Category: Business » General Business

Existing-Home Sales Stumble In February

10:06 am Eastern | Business

After starting the year at the fastest pace in almost a decade, existing-home sales slid in February but remained above year ago levels both nationally and in all major regions, according to the National Association of Realtors.read more »

Harris Poll Finds Half Of Americans Say CEOs Have a Bad Reputation

21 Mar 10:06 | Business

Fifty percent of Americans rate the reputations of today's CEOs and corporate leaders as "bad," according to research from The Harris Poll Reputation Quotient (RQ, which has identified movement, trends and insights in a changing corporate reputation landscape for the past 18 years.read more »

Skilled Workers More Prone To Mistakes When Interrupted

20 Mar 15:07 | Business

Expertise is clearly beneficial in the workplace, yet highly trained workers in some occupations could actually be at risk for making errors when interrupted, indicates a new study by two Michigan State University psychology researchers.read more »

Home Prices at New High in February Amid Record Low Inventory

20 Mar 13:02 | U.S. News

February home prices reached a new high as steady demand combined with record low inventory drove prices up, according to this month's RE/MAX National Housing Report that surveys 53 metro areas.read more »

20 Worst Paying Jobs For Women In America

20 Mar 10:05 | U.S. News

What are the worst paying jobs in America for women? 24/7 Wall St. reviewed female weekly earnings as a percentage of male weekly earnings in full-time wage and salary jobs using data from the Bureau of Labor statistics to identify the 20 worst paying jobs for women in America.read more »

Research First To Show Effectiveness Of Federal Reserve Emergency Lending 2007-09

17 Mar 13:04 | Business

This week, the Federal Reserve hiked interest rates for just the third time in nine years. While many Americans know the Fed for its role in making monetary policy, it serves another lesser-known but hugely important purpose: providing temporary, short-term funds to banks as a "lender of last resort."read more »

Mortgage Rates Hit Multi-Year Highs

17 Mar 10:05 | Business

Mortgage rates increased for a third consecutive week, with the benchmark 30-year fixed mortgage rate rising to 4.44 percent, according to Bankrate.com's weekly national survey. read more »

Growth Forecast Unchanged Ahead Of Expected Rate Hike

16 Mar 10:05 | Business

Growth expectations for 2017 remain subject to both upside and downside risks from potential policy changes as the Federal Reserve considers raising interest rates for the second time in three months, according to the Fannie Mae Economic & Strategic Research (ESR) Group's March 2017 Economic and Housing Outlook.read more »

U.S. Employer Confidence Remains Positive

15 Mar 10:06 | Business

U.S. employers expect the hiring pace to remain positive in Q2 2017 with 22 percent of employers planning to add staff between April and June, according to the latest ManpowerGroup Employment Outlook Survey.read more »

Two In Three Americans Favor Enhancing Women's Status In Society

13 Mar 12:05 | U.S. News

As Americans took part in International Women's Day, a collective day of global celebration and a call for gender parity, a new Harris Poll finds that two in three Americans (66%) say they favor efforts to strengthen and change women's status in society. read more »

Female Pessimism About Pay Could Sustain The Gender Pay Gap

10 Mar 2017 | World

Efforts to end the gender pay gap could be thwarted by the tendency for women to be pessimistic about their earning potential, shows new research from the University of Bath.read more »

Mortgage Rates Jump To Nearly 3-Year High

10 Mar 2017 | Business

Mortgage rates increased for a second week in a row, with the benchmark 30-year fixed mortgage rate rising to the highest level since April 2014 at 4.38 percent, according to Bankrate.com's weekly national survey.read more »

The 25 Highest Paying Jobs In America For 2017: Glassdoor

9 Mar 2017 | Business

The job and recruiting marketplace, Glassdoor, has announced the results of its newest jobs report identifying the 25 Highest Paying Jobs in America. read more »

Financial Speculation Led To Unsustainable Global Housing Crisis

3 Mar 2017 | World

The world's money markets have priced people out of cities, an independent expert has said, blaming financial markets and speculators for treating housing as a “place to park capital.”read more »

Mortgage Rates Rebound Following President's Speech

3 Mar 2017 | Business

Mortgage rates moved up slightly from one week ago, with the benchmark 30-year fixed mortgage rate nosing higher to 4.31 percent, according to Bankrate.com's weekly national survey. read more »

Finally, live TV made for you

28 Feb 2017 | Media

There’s no question that people love TV, from live sports to breaking news to sitcoms and dramas. But the truth is, there are a lot of limitations in how to watch TV today. Unlike online video, people can't watch TV when they want, on any screen and on their terms, without commitments. Consumers have made it clear that they want live TV without all the hassle. They don’t want to worry about their DVR filling up. They don't want to miss a great game or their favorite show because they’re on the go. They tell us they want TV to be more like YouTube.Well, we’ve got some good news! We’re bringing the best of the YouTube experience to live TV. To do this, we’ve worked closely with our network and affiliate partners to evolve TV for the way we watch today.Meet YouTube TV. It’s live TV designed for the YouTube generation—those who want to watch what they want, when they want, how they want, without commitments. read more »

Finally, live TV made for you

28 Feb 2017 | Media

There’s no question that people love TV, from live sports to breaking news to sitcoms and dramas. But the truth is, there are a lot of limitations in how to watch TV today. Unlike online video, people can't watch TV when they want, on any screen and on their terms, without commitments. Consumers have made it clear that they want live TV without all the hassle. They don’t want to worry about their DVR filling up. They don't want to miss a great game or their favorite show because they’re on the go. They tell us they want TV to be more like YouTube.Well, we’ve got some good news! We’re bringing the best of the YouTube experience to live TV. To do this, we’ve worked closely with our network and affiliate partners to evolve TV for the way we watch today.Meet YouTube TV. It’s live TV designed for the YouTube generation—those who want to watch what they want, when they want, how they want, without commitments. read more »

Pending Home Sales Weaken In January

28 Feb 2017 | Business

Insufficient supply levels led to a lull in contract activity in the Midwest and West, which dragged down pending home sales in January to their lowest level in a year, according to the National Association of Realtors.read more »

83 Percent Of Women Over 25 Who Plan To Have Children Are Postponing Starting a Family

27 Feb 2017 | Business

Eighty-three percent of women over the age of 25 who plan to have children are postponing starting a family to focus on their career, compared to 79 percent of men, found a recent CareerBuilder survey. read more »

Tooth Fairy Payouts Post Record Gains

24 Feb 2017 | U.S. News

An unlikely but accurate economic indicator, Tooth Fairy payouts are soaring, posting record gains in 2016 and early 2017. read more »

Mortgage Rates Slide Back

24 Feb 2017 | Business

Mortgage rates pulled back this week, with the benchmark 30-year fixed mortgage rate retreating to 4.29 percent, according to Bankrate.com's weekly national survey. read more »

What Do Your Co-Workers Really Think Of You?

23 Feb 2017 | Business

Everyday in the workplace, colleagues actively compete for a limited amount of perks, including raises, promotions, bonuses and recognition. But new research shows that, more than often than not, people fall short in determining which co-workers might be trying to edge them out on the job. read more »

Existing-Home Sales Jump In January

23 Feb 2017 | Business

Existing-home sales stepped out to a fast start in 2017, surpassing a recent cyclical high and increasing in January to the fastest pace in almost a decade, according to the National Association of Realtors. read more »

Bank Card Default Rate Hits 42-Month High In January 2017

22 Feb 2017 | U.S. News

Data through January 2017, released by S&P Dow Jones Indices and Experian for the S&P/Experian Consumer Credit Default Indices shows the composite rate up three basis points from the previous month at 0.92% in January. read more »

Do You Really Get Paid Less If You're 'Ugly'?

17 Feb 2017 | Business

Do beautiful people earn more while those who are not so gorgeous are paid less? It's not as simple as that, according to researchers.read more »

Teleworking May Seem Easier, But It Could Disrupt Your Work-Life Balance

16 Feb 2017 | World

Using smartphones, laptops and other technology to work from home can be a blessing – it does away with rush hour traffic, for example – but it also diminishes personal space and contact with colleagues, according to a new study.read more »

California Wine Exports Reach Record $1.62 Billion In 2016

15 Feb 2017 | U.S. News

U.S. wine exports, 90% from California, reached $1.62 billion in winery revenues in 2016, a new record. Despite challenges from a strong dollar, winery revenues were up 1% from 2015. Volume was 412.7 million liters or 45.9 million cases.read more »

When Home Buying, Selling And Renovating, It's An Animal House, Say Realtors

14 Feb 2017 | U.S. News

When making decisions about buying, selling or renovating their homes, Americans, by and large, take their pets' needs into account, according to a new report from the National Association of Realtors. read more »

Surrounding Real Estate Shows Increase In Value If Near Transit Station

13 Feb 2017 | U.S. News

A national meta-analysis led by a UTA researcher shows that single-family property increases only about 2.3 percent when located next to a transit station.read more »

SEC Charges Chinese Citizens Who Reaped Massive Profits From Insider Trading on Comcast-Dreamworks Acquisition

10 Feb 2017 | Business

The Securities and Exchange Commission today announced that it obtained an emergency court order freezing brokerage accounts holding more than $29 million in illegal profits from insider trading in advance of the April 2016 acquisition of DreamWorks Animation SKG, Inc. by Comcast Corp. The SEC alleges that in the weeks leading up to the news of the acquisition, Shaohua (Michael) Yin amassed more than $56 million of DreamWorks stock in the U.S. brokerage accounts of five Chinese nationals, including his elderly parents.  DreamWorks stock price rose 47.3% once the acquisition was announced.   In a complaint filed in U.S. District Court in the Southern District of New York, the SEC alleged the five accounts reaped $29 million from the DreamWorks trades.  The complaint also alleges the accounts profited from other suspicious trading in another U.S.-based company and three China-based companies ahead of market-moving news. Yin, a partner at Summitview Capital Manaread more »

Mortgage Rates Pull Back On Political Uncertainty

10 Feb 2017 | Business

Mortgage rates shifted into reverse this week, with the benchmark 30-year fixed mortgage rate sliding to 4.27 percent, according to Bankrate.com's weekly national survey. read more »

Election Outcome Boosts Confidence In Business Climate

9 Feb 2017 | U.S. News

Nearly 80 percent of the respondents to the seventh annual McDonald Hopkins Business Outlook Survey believe U.S. business conditions will improve this year, compared to 44 percent in 2016.read more »

China Remains Top Trading Partner For U.S.

8 Feb 2017 | Business

The U.S. Census Bureau has issued full year 2016 U.S. international trade in goods and services data and the top five countries based on trade in goods were China, Canada, Mexico, Japan and Germany. read more »

Mortgage Rates Slightly Changed As Fed Holds Steady

3 Feb 2017 | Business

Mortgage rates were only slightly changed this week, with the benchmark 30-year fixed mortgage rate inching higher to 4.33 percent, according to Bankrate.com's weekly national survey. read more »

MIT Study: Online Retail Prices Often Match Those In Stores

1 Feb 2017 | Business

When you buy products online, do you imagine you could get better prices in a store? Conversely, does in-store shopping lead you to wonder whether you are missing better prices online? Fear not.read more »

Mortgage Rates Return To Highest Level In More Than 2 Years

27 Jan 2017 | Business

Mortgage rates reversed course this week, unwinding the decreases seen over the previous three weeks and returning to the levels seen in late December that are the highest since September 2014. read more »

Don't Smile Too Big To Be Effective In Online Marketing Ads, Study Finds

25 Jan 2017 | SciTech

If you're seeking investments through online marketing or crowd-funding websites, be sure to smile in your profile photo or your post. But maybe not too big.read more »

When 'Golden Opportunity' To Bribe Arises, It's Hard To Pass Up

25 Jan 2017 | Business

The path to corrupt behavior may sometimes be a steep cliff instead of a slippery slope, according to new findings. read more »

Morgan Stanley, Citigroup Charged With Misleading Investors

25 Jan 2017 | Business

The Securities and Exchange Commission says Morgan Stanley Smith Barney and Citigroup Global Markets have agreed to pay more than $2.96 million apiece to settle charges that they made false and misleading statements about a foreign exchange trading program they sold to investors.read more »

Existing-Home Sales Slide In December But 2016 Sales Best Since 2006

25 Jan 2017 | U.S. News

Existing-home sales closed out 2016 as the best year in a decade, even as sales declined in December as the result of ongoing affordability tensions and historically low supply levels, according to the National Association of Realtors.read more »

2017 Outlook: Will Trump Policy Changes Extend The Expansion?

23 Jan 2017 | U.S. News

Despite a strong year-end performance by the stock market and a post-election jump in confidence among consumers and businesses, limited information on the new Administration's potential economic policies led to a conservative 2017 growth projection of 2.0 percent, according to Fannie Mae.read more »

Most Expensive Home In The U.S. Lists For $250 Million

23 Jan 2017 | U.S. News

Major luxury developer Bruce Makowsky, known for curating, designing and bringing to life some of the most stunning homes in the country, has unveiled his greatest masterpiece, a brand new $250 million spec home located at 924 Bel Air Road in Los Angeles. read more »

Extreme Space Weather-Induced Blackouts Could Cost US More Than $40 Billion Daily

19 Jan 2017 | SciTech

The daily U.S. economic cost from solar storm-induced electricity blackouts could be in the tens of billions of dollars, with more than half the loss from indirect costs outside the blackout zone, according to a new study.read more »

Holiday Sales Up 4.0 Percent Says Census Bureau

19 Jan 2017 | U.S. News

Holiday spending for total retail and food services sales for November and December 2016 was $935.3 billion — up 4.0 percent from the same two months in 2015 read more »

U.S. Home Sales Finish Strong In 2016

18 Jan 2017 | Business

Capped off by a strong December, 2016 was the best year for U.S. home sales since the recession, according to the January 2017 RE/MAX National Housing Report. read more »

Modest Economic Growth Not An Indication Of Revived Global Demand – Report

18 Jan 2017 | World

A modest global recovery is projected for 2017-18 should be seen as more of an indication of economic stabilization than a signal of a robust and sustained revival of global demand, a new economic report has found.read more »

Study Reveals Where Americans Will Likely Struggle To Make Ends Meet

17 Jan 2017 | U.S. News

Hawaii is the state where Americans are most likely to live paycheck to paycheck, whereas residents of Mississippi are least likely, according to the latest GOBankingRates study.read more »

Nearly 60% Of Americans Can't Afford Common Unexpected Expenses

13 Jan 2017 | Business

Almost six in 10 Americans don't have enough savings to pay for a $500 car repair or a $1,000 emergency room bill, according to a new Bankrate.com report.read more »

Dramatic Uptick In Percent Of Employers Providing Paid Holiday On Martin Luther King, Jr. Day

12 Jan 2017 | Business

This year, over two in five American employers (43 percent) will provide a paid day off for Martin Luther King, Jr. Day, a notable increase from the previous all-time high of 37 percent recorded in each of the past two years. read more »

World Bank Sees 'Moderate' Pick Up For Global Economy In 2017 Despite Weak Investment

12 Jan 2017 | World

Global economic growth is forecast to accelerate moderately to 2.7 per cent in 2017 after a post-crisis low last year, the World Bank said.read more »

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