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Schedule for Week of October 21, 2018
The key reports this week are September New Home sales, and the advance estimate of Q3 GDP. For manufacturing, the Richmond, and Kansas City Fed manufacturing surveys will be...
5 hours ago - Calculated Risk
Opendoor is using a $1,000 credit to nudge buyers toward its partner agents and homes
The startup is now offering a more prominent $1,000 credit for buyers who choose to purchase one of the homes Opendoor has for sale, whether they do so directly on their own...
22 hours ago - Inman
Existing home sales fall for sixth straight month in September
U.S. home sales fell in September by the most in over two years as the housing market continued to struggle despite strength across the broader economy.
22 hours ago - CNBC - 3 articles
This Man Will Accept Bitcoin Payment for His $15.9 Million Mansion
In 2013, Roy Niederhoffer, the president of New York-based R.G. Niederhoffer Capital Management, Inc., was in need of a place to live. He'd begun a long-term construction...
1 day ago - Fortune - 2 articles
A Few Comments on September Existing Home Sales
Earlier: NAR: Existing-Home Sales Declined to 5.15 million in September A few key points: 1) The key for the housing - and the overall economy - is new home sales, single...
1 day ago - Calculated Risk - 3 articles
NAR: Existing-Home Sales Declined to 5.15 million in September
From the NAR: Existing-Home Sales Decline Across the Country in September Existing-home sales declined in September after a month of stagnation in August, according to the...
1 day ago - Calculated Risk - 6 articles
US stocks jump following strong company earnings
NEW YORK - Strong earnings are sending U.S. stocks higher Friday at the end of a choppy week of trading. Consumer products maker Procter & Gamble is surging after reporting...
1 day ago - Chron - 5 articles
SolarWinds prices downsized IPO at $15 a share
SolarWinds cut the size of its initial public offering. The IT-management-software maker sold 25 million shares at $15 apiece, raising $375 million. Shares will trade under the...
1 day ago - Business Insider - 3 articles
SolarWinds prices downsized IPO at $15 a share
SolarWinds cut the size of its initial public offering. The IT-management-software maker sold 25 million shares at $15 apiece, raising $375 million. Shares will trade under the...
1 day ago - Business Insider - 3 articles
US home sales fell in September to slowest pace in 3 years
WASHINGTON - U.S. home sales fell for the sixth straight month in September, a sign that housing has become a weak spot for the economy. The National Association of Realtors...
1 day ago - Chron - 3 articles
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A Palestinian-American billionaire built a $1.4 billion luxury city from...
Rawabi is the first planned city in the West Bank built by and for Palestinians. The $1.4 billion project is the brainchild of Bashar al-Masri, a Palestinian-American...
Saudi Arabia's reputation has taken another hit over the death of a...
There is mounting evidence suggesting Saudi Arabia was complicit in the death of a Washington Post journalist. It isn't clear whether the US would impose sanctions if an...
Former GE and NBC exec Beth Comstock can credit much of her success to...
Beth Comstock spent 27 years at General Electric, also working for its former NBC properties, rising to the position of vice chair. She recently wrote the memoir and career...
Saudi Arabia wants to build a $500 billion megacity that's 33 times as large...
Saudi Arabia plans to build a $500 billion megacity that links to Africa via a bridge crossing the Red Sea. The development is part of Crown Prince Mohammed bin Salman's Vision...
Stocks climb as Wall Street's focus shifts to earnings
Stocks jumped at the US open Friday. A sell-off had shaved thousands of points from the major US indices last week. Watch US stocks trade in real time here . Stocks jumped...
Sears is reportedly betting on a lifeline from its controversial former CEO...
Sears is about to find itself in a dire cash situation, according to court filings reported by Bloomberg . The company is relying on a $300 million bailout from former CEO...
A Few Comments on September Existing Home Sales
Earlier: NAR: Existing-Home Sales Declined to 5.15 million in September A few key points: 1) The key for the housing - and the overall economy - is new home sales, single...
You likely won't be riding in self-driving cars too soon - unless you're a...
With the increasing investment in autonomous technology, it seems like we're close to living in a world where our cars drive us. However, it's possible that the autonomous...
SolarWinds prices downsized IPO at $15 a share
SolarWinds cut the size of its initial public offering. The IT-management-software maker sold 25 million shares at $15 apiece, raising $375 million. Shares will trade under the...
High Deficits, Rising Interest Costs Leave U.S. Economy Looking Fragile
From Adem Tumerkan : If you take a step back and look at the macro picture of the U.S. economy - it resembles a huge, upside-down, glass pyramid. Constantly teetering back and...