Trump Calls Apple's Overseas Cash Return 'Huge Win' for US

Trump Calls Apple's Overseas Cash Return 'Huge Win' for US

President Donald Trump said in a tweet Wednesday that Apple Inc.'s decision to bring hundreds of billions of overseas dollars back to the U.S. is a “huge win for American workers and the USA!” “I promised that my policies would allow companies like Apple to bring massive amounts of money back to
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BeijingWest Industries International Limited (HKG:2339): Risks You Need To Consider Before Buying

For BeijingWest Industries International Limited's (SEHK:2339) shareholders, and also potential investors in the stock, understanding how the stock's risk and return characteristics can impact your portfolio is important. Broadly speaking, there are two types of risk you should consider when investing in
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Trump Unveils 'Fake News Awards' as Senators Decry Press Attacks

Earlier this month, the Post found that Trump had made more than 2,000 false or misleading claims since taking office. The link to the list on the GOP.com site was not working on Wednesday night. — With assistance by Laurie Asseo. Before it's here, it's on the Bloomberg Terminal. LEARN MORE.
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President Trump Unveils His 'Fake News Awards' as Senators Slam His Attacks on the Press

U.S. President Donald Trump during a joint press conference in the Roosevelt Room of the White House Jan. 16, 2018 in Washington, DC. Olivier Douliery—Pool/Getty Images. By Bloomberg. 11:50 PM EST. President Donald Trump announced the recipients of his so-called Fake News Awards,
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Big data by Clear Estate can resolve the real estate mystery

Clear Estate, a startup from Chennai, has come up with a fresh approach to understand the real estate. Almost all the sectors have adopted technology to market.
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Moses Tucker announces merger with Arkansas real estate firm

Moses Tucker Real Estate announced Wednesday that it is merging with Newmark Grubb Arkansas to create the second-largest real estate firm in the state. The company said in a news release that the new company, Moses Tucker Partners, will manage and broker more than 5.8 million square feet of
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Blackstone Mortgage Trust Announces Fourth Quarter and Full Year 2017 Earnings Release and …

NEW YORK , Jan. 17, 2018 /PRNewswire/ — Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced that it will publish its fourth quarter and full year 2017 earnings presentation on its website at www.bxmt.com and file its Form 10-K after market close on Tuesday, February 13, 2018 .
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Australian household debt-to-income ratio taps 200pc

It comes as house prices in the major capitals, Sydney and Melbourne, continue to weaken. The latest CoreLogic data shows the housing cycle has turned, with Sydney home prices falling in January and now 3 per cent below the September peak. The Melbourne market is also now believed to have
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Half of Seattle homes selling above list price

The median amount paid above list price was $7,000. Zillow cites strong demand, limited supply, and low-interest rates in the U.S. housing market, with a steady decline in inventory over the past three years. The average home in Seattle sells in less than 50 days, according to Zillow. That's faster than
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Brown Statement on CFPB Decision to Reconsider Payday Lending Rule

Sherrod Brown (D-OH) – ranking member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs – released the following statement opposing the Consumer Financial Protection Bureau's (CFPB) decision to delay and reconsider the payday lending rule that protects consumers from
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President Trump Says Quitting NAFTA Would Yield the 'Best Deal' for the US

President Donald Trump in the Cabinet Room at the White House Jan. 9, 2018 in Washington, DC. Chip Somodevilla—Getty Images. By Reuters. 8:57 PM EST. U.S. President Donald Trump on Wednesday said that terminating the North American Free Trade Agreement would result in the “best deal” to
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Blockchain Consent App, Aziz Ansari, Women's March: Broadsheet for Jan. 17

Good morning, Broadsheet readers! A Dutch startup wants to app-ify consent, news outlets everywhere weigh in on the Aziz Ansari story, and the organizers of the Women's March are, well, not so organized. Have a great Wednesday.
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Banks Award $488K Grant to Rehab 72 Mississippi Homes

BUSINESS WIRE)–A $488,000 Affordable Housing Program (AHP) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) and member institution, The First, A National Banking Association (The First), will rehabilitate 72 homes in Laurel, Mississippi. Local dignitaries yesterday joined bank and
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How a 22-Year-Old Discovered the Worst Chip Flaws in History

“At this point, I realized that the code pattern we were working on might potentially leak secret data,” Horn said in emailed responses to Bloomberg questions. “I then realized that this could — at least in theory — affect more than just the code snippet we were working on.” That started what he called a
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Economist: Home starts will reach 'normal' level in 2021

One of the soft spots in an otherwise strong U.S. housing market has been a lack of homes for sale. Analysts say builders could go a long way toward fixing this problem by ramping up the production of single-family homes. Robert Dietz, chief economist for the National Association of Home Builders
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Bank of mum and dad among the top 10 lenders in Australia

The number and value of loans made to first-home buyers by the “bank of mum and dad” have increased dramatically, and now total an estimated $20bn, according to the latest analysis by Digital Finance Analytics (DFA). This places the bank of mum and dad among the top 10 mortgage lenders in
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Koreas to March Under One Flag at Olympics Opening Ceremony

South Korean actor Park Bo-Gum, left, holds the PyeongChang 2018 Winter Olympics torch during the torch relay in Seoul on Jan. 16, 2018. Photographer: Chung Sung-Jun/Getty Images AsiaPac. North and South Korea will march jointly under one unified flag during the opening ceremony of the Winter
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Report: Barcelona Veteran Javier Mascherano Set to Join Hebei China Fortune Next Week

Javier Mascherano is expected to leave Barcelona next week after his side's Copa del Rey clash with Espanyol, Football Espana have reported. The Argentine defender will join Hebei China Fortune in a training camp in Marbella following what will be his final Blaugrana appearance. Mascherano was
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Banking sector's 'capital supply' grew to N$13,8b

Highlighting new developments, Zemburuka revealed that the bank implemented the regulations on the loan-to-value ratio for banks during 2017, and this introduced various loan-to-value ratios in respect of mortgage loans granted by banking institutions to individuals to acquire second and subsequent
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Magna International (MGA) Receives “Buy” Rating from KeyCorp

Magna International logo Magna International (NYSE:MGA) (TSE:MG)'s stock had its “buy” rating reiterated by equities research analysts at KeyCorp in a research report issued to clients and investors on Wednesday. Several other brokerages have also recently issued reports on MGA. Goldman Sachs
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What Should You Know Before Buying Da Ming International Holdings Limited (HKG:1090) For Its …

What Should You Know Before Buying Da Ming International Holdings Limited (HKG:1090) For Its …

Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. In the past 6 years Da Ming International Holdings Limited (SEHK:1090) has returned an average of 1.00% per year to investors in the form of dividend payouts. Let's dig deeper into whether Da
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The World's Most Valuable Distiller Is Running Out of Liquor

You know you're in Maotai when you smell it. The picturesque town of about 100,000 in southwestern China is home to the world's most valuable liquor company — and the soy-sauce-like scent of the Chinese grain alcohol baijiu, made by the eponymous Kweichow Moutai Co., permeates the main
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Developers Banking On Downtown Bay City For Retail, Housing

Commission President Andrew Niedzinski said developers are contemplating a mixed use with retail and commercial space on the terrace and ground level plus apartments on the second and third levels, similar to the nearby Crapo Building, the former Chemical Bank headquarters, which will be called
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Stroudsburg man stabbed to death aunt and uncle in Pocono Township, police say

Lancelot Fortune, 31, of Stroudsburg was charged with two counts of murder and one count of tampering or fabricating evidence. On Monday, Pocono … The daughter also said Fortune had not lived at the home for about a year and that the victims paid for a Stroudsburg apartment for him to live in.
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Rising mortgage rates unlikely to slow down hot Toronto housing market

But the demand for housing in the Toronto region remains so strong that the higher mortgage rates aren't expected to have a big impact on home sales. The Bank of Canada's move to increase the benchmark rate to 1.25 per cent, which will drive up variable mortgages and consumer loans, was widely
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Mortgage & LGBT Leaders Collaborate for Diversity in Chicago

On Wednesday, March 14, 2018, The American Mortgage Diversity Council (AMDC), in partnership with Federal Home Loan Bank (FHLB) of Chicago, will host a town hall discussion with leaders from the Chicago LGBT community. The meeting is the second in a series of town halls to be convened by
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Bitcoin Crashes to Below $10000 as Cryptocurrency Scams Scare Investors

Bitcoin and cryptocurrency prices deepened their weeks-long rout Wednesday as a spate of hacks and scam warnings compounded fears that regulators would crack down on the nascent digital assets. The price of Bitcoin crashed to well below $10,000, plunging to as little as about $9,200, down more
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Goldman's No. 2 Allegedly Swindled Out of $1.2 Million of Wine by Assistant

A former personal assistant to Goldman Sachs Group Inc. Co-President David Solomon faces federal charges that he stole more than $1.2 million of rare wine from his boss. Nicolas De-Meyer was arrested Tuesday night in Los Angeles and named in an indictment unsealed Wednesday in Manhattan
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Consolidated Edison, Inc. (ED) Shares Bought by Gulf International Bank UK Ltd

Consolidated Edison logo Gulf International Bank UK Ltd raised its holdings in shares of Consolidated Edison, Inc. (NYSE:ED) by 5.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 99,364 shares of the utilities provider's stock after buying
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Equatorial Guinea Will Seek French Help to Probe Foiled Coup

Equatorial Guinea will ask the French government to help investigate a foiled coup which it says was plotted by mercenaries from Chad, Sudan and Central African Republic and financed by “personalities” in France. Authorities in the oil-producing nation arrested some mercenaries as they tried to cross
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One-third of LA homes sell above asking price

In Los Angeles, where a very hot housing market shows no signs of slowing, nearly 40 percent of homes now sell above asking price, according to a report from Zillow. How much above? Around $14,100—more than twice the national median, as measured by the real estate website. Across the country
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SA house prices may show signs of recovery in 2018

Loos said the decline in house prices was not surprising given the worrying state of the economy, junk downgrades of SA's credit ratings and low levels of consumer and business confidence. Housing activity typically mirrors the state of the economy, which is expected to grow by a paltry 0.7% in 2017,
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Discovery Plans to Expand Loudoun Center

Those include three in the top 100: Falls Church-based defense company General Dynamics, and mortgage business Freddie Mac and Capital One Financial, both in McLean. Dulles-based aerospace and defense company Orbital ATK, which ranked 549th on the 2017 Fortune list, is the largest
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Maine AG Joins Group That Wants Review Of Banking Laws, Pot

Maine AG Joins Group That Wants Review Of Banking Laws, Pot. By AP • 24 minutes ago … Mills and 18 other attorneys general want more information about how the banking regulations apply to the emerging marijuana industry in the states that have legalized the drug. Maine is one of those states.
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Coldwell Banker Town & Country Real Estate 1.17.18

Bob Pennington, from Coldwell Banker Town & Country Real Estate, discuss how 2017 wrapped up, and shares his forecast for the real estate market in 2018. Coldwell Banker Town & Country Real Estate opened its doors in 1973. In 1986, Town & Country joined Coldwell Banker Residential Affiliates
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Vermont Federal Credit Union named a VHFA top performer in 2017

Vermont Federal Credit Union was ranked first among credit unions and third amongst all VHFA participating lenders. Patricia Boyce, Mortgage Originator at the Credit Union, was ranked second among all Mortgage Originators and first for credit unions. Mark Antell, Assistant Vice President of Mortgage
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Greater Pittsburgh home sales up over last year

December was a strong month for the Greater Pittsburgh housing market, according to the year-end RE/MAX National Housing Report . The month saw growth in overall sales, a boost in the median sales price and stabilization of months supply, according to the December 2017 housing report.
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Governor pulls in real estate contributions through 'egregious' loophole

The governor's most recent filings with the state Board of Elections show hundreds of thousands of dollars poured in from individuals and entities in real estate, and particularly from limited liability companies. A quirk of state regulations allows LLCs to donate as much as an individual to Albany officials,
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Mortgage loans demand still up

The total value of housing loans approved in November increased by 2.3% to $33.5bn, with the value of those issued to owner-occupiers rising by 2.7 to $21.3bn. Investment loans saw a lower increase of 1.5% to $12.1bn as policies meant to discourage property investing continued to hit investors.
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Japan warns over North Korean 'charm offensive'

Japan has told an international meeting on North Korea that the world should not be blinded by Pyongyang's recent “charm offensive”. Foreign Minister Taro Kono's … I believe that North Korea wants to buy some time to continue their nuclear missile programme.” The US echoed his remarks, with
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Foreign Buyers are Indisputably Affecting the Housing Market

Foreign Buyers are Indisputably Affecting the Housing Market

Monday on the show we spoke to MLA Sam Sullivan who is of the opinion that foreign ownership is not what the problem is with the housing market, and not a big factor in driving up prices. Obviously, this is not a stance everyone is on board with. Guest: Josh Gordon – Assistant Professor at SFU's School
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Name Kronos a Best Workplace in Technology

The Best Workplaces in Technology is one of a series of rankings by Fortune and Great Place to Work based on employee feedback from Great Place to Work-Certified™ organizations. Great Place to Work has previously named Kronos a Best Workplace for Giving Back, a Best Workplace for Women,
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Average Brooklyn Apartment Got Cheaper At End Of 2017: Data

BROOKLYN, NY — The average Brooklyn apartment got cheaper for buyers and renters alike at the end of 2017, new real estate data show. The borough's average home sale price for the last three months of 2017 dipped about 4 percent from 2016 to $853,000, according to a Corcoran report released
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How Bitcoin investors can use profits for a mortgage deposit

Investment in digital currencies has seen a rapid growth in the last year, but Bitcoin investors hoping to cash in and get on the property ladder could be facing problems as mortgage lenders refuse to accept deposits due to money laundering fears. Lenders have to confirm the origins of a mortgage
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Term Sheet — Wednesday, January 17

Read more at Fortune. • Celgene Corp is in talks to buy Juno Therapeutics Inc (Nasdaq: JUNO), according to the Wall Street Journal. Financial terms weren't disclosed. Read more. • Grab acquired iKaaz, an India-based provider of a mobile payment platform. Financial terms weren't disclosed. • Nomad
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Refis were 40% of all loans closed in December

The percentage of refinances grew to 40% of all closed loans in December, according to Ellie Mae's Origination Insight Report. Total refinance loans increased a percentage point from 39% in November and seven percentage points from June, but were still down from 46% from the same period a year
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British Airways Turns Away Passenger Wearing 10 Layers of Clothing

The cost of bringing luggage aboard an airplane can sometimes be close to the flight itself. One British Airways passenger tried to skirt all the fees in a unique way: he decided to wear all his clothes on board rather than putting them in a bag, The Washington Post reports. The man, identified as Ryan
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Two Months May Make a Big Difference for South Africa's MPC

All but six of the 19 economists surveyed by Bloomberg forecast the MPC will leave its benchmark rate unchanged at 6.75 percent. Five predict a quarter percentage point cut and one, Abri du Plessis at Gryphon Asset Management Ltd., says the committee will lower the rate by half a percentage point.
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Food Stamps Should Be Spent on Food

If they ever finish arguing about immigration and the budget, members of Congress can be expected to turn to food stamps, which conservative Republicans want to cut and Democrats don't. For their own sake and to promote public health, both sides might want to focus on a simple reform that deserves
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Why your mortgage is about to get more expensive

The Bank of Canada raised its benchmark interest rate to 1.25 per cent Wednesday and signalled that, barring certain risks, more hikes are likely in the rest of the year. That's creating an unusual situation for Canadians: for the first time in years, those renewing mortgages will be faced with higher rates
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Bogdan Belciu, PWC Romania: The banking sector generated RON 20.6 bln to the state budget in …

According to Bogdan Belciu, Management Consulting partner at PWC Romania, the banking sector generated a total of RON 20.676 billion towards the state budget between 2012 and 2016 in the form of taxes and contributions, and the aggregate profitability of the banking system was of RON 2.185
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Data Sheet—Facebook and Twitter Will Still Work With Disney, Until They Can't

This is the web version of Data Sheet, Fortune's daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here. I've been intrigued by the analysis around Sheryl Sandberg and Jack Dorsey standing down from the Disney board. With Disney a video streamer and Facebook
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Granite Point Mortgage Trust Inc. Announces Earnings Release and Conference Call for Fourth …

NEW YORK–(BUSINESS WIRE)–Granite Point Mortgage Trust Inc. (NYSE: GPMT), a commercial real estate investment trust (REIT) focused on directly originating, investing in and managing senior floating rate commercial mortgage loans and other debt and debt-like commercial real estate investments,
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Maine attorney general joins push to let banks serve state-licensed pot businesses

Maine Attorney General Janet Mills is calling on Congress to enact federal legislation to allow banks to serve state-licensed marijuana businesses without penalty. Mills joined with 19 other attorneys general, including seven out of the eight states that have legalized adult-use cannabis sales, to support
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Switzerland reviews securities lending transactions rules

Switzerland's Federal Tax Administration (FTA) has issued a revised version of its current rules on securities lending and repo transactions to preclude dividend stripping transactions. Among the amendments is a change to the Swiss withholding tax (WHT) refund position of foreign resident borrowers of
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Reverse Mortgages Draining FHA Resources, Overhaul Needed

Several housing authorities recently suggested changes to the form and operation of the Home Equity Conversion Mortgage (HECM) program, more commonly known as reverse mortgages. The program, administered by the FHA, serves homeowners over the age of 62, allowing them to draw on their
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Walmart Names New International CEO

Walmart international brought in net sales of $29.55 billion during the last reported quarter — representing about 25 percent of Walmart's total net sales. …. Unlike a regular retail purchase — which has little long-term risk to customers should they regret their purchases — buying a subscription-based
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Another Reason the Tech Industry Must Become More Inclusive

Despite industry efforts to create cultures where great ideas trump personal status, tech companies still suffer from workplaces with persistent outsider cultures that undercut productivity and innovation. In Great Place to Work's study of more than 79,000 tech workers surveyed to determine the 2018 Best
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Demand for home loans grows for the second straight month

Latest figures from the Australian Bureau of Statistics (ABS) revealed that the value of Australian home loan lending jumped for a second consecutive month in November, thanks to the boost in owner-occupier and investor demands. According to the statistics bureau, total lending value grew by 2.3% to
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Watch a Meteor Explode Over Michigan, Causing Loud Boom and Brilliant Flash of Light

A meteor over Michigan on Tuesday night caused a loud bang and a brilliant flash of light that was caught on video. The meteor appeared in the sky about five miles southwest of New Haven, Mich., 35 miles northwest of Detroit, according to the U.S. Geological Survey. The space rock broke up in the
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PayDay Lending: New Course for CFPB or Kinder, Gentler Regulator?

PayDay Lending: New Course for CFPB or Kinder, Gentler Regulator?

PayDay Lending is hard money lending for desperate folks. It is an ugly … The watchdog agency said in a statement Tuesday that it intends to “reconsider” a regulation, issued in October, that would have required payday lenders to vet whether borrower can pay back their loans. It also would have
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FDIC: Community Banks Outpace Larger Banks in 2017 Deposit Growth

Community banks reversed a long-standing trend and reported greater deposit growth in 2017 than larger banks, according to the latest issue of the FDIC Quarterly. Reviewing figures from the latest FDIC Summary of Deposits, the article showed that community banks saw deposits rise by 6.4 percent,
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Napa's Loan Ranger Chris Salese: What's a '2-1' buy down?

The buy-down program is not an adjustable rate or interest-only mortgage. It's a 30-year fixed rate purchase program and can be applied to a Conventional, FHA or VA loan product. It works as a temporary rate buy-down from your note rate to allow for a lower starting rate and a reduced monthly payment
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South Florida Real Estate Bubble Won't Burst In 2018 According To Berger Singerman Survey

MIAMI, Jan. 17, 2018 /PRNewswire/ — With the national stock market reaching all-time highs in the past year, many real estate experts have indicated that the U.S. real estate market is bound for a bubble burst. That isn't the case in South Florida, however, according to a new survey released today by
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Forty-three-year-old Fortune man back in court in Grand Bank

On November 15, 2017, 43-year-old Steven Thornhill from Fortune was arrested and charged with Possession for the Purpose of Trafficking, Unsafe Storage of Firearms and Unsafe Storage of Ammunition. Mr. Thornhill is due to appear in Supreme Court in Grand Bank on Thursday, January 18, 2018 at
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It's Official: CFPB To Reconsider Payday Rule

The payday lending arena could get help from the Consumer Financial Protection Bureau (CFPB), with acting director Mick Mulvaney saying the CFPB will “reconsider” rules regarding the industry. According to a report in Washington Examiner, Mulvaney said in a statement that: “The bureau intends to
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AG Mortgage Investment Trust (MITT) Earns Daily Media Impact Rating of 0.13

It also focuses on investing in residential mortgage-backed securities (RMBS) issued or guaranteed by a government-sponsored enterprise, such as The Federal National Mortgage Association (Fannie Mae) or The Federal Home Loan Mortgage Corporation (Freddie Mac) (collectively, GSEs), or any
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Bank of England warns banking bosses to stay 'vigilant' over consumer debt risk

“Our main finding concerns weakness in management information and governance,” the letter to banking chairs said. The PRA – which is part of the Bank of England – explained that some companies' board risk committees “do not routinely receive sufficient standardised MI (management information)
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AmTrust selects Southeast Counsel

AmTrust Title Insurance Co. has hired Richard H. Himes, Jr. as its Southeast Counsel, the company announced. … “Rick has an impressive background in title–more than 39 years dealing in every aspect of the industry from title searches to processing and closing both residential and commercial
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Capstead Mortgage (CMO) Earns Daily Media Sentiment Score of 0.22

Capstead Mortgage logo News coverage about Capstead Mortgage (NYSE:CMO) has trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time.
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Google's Fi Low-Cost Wireless Service Adds Unlimited Data. Here's How Much It Costs

Google added an unlimited data plan to its low-cost wireless service known as Google Fi, in a move aimed at matching the popular offers from rivals Sprint, AT&T and others. At $80 per line, the Fi unlimited plan isn't that cheap, but it is more flexible than the competition. Rival plans require customers to
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Renault-Nissan Said It Would Be the World's Biggest Carmaker. But VW Is Still Tops For Now

Volkswagen (vlkay, +2.28%) reported a 4.3% rise in 2017 sales to 10.7 million vehicles, staying ahead of Toyota in the race to keep the title of world's biggest carmaker although Renault-Nissan (rnsdf, +2.96%) has forecast it would go top. Last year's sales by the German firm, which is still dealing with
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The Value of New York Real Estate Jumps More Than 9%

The General Motors Building on Fifth Avenue and Bank of America's tower on Bryant Park are the city's most expensive properties, both valued at about $1.94 billion. The Bank of America tower was publicly subsidized by the Liberty Bond program, which granted corporations $8 billion in tax-exempt
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Sentiment Report: First American Financial Corp (NYSE:FAF)

The company has market cap of $6.72 billion. It operates through Title Insurance and Services, and Specialty Insurance divisions. It has a 23.96 P/E ratio. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related services
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Venezuelan Officials Visit Qatar to Pitch Cryptocurrency

15 that officials expect will bring in as much as $1.3 billion, according to draft documents reviewed by Bloomberg News. The currency then would be sold to individuals. The oil-rich nation plans to pay public workers in the digital token and to use tax incentives to encourage its use. While the petro would
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Bitcoin's Breach of $10000 Triggers Sell Signal for Technicians

Bitcoin's meteoric rise and subsequent plunge has crypto investors scrambling for ways to make sense of the market. Wall Street certainly has tools, but do they offer any meaningful insight for an asset like Bitcoin? Yes, say technical analysts, the folks who study charts for clues on where a stock or
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Fossil Fuels Are Facing a $1.4 Billion Solar Problem in Texas

Almost 15 gigawatts of solar power may crop up in the Lone Star state in the coming years, and every gigawatt stands to shave about $2.76 a megawatt-hour from wholesale electricity prices there when demand peaks in the summer, an analysis by Bloomberg New Energy Finance show. This could end
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Bitcoin Watchers Are Blaming the Slump on the Moon

If regulatory concerns aren't enough to explain Bitcoin's 50 percent slump from its record high reached last month, how about blaming it on the moon? The Lunar New Year, which marks the first day of the year in the Chinese calendar, is being cited by some as contributing to Bitcoin's slump as Asian
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US Banks Have Lost More Than $1 Billion on Steinhoff Loans

Four of the nation's biggest U.S. lenders disclosed more than $1 billion mark-to-market losses and charge-offs on margin loans and other debt tied to the embattled South African retailer in their fourth-quarter results. Citigroup Inc. led the pack with about $370 million, followed by Bank of America Corp.
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A Work Requirement for Medicaid Isn't 'Cruel'

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. To contact the author of this story: Michael R. Strain at mstrain4@bloomberg.net. To contact the editor responsible for this story: Katy Roberts at kroberts29@bloomberg.net. Before it's here, it's on
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Canadian Opera Company unveils compelling lineup for 2018/19 season

Canadian Opera Company unveils compelling lineup for 2018/19 season

Otello's demanding score requires an extraordinarily skilled cast of singers, and that's just what Torontonians will get: Tenor Russell Thomas (Carmen, 2016; Norma, 2016) takes on the title role opposite soprano Tamara Wilson (Die Fledermaus, 2012) as Otello's wife, Desdemona; Canada's own Gerald
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Fannie-Freddie Regulator Calls for Utility Mortgage Guarantors

In a proposal obtained by Bloomberg News, Federal Housing Finance Agency Director Mel Watt wrote that he and agency staff believe the mortgage market should be supported by shareholder-owned utilities with regulated rates of return and an explicit government guarantee of mortgage bonds.
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Facebook Is Investigating Possible Russia Meddling in Brexit

Facebook Inc. is expanding a U.K. investigation into possible interference by Russia ahead of the country's 2016 election to exit the European Union, after facing pressure from lawmakers who were unsatisfied with an earlier probe by the social media company. Facebook and Twitter had previously told
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Pennsylvania Banker Advocates for Stronger SBA Lending Programs

“The SBA programs are an important part of business lending for many banks,” Husic said, citing several examples of Centric Bank customers who have benefited from the SBA's 7(a) loan program, including an Army veteran who wanted to open a gun range that would provide off-duty police training,
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Mortgage Applications Up 4.1 Percent

The Market Composite Index increased 4.1 percent on a seasonally adjusted basis during the week ending Jan. 12 compared to one week earlier. On an unadjusted basis, the index shot up by 32 percent compared with the previous week. The seasonally adjusted Purchase Index increased three
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Merkel Throws Social Democrats a Bone on Coalition Policy Tweaks

Chancellor Angela Merkel signaled that common policies with the Social Democrats can be further fleshed out if the party backs formal coalition talks to form a German government. In her first public comments since announcing a preliminary accord last week, Merkel aimed a message at those Social
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RBC, TD raise prime lending rate after Bank of Canada move

A Royal Bank of Canada sign is shown in the financial district in Toronto on Tuesday, August 22, 2017. Housing affordability in Canada hit the worst level in 27 years in the second quarter of this year, according to a Royal Bank of Canada report. , THE CANADIAN PRESS/Nathan Denette
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CFPB defends judgment in enforcement action against biweekly mortgage payment companies

Despite the CFPB's change in position after Mick Mulvaney's appointment regarding the need for Nationwide Biweekly Administration to post a bond to stay ex.
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How to Find the Best Reverse Mortgage Lender

If you own your home and are 62 or older, a reverse mortgage could allow you to access your home's equity without selling or moving from your property. It's important to understand how reverse mortgages work before signing up, as some types of reverse mortgages have downsides. This guide explains
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Did the tax code overhaul kill home equity loans?

It's a big and confusing question for many homeowners in the wake of the December tax law changes: Are new interest-deductible home equity credit lines (HELOCs) and second mortgages now totally out of reach going forward? The new law eliminated a long-standing section of the tax code that
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Live Oak Bank Announces Jennifer Williams Joins Renewable Energy Lending Team

WILMINGTON, N.C., Jan. 17, 2018 (GLOBE NEWSWIRE) — Live Oak Bank announces Jennifer Williams will serve as a senior loan officer for the bank's renewable energy lending team, which focuses exclusively on utility-scale solar, energy storage and waste-to-energy project financing nationwide.
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Banking Weekend Advisor

Banking Weekend Advisor Job in Belfast City Centre, Belfast – nijobfinder – Northern Ireland – Diamond Recruitment Group – Thousands of jobs throughout NI. Find your Ideal job with NiJobFinder.
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FHFA breaks silence on housing finance reform

WASHINGTON — Federal Housing Finance Agency Director Mel Watt finally detailed his views on housing finance reform, saying that the agency believes Fannie Mae and Freddie Mac should be reincorporated as private entities and the government must provide an explicit guarantee for catastrophic
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Cryptocurrency a 'very critical issue': Banking panel chair

WASHINGTON — As senators weigh reforms of anti-money-laundering rules, they reiterated their desire Wednesday to include issues related to cryptocurrencies as part of legislative discussions. Bitcoin and other virtual currencies were a mere afterthought last week at the first of two Senate Banking
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Mortgage Applications Increased 4.1%

After increasing 8.3% the previous week, total mortgage application volume increased 4.1% on an adjusted basis during the week ended Jan. 12, according to the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey. Applications for refinances increased 4% while applications
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AG Coffman Calls Federal Banking Laws 'Outdated,' Requests Federal Marijuana Industry …

A group of 20 state attorneys general — including Colorado's — injected their support this week into an effort to pass legislation allowing banks to serve legal marijuana businesses without fear of federal retaliation. On Jan. 16, 19 Republican and Democratic state attorneys general signed a letter to
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Is It Time To Buy China International Holdings Limited (SGX:BEH) Based Off Its PE Ratio?

China International Holdings Limited (SGX:BEH) trades with a trailing P/E of 1.5x, which is lower than the industry average of 16.7x. Although some investors may jump to the conclusion that this is a great buying opportunity, understanding the assumptions behind the P/E ratio might change your mind.
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BoC rate hike, coming on heels of new mortgage rules, hits home buyers

First-time home buyers are facing a double blow after the Bank of Canada boosted interest rates on Wednesday just weeks after tougher new mortgage-qualification rules took effect in Canada. The central bank's move to raise its key overnight lending rate by a quarter percentage point to 1.25 per cent
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Midday Update: Dow Climbs Back Above 26000 As Banking Sector Rebounds

Wall Street was already on the upswing after Tuesday's lower close until soft quarterly results from the banking sector and GE unnerved investors and briefly sent Dow futures lower. The shallow retreat was exacerbated by lingering worries about a government shutdown as well as former President
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New American Funding announces expansion into Central Texas

And the company's leadership is making waves in the mortgage market as Patty Arvielo received HousingWire's 2017 Women of Influence award. And this expansion is one of many in recent months. Most recently, the company announced it was expanding its reach in the West Texas and New Mexico
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Best Non-Bank Mortgage Lenders of 2018

Best Non-Bank Mortgage Lenders of 2018

Non-bank lenders provide a welcome alternative to traditional banks, especially for credit-challenged borrowers or those looking for a more streamlined mortgage experience. NerdWallet picked some of the best non-bank mortgage lenders in a variety of categories so you can quickly determine which
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Former Ataris Bassist Arrested in Alleged $27 Million Real Estate Scam

… Ataris Bassist Arrested in Alleged $27 Million Real Estate Scam. Michael Davenport faces 30 years in prison if convicted of charges of wire and mail fraud from telemarketing scheme. Former Ataris bassist Michael Davenport was arrested in late December for his role in a $27 million real estate scam.
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Trump's Physical Exam Inadvertently Sparks #Girther Movement

When President Obama was elected, Donald Trump was the catalyst behind the birther movement, a group of people that were convinced that Obama wasn't born in the United States. The group offered rewards for any evidence that supported their claim, although none ever came. President Trump's
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Crypto Lending Site's Shutdown Renews Ponzi Scheme Allegations

… said that they had trouble exchanging their BitConnect coins for Bitcoin. The company said that it would return $363.62 for every BitConnect coin users held, based on an average price over the past 15 days. BitConnect coins are trading at $12.60, according to data provider CoinMarketCap.com.
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New York City Sees Tax Gain as Real Estate Values Jump 9 Percent

(Bloomberg)—New York City is still reaping the benefits of the real estate boom. The city set a value of $1.26 trillion for its more than one million properties for the fiscal year beginning in July, an increase of 9.4 percent over the previous period that promises to boost the government's tax collections.
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Local housing market carried strong momentum into 2018

The local housing market is likely to benefit for several more months from the momentum that it ended 2017 with, according to a survey released Wednesday by Michael S. Clapp & Associates. Clapp, a real-estate appraiser, said he found several elements of a strong housing market in his year-end
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BitConnect Ends Exchange & Lending After Regulator Letters

BitConnect, which has been accused of being a Ponzi scheme, has shut down its exchange and its lending service. If you haven't heard of BitConnect, you might consider yourself lucky. The reason they gave for shutting down the majority of their services? Bad press, cease and desist letters, and a
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Ellie Mae: Refis dominate end-of-year mortgage market

“As we closed out 2017 we saw an increase in the percentage of refinances due to seasonality as fewer purchases take place in the fourth quarter, and likely homebuyers were taking advantage of the mortgage deductibility limit before it decreased to $750,000 on December 15th,” said Jonathan Corr,
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FirstBank Internet Banking, upgraded with exciting features to promote e-Banking

In order to maintain its leading edge in banking technology, First Bank of Nigeria Limited has upgraded its Internet Banking Solution, FirstOnline, with improved features to promote and safeguard the electronic banking experience of customers vis-à-vis payment efficiency, versatility and productivity in
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3-Plus Reasons to Be Happy About Rising Interest Rates

Don't let interest rates be an abstract concept to you, because they have very meaningful impacts on your financial life. Mortgage rates, for example, do generally move in the direction that the Fed Funds rates move, and when they're quite high or low, it can make a big difference to your wallet and
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A Goldman Sachs Executive Was Robbed of $1.2 Million Worth of Wine

David Solomon, co-head of investment banking for The Goldman Sachs Group Inc., speaks in Beverly Hills, California, on May 4, 2011. Photograph by Jonathan Alcorn — Bloomberg via Getty Images. By Bloomberg. 4:05 PM EST. A former personal assistant to Goldman Sachs Group Inc. Co-President
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Reaction: CFPB Revisiting Payday Lending Rules 'is Unacceptable'

The CFPB's regulation of payday lenders always has provoked heated arguments on both sides of the issue and the agency's Tuesday announcement that it may reconsider its rule restricting lenders again fanned those flames. “Republicans are once again giving payday loan sharks a reprieve at the
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California had 77 of the country's 100 most expensive ZIP Codes for home sales last year, report says

A year-end report from real estate database PropertyShark has confirmed what every Angeleno already knows: California is a really expensive place to live. The analysis, which surveyed the priciest ZIP Codes in the country based on median home sales prices, found that California holds 77 of the 100
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Rising Housing Demand Leads to Increase in Mortgage Applications

Mortgage Applications Post holiday demand in housing and indications of a strong economy led to an increase in mortgage applications this week. The Market Composite Index, a weekly measure of mortgage loan application volume reported by the MBA, increased 4.1 percent on a seasonally adjusted
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Congressmen: Rescinding marijuana banking guidance would be 'dangerous and imprudent'

Longtime congressional proponents of marijuana banking provisions are urging the U.S. Treasury's Financial Crimes Enforcement Network to keep in tact marijuana banking guidance. FinCEN guidelines established in 2014 — outlining how financial institutions should approach banking services with
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Commercial Real Estate Loan Servicer

description. Great opportunity with a reputable growing Real Estate Finance Firm in St. Petersburg, FL 33710 . Responsibilities: Audit, book, analyze, administer, and reconcile commercial real estate and corporate loans. Create, record, execute, and keep up loan servicing policies and procedures.
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China civil servants lend cash to local government

Chinese civil servants in a heavily indebted industrial city have found a unique investment opportunity — by lending money to their own local government employer for “guaranteed” annualised returns of as much as 12 per cent. Since 2015 an online lending platform in Baotou, Inner Mongolia, has
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TPG Specialty Lending, Inc. Prices Public Offering of $150 million 4.500% Notes due 2023

NEW YORK–(BUSINESS WIRE)–TPG Specialty Lending, Inc. (NYSE:TSLX) (“TSLX” or the “Company”) announced today that it has priced an underwritten public offering of $150 million in aggregate principal amount of 4.500% notes due 2023. The notes will mature on January 22, 2023 and may be
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A banking IT system developed in Estonia one of the best in the world

The international Banking Technology Awards has named an information system developed by two Estonian companies as one of last year's best projects in the top banking technology shortlist. The system was developed by the Estonian bank, Bigbank, and a banking software company, Icefire.
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NerdWallet Recognizes New American Funding With Two Awards

NerdWallet has named New American Funding a two-time winner in its annual “Best-Of Awards Program,” which highlights the top financial companies and products nationwide for 2018. NerdWallet selected New American Funding as a Best Mortgage Lender for First-Time Home Buyers with Low Credit
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Real Estate 2018 Outlook

Real Estate 2018 Outlook

Investments & Pensions Europe, Real Estate 2018 Outlook: A Year of Moderation. Please see important disclosures and risks below. By clicking on the link above you will be leaving the Cohen & Steers Web site. Please note that we are providing the link to this third party website only as a convenience
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Christie Ends Term Unpopular, But With Legs Left Unbroken

Trenton, N.J. (AP) — Republican Chris Christie left the New Jersey governor's office with his popularity in tatters, but at least he didn't break a leg. Christie is the first elected New Jersey governor in more than two decades not to suffer a broken leg while in office. — JON CORZINE: The Democrat broke his
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Charleston-area home sales bolted to new record in 2017

Long-term interest rates for the week ending Jan. 11 averaged 3.99 percent on a 30-year mortgage and 3.44 percent on a 15-year loan, according to financier Freddie Mac. The 30-year rate is slightly down from this time last year while the 15-year percentage is slightly above this time one year ago.
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Community banks show interest in personalized approach

According to David Mikolay, vice president and Akron-Canton regional market manager for CF Bank in Fairlawn; and Jim Kleinfelter, president and CEO, and Dell Duncan, executive vice president, both for Geauga Savings Bank in Newbury, community banks continue to grow because of their
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Fed's first Beige Book of 2018 highlights tax reform

The report, which gathers anecdotal evidence on current conditions through interviews with business contacts and economists, showed that some were more optimistic on the overhaul than others, while others expressed concerns over the impact it could have on the housing market. Wednesday's Beige
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Home Truths: Despite tax changes, uncertain climate, East Bay real estate market set for growth

Home Truths, a quarterly report on the state of the Berkeley real estate market, is brought to you by Red Oak Realty. Written by Katie Hall. The beginning of a new year is the perfect time to take stock and look at the state of the real estate market. To cut to the chase: based on the trends we witnessed in
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Goldman Sachs Posts Its First Quarterly Loss in 6 Years Thanks to Trump's Tax Bill

Goldman posted its earnings, revealing its first quarterly loss since 2011 in part thanks to Donald Trump's tax overhaul. But Goldman Sachs' stock price is falling due to a more systemic issue. Bloomberg via Getty Images. By Lucinda Shen. 4:24 PM EST. Early on in Donald Trump's presidency, investors
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Get Out Of Your Own Way And Stop Worrying About Your Job Title

Each company levels differently. A specific title at one company may be completely different from that same title in another company, even in the same industry. Startups and the tech industry have long understood this, and they often use unconventional titles to make people feel more comfortable. In fact
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Football Icon Emmitt Smith in New Real Estate Venture

According to a Dallas Morning News report, Smith formed a commercial property firm in partnership with New York-based Newmark Group that will concentrate on brokerage, development and construction services. Smith had previously been the head of a Dallas commercial real estate brokerage called
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Judge Allows Philadelphia's Suit Claiming Unfair Lending by Wells Fargo

A federal judge in Philadelphia on Tuesday rejected Wells Fargo & Co.'s bid to dismiss that city's lawsuit accusing the largest U.S. mortgage lender of predatory lending targeting black and Hispanic borrowers. U.S. District Judge Anita Brody said Philadelphia may pursue claims that the bank's alleged
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SPLC: Plans to reconsider payday, car title lending rule a blatant effort to aid predatory lenders

The current rule must be preserved because it requires lenders to determine a borrower's ability to pay before issuing a loan. This will stop lenders from trapping consumers in loans that they cannot afford, with mounting interest, fees and bank penalties that make it even harder to repay these loans.
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Apple Plans to Hire 20000 Workers Over the Next Five Years

Apple is going on a hiring spree and plans to recruit 20,000 workers over the next five years. The consumer technology giant revealed its hiring push on Wednesday as part of the company's plans to invest $30 billion in “capital expenditures” in the U.S. over the next five years. Apple (aapl, +0.88%) did
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Lending a helping paw … er, hand

Cats and Dogs were treated to the company of BGSU students Monday, Jan. 15, 2017 as the students participated in BGSU's MLK Service Day, volunteering at the Wood County Humane Society. DB First Federal 300×250 rail top home RS Dr. Angie Goodman 300×250. Posted: Wednesday, January 17,
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Germany demands clarity on risk reduction for banking union

Germany's acting finance minister, Peter Altmaier, played up the chances of progress toward a banking union that is considered necessary to shield the euro zone from future crises. But, speaking after meeting Eurogroup head Mario Centeno of Portugal in Berlin, Altmaier declined to give a timeline,
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Apple Is Paying $38 Billion to Bring Cash Back to the US Because of the Tax Overhaul

Apple Inc. said it will bring hundreds of billions of overseas dollars back to the U.S., pay about $38 billion in taxes on the money and invest tens of billions on domestic jobs, manufacturing and data centers in the coming years. The iPhone maker plans capital expenditures of $30 billion in the U.S. over
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Radian Provides Update on Capital Actions, Comments on Proposed Changes to PMIERs and …

… 2017, has been approved by Fannie Mae and Freddie Mac (the GSEs). As previously announced, the company entered into a second single-premium MI quota share reinsurance arrangement in October 2017, with 65 percent cession on single-premium policies with effective dates in 2018 and 2019.
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Tale of the Ticker: Alexandria Real Estate Equities (ARE) Moves on Volume

Trends are generally categorized as either up, down, or sideways. If a bullish trend is spotted, the trader may expect the upward trend to continue and thus try to capitalize on further upward action. Digging deeping into the Alexandria Real Estate Equities (ARE) 's technical indicators, we note that the
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Canadian banks raise prime lending rate to 3.45% in wake of Bank of Canada move

Banks tend to raise their own prime rates after the central bank raises its lending rate to them to pass their higher borrowing costs on to consumers. Commercial lenders use their prime rate as a benchmark for setting some other rates including variable-rate mortgages and some lines of credit.
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Builder Confidence Slightly Slumps

Builder confidence in the market for newly-built single-family homes started the year on a gloomy note by dropping two points to a level of 72 in January on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). January's slippage followed the 18-year peak in the
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Could Investors Title Company (ITIC) Recover After Forming a Wedge Up Pattern?

Investors sentiment decreased to 1.04 in 2017 Q3. Its down 0.63, from 1.67 in 2017Q2. It fall, as 2 investors sold Investors Title Company shares while 22 reduced holdings. 9 funds opened positions while 16 raised stakes. 786,425 shares or 0.61% less from 791,260 shares in 2017Q2 were reported.
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UPDATE 1-Germany demands clarity on risk reduction for banking union

UPDATE 1-Germany demands clarity on risk reduction for banking union

BERLIN, Jan 17 (Reuters) – Germany said on Wednesday that euro zone members should first agree on clear parameters for reducing risks in the banking sector before progress can be made toward completing a banking union through a deposit insurance scheme in the currency bloc. Reforming the
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At $250 Million, T. Boone Pickens' Ranch Is the Most Expensive Real Estate in America

There is an industrial kitchen and six guest suites, including one where Nancy Reagan once stayed. The property spans over 100 miles and is known as the Mesa Vista Ranch, which combines homes and lodges, as well as a chapel to host weddings. Pickens even had a private residence on the estate,
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New year, new bank account?

As we get used to being in 2018, it may be the perfect time to make a few financial changes. To maximise what you get out of your everyday banking, you could consider changing your current account. Now, you may have seen some ads recently boasting incentives for switching your current account in
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RM Secured Direct Lending continuing to grow & diversify after busy quarter

RM Secured Direct Lending PLC's (LON:RDML) James Robson tells Proactive the portfolio has grown to 24 debt investments across 13 sectors. Robson adds three-quarters of the portfolio is in higher-yielding private bi-lateral or private club investments with the remainder in more liquid public debt
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RHS economics class welcomes banking expert Jeremy Balkin

Jeremy Balkin, head of innovation at HSBC USA, addressed Theresa Fischer's economics class at Ridgefield High School on Nov. 29. Researching him before he came to speak, the class discovered that Balkin is an international thought leader specializing in banking, millennials within finance, and
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Bank Zero: 5 Things You Need To Know About New App-Only Bank

In a statement following the announcement, Jordaan said: “Facebook, WhatsApp, Twitter and Instagram are the new normal for societies. Why shouldn't banks also innovate in this era of wider connectedness, while still ensuring a robust banking value proposition? Bank Zero is addressing these realities
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2018 Economic Forecast: Banking & Finance

Sarah A. Long, president of the Delaware Bankers Association, said the big issues for her members at the year's start are taxes, regulatory relief, fintech solutions and cybersecurity. Fintech solutions are high on most banks' to-do lists because younger bank customers seek out institutions that make
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Floyd Mayweather Plans for Life Outside of the Boxing Ring

Fortune spoke with Mayweather in Las Vegas. In an interview at the unveiling of Mayweather Boxing + Fitness, Mayweather discussed his post-retirement plans, the people who inspired his business dealings, and why he's not afraid to be hated by people. An edited transcript of that conversation follows.
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RBC raises prime lending rate to 3.45% in wake of Bank of Canada hike

TORONTO —The Royal Bank of Canada is raising its prime lending rate by a quarter of a percentage point in the wake of the Bank of Canada's decision to raise its key interest rate target. The increase raises RBC's rate to 3.45 per cent, effective Thursday. Changes in the prime rate affect variable-rate
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Bank of Canada raises key interest rate to 1.25% despite NAFTA worries

The Bank of Canada raised its key lending rate by a quarter percentage point to 1.25 per cent Wednesday, the third time it has moved its benchmark rate from once-record lows last summer. The bank's rate has an impact on rates that Canadians get from retail banks for things like mortgages, savings
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Real Estate: 2018 housing outlook, top 5 trends

The scam works like this — hackers send a fake email representing themselves as the buyer's real-estate agent or title company with new money-wiring procedures. Unknowingly, the homebuyer wires funds to a fraudulent account, losing thousands or even hundreds of thousands of dollars. In 2016, the
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How to Get Back on Track After Being Rejected for a Mortgage Loan

“I regularly see people apply for a loan when they're not prepared,” says Jeff McGrath, a mortgage loan originator at Crown Mortgage Company, in Oak Lawn, Il., that specializes in approving loans rejected elsewhere. Often this starts when the loan officer “over promises,” McGrath says. “Loan officers do
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CFPB to Reconsider or Repeal Auto Title Lending Rule

New leadership at the Consumer Financial Protection Bureau is reversing course on the payday lending rule passed in October under the previous Democratic leadership, the regulator announced Tuesday. The CFPB, led by Interim Director Mick Mulvaney, plans to reopen the rule for a comment and
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Record Number of HERS Rated Homes in 2017

Last year, 227,840 homes were HERS rated and issued a HERS Index Score, a 10 percent increase from 2016. The average HERS Index Score in 2017 was 62, which 38 percent more efficient than a home built as recently as 2006. Texas had the greatest number of homes receiving a HERS Index
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Malauzai's Monkey Insights Analyzes General Digital Banking Usage for All of 2017

AUSTIN, Texas–(BUSINESS WIRE)–Malauzai Software, a provider of Mobile and Internet solutions for community financial institutions, released its January 2018 Monkey Insights that highlights key trends in internet and mobile banking usage based on December 2017 data for 400+ banks & credit
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Entegra Financial Corp. Hires Director of SBA Lending

His 30 year career has included extensive experience building and growing SBA lending teams which were spread over multiple states. … Plemens, President and Chief Executive Officer, commented, “We are excited to add John to our team and look forward to expanding our SBA lending opportunities.
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KBRA Assigns Preliminary Ratings to Galton Funding Mortgage Trust 2018-1 (GFMT 2018-1)

The GFMT 2018-1 mortgage pool comprises 423 first-lien mortgage loans with an aggregate principal balance of $316,901,649, as of the cut-off date. The underlying collateral consists primarily of fixed-rate mortgages (90.5%), with the remainder of loans possessing adjustable rate terms (9.5%).
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Merger joins Moses Tucker and Newmark Grubb real estate firms

Moses Tucker Real Estate and Newmark Grubb Arkansas announced today the companies have merged to create Moses Tucker Partners. The merger makes the new company the second largest commercial brokerage and management firm in the state with 5.8 million square feet of commercial space
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Soldiers Committed Gang-Rapes in South Sudan's Capital, Group Says

Men in army uniforms sexually assaulted more than 150 women and children around South Sudan's capital last year, in some cases mutilating the victims, a group monitoring the four-year civil war said. There's “clear evidence” that such violence by government soldiers and security personnel is
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Imobiliare.ro: How the Romanian real estate market evolved in T4 2017

Throughout the year 2017, the price demands of residential real estate sellers in Romania, for both apartments and houses, maintained a growth trend. According to the trimestral market report published by Analize Imobiliare, a platform launched and supported by Imobiliare.ro, residential properties are,
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Bitcoin's Plunge Turns the Winklevoss Twins Into Ex-Billionaires

Bitcoin's Plunge Turns the Winklevoss Twins Into Ex-Billionaires

1, according to consolidated pricing data collated by Bloomberg. It peaked at $19,511 on Dec. 18. Still, the twins may not be too concerned. They intend to hold their Bitcoin for the long-term and expect it to “appreciate by 10 to 20 times its current value,” Cameron Winklevoss said in a Dec. 8 interview
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A Multibillion-Dollar Industry Is Getting Nervous as the US Loses Favor Among Tourists

As more international travelers decide to skip the United States, 10 business associations, including the U.S. Chamber of Commerce and the National Restaurant Association, have created a travel industry group aimed at reversing the growing unpopularity of the U.S. as a vacation destination.
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Trump Has Come to See Nafta's Benefits, Agriculture Secretary Says

President Donald Trump has come to see that Nafta has some benefits to the U.S., particularly for farming, even as he stays firm in his demand for a new deal, Agriculture Secretary Sonny Perdue said. Sonny Perdue. Photographer: Brendan Smialowski/AFP via Getty Images. Trump “probably left the
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Independent journalists revive National Union of Journalists chapel two years after print title closures

We look forward to positively engaging with the company about this development.” The NUJ criticised The Independent in for closing the print titles in a “deal clinched behind closed doors, without any consultation or attempts to engage with staff”. The previous incarnation of the Independent NUJ chapel
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Barclays Is Cutting Up to 100 Senior Investment Bank Staff

The restructuring comes as Throsby, backed by Chief Executive Officer Jes Staley, encourages the investment bank to take more risks and recapture market share after years of retrenchment and dwindling profitability. Throsby has pledged to reignite “commercial zeal” within the business and warned
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One-Month Losses for the 10 Biggest Cryptocurrencies Top $134 Billion

Bitcoin and other digital currencies are in a tailspin. For the second day in a row, the market is showing substantial declines, with most cryptocurrencies falling 20 to 40% over the past 24 hours. As of 9 a.m. ET Wednesday, the top 10 cryptocurrencies, including Bitcoin, Ethereum, and Ripple, have seen
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Former Ataris bassist charged with running $27M real estate scam

Michael Davenport, the former bassist for the pop-punk band The Ataris, has been charged with conspiracy to commit mail and wire fraud, five counts of wire fraud, and one count of mail fraud. The indictment against Davenport, 49, and a woman named Cynthia Rawlinson, 51, which was obtained by
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Royal Bank raises prime lending rate to 3.45% in wake of Bank of Canada decision

TORONTO — The Royal Bank of Canada (TSX:RY) is raising its prime lending rate by a quarter of a percentage point in the wake of the Bank of Canada's decision to raise its key interest rate target. The increase raises RBC's rate to 3.45 per cent, effective Thursday. Changes in the prime rate affect
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Google Wants Businesses to Use Its AI to 'See' and Sort Photos

Google wants to help its corporate customers “see” photos better with the assistance of artificial intelligence. The search giant unveiled a new service on Wednesday for businesses to build apps that can automatically recognize images. It is a technology akin to Google's image search tool that can
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Emmitt Smith joins new real estate venture

Emmitt Smith has found success in a variety of arenas since retiring as the NFL's all-time leading rusher and one of the greatest Dallas Cowboys to ever wear the star. He has covered the NFL as a broadcaster. He's dipped his toe into other, more surprising areas such as Dancing With the Stars. And he
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Real Estate Wars Personality Spyro Kemble Announces Book Launch

NEWPORT BEACH, Calif., Jan. 17, 2018 /PRNewswire/ — Known for his unfiltered opinion on all things, especially the world of real estate, Spyro Kemble has completed his first book, currently being published. The collection of material within Reality Check: Lessons learned, candor and consequence,
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Alexandria Real Estate Equities (ARE) Seeing Increased Action in Session (0.02%)

Shares of Alexandria Real Estate Equities (ARE) are moving on volatility today 0.02% or 0.02 from the open. The NYSE listed company saw a recent bid of 124.95 and 161390 shares have traded hands in the session. Investors may be circling the wagons wondering what's in store for the stock market
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Banks regaining customer trust, Edelman Intelligence survey finds

The report, which surveyed 1000 people in November last year, found that nearly 80 per cent of respondents believed banks were becoming more customer-focused, up from 63 per cent in May. The research found that 86 per cent of people believed banks help customers to make decisions in their
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Everyone's mortgage is about to get more expensive

The below chart shows the conventional fixed five-year mortgage rate, which is an average of the Big Six banks' posted rates, published by the Bank of Canada over the past decade. (Borrowers typically end up paying a lower rate than is indicated here, owing to discounts and special offers, but it serves
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Resitrader announces Freddie Mac as platform participant

LOS ANGELES, CA (January 17, 2018) — Resitrader Inc.,the leadingonline exchange for whole loan trading in the secondary mortgage market, announced it has completed connectivity of its digital pricing and commitment platform with Freddie Mac. The streamlined interface with Freddie Mac enables
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Samsung's Latest Phone Is Not for Sale

The Korean company unveiled a new version of the popular smartphone Tuesday evening, a special Olympic Games Limited Edition to commemorate the PyeongChang 2018 Winter Games. Rather than sell the handset in stores, Samsung will instead be passing the phone out as a gift to all of the
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Apple Expects to Pay $38 Billion Tax on Repatriated Cash

Apple Inc. said it will bring hundreds of billions of overseas dollars back to the U.S., pay about $38 billion in taxes on the money and invest tens of billions on domestic jobs, manufacturing and data centers in the coming years. The iPhone maker plans capital expenditures of $30 billion in the U.S. over
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Forum in Newark This Afternoon to Discuss Repurposing Property

As trends in the real estate industry continue to shift, how will the state's northernmost counties be impacted? An event today in Downtown Newark will bring those involved in the business together in order to answer that question. This afternoon, the North Jersey Transportation Planning Authority
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Cryptocurrency doesn't have the same price between countries — here's why

… to buy Bitcoins from a vendor in any country, you must have a bank account and an ID in that country. For instance, since Indians cannot buy Bitcoins from Coinbase, they are stuck buying from local vendors. Therefore, the prices of the local vendors are irrespective of the international vendors.
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Homebuilder sentiment cools in January from 18-year high

Sentiment among America's homebuilders eased in January to the second-highest level since 2005, a sign the housing market will continue to make strides this year, according to data Wednesday from the National Association of Home Builders/Wells Fargo. The Housing Market Index fell to 72
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Former Treasury official David Dworkin joins National Housing Conference as CEO

Former Treasury official David Dworkin joins National Housing Conference as CEO

Dworkin comes to NHC from the Department of the Treasury, where he most recently served as a senior housing policy advisor in the Office of Domestic Finance. In this role, Dworkin advised Treasury Secretary Steven Mnuchin's housing team on “regulatory reform, affordable housing tax credits and
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Six trends in retail banking to watch out for in the coming year

With an eventful year for fintech behind us, it is now time for crystal ball gazing for 2018. At this time last year, I predicted that in 2017 blockchain applications will start to trickle down to retail banks, cloud services become the new normal, and we'll see new authentication technologies, the Internet of
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Use Your Assets

Under Freddie Mac guidelines, Individual Retirement Accounts and 401(k)s, lump-sum retirement account distributions, or the proceeds from the sale of a borrower's business can be used to determine a borrower's eligibility for a mortgage. So retiring Baby Boomers and other savvy homebuyers who
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Germany Moves to Speed Up Reply to Macron on Euro Proposals

The document, seen by Bloomberg ahead of a visit by German Chancellor Angela Merkel to Paris on Friday, also says the euro area's two biggest economies should move ahead with aligning corporate taxes. It's backed by the parties that make up Merkel's acting government and the opposition Green
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ATG LegalServe, File & ServeXpress partner

The companies said their partnership will provide law firms and courts more efficiency and cost savings. ATG LegalServe is a subsidiary of Attorneys' Title Guaranty Fund, Inc. “We are excited about our partnership with File & ServeXpress,” ATG LegalServe President and CEO Kelly Kienzle said in a
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Free forum tackles local housing issues

Housing is always a hot topic in Juneau, and those who are curious about the city's housing market will have all day Thursday to learn more. The City and Borough of Juneau is hosting a free Housing &Development Forum from 9 a.m. to 4:30 p.m. Thursday at the Vocational Training &Resource Center at
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Canada's Slowing Housing Market: Which Stocks You Should Avoid?

Rising interest rates and tighter mortgage regulations are slowing down the Canadian housing market, which has been the main growth driver for the economy for almost a decade now. According to economists, the housing market will hit a slow patch as early as the first quarter of 2018, as buyers feel
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Banks expected to share tiny proportion of mammoth Saudi Aramco IPO

“This is the IPO of Saudi Arabia, not just Saudi Aramco. Saudi Aramco is very tight and for something of this size in basis points terms it will be the lowest ever,” said one London investment banker with knowledge of the process. “This will set a new precedent.” An investment banking industry source said
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Mortgage Rates Wednesday: Moderate Rise

Here's how we make money. The average rate on a 30-year fixed-rate mortgage rose five basis points, the rate for the 15-year fixed advanced one basis point and the 5/1 ARM climbed four basis points, according to a NerdWallet survey of daily mortgage rates published Wednesday by national lenders.
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buying clothes from a malaysian seller

buying clothes from a malaysian seller >”i ship worldwide except israel” – “/int/ – International” is 4chan's international board, for the exchange of foreign language and culture.
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Wearing Jeans to Work Raises more than $11000 by Community Bank Employees

“The purpose of Jeans Day is to promote a casual and fun Friday, while raising money that helps our local nonprofits,” said Jenny Ketchepaw, Vice President and Training Manager at Community Bank. “Each of the 17 Community Bank locations have the opportunity to participate and are empowered to
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OneTitle acquires 'significant' interest in NJ title agency

A New York-based direct title insurance underwriter has acquired a significant interest in a New Jersey title agency. Terms of the deal were not disclosed. The companies now will jointly serve clients throughout New York and New Jersey. Read on to learn why the underwriter's CEO said the acquired
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What's Behind Qualcomm's Huge New Profit Promise

It seemed like quite the stunner: besieged mobile chipmaker Qualcomm promising this week that it could earn as much as $7.50 per share next year, almost twice what Wall Street expects. But dig into the numbers and the assumptions and the promises, and there may be less there than meets the eye.
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NH real estate market ends year with still-tightening inventory

New Hampshire's real estate market ended 2017 the way it began, with rising home prices and tightening inventory. According to data from the NH Association of Realtors, there were 1,318 single-family home sales in December 2017, 2 percent more than December 2016, with a median sale price of
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Whole Foods Is Banking on Rotisserie Chicken

That's the line the Republican party used in 1928 to promise Americans who voted for Herbert Hoover a time of ease and prosperity. Though the Great Depression derailed this vow, the party was onto something: Egalitarian and evocative, that phrase has stood for financial comfort and nutritional
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Housing Market Gets a Vote of Confidence from Builders

After reaching an 18-year high of 74 points in December, builder confidence for newly built single-family homes dropped slightly in January to 72 on the National Association of Home Builders (NAHB) / Wells Fargo Housing Market Index (HMI). Despite this fall, builders remain confident about the year
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House bill seeks to cut real estate transfer tax

Cutting New Hampshire's real estate transfer tax “would put more money in the hands of the sellers and buyers” without reducing state revenues, according to Rep. Brian Chirichiello, R-Derry, who testified Tuesday before the House Ways and Means Committee, ignoring an analysis that says such a
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Ireland May Face More Delays in Collecting Apple Tax Billions

Ireland may not start collecting Apple Inc.'s tax billions until the second quarter of this year, the nation's Prime Minister Leo Varadkar said, signaling another delay in a saga that has dragged on since 2016. The government plans to choose custodians and investment managers for the estimated 13 billion
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Fortune man charged with drug trafficking returns to court Thursday

FORTUNE, NL – A 43-year-old Fortune man will be back in Supreme Court in Grand Bank on Thursday fir charges that were laid against him last year. Steven Thornhill was arrested and charged with possession for the purpose of trafficking, unsafe storage of firearms and unsafe storage of ammunition
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Wednesday's Daily Pulse

Experts in real estate, retail, tourism, health care and the financial sector weigh in on what 2018 has to hold for the Sunshine State. One expert, Allison Turnbull, Orlando Office Managing Shareholder for Gunster, talks about upcoming trends in real estate. “Industrial is as hot as it can possibly be right
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