Quietly, a fight has bubbled up in the ranks of House Republicans, which could derail the centerpiece of President Donald Trump‘s congressional agenda. The battle is really about tax reform, but its stage is the fiscal year 2018 budget resolution, scheduled for a committee vote this week. Behind it all is a clash between Republican […]
Read moreU.S. homebuilders should be feeling pretty good about their business, given the nation’s severe shortage of homes for sale, but a sharp spike in the cost of lumber is weighing heavy on their bottom lines. A monthly index of homebuilder confidence in the single-family market fell 2 points in July to 64 from a downwardly […]
Read moreForeign purchases of U.S. residential real estate surged to the highest level ever in terms of number of homes sold and dollar volume. Foreign buyers closed on $153 billion worth of U.S. residential properties between April 2016 and March 2017, a 49 percent jump from the period a year earlier, according to the National Association […]
Read moreCurrency, United States Finance
UK PM May urges government to show ‘strength and unity’ after leaks suggest divides over Brexit
U.K. Prime Minister Theresa May has told ministers to show “strength and unity”, and to keep details of their discussions private, after reports over the weekend suggested divides over Brexit. One of those reports involved an unnamed minister allegedly accusing U.K. finance minister Philip Hammond of trying to “f— up” the country’s departure from the […]
Read moreNetflix shares surged by nearly 10 percent at the open of trading after posting much better-than-expected subscriber numbers Monday evening. But don’t worry if you missed this move, it’s not too late to get in on the party, history shows. Since 2002, of the 17 times earnings pushed shares of Netflix up by 10 percent […]
Read moreGoogle is adding to its cloud service lineup with a new product that companies can use to manage the job application process. Google Hire is designed to help human resources coordinators at small and mid-sized businesses schedule interviews and keep track of their candidates, Alphabet said on Tuesday. The service integrates with existing Google cloud […]
Read moreNetflix shares are surging in pre-market trading Tuesday as Wall Street proclaimed the company’s utter dominance of the internet video streaming market after it crushed subscriber expectations. The company added 5.2 million memberships during the second quarter compared to the Wall Street consensus of 3.2 million driven by international subscriber growth. Netflix’s “growing distribution ecosystem […]
Read moreBank of America Merrill Lynch released a note to investors on Tuesday reiterating a buy rating on Netflix and raising its price objective to $199 from $184, but noting there’s a bull case where it sees Netflix at $300 a share. It’s the most bullish note on Netflix released Tuesday morning. The bank said Netflix […]
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Say goodbye to the old alarm clock. Students want an up-to-date way to keep track of classes, clubs, extracurricular activities and social events. Wearable tech, like the Apple Watch, can help you stay on top of your agenda with calendar alerts, reminders and email notifications — and it’s a lot more discreet to peek down […]
Read moreThe FBI on Monday warned parents of privacy and safety risks from children’s toys connected to the internet. In an advisory posted on its website, the Federal Bureau of Investigation said that such toys may contain parts or capabilities such as microphones, cameras, GPS, data storage and speech recognition that may disclose personal information. Normal […]
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