Recession Brewing in the US Economy; Consumer Struggle Remains Staggering

Recession Brewing in the US Economy; Consumer Struggle Remains Staggering

… one of the lowest since November of 2016. (Source: “30-Year Fixed-Rate Mortgages Since 1971,” Freddie Mac, last accessed November 6, 2017.)
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Fortune: Wegmans tops our "Best Workplaces" in retail list for second straight year

For the second straight year, Wegmans has been named the top place to work in retail by a nationwide publication. Fortune magazine, along with
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One of the World's Best Restaurants Now Has Crickets on the Menu

John Chambers, former longtime CEO of Cisco, likes to call himself a growth and disruption guy. “I get market inflections,” he says. The latest inflection
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Intuit Inc. (INTU) Gets Into The Lending Business

Intuit Inc. (NASDAQ:INTU) is following in several other tech companies' footsteps and will soon add money lending services to its suite of business
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Walmart Rejected Apple Pay and Now It's Paying Off: Here's Why

Walmart's decision to turn its back on a major Apple initiative might have been a smart gamble. In a study from Pymnts.com, 5.5% of iPhone users said
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Miami Beach Lender, Broker Convicted in $20 Million Mortgage Scam

A federal jury Monday convicted a real estate professional in a $20 million mortgage fraud involving a Fort Lauderdale luxury condominium building.
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How Urine Testing Became Big Business

The story is definitely worth a read: Here's another link. This essay appears in today's edition of the Fortune Brainstorm Health Daily. Get it delivered
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Encore Wire Corporation (WIRE) Stake Lessened by Hodges Capital Management Inc.

Encore Wire Corporation comprises about 2.9% of Hodges Capital … and industrial buildings, homes, apartments, and manufactured housing.
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Capital One to cut 950 jobs nationwide as its shutter its mortgage origination business

Capital One Financial Corp., the largest private employer in the Richmond area, is exiting its home mortgage origination and home equity business,
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Sia Beats Paparazzi to the Punch By Posting Her Own Nude Photo

Subscribe to The Broadsheet, Fortune's daily newsletter on the world's most powerful women. The photo has a watermark from an unknown photo
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PGA TOUR Champions and Exact Sciences announce Cologuard Classic as new title of Tucson …

… manufacturer of Cologuard, announced today an agreement making the early cancer detection company title sponsor of the PGA TOUR Champions
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International crime ring leader sentenced to more than 5 years in prison

International crime ring leader sentenced to more than 5 years in prison … “He was buying and selling the most stolen property in the area, and they
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Boundary Issues: Expand Services to Best Serve Our Growing Community

The housing market today is tight. We have about two months or inventory of homes on the market for sale. Occupancy rates for rental housing are as
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Black Knight: Housing is More Affordable Despite Rising Prices

In Black Knight's number crunching, the current national level needed to purchase a median-priced home is 21.4 percent of the median income, which
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Should 'Female Viagra' Have Ever Been Approved?

Sprout Pharmaceuticals CEO Cindy Whitehead holds a bottle for the female sex-drive drug Addyi at her Raleigh, N.C. August 18, 2015. Allen G. Breed
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These Cute Puppies Want You to Enroll in Obamacare

Would a puppy video make you want to buy health insurance? One Florida insurer definitely hopes so. Florida Blue, is using puppies in one of its
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How New Mortgage Rules Will Affect You

If you're hoping to buy or looking to refinance, new mortgage stress testing rules coming January 1st may affect what you can qualify for. Mortgage
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Home Prices Up Again Amid Overvalued Metro Housing Markets

Home prices were up by seven percent on a year-over-year measurement in September, according to new data from CoreLogic.
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The Tocqueville Asset Management LP Increases Position in Capstead Mortgage Corp. (CMO)

… enterprises (GSEs), either the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac)
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Demonetisation effect: Cash-surplus banks cut costly deposits

The liquidity boost resulting from the demonetisation announcement on November 8, 2016 has stayed with the banking sector a year after the event,
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