Fact-Checking Trump and the White House's Amazon Claims

Fact-Checking Trump and the White House's Amazon Claims

U.S. President Donald Trump lobbed another Twitter bomb at Amazon.com Inc. on Thursday, criticizing the world's biggest online retailer for, in his view, failing to pay enough state and local sales tax revenue, hurting the retail job market and abusing postal rates. But the president's criticisms omit some
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What the New Steel and Aluminum Tariffs Could Mean for the Construction and Housing Market

The unexpected announcement earlier this month of new tariffs on imported steel and aluminum could impact prices for the U.S. construction, infrastructure and housing markets. Protectionist trade policy, introduced by the White House to boost domestic production and add new jobs, will impose a 25
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Tesla Recalls About 123000 Early Model S Cars

Tesla Inc. is recalling all Model S cars built before April 2016 to retrofit a power-steering component as the company caps its worst one-month performance in the stock market since December 2010. The issue, which the carmaker said has not led to any accidents or injuries, impacts only the flagship
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After Nearly 20 Years, Legislature Rethinks Payday Lending

Gilbreath is the Executive Director of Hawaiian Community Assets and Hawaiʻi Community Lending. The non-profit provides financial services to underserved communities. For the past three years, his organization collected data on Hawaiʻi's payday lending industry. When a person borrows $600 from
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Frauds cost Rs 18170 cr in 12553 cases to banking sector in FY17: Advisory firm report

registering the highest number of such cases, says a report. While Bank of Maharashtra reported 3,893 cases of fraud, private sector lender ICICI Bank came a close second with 3,359 cases and HDFC Bank the third with 2,319 fraud cases, in the last financial year, according to proxy advisory firm
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Stocks add 316 points on foreign buying

KARACHI: Stocks rallied on Thursday as heavy buying by local and foreign investors propelled the KSE-100 index up by 316.63 points (0.70 per cent) to close at 45,489.62. The market opened firm and the index made an intraday high by 333 points. Foreign investors re-entered, making heavy
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Chamber of Commerce approves real estate appraisal

The Cartersville-Bartow County Chamber of Commerce approved a measure to appraise the organization's real estate tract at Wednesday's board of … The board voted to allocate up to $3,000 to assess the value of the Chamber's property along 122 West Main St., which includes a lot with a current
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Barclays Finalizes Mortgage Securities Probe with $2 Billion Settlement

Barclays finalized an agreement to pay U.S. authorities $2 billion to settle claims that it misled investors with residential mortgage-backed securities it sold in the run-up to the 2008 financial crisis, the U.S. Department of Justice said on Thursday. The final deal is lower than the $5 billion sum that the U.S.
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Lancaster city, Columbia hot spots for home sales

There's good news about the county's housing market. Doug Foltz, president of Lancaster County Association of Realtors and branch manager at Coldwell Banker Residential Brokerage, Lancaster, says home sales in 2017 were up 2½ percent from 2016. However there's still a shortage of inventory.
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US Fed buys $2.9 bln of mortgage bonds, sells none

NEW YORK, March 29 (Reuters) – The Federal Reserve bought $2.941 billion of agency mortgage-backed securities in the week from Mar. 22 to Mar. 28, compared with $2.498 billion purchased the previous week, the New York Federal Reserve Bank said on Thursday. In a move to help the housing
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Russian News Service RT to Go Off the Air in the Washington Area

RT, formerly known as Russia Today, bills itself as a 24/7 news operation that provides alternative sources of information, with the slogan “Question More.” It continues to air in other U.S. cities through a variety of arrangements, including on television systems in many hotels. A spokesman for the Justice
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Eleven Years Later, Barclays to Pay $2 Billion Penalty Over Mortgage Bonds

The U.S. government alleged that investors lost billions of dollars after Barclays misled them about the quality of mortgage loans backing 36 RMBS deals sold by the bank from 2005 to 2007, the DOJ said in a statement Thursday. More than half of the $31 billion of mortgages securitized in the deals
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Two-Thirds of Median-Priced Homes Unaffordable to Average Wage Earners

The first quarter median home prices across more than two-thirds of the nation's housing markets were not affordable for average wage earners, according to new study from ATTOM Data Solutions. The study found that 304 of 446 counties analyzed for this report, or 68 percent, were out of reach if one
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Analysis: What the NY Times Got Wrong on HUD's Fair Housing Policies

Next, the Times tell us that in “an e-mail in November, a top HUD official relayed the news that the head of the Fair Housing and Equal Opportunity division, Anna Maria Farías, had ordered a hold on about a half-dozen fair housing investigations given the highest priority under Mr. Carson's most recent
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$77M real estate transaction in Montco; Benchmark School expanding

Here's how the sales of 14 buildings that MLP Ventures — formerly known as O'Neill Properties Group — are getting recorded with Montgomery County as part of a $76.9 million transaction announced in January. The real estate company bought the properties in a portfolio from Liberty Property Trust.
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Real estate group to move into former Manitowoc Book World site

“I am excited about this great opportunity to represent one of real estate's premier brands,” Townsend said. “The association with Berkshire Hathaway and Starck will bring into play the power of an international leader in real estate and the financial world. This will allow me to offer my clients best-in-class
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Looking to buy a home for $300000? Here's what you can expect to find.

As the spring home-buying season gets underway, first-time home buyers will be out in force searching for their dream homes. Many will come away disappointed in what they find. The number of homes for sale on the market, particularly those at entry-level prices, has declined dramatically in the past
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A glance at US mortgage rates

A glance at US mortgage rates. By the associated press. Mar 29, 2018, 11:49 AM ET. 0 Shares. Email. Star. 0 Shares. Email. Average long-term U.S. mortgage rates moved little this week after a months-long stretch of increases.
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Bitcoin Breaches $7500 in Downbeat End to Dismal Quarter

The world's biggest cryptocurrency by market value dropped as much as 7 percent on Thursday, taking it below the $7,500 mark to the lowest level on a closing basis since early February, according to data compiled by Bloomberg. The slide took the token's losses in 2018 to a whopping 48 percent, and
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Temenos and the need for core banking renewal

According to CTO at Temenos, Dharmesh Mistry, the difference is that today, banks face a whole new level of demand around system scalability and flexibility. This is prompted not only by new regulations such as PSD2, which dramatically increases the number of customer interactions and transactions,
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