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A $1 million bet: Anatomy of a high-end house flip
One house flipper in Bethesda, Maryland, invested a $1 million in the hopes of a quick sale. Here's what she was thinking.
Posted: Tue, 22 Nov 16 08:55:18 GMT
Dow breaks below 18K, as China, Fed fears weigh
Stocks traded sharply lower as weak data out of China coupled with a possible Federal Reserve rate hike weighed on investor sentiment.
Posted: Tue, 22 Nov 16 08:55:17 GMT
Billionaires had a rough year in 2015 - relatively
Billionaires on average became poorer last year as their collective fortunes shrank, even as Asia continued to crank out a new billionaire nearly every three days, a study released on Thursday found. Transfers of assets within families, falling commodity prices and a stronger do...
Posted: Tue, 22 Nov 16 08:55:16 GMT
Goldman launches lending platform for Main St.
Investment banking giant Goldman Sachs (GS) is now giving loans to Main Street. Named after one of the bank’s original business partners Marcus Goldman—who started the firm 147 years ago with Samuel Sachs—the new retail platform allows credit-worthy borrowers to apply for fixed-...
Posted: Tue, 22 Nov 16 08:55:15 GMT
Why stock prices will get even more expensive
Many Wall Street analysts point to the expensive market—especially amid uncertain times—as a key reason for downside ahead.
Posted: Tue, 22 Nov 16 08:55:14 GMT
Jobless claims remain at 43-year low
The number of Americans seeking unemployment benefits stayed at a 43-year low last week in the latest sign that layoffs are scarce. THE NUMBERS: Unemployment benefit applications were unchanged at a seasonally ...
Posted: Tue, 22 Nov 16 08:55:13 GMT
Wall Street cautious ahead of Fed minutes as bond yields rise
Stocks (^GPSC, ^DJI, ^IXIC) started the day in the red as bond yields continue to rise and Wall Street turns its attention back to the Federal Reserve. Amazon (AMZN) today launched a music steaming service with tens of millions of songs you can access on any device for $9.99 a m...
Posted: Tue, 22 Nov 16 08:55:12 GMT
‘Very high’ chance of severe fall: HSBC
"The possibility of a severe fall in the stock market is now very high," warns HSBC, which has dialed up its outlook for U.S. stocks to "red alert".
Posted: Tue, 22 Nov 16 08:55:11 GMT
Amazon to hire 120k temporary workers
U.S. retailers such as Macy's Inc, Target Corp and Kohl's Corp have said they plan to hire fewer temporary workers or to keep seasonal employment levels little changed this holiday season. More than 14,000 seasonal positions were transitioned to regular, full-time roles after th...
Posted: Tue, 22 Nov 16 08:55:10 GMT
Weak China data, stronger dollar send global stocks skidding
World stocks stumbled to three-week lows on Thursday and developed market bond yields dipped, after Chinese data showed a sharp decline in exports.
Posted: Tue, 22 Nov 16 08:55:09 GMT
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