Forget Banks and Worry About High Stock Prices

Forget Banks and Worry About High Stock Prices

In reverse chronological order: The bursting of the dot-com bubble was behind the downturn from 2000 to 2002. A mass panic or newly introduced
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South Africa Police Probing Three Fraud Cases at Steinhoff

A South African police unit is probing three cases of fraud at Steinhoff International Holdings NV after the embattled retailer submitted a series of
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Trade tension curbs Singapore bank lending in May

BANK lending may be “restrained” until the fog over trade tensions clears, said a top economist on Friday, as growth in business lending eased in May
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$0.47 EPS Expected for Vishay Intertechnology, Inc. (VSH); FEDERAL NATIONAL MORTGAGE …

With 8.14M avg volume, 3 days are for FEDERAL NATIONAL MORTGAGE … Also Seekingalpha.com published the news titled: “FHFA's GSE 3.24%
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Americans Want Stricter Gun Laws. Why Can't Congress Pass Any?

On Thursday a gunman entered the offices of a newspaper in Annapolis, Maryland, and opened fire, killing five people and injuring two. There have
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Intraday Update: Dow Up Triple Digits–That's What We Call a Bounce!

Arseneau has an Overweight rating on real-estate investment trusts and a Market Weight rating on financials. Generally, he doesn't think it's time for
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Is the Opioid Epidemic Impacting Home Building?

The two significant problems which do not seem to have much in common, the opioid epidemic and the housing inventory shortage, might have more
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Deutsche Bank's Quarter to Forget

None of this is good news for the lender's underlying business, which has been unprofitable for three years running. Estimates for revenue and
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Trump's Chances of Coal Bailout Get Better With Resignation

While the administration theoretically can take such action without involving the commission, FERC's jurisdiction over U.S. power markets means it
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NYC Considers Basement Apartment Pilot Program

In an effort to address the shortage of affordable housing in New York City, four City Council members introduced legislation to fund a pilot program to
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Government National Mortgage Association: Loan Seasoning for Ginnie Mae Mortgage-Backed …

Government National Mortgage Association: Loan Seasoning for Ginnie Mae Mortgage-Backed Securities – Interpretive Rule.
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RE/MAX Leads All Other Brands in Survey

Published in The Wall Street Journal, the annual REAL Trends “The … agents with other real estate brands in the 2018 REAL Trends 500 survey.
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Freaked-Out Americans Desperately Seek to Escape the News

Last week, Jen Wrenn, a children's literacy advocate in San Diego, attended her first political protest after reading about the Trump administration
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E-Cigarette Maker Juul Labs Is Raising $1.2 Billion

Juul Labs Inc., a startup that makes electronic cigarettes, is raising $1.2 billion in a financing round that would value the company at $15 billion, said
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Ivory Coast to Start Destroying Cocoa Trees in Forests

Ivory Coast said it will start destroying cocoa crops that are grown in protected areas as the world's top producer seeks to end the destruction of its
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Developer's 'deferred second mortgage' model getting people out of public housing

He came up with a plan that Melbourne University post-doctoral research fellow Dr Kate Raynor has dubbed the “deferred second mortgage”.
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Alight appoints Katrina Marshall as sales director

Alight Mortgage Solutions, a provider of cloud-based applications for budgeting, forecasting, financial reporting and scenario analysis, recently
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TomTom Falls After Report Apple Is Building Own Maps Database

TomTom NV, a maker of digital mapping technology, fell Friday after the website TechCrunch reported that Apple Inc. plans to rebuild its Maps
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US Consumer Spending Cools While Inflation Tops Fed Goal

U.S. consumer spending rose less than forecast in May as outlays on services fell and Americans saved more of their incomes. Inflation topped the
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Citi staff to undergo digital training

Citi is the latest bank here to send staff for digital training. About 400 staff from the consumer banking and operations and technology divisions will
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