Facebook's Sheryl Sandberg Says Data-Sharing Tool Complied With FTC

Facebook's Sheryl Sandberg Says Data-Sharing Tool Complied With FTC

Facebook Inc. said a tool that let people share their friends' data with developers was in compliance with a 2011 privacy agreement with the Federal Trade Commission. That's the feature that allowed a researcher to get information on as many as 87 million people from 270,000 users who downloaded
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World War Still Haunts Putin as Population Decline Taxes Economy

Not far from Vladimir Putin's boyhood home, one of the world's largest mass graves holds the remains of a half-million victims of the Nazi siege of Leningrad during World War II, including an elder brother Russia's president never got the chance to know. As the country's longest-serving leader since Josef
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Long-Term US Mortgage Rates Fall; 30-Year at 4.40 Percent

On Thursday, April 5, Freddie Mac reports on this week's average U.S. mortgage rates. (AP Photo/David Zalubowski) The … Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages dipped to 4.40 percent from 4.44 percent last week. The benchmark stood at an average 4.10
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Mortgage Rates Down Again

MCLEAN, Va., April 05, 2018 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB:FMCC) today released the results of its Primary Mortgage Market Survey (PMMS®), showing average mortgage rates dropping for the second consecutive week. News Facts. 30-year fixed-rate mortgage (FRM) averaged 4.40
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Marijuana Millionaires Ride Canada's Legalization Wave

“Insiders have created a huge amount of wealth for themselves and even early investors,” PI Financial analyst Jason Zandberg said in a telephone interview. “It reminds me of back in the dot com days. You always heard of a friend of a friend who got in early and got their company bought out.”
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Mortgage rates head even lower, offering home buyers a breather

Rates for home loans fell for a second straight week, offering a respite for home buyers and owners even as stock investors got hammered in turbulent markets. The 30-year fixed-rate mortgage averaged 4.40% during the week ending April 5, according to Freddie Mac's weekly survey, out Thursday.
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4 demographic trends set to impact real estate in the next decade

Burns identified four key trends and also assessed the impact they would have on real estate markets going forward. These include America's aging population. The nation will see more people aged over 65 as medical advances allow people to live longer than before. Burns estimates that around 38
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India bond turbulence sharpens debate over foreign buyers

In contrast, foreign appetite for Indian bonds has been strong over the past year. Although they turned net sellers last month, foreign investors pumped a net $18.3bn into Indian debt — including the relatively small corporate bond market — in the financial year ending in March. That compared with net
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Seven Real Estate Pros Weigh In On Affordability And Foreign Buyer Taxes

I don't really see how a property tax hike will deter foreign buyers from investing. It is better to have a more rigorous acquisition process with large upfront fees, similar to the Australian market, that would deter foreigners and provide more opportunities for locals. – Engelo Rumora, List'n Sell Realty
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Term Sheet — Thursday April 5

… will today's VCs be best positioned to fund companies in the future? Or will we see token sales and other democratized funding mechanisms become the preferred path for entrepreneurs? Please reply to this email or send me your thoughts at polina.marinova@fortune.com, and I'll include a selection
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“Time to stop this unfairness!”

The problems are becoming more common because in the past very few community banks would leave their primary tech vendor—2 or 3 banks a year—and they wouldn't talk about it. Today, many more banks are leaving and bankers are beginning to share with other bankers their experiences in peer
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Investors Title (ITIC) Receives Coverage Optimism Rating of 0.09

Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Investors Title earned a coverage optimism score of 0.09 on Accern's scale. Accern also assigned news articles about the insurance provider an impact
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Key mortgage rates mixed for Thursday

Mortgage rates showed no clear direction today. The average for a 30-year fixed-rate mortgage held firm, but the average rate on a 15-year fixed fell. On the variable-mortgage side, the average rate on 5/1 adjustable-rate mortgages climbed higher. Rates for mortgages are in a constant state of flux, but
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Why Facebook Investors Seem So Satisfied with Mark Zuckerberg's Mea Culpa

… happens next that counts. Once Facebook has worked to regain people's trust—if indeed that's possible—it needs to show that it can still thrive while being respectful of users' data and privacy. A version of this article first appeared in CEO Daily, Fortune's newsletter on how to succeed big in business.
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Renters break into the New Westminster housing market

The Action: The listing agents held two open houses and saw about 40 groups go through. They received two offers. The buyers were a young couple that had been renting in Vancouver and were looking to break into the housing market, listing agent Denny Dumas says. The sellers had purchased the
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Gold Price Seen 'Moving North' as World Fails to Replace Output

Bullion prices are set to rise because there's been a lack of exploration and the global industry isn't replacing the reserves it's been mining, according to Stephen Letwin, chief executive officer at Iamgold Corp. “Gold has a much higher probability of moving north as opposed to south,” Letwin said in an
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Kabbage Says 17% of Its Small Business Loans are Accessed on Mobile Devices

With the growth of mobile lending, online lender Kabbage now says 17 percent of all its small business loans are being accessed through mobile. The company recently analyzed the lending behavior of almost 150,000 borrowers to draw out some interesting data.
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South Korean Crypto Exchange Executives Detained in Fraud Probe

… 57th among global cryptocurrency exchanges, with trading volume of $8.3 million in the last 24 hours, according to Coinmarketcap.com, a digital currency data aggregator. — With assistance by Kyungji Cho. Before it's here, it's on the Bloomberg Terminal. LEARN MORE · Have a confidential news tip?
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Haider-Moranis Bulletin: Canada needs more up-to-date data on mortgage fraud

There is an urgent need to understand the economics of mortgage fraud in Canada. Vigilant and transparent monitoring of mortgage finance will build confidence in Canadian financial institutions. Murtaza Haider is an associate professor at Ryerson University. Stephen Moranis is a real estate industry
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New mortgage rules still driving Fraser Valley home sales down: broker

Real estate sales across the Fraser Valley were down a significant 24 per cent in March compared to a year ago, according to the latest numbers, but one real estate broker said there's no need to panic. “The 10-year average is 1,658 sales per month, and we processed 1,654 [this month],” said Michael
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