? Well, the airport that threw its doors
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Disney Is About to Become the 'Walmart of Hollywood'

Merging Disney and Fox would create one less buyer for movie and TV show ideas and almost certainly lead to job cuts. A few weeks after completing its acquisition of DreamWorks last year, Comcast cut about 200 jobs there. Tech companies like Netflix Inc., Apple Inc. and Amazon.com Inc. could fill the
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As Bitcoin Soars, Advocates Seek to Head Off New Restrictions

Bitcoin enthusiasts struck it rich this year as the cryptocurrency surged. Now they're preparing for battle in Washington to protect their industry's ascent. Advocacy groups are gearing up in Washington for a lobbying push in 2018, looking to limit legislation that would subject cryptocurrencies to more
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Debt-Laden HNA Met With Chinese Banks for Financing Talks

Debt-laden Chinese conglomerate HNA Group Co. met with Chinese lenders for talks on financing next year, after borrowing costs surged in recent weeks and prompted some units to scrap bond offerings. Representatives from eight Chinese banks' branches in the southeastern province of Hainan,
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Westpac refunds $11m to mortgage customers

Westpac refunds $11m to mortgage customers. Westpac will compensate customers who held one of 13,000 owner-occupier interest-only variable home loans affected by a processing error. Simone Ziaziaris. Australian Associated PressDecember 14, 20173:23pm. Westpac will pay about $11 million in
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4 Best Techs Stocks to Own in 2018: Fortune

Cisco, which has been making forays into cloud computing and cybersecurity, expects that its revenue will grow this quarter for the first time in two years, according to Fortune. This development could make shares of this networking giant, which has been paying notable dividends, far more attractive.
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Another Wild Year in European Politics Isn't Such Bad News

Investors hoping for a reprieve from European geopolitical volatility in 2018 shouldn't hold their breath. At the same time, a resulting weaker euro and price swings could mean better returns for equities. While Europe isn't due for nearly as many elections as this year — when votes in Germany, the U.K.,
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Robert Half International (NYSE:RHI) Downgraded to “Hold” at ValuEngine

Robert Half International (NYSE:RHI) Downgraded to “Hold” at ValuEngine

Credit Suisse Group boosted their price objective on Robert Half International from $40.00 to $41.00 and gave the stock an “underperform” rating in a report on Wednesday, October 25th. SunTrust Banks cut Robert Half International from a “buy” rating to a “hold” rating and set a $52.00 price objective for
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Disney buys much of Rupert Murdoch's 21st Century Fox in deal that will reshape Hollywood

Walt Disney Co. has finalized a $52.4-billion deal to buy much of Rupert Murdoch's entertainment empire, a blockbuster union that would radically … cable entertainment brands FX and National Geographic, and Fox's portfolio of international operations, including a fast-growing pay-TV service in India.
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Knox Fortune — from behind the scenes in Chicago with Chance the Rapper to making a scene

If you ask Knox Fortune, perhaps the least interesting item on his resume is winning a Grammy Award for his work on Chance the Rapper's “Coloring Book” album in 2016. But his brief brush with one of the music industry's crustiest institutions did produce a couple of funny/embarrassing anecdotes.
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15-year-old in title role of 'Matchgirl' ballet for fourth year

“That's my guesstimation.” For the ballet's debut, Veach cast student dancers around that age, but in the years that followed, adult company dancers sometimes took over the part. In 2014, however, Veach selected another student, Bexley resident Madeline Gosnell, to dance as the character at age 12.
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Iowa City Bank Offers Student Loan Repayment Benefits to Employees

Tuition.io currently works with a number of well-known companies, including Staples, Fidelity, and Freddie Mac. MidWestOne Bank is headquartered in Iowa City, Iowa and has 44 banking offices located throughout Iowa, Wisconsin, Minnesota, Colorado, and Florida. Based in California, Tuition.io offers
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What you need to know about the international housing market

At CENTURY 21 Everest Realty Group, they have agents who are experienced and well trained in the international market. The La Chinita Team recently won a big award and was recently ranked the #2 team in Utah by NAHREP which is the National Association of Hispanic Real Estate Professionals.
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Why Disney Spent $52 Billion to Acquire Most of 21st Century Fox

The Walt Disney Co. announced on Thursday that it would acquire much of, but not all of, 21st Century Fox Corp. in a long-rumored, $52.4 billion, all-stock deal that will shake Hollywood like an earthquake. Disney, of course, is the company best known for Mickey Mouse, Pixar, and Marvel characters.
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Marriott International Inc (MAR) EVP Sells $659372.48 in Stock

Marriott International declared that its board has approved a stock repurchase plan on Thursday, November 9th that allows the company to repurchase 30,000,000 outstanding shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares
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Petrol, Real Estate May Come Under GST Ambit, Says Sushil Modi

Petrol, Real Estate May Come Under GST Ambit, Says Sushil Modi … “Electricity, real estate, stamp duty and petroleum products should become part of GST (Goods and Services Tax). … Modi, who heads the group of state finance ministers, said that GST Network is the backbone of the GST regime.
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Jerome Powell: A Look at the New Nominee for Federal Reserve Chairman

Krahn brought up a second problem the Federal Reserve may have. This has to do with the relative liquidity of Fannie Mae and Freddie Mac bonds. Fannie Mae bonds make up about 60% of the conventional mortgage market and Freddie Mac accounts for the other 40%. However, investors don't tend to
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Falling Prices and New Mortgage Rules Boost Canadian Home Sales

“It remains to be seen whether stronger momentum now will mean weaker activity early next year once new mortgage regulations take effect beginning on New Years day.” The association projects sales will drop 5.3 percent for all of 2018. The November sales gain was driven by a 16 percent increase
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Why Steph Curry, Randi Zuckerberg, and Jessica Seinfeld Invested in This Generic Grocery Store

… author and philanthropist Jessica Seinfeld, Weight Watchers CEO Mindy Grossman, Zuckerberg Media founder Randi Zuckerberg, Color Genomics CMO Katie Jacobs Stanton (and board member of Time Inc., Fortune's parent company), bareMinerals founder Leslie Blodgett, and social psychologist
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Disney buying most of 21st Century Fox in deal worth around $66B; includes Hulu stake

Well done, Disney. You just realised your dream of controlling your own streaming platform – and you did it in the most sensible way possible: by buying one people already subscribe to and not having to start from scratch. Hulu might not have the same international reach as Netflix and Amazon Prime,
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Equity Prime Mortgage to open Loan Assistance Center in Lilburn, Georgia

ATLANTA, GA (December 14, 2017) — Equity Prime Mortgage, a leading residential mortgage lender, announces it will be opening a Loan Assistance Center in Lilburn, Georgia on Friday, December 15, 2017. The new space is designed for borrowers to begin the loan process and to receive assistance
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Banking on a better bus service

Out of action: Putrajaya residents are worried the Nadi Putra bus depot in Jalan P9 in Precinct 9 may end up as a bus graveyard if action is not taken soon to make the abandoned buses roadworthy again. COMMUTERS are looking forward to better service once the takeover of the main transport
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Austin Bank honors Troup, Whitehouse employees

Austin Bank recently honored employees for their outstanding work and years of service with the company. They were recognized at the bank's 2017 Service Award Luncheon held Dec. 5 at Willow Brook Country Club in Tyler. “We are proud of all these employees because they work as a team serving
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What's Happening With These Banking Stocks? — Home Bancshares, Bank of America, ICICI Bank …

Moreover, shares of Home Bancshares, which operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities, have a Relative Strength Index (RSI)
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Mortgage Rates, Net Operating Income Drive AIMI's Third Quarter Increases

MCLEAN, VA–(Marketwired – Dec 14, 2017) – According to the Freddie Mac ( OTCQB : FMCC) Multifamily Apartment Investment Market Index (AIMI®), in the third quarter multifamily investing conditions grew modestly stronger across many of the metropolitan markets it tracks. Created by Freddie Mac,
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Turkish banking regulator takes action against illegal betting

Turkey's banking regulator, the BDDK, has taken new measures for cash transactions to prevent illegal betting. As part of the plan, the regulator limits maximum daily financial transfer orders to cell phone numbers – a practice often preferred over transfers to bank accounts – to 500 Turkish Liras (roughly
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A Real Estate Licensing Institute Success Story: Kelley Wotherspoon

For Kelley Wotherspoon, a graduate of the Real Estate Licensing Institute's Winfield courses, the school diminished all those fears and was ultimately a wonderful place to pursue her education. Aside from being an encouraging and well taught course, she would recommend the school due to its pace
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Qualcomm to Face EU Antitrust Rebuke for Apple Payments

Qualcomm to Face EU Antitrust Rebuke for Apple Payments

Qualcomm Inc. is likely to be penalized in the coming weeks by the European Union for paying Apple Inc. to shun rival chip companies, according to a person familiar with the case. Regulators are set to find the company violated antitrust law by using incentive payments to ensure exclusivity, the person
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Colombia's cenbank holds key lending rate at 4.75 pct, as expected

BOGOTA, Dec 14 (Reuters) – Colombia's central bank held its benchmark interest rate steady on Thursday, in keeping with what was anticipated by the majority of analysts in a Reuters survey. The board voted to keep the lending rate at 4.75 percent. (Reporting by Helen Murphy). Disclaimer: The views
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Russia's Putin: banking sector clean-up by c.bank in line with law

MOSCOW, Dec 14 (Reuters) – The Russian central bank is working in line with the law when it revokes licences of banks as part of its banking sector supervision role, President Vladimir Putin said on Thursday. (Reporting by Jack Stubbs, Vladimir Soldatkin and Denis Pinchuk; Writing by Andrey
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What Brexodus? Banks are set to shift less than 4600 jobs out of London ahead of Brexit despite …

Banking giants are set to move fewer than 4,600 staff out of London as they prepare for Brexit as the climbdown over City jobs continued today. Some lobbyists claimed that as many as 75,000 staff could be relocated or sacked when Britain leaves the EU in 2019 and a recent study said 10,500 roles
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You CAN share your online banking passwords with budgeting apps, says watchdog – despite …

Savers who want to use apps that help them manage all their bank accounts in one place have been told they can share log in details with them, despite warnings from banks that they shouldn't. These apps typically link to your bank account and analyse spending habits to see how much you can save
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China: Stability continues, with few surprises in November – NAB

The decline in producer prices during the month was enough to push real investment back into positive territory – with growth at 0.7% yoy (compared with -0.9% last month). Despite this improvement, real investment remains well below pre-2017 trends. Investment in real estate has held up, albeit growth
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State of US rental market: Rich get more options, poor suffer affordability crisis

According to the newly released America's Rental Housing 2017, a deep dive into the country's housing market, the growing number of apartment dwellers are find a much more unequal market at play. The rich are getting more options, while affordability rises and the stock of affordable homes (and
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Mortgage rates today, December 14, plus lock recommendations

Mortgage rates today are not feeling the effects of a Fed rate increase, because there wasn't one. That was unexpected. Instead Fed Chair Janet Yellen spent more time addressing the potential problems if Bitcoin becomes a larger part of the money supply. That's because the Fed adjusts the money
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Santander adopts The B2 Group's Multi-Bank Integrator automated banking platform for Supply …

London & Luxembourg, 14th December 2017. The B2 Group, the provider of cloud-based payments software and consultancy solutions, announced today that Santander UK have chosen its Multi-Bank Integrator platform to further enhance their supply chain finance solution for major corporate clients.
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Rolling Meadows apartments sell for $72 million

… in northwest suburban Rolling Meadows. FPA Multifamily bought the Apartments at Woodfield Crossing, a 662-unit property just across the highway from the Schaumburg Ikea store, from Canyon Partners Real Estate, a Los Angeles-based investment firm, according to Cook County property records.
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Tax Overhaul: What Small Businesses Need To Know

Depreciation rules that govern larger equipment and property purchases would also change. Currently, many investments in equipment or real estate must be depreciated over a period ranging from 2.5 years to decades, depending on what kind of property it is. Both bills allow for full up-front deductions
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Median down payment hits new high in third quarter

The median down payment for single-family homes purchased with financing has reached a new high in the third quarter, according to Attom Data Solutions. The median down payment reached $20,000 for homes purchased in the third quarter, up from $14,400 during the same period last year and from
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ECB hikes growth forecasts; Bank of England leaves rates on hold – business live

ECB hikes growth forecasts; Bank of England leaves rates on hold – business live. All the day's economic and … A statue is silhouetted against the Bank of England in the City of London on Tuesday. Photograph: Clodagh …. Will this impact the push for banking union? Draghi replies that the ECB is
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7 Items In The GOP's Combined Tax Bill That Could Affect Real Estate

Republican leaders in both the House and Senate reached a tentative agreement Wednesday, merging their proposed tax reform bills. It was a major milestone in President Donald Trump's push to overhaul the U.S. tax system. GOP lawmakers are set to vote on the combined bill as early as next week,
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Jim Portner Joins Digital Mortgage Automation Trailblazer Cloudvirga as Chief Product Officer

IRVINE, Calif., Dec. 14, 2017 /PRNewswire/ — Cloudvirga™, developer of intelligent mortgage point-of-sale (POS) platforms, has hired Jim Portner as chief product officer. Portner will report to Cloudvirga CEO Michael Schreck and will oversee product strategy, development and marketing for the
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Prices forecast to rise in slowing housing market

TORONTO — Stricter mortgage rules are expected to slow the housing market next year, but prices are still expected to rise about five per cent, according to a report by Royal LePage. In its market survey forecast, the real estate firm says its…
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Celtic tell fans to stop lending out their season tickets

Celtic tell fans to stop lending out their season tickets … Celtic fans have been told not to lend their season tickets to other supporters. Picture: SNS. The club have asked supporters to refrain from lending or selling their season ticket to another fan, even if its a friend or family member, as they wish to stay
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Guess What? Vladimir Putin Is a Pro-Choice Champion

Maybe it's the old Communist in him, maybe he's always been a closet feminist, or maybe it's because he just doesn't want to annoy half of the country's voters four months before he runs for re-election. Whatever the reason, Russian President Vladimir Putin finally came out as pro-choice on Thursday.
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Wildfires add to Southern California housing woes

“The good news is markets have been quick to recover from severe weather events, even as challenges remain.” She pointed to Houston, where home sales were up 4.3% in November from a year ago, three months after Hurricane Harvey devastated the area. Home sales in Tampa were up 6.1%,
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Defence Minister Nirmala Sitharaman thanks Shah Rukh Khan for lending support to Indian soldiers

Bollywood star Shah Rukh Khan received a token of appreciation from the Defence Ministry of India for lending support to Indian soldiers. The ministry is celebrating Armed Forces Week to pay tribute to the border front heroes. The actor on Thursday shared a picture of thank you note received from
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FCC Votes to End Net Neutrality Rules

FCC Votes to End Net Neutrality Rules

Web companies such as Alphabet Inc.'s Google, Facebook Inc. and Amazon.com Inc. wanted to keep the previous regulations. “Having clear, legally sustainable rules in place finally established rules of the road and provided legal certainty,” the Internet Association, a trade group for web companies,
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Scotland Plans to Raise Income Tax, Further Diverging From UK

While U.S. President Donald Trump is in a race to cut taxes, one country on the other side of the Atlantic is planning to raise them. Scotland's semi-autonomous government in Edinburgh is seeking to increase some income tax rates by a percentage point to fund public services and tackle inequality,
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Glenmede Trust Company Na Has Lifted Waters (WAT) Holding; Fidelity National Financial (FNF …

Fidelity National Financial, Inc., together with its subsidiaries, provides title insurance, and technology and transaction services to the real estate and mortgage industries in the United States. The company has market cap of $10.77 billion. The Company's Title segment offers title insurance, escrow, and
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Goldman Wants a 100% Margin on Some Bitcoin Futures Trades

Goldman Sachs Group Inc. demanded some clients set aside funds equal to the full value of their bitcoin futures trade as a condition for clearing the transaction, according to people familiar with the investments. The demands deterred some clients from seeking to clear trades through the bank and led
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A Breakthrough Cancer Drug Is Reaching Only a Handful of Patients

Five people have received the treatment, called Yescarta, at the 15 cancer hospitals authorized to administer it in the U.S., the hospitals told Bloomberg. Waiting lists for the $373,000 treatment have grown to at least 200 people, shrinking only as some very sick patients have died. Doctors at the cancer
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This Fund Manager Doesn't Believe in Buffett and Is Buying Everything Crypto

Mark Schmehl flouts Warren Buffett, thinks valuation is overrated and says most other rules of investing are “total baloney.” The portfolio manager, who just completed Fidelity Investments' most successful Canadian fund launch ever, eschews investing obsessions such as earnings, cash flow and
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Omarosa Says She Was 'Uncomfortable' With Trump's Handling of Race Issues

President Donald Trump's most prominent African-American aide, Omarosa Manigault Newman, said in a television interview that she had grown uncomfortable with his handling of racial issues prior to her resignation on Tuesday. “As the only African American woman in this White House, as a senior
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How to Rebuild Puerto Rico

Three months after Hurricane Maria, the island is still in crisis. Its people know their future depends on more than mending what Maria destroyed. Play Video. Play. Mute. Current Time 0:00. /. Duration Time 0:00. Loaded: 0%. Progress: 0%. Stream TypeLIVE. Remaining Time -0:00. Playback Rate. 1.
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Apple Shoppers Prefer Cheaper Models Over IPhone X, Analyst Says

Apple Inc. customers seem to be opting for cheaper models of the iPhone, according to Cowen and Co. analysis, suggesting that the company failed to cram enough new technologies into the iPhone X to justify the $999 price tag. Waiting times to order the flagship smartphone have shortened to a few
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Disney to buy Fox film, TV businesses for $US52.4 billion in stock

Disney is buying a large part of the Murdoch family's 21st Century Fox in a $US52.4 billion deal, including film and television studios, cable and international TV businesses as it tries to meet competition from technology companies in the entertainment business. Before the buyout, 21st Century Fox will
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Farenthold to Retire From House After Harassment Accusations

Washington (AP) — Two Republicans say Texas GOP Rep. Blake Farenthold won't seek re-election next year. The lawmaker is under pressure from sexual misconduct allegations that surfaced three years ago but have come under renewed focus. Mike Bergsma is Republican county chairman in
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Roy Moore Won't Concede the Alabama Senate Race. But He Might Not Be Able to Afford a Recount

But Alabama Secretary of State John Merrill told Fortune it was highly unlikely that counting these ballots would result in a change. “There are a lot of votes that would need to be thrown out for that to occur,” Merrrill said. In the small chance it does happen, Moore would then have to deal with the issue of
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US Fed buys $4.4 billion of mortgage bonds, sells none

NEW YORK (Reuters) – The Federal Reserve bought $4.38 billion of agency mortgage-backed securities in the week from Dec. 7 to Dec. 13, compared with $7.83 billion purchased the previous week, the New York Federal Reserve Bank said on Thursday. In a move to help the housing market begun in
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Democrats Seek Subpoenas on Trump Campaign's Data Consultants

House Democrats urged that congressional subpoenas be issued to two data and analysis companies that worked as consultants to President Donald Trump's 2016 campaign because they haven't turned over documents about Russian contacts or WikiLeaks. Cambridge Analytica and Giles-Parscale
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Microsoft Intern's Rape Claim Highlights Struggle to Combat Sex Discrimination

The woman was an intern when her Microsoft colleagues took her out for drinks in Seattle's Capitol Hill neighborhood. She lived miles away in Redmond, the home to Microsoft's suburban campus, so after a night of drinking, she crashed with a male intern and his friend who lived in a group house
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Disney Buys Fox Assets in $52 Billion Split of Murdoch Realm

Walt Disney Co. agreed to a $52.4 billion deal to acquire much of the global empire that media baron Rupert Murdoch assembled over three decades, from a fabled Hollywood studio to Europe's largest satellite-TV provider to one of India's most-watched channels. Holders of Murdoch's 21st Century Fox
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The Republicans' Problem Is Bigger Than Alabama

A string of defeats points to weaknesses beyond one tainted candidate and to trouble in 2018 and beyond. By. Joshua Green. @JoshuaGreen More stories by Joshua Green. December 14, 2017, 2:00 AM PST. Roy Moore. Photographer: Brynn Anderson/AP Photo. America's sudden reckoning with
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Disney buying large part of 21st Century Fox in $52.4B deal that will shake up entertainment industry

BURBANK, Calif. (AP) — Disney is buying a large part of the Murdoch family's 21st Century Fox in a $52.4 billion deal, including film and television studios, cable and international TV businesses as it tries to meet competition from technology companies in the entertainment business. Before the buyout
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Next Year Could Be the Last Time Stock Pickers Rule Investing

This story is part of a series on the future of investing. Photographer: Michael Nagle/Bloomberg. It will mark a turning point forever etched in the minds of U.S. money managers: the year passive overtakes active investments. That moment is coming, according to calculations by Bloomberg News. In 2019.
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US Retail Sales Jump More Than Forecast in Broad Advance

U.S. retail sales rose more than forecast in November and the previous month was revised higher, indicating a broad strengthening of consumer demand as the holiday shopping season got under way, according to Commerce Department figures released Thursday.
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$128 For Hawaii's Most Expensive Real Estate

$128 For Hawaii's Most Expensive Real Estate

Again, this is an incredibly valuable piece of real estate with Phase 1 of the project having just gone live in Q4. To date, both of these assets have basically been dormant on Howard Hughes balance sheet. They've been in the development stage not contributing much to the company's income statement.
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IBM & Walmart Launching Blockchain Food Safety Alliance In China With Fortune 500's JD.com

By collaborating with one of China's largest retailers, JD.com, a member of the NASDAQ-100 and a Fortune Global 500 company, and their suppliers, the latest effort is touted as helping to bring a safer food supply to China, and an extension of the work initiated by Walmart and IBM earlier this year in
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Mortgage Rates Remain Flat

The 30-year fixed-rate mortgage (FRM) averaged 3.93 percent for the week ending Dec. 14, 2017, down very slightly from last week when it averaged 3.94 percent. The 15-year FRM this week averaged 3.36 percent, the same as last week. And the five-year Treasury-indexed hybrid adjustable-rate
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Open Banking. Some regions have one thing right but banks in general still have one thing very …

Last month I spoke at the Nordics NextGen conference in Stockholm. The topic was open banking and PSD2 with a truly great panel, moderator and a full house of intertactive 400+ attendees and my first Nordics visit with open banking experience under my belt. There were two key learnings that I took
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Federal tax overhaul could rattle Boston, Cambridge housing markets in particular

Congressional Republicans' plans to cap the federal deduction for property taxes at $10,000 could wallop the Boston and Cambridge housing markets in particular, according to a new analysis from Business Insider. Currently, taxpayers can deduct all property taxes on their federal returns.
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Botswana: US$25 Million Funding for Botswana Financial Inclusion

BBS is a leading domestically-owned financial institution and the largest residential mortgage lender in Botswana, where only two percent of the population has used housing finance, as most households still use non-mortgage credit. The transformation of BBS will ensure the envisaged commercial
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Top Retail Takeaways From The 2017 Fortune Global Forum: Shopping As A Fun Sport

GUANGZHOU, CHINA – DECEMBER 06: A banquet is held at Sun Yat-sen Memorial Hall on day one of the 2017 Fortune Global Forum on December 6, 2017 in Guangzhou, Guangdong Province of China. The 2017 Fortune Global Forum is held on Dec 6-8 in Guangzhou. (Photo by Xiao
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Putin Suggests FBI Drugged Russian Olympic-Doping Whistle-Blower

Russian President Vladimir Putin suggested the FBI has been drugging a whistle-blower it's protecting after he disclosed a massive state-run doping program that led to Russia being barred from the 2018 Winter Olympics. “He's working under the control of the American special services, what kind of
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Growth Seen Ending in Rental Housing Market

Harvard Joint Center: “We're finally seeing the record growth in renters slow down, but while the market has responded to rental housing needs for higher-income households, there are alarming trends that suggest a growing inability to supply housing that is affordable for middle- and working-class
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At Paramount Financial, buying a bank is just a start

Superior doesn't have a mortgage operation, giving Paramount a clean slate. The bank's seven employees will remain, and Paramount plans to double its lending in two years. Paramount ranked as the 18th largest mortgage lender in St. Louis in 2016, with $179 million in loan volume, according to
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RE/MAX 2018 Housing Market Outlook

The new OSFI mortgage qualification rules that come into effect on January 1, 2018 also impacted housing market activity toward the end of this year and are expected to slow activity in real estate markets across Canada in the first part of 2018. This fall, a number of regions including Fraser Valley,
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Northeast Ohio banks raise prime lending rates following interest rate hike

In step with the U.S. Federal Reserve's widely expected decision on Wednesday, Dec. 14, to raise its benchmark interest rate another 25 basis points to a range of 1.25% to 1.5%, large banks followed by raising their own prime lending rates, which are closely tied to the metric. All the top regional banks
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TRANSACTIONS: Roundup of the week in middle market loans

A new mortgage in the amount of $6,000,000 on a 16-unit multifamily property located on West Fourth Street in New York, NY. The loan features an initial rate of 3.50% and a five-year term. Chaim Tessler negotiated this transaction. A new mortgage of $5,200,000 was placed on a 68-unit multifamily
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China's Tencent Music Expects a $1B IPO Next Year–It Already Has Double the Paying Users of …

China's Tencent Music, a streaming and downloading service that has twice as many paying customers as Spotify, is expected to raise at least $1 billion during its IPO next year. The IPO of Tencent Holdings Ltd.'s @tencent(tctzf, +1.70%) music arm, which is currently valued at $10 billion, is one of the
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Stock Down -1.58% Over the Last Month: Real Estate Credit Investments Pcc Limit (RECI.L)

At the time of writing, the 14-day ADX for Real Estate Credit Investments Pcc Limit (RECI.L) is 22.07. Many technical chart analysts believe that an ADX value over 25 would suggest a strong trend. A reading under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear
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Housing Prices in Barrie Expected to Grow Double The National Average

Barrie's housing prices are predicted to grow even further. ReMax has taken a look at recent trends and say the price of residential units in Barrie is expected to increase by five per cent next year, compared to a national average of just 2.5 per cent. The Real Estate company says Barrie's proximity to
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WINTON GROUP Ltd Has $67.75 Million Position in Philip Morris International Inc. (PM)

WINTON GROUP Ltd increased its holdings in Philip Morris International Inc. (NYSE:PM) by 31.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 576,867 shares of the company's stock after buying an
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Why Netflix Has Been Less Outspoken on Net Neutrality This Time

… the net-neutrality regulations were implemented, according to figures compiled by Bloomberg. The Internet Association lists members including Netflix, Alphabet Inc.'s Google, Facebook Inc. and Amazon.com Inc. The trade group “has been incredibly active on behalf of our members,” said Scott Haber,
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The Huge Price Gap Between Bitcoin Futures and Bitcoin Is Shrinking

… in a sign that the bitcoin futures market may be getting more efficient less than a week after the futures' debut on Cboe Global Markets Inc. It cost about $414 more to buy the contract than to buy bitcoin on the spot market, a premium of 2.5 percent as of 11:54 a.m., according to Bloomberg data.
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Delta Chooses Airbus Over Boeing in $12.7 Billion Jet Deal

Delta Air Lines Inc. ordered 100 of Airbus SE's A321neo jetliners, a deal with a list value of $12.7 billion, in a major victory for the European planemaker over Boeing Co. Deliveries of the single-aisle planes will begin in early 2020 and the transaction includes options for an additional 100 aircraft, Delta
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ANAROCK's Launches Report on Affordable Housing in NCR

ANAROCK's Launches Report on Affordable Housing in NCR

Anuj Puri, Chairman – ANAROCK Property Consultants says, “Affordable housing has once again taken centre-stage in all real estate forum discussion, and deservedly has the … Residential real estate: unit launches, under-construction units, supply budget segmentation, supply-absorption trends.
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Million dollar home sales are soaring in Texas and D-FW

“Despite slowing growth trends across the Texas housing market, job market and economy in 2017, Texas luxury home sales volume has continued to grow at a booming pace,” Texas Realtors' association chairman Vicki Fullerton said in a statement. “Rising home prices, high-end remodeling activity in
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Unusual Activity Spotted in Freddie Mac Var Pr B (FMCCI)

Shares of Freddie Mac Var Pr B (FMCCI) are moving on volatility today 1.21% or 0.12 from the open. The OTC listed company saw a recent bid of 10.0200 and 23622 shares have traded hands in the session. Investors may be trying to figure out how long the stock market bull run will continue. There are
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New moves to strengthen the euro zone

Three things saved the euro zone from destruction in 2011-12: a €500bn ($588bn) bail-out fund, the rudiments of a banking union, and Mario Draghi's “whatever it takes” promise—never tested—that the European Central Bank (ECB) would, if needed, unleash a massive programme of bond-buying to
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Housing market "showing signs of strain" warns Nationwide

… affordability,” said David Berson, Nationwide senior vice president and chief economist. “The housing market is still moving forward thanks to solid job gains, but it's showing signs of strain. We're watching to see if household formations, income, job, and mortgage trends can sustain the market's health.
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Commercial & Industrial Lending

Eastern Bank is proud to deliver a wide range of commercial lending solutions to help companies – across all industries – improve cash flow, increase efficiencies, and build for the future. Our experienced commercial lenders will take the time to understand your cash flow and growth challenges, and will
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Deals of the day-Mergers and acquisitions

Walt Disney Co's proposed deal to buy film, television and international businesses from Rupert Murdoch's Twenty-First Century Fox Inc will value the latter … Australia's antitrust regulator blocked BP Plc's A$1.8 billion ($1.4 billion) purchase of Woolworths Ltd's petrol stations, even after the oil company
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The broker confidence crisis

Steve Shull, a retired NFL linebacker, has been coaching real estate agents since 1993. He knows from experience that the brokerage business is cyclical: When the market is hot, paychecks are fat. But over the past few years that simple rule no longer seems to hold true. “This should be high time for
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Home sales, prices climb as Central Texas market stays on record pace

“Homes sales are the strongest where price points are the lowest and where development options are available, such as parts of Williamson and Hays counties. We are seeing some slowing home price appreciation and housing inventory gains, which is normalizing us to a more stable market and
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Institutional Investors in Asia Develop a Taste for Vietnamese – and Stability

The findings come from the 2018 Asia Pacific edition of the Emerging Trends in Real Estate report. The study, compiled by the Urban Land Institute and PwC, synthesize the opinions of 710 real-estate developers, institutional owners, fund managers, bank lenders, advisory firms and institutional-equity
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Disney to buy part of 21st Century Fox for $52 billion

Disney announced today that it will acquire a huge portion of 21st Century Fox in an all-stock deal valued at $52.4 billion. As part of the deal, Disney will own 21st Century Fox's film and television studios, some of its cable networks, and international TV businesses, as well as popular titles including The
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Real Estate Software Market Sales, Price, Revenue, Gross Margin and Market Share 2017-2022

What are the key factors driving the United States Real Estate Software Market? Who are the key market players and what are their strategies in the United States Real Estate Software Market? What are the key market trends impacting the growth of the United States Real Estate Software Market?
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Disney Buying Fox Assets for $52.4 Billion

It's official. Disney and 21st Century Fox announced their deal, with Disney to pay $52.4bln in stock to acquire assets that include the Twentieth Century Fox Film and Television studios, along with cable and international TV businesses. Immediately prior to the acquisition, 21st Century Fox will separate
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Turned Dollar Tree chain into a Fortune 500 firm

Macon F. Brock Jr., a retailer who co-founded the Dollar Tree chain of discount stores that grew into a Fortune 500 company, died Dec. 9 at his home in Virginia Beach. He was 75. His wife, Joan Brock, said the cause was complications from idiopathic…
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NatWest bank spat prompts web security changes

NatWest bank says it will enhance the security of its website, following a spat with security experts who spotted a vulnerability. Several researchers had asked why some banks used encrypted HTTPS connections for online banking, but not on their main customer-facing websites. When security expert
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Oluwadamilola calls for cleansing of education sector as was done in banking sector

Amidst calls to declare a state of emergency in the Education sector, the Principal, Corona Secondary School (CSS), Agbara, Mrs. Chinedum Oluwadamilola has called for cleansing of the sector as was done in the banking sector. She regretted that education inspectors are almost always behind the
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Birnbach Communications Issues 16th Annual Media, Marketing & Tech Trends

But traditional retailers (including Wal-Mart, which recently dropped “Stores” from its name to boost its e-commerce cred) have to find new ways to compete. A retailpocalypse could cause far-reaching ripples into: real estate (there are more than 1,000 malls); advertising (a downturn in retailers' ad buying
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Sears Strikes Second Deal With Amazon as Core Business Continues to Collapse

Sears Holdings (shld, -0.50%) said on Thursday it has begun selling jump starters, battery chargers, and maintainers under its DieHard brand on Amazon.com (amzn, +1.05%), its latest move to squeeze out whatever value it can from its once dominant brands while its retail business continues to free fall
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How George Clooney Made 14 of His Closest Friends Instant Millionaires

It's one thing to buy a buddy a beer or a dinner, but handing them a million bucks? That's something straight out of the movies. If so, it's only fitting that George Clooney plays the lead role. Rande Gerber, who cofounded the Casamigos tequila company with Clooney, says the actor made 14 of his close
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Wildfires Threaten SoCal Housing Markets Already Struggling with Unaffordability and Low …

SEATTLE–(BUSINESS WIRE)–(NASDAQ: RDFN) — Home price growth was strong in November, up 7.8 percent from last year, according to Redfin (www.redfin.com), the next-generation real estate brokerage. The median sale price was $292,000 across the markets Redfin serves. Sales were down 1.3
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