Peter Thiel's Founders Fund Goes Big on Bitcoin

Peter Thiel's Founders Fund Goes Big on Bitcoin

The PayPal co-founder and other Founders Fund partners bought $15 million to $20 million worth of the cryptocurrency that's now worth hundreds of millions of dollars, according to a Wall Street Journal report on Tuesday that cites unnamed sources. The report didn't say exactly when Thiel or his VC
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Bank of America's Shares Saw A Strong Performance In 2017, Even As Banking Sector …

The year 2017 was characterized by an upbeat equity market, with the strong economic outlook at the beginning of the year being supported by steady growth in corporate profits. While the Fed's decision to raise benchmark interest rates at regular intervals reinforced investor confidence, expectations of
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Vermont Leads Nation for Inbound Migration

Mortgage professionals on the hunt for new business may want to pay a lot more attention to Vermont and a lot less attention to Illinois, according to United Van Lines' 41st Annual National Movers Study, which tracks customers' state-to-state migration patterns over the past year. Vermont topped the list
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Celebration of Excellence Nomination Deadline is January 11, 2018

At Enterprise Bank we know what it is like to dedicate oneself to achieving a dream. For nearly 30 years, we have witnessed the amazing results attained by people who are determined to create success, no matter what. These people are not seeking recognition, nor do they need to receive awards.
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NMI Holdings Inc (NMIH) Stake Maintained by Clough Capital Partners LP

Clough Capital Partners L P held its position in NMI Holdings Inc (NASDAQ:NMIH) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 120,300 shares of the company's stock at the end of the fourth quarter. Clough Capital Partners L P owned about 0.20% of NMI
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Amidst Building Boom, Seattle Pledges Record $100 Million on Affordable Housing

The median home price in the city is now around $720,000, a 13.5 percent increase over the previous year (and 20 percent more than the previous record before the 2008 market crash). Apartment rents have climbed more than 57 percent in the past 6 years, as Seattle sees the fastest population growth
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The Disturbing Details of Silicon Valley's Underground Sex Party Scene

Women trying to break into the bro-centric world of Silicon Valley apparently must also navigate another minefield: invitations to exclusive, drug-fueled sex parties attended by some of the tech industry's most powerful men. And it isn't once-in-blue-moon thing, either. These parties are a regularly tech
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Procore and Plans4Less.com Partner to Keep Construction Companies Literally On the Same Page

Now small contractors, engineers, architects and real estate people can not only use Procore software to seamlessly access construction plans sent from anywhere to anywhere, but also get Plans4Less' integration for the lowest document printing prices and fastest turnaround possible. In addition, they
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Banks Marked Year Of Expansion, Mergers

In March, Pittsburgh, Pennsylvania- based FNB CORP. completed its $1.4 billion merger with YADKIN BANK, changing the systems and signage for seven Yadkin branches in the Wilmington market. By acquiring Raleigh-based Yadkin Bank FNB gained Yadkin's roughly $7.5 billion in total assets, $5.3
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Steimer Says: Six CRE projects to watch in 2018

Heading into 2018, there are five development projects I have my eye on to indicate whether Memphis' real estate momentum will continue. The projects are ones I expect to be writing about multiple times in 2018. Each has the potential to make a major impact on its respective area of the city, and each
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House prices rise by 2% in Leitrim

Commenting on the figures, Ronan Lyons, economist at Trinity College Dublin and author of the Daft.ie Report, said: “The main feature of the property market in 2017 was just how different the second half was from the first. The first half of the year saw prices jump by 9% in six months, as the relaxation of
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People In Business: Jennifer Plassmann of North Brookfield Savings Bank

NORTH BROOKFIELD – North Brookfield Savings Bank (NBSB) is pleased to announce the recent promotion of Jennifer Plassmann to the role of Branch Manager. “Jennifer's promotion is very well-deserved. She has proven herself to be a very valuable asset to the community and customers of Palmer,
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Canada rings in the new year with new mortgage rules

VANCOUVER (NEWS 1130) – Getting a mortgage in Canada just became a little harder, and the new year also rang in a new stress test for potential home buyers. Borrowers with an uninsured down payment of 20 per cent or more must now prove they could afford a rate hike of two percentage points,
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Can Homebuyers Afford a Mortgage in These Cities?

GoBankingRates used the median home listing price in the 100 biggest cities across the U.S. to figure the monthly mortgage payment. Using the rule of thumb that no more than 30 percent of income should go toward housing, they calculated the income needed to afford a mortgage in those cities and
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Banks Continue Post-Tax Reform Wage Increases, Community Investments

Minneapolis-based U.S. Bancorp today announced a $1,000 bonus for nearly 60,000 employees, a new minimum wage of $15 per hour for all hourly employees and a $150 million contribution to the U.S. Bank Foundation. The company also said it would enhance employee health insurance offerings
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Fannie Mae close to deal for another major DC-area consolidation

Fannie Mae is in talks to shift its Northern Virginia operations to one of a handful of prospective locations, including one near the planned Reston Town Center Metro station, according to sources familiar with the search. The financial services company leases space in Herndon and Reston and has
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Roman Reigns Remains WWE Raw's Driving Force as Intercontinental Champion

Dean Ambrose's injury has derailed the company's plans for The Shield reunion. Brock Lesnar's part-time schedule has kept the Universal Championship from being Raw's actual top title. To combat both situations, WWE has turned to Reigns, asking him to be the red brand's de facto No. 1 champ.
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Hatch retirement paves way for makeover atop banking panel

If he intends to put his hat in the ring for chairmanship of the Finance Committee next year, that could further motivate him and other members to try to move quickly on reforming Fannie Mae and Freddie Mac. Other key GOP players in housing finance reform discussions include Corker and House
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Roanoke's real estate assessments surge, but other revenue sources lag

While the real estate tax increase should produce a net revenue increase for the city of $2.46 million, some of that gain will be offset by a projected $500,000 decrease in personal property tax revenue and flat business license taxes. Only modest gains of 1.5 percent are expected in sales and meals
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Eugene real-estate tech firm IDX buys California real-estate marketing firm for $6 million

Eugene real estate tech firm IDX LLC bought a California real estate marketing firm for $6 million and will add 17 employees, for a total workforce of 72, the companies announced Tuesday. IDX bought Agent Marketing LLC, formerly known as eProperty Sites, which is based in Aliso Viejo, Calif.
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