Asian Tech Stocks Rally; Yen Gains on Fed Minutes: Markets Wrap

Asian Tech Stocks Rally; Yen Gains on Fed Minutes: Markets Wrap

The Bloomberg Dollar Spot Index fell 0.1 percent, extending the 0.4 percent slide on Wednesday. The yen rose 0.3 percent to 109.91 per dollar,
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Millennials are finally buying homes and it means 'pent up demand' could last for years

Higher home ownership was just one reason why Home Depot reported another strong quarter. Home Depot also benefited from rising home prices
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Wells Fargo's Attempt At Redemption: Scandal-Plagued Lender Names Former Fed Official As Chair

Duke, a deeply experienced banker due to her decades running Main Street lending institutions and her time at the Fed during the financial crisis, will
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This Startup Wants To Make Transferring Data From Smartphones a Lot Easier

A startup backed by Tony Fadell , one of the fathers of the Apple iPod, plans to announce Wednesday it is working with Samsung Electronics, Foxconn
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Housing starts stumble in July as new-home construction churns gradually higher

Another sign of a stabilizing housing market may be the pace of single-family starts. They were at a 856,000 rate in July, barely changed from the
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Rolling Back Banking Regulations “Very Dangerous,” Says Fed Vice Chairman

Federal Reserve Vice Chair Stanley Fischer has sounded the alarm at Republican plans to roll back regulations for the country's largest banks.
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Listed Homes With Bomb Shelters in Very Short Supply

Potential homebuyers who want to protect themselves from the potential shower of North Korean nuclear missiles are out of luck: A new study by
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On affordable housing, many ideas, but solutions are unclear

The statistics are well-known by now: Rent and average home prices are rising much faster than wages, federal estimates show that Charlotte will
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President Trump Targets Amazon for Hurting 'Tax Paying Retailers'

President Donald Trump targeted Amazon again on Wednesday morning, accusing the online retailer of hurting “tax paying retailers.” “Amazon is
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Goldman's Biogen 'Conviction,' New UnitedHealth CEO, Virtual Doctor Visits

Shares of biotech giant Biogen rose 2.5% in early Wednesday trading thanks to a boost from Goldman Sachs, which has added the company to its
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Current Mortgage Rates for Wednesday, August 16, 2017

Mortgage rates are flat right now as there's not much happening in the markets. There really wasn't any significant economic data out this morning, but
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US housing starts, permits fall in July

Single-family homebuilding, which accounts for the largest share of the housing market, slipped 0.5 percent to a rate of 856,000 units last month.
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Tenecent Just Had Its Best Growth in 7 Years

The Chinese internet giant posted its fastest revenue growth in seven years and a record profit that surpassed estimates by 35%, thanks to its marquee
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She Started as a Teller. Now She's the Highest-Ranking Woman in Banking

Betsy Duke was working in a Virginia Beach dinner theater in the mid-1970s, struggling to make ends meet, when she applied for a job at a dry
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Every Region of US Sees Fewer New Homes Hitting the Market—Except One

Despite the lack of homes on the market making buyers ever more frazzled, the number of completed new homes dropped month-over-month in every
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Here's how Texas is solving its inventory crisis

The chart below from Trulia compares the three Texas housing markets to … “We can't say for certain, but at this pace, we would expect new housing
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MBA: Mortgage Applications Rise 0.1%

Mortgage applications increased by 0.1% on a seasonally-adjusted basis over the week ending August 11th, 2017, according to the Mortgage
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Why NAFTA Needs More Than a Few Tweaks

U.S., Mexican, and Canadian trade negotiators meet this week in Washington DC for the first of seven lightning rounds to reshape what Trump calls
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One Day You Might Have a Pig Organ. And It Could Save Your Life.

Organ transplants save the lives of people whose own body parts fail, yet the supply of human donor organs will never be enough to keep every one of
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The Next Apple Watch Could Offer This Big Update

The iPhone maker is working on an Apple Watch version that would allow for cellular connectivity over long-term evolution, or LTE, networks, KGI
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Austin couple sues homeowners group over condo sale

Austin couple sues homeowners group over condo sale

Also named as a defendant is Austin Valuation Consultants Inc., the … board members have refused to authorize the title company, Republic Title of
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Zillow Panel Predicts a Recession by 2020

A panel of more than 100 real estate experts and economists assembled by Zillow looked into the future and see a recession looming on the far
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US home construction slumped in July

Home construction has increased 2.4 percent year-to-date, but the gains have done little to offset the dwindling number of homes listed for sale.
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3M CEO Inge Thulin Just Became the 7th Executive to Leave Trump's Manufacturing Council

President and CEO of 3M, Inge Thulin, announced Wednesday he is leaving President Donald Trump's Manufacturing Council. “I joined the
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Paul Allen's AI Unit Doubles Down on Startup Support

Other groups are studying brain and cell science, components of a Seattle empire that also includes an influential real-estate arm, museums and
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Affordable housing a peak worth climbing for state, federal governments

What no one expected were the waves of foreign and domestic investors who were about to jump into the housing market. Interest from foreign
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Fortune favours Liverpool

Liverpool survived a missed penalty before teenager Trent Alexander-Arnold and a Havard Nordtveit own goal gave it a 2-1 win against Hoffenheim
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Principality ups max new build LTV to 90%

Principality Building Society has increased its new build maximum loan-to-value from 85% to 90% loan-to-value on residential mortgages. The society
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Russell Hathcock Has Been Recognized Among the Top in His Industry by the Expert Network©

After earning his real estate license in 2005, he joined East Valley Property … prioritizes keeping up with local market topics and real estate trends.
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Premiere: Mestizo and Rome Fortune Link Up for "HAN," Your Next Late Summer Jam

Enter “H.A.N.,” their new collab with Atlanta's Rome Fortune. According to Mestizo, this track came together fairly quickly: “We sent this tune to Rome,
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Bitcoin's Next Battle May Already Be Looming

Hi everyone, it's Yuji from Tokyo. I've been writing about the trials and tribulations of bitcoin for more than a year. The recent bitcoin civil war has been
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US housing starts total 1.155M in July vs 1.22M starts expected

The data could temper expectations of a rebound in housing market activity in the third quarter. Housing starts declined 4.8 percent to a seasonally
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A Look At The Potential Blockchain Holds For The Mortgage Industry

“The average mortgage application includes a staggering 500 pages, a number that has trended up rather than down in recent years, despite the
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Froiland and Fairway: Mortgage is what we do

We don't have any current mortgage companies here, and it brings in a new option for borrowers,” Froiland said. “One hundred percent of what we do
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Army Chief of Staff Speaks Out Against Racism and Extremism

As his commander-in-chief doubled down on his claim that “both sides” were to blame for violence during a weekend rally by white nationalists in
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Tampa Bay homeowners sue JPMorgan Chase for billing on already-paid mortgages

JPMorgan Chase is the subject of a lawsuit by two Tampa Bay homeowners who say the bank attempted to collect on mortgages they already paid off.
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Mortgage rates today, August 16, plus lock recommendations

Mortgage rates today opened higher than they did yesterday morning. This is not surprising after yesterday, when most of the heavy data pointed
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Fort Washington Among PA's Most Expensive Zip Codes: Study

… to a new study analyzing real estate trends across the Keystone State. The study, executed by real estate data firm Property Shark, shows that 15 of
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Carlsberg Gets a New Russian Headache With Cheap Bottled Beer

As beer bottles in Russia get smaller, Carlsberg's troubles in the country are growing. Following a ban on 1.5-liter plastic bottles at the start of the year,
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Safa confirms talks with Quinton Fortune over Bafana Bafana coaching job

This was confirmed by Bafana head coach Stuart Baxter, who is keen to work with Fortune. Baxter has already started preparing for the crucial 2018
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