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1m
Calculated Risk
Fannie Mae: Mortgage Serious Delinquency rate declined in August, Lowest since April 2008Fannie Mae reported today that the Single-Family Serious Delinquency rate decli
Fannie Mae: Mortgage Serious Delinquency rate declined in August, Lowest since April 2008
Calculated Risk / Posted a minute ago
Fannie Mae reported today that the Single-Family Serious Delinquency rate declined in August to 1.24%, down from 1.30% in July. The serious delinquency rate is down from 1.62% in August 2015. These are mortgage loans that are "three monthly payments... Read more
2m
Op-Ed News
US prepares to cede key role for internetThe US government is set to cut the final thread of its oversight of the intern
US prepares to cede key role for internet
Op-Ed News / Posted 2 minutes ago
The US government is set to cut the final thread of its oversight of the internet, yielding a largely symbolic but nevertheless significant role over the online address system. When the agreement with the US Commerce Department runs out, ICANN will... Read more
3m
WA Today
Deutsche Bank shakes up marketsThe local sharemarket is set to finish September on a down note, with futures p
Deutsche Bank shakes up markets
WA Today / Posted 3 minutes ago
The local sharemarket is set to finish September on a down note, with futures pointing to a drop at the open on the back of global declines - with more Deutsche Bank woes grabbing the attention of investors. The headlines are filled with talk of... Read more
4m
Billboard
Eric Zho Op-Ed: China Is a Nuanced New Frontier for Electronic MusicChina, whether you’re ready or not, has arrived. Electronic music has been aro
Eric Zho Op-Ed: China Is a Nuanced New Frontier for Electronic Music
Billboard / Posted 4 minutes ago
China, whether you’re ready or not, has arrived. Electronic music has been around for decades in the Western world, both in Europe and in select, soulful cities in the United States. It has since become an undeniable global movement, with artists... Read more
4m
The Buffalo News
Towering degree of confidence for One Seneca’s new ownerOne Seneca Tower officially has a new owner, and possibly a new future. Dougla
Towering degree of confidence for One Seneca’s new owner
The Buffalo News / Posted 4 minutes ago
One Seneca Tower officially has a new owner, and possibly a new future. Douglas Jemal, the highly successful Washington, D.C., developer who reshaped parts of that city, completed his much-awaited purchase of Buffalo’s tallest building and... Read more
2 related stories
4m
Staten Island Advance
More time to submit ideas for spending $1M on North ShoreCITY HALL -- There's even more time to help Councilwoman Debi Rose spend $1 mil
More time to submit ideas for spending $1M on North Shore
Staten Island Advance / Posted 4 minutes ago
CITY HALL -- There's even more time to help Councilwoman Debi Rose spend $1 million on the North Shore. The City Council extended the deadline to submit ideas for participatory budgeting to Oct. 7 and a final neighborhood assembly will be held Oct.... Read more
5m
Jefferson City News Tribune
House lawmakers heap blistering criticism on Wells Fargo CEOWASHINGTON (AP) — Angry lawmakers heaped another round of blistering criticism
House lawmakers heap blistering criticism on Wells Fargo CEO
Jefferson City News Tribune / Posted 5 minutes ago
WASHINGTON (AP) — Angry lawmakers heaped another round of blistering criticism on Wells Fargo's CEO, pressing Thursday for details about what senior managers knew about allegedly illegal sales practices and when any concerns were disclosed. Chief... Read more
381 related stories
5m
WWLP Springfield
House Speaker DeLeo concerned by tax revenue shortfallWEST SPRINGFIELD, Mass. (WWLP) – The state’s economy is struggling and it’s mak
House Speaker DeLeo concerned by tax revenue shortfall
WWLP Springfield / Posted 5 minutes ago
WEST SPRINGFIELD, Mass. (WWLP) – The state’s economy is struggling and it’s making House Speaker Robert Deleo and other lawmakers very concerned. So far this fiscal year, tax revenue is falling short of the levels needed to meet spending... Read more
9m
Peoria Journal Star
Gov. Rauner's deficit projection $2.4B less than lawmakers' SPRINGFIELD, Ill. (AP) — Gov. Bruce Rauner's says the state's budget deficit
Gov. Rauner's deficit projection $2.4B less than lawmakers'
Peoria Journal Star / Posted 9 minutes ago
SPRINGFIELD, Ill. (AP) — Gov. Bruce Rauner's says the state's budget deficit will be $5.4 billion. The figure announced Thursday is far below the $7.8 billion that the Legislature's... Read more
11m
Zero Hedge
Gundlach: "The Market Will Keep Pushing Deutsche Bank Lower Until It Is Bailed Out"With stunned investors reliving memories of the 2008 crisis as Deutsche Bank, a
Gundlach: "The Market Will Keep Pushing Deutsche Bank Lower Until It Is Bailed Out"
Zero Hedge / Posted 11 minutes ago
With stunned investors reliving memories of the 2008 crisis as Deutsche Bank, a bank that is half the size of its host, Germany, seemingly on the precipice, and with Angela Merkel vowing as recently as this weekend not to bailout the bank, the market... Read more
5 related stories
11m
Zero Hedge
Trump’s Mirage of Spending Cuts Will Make America’s Collapse GreatIn the first debate, Hillary Clinton called Trump’s tax plan “trumped-up, trick
Trump’s Mirage of Spending Cuts Will Make America’s Collapse Great
Zero Hedge / Posted 11 minutes ago
In the first debate, Hillary Clinton called Trump’s tax plan “trumped-up, trickle-down” economics. It’s the one thing that came out of her mouth that I had to entirely agree with. Many others are saying it, too: In the Tax Policy Center’s analysis... Read more
12m
Zero Hedge
Yellen Says Fed Buying Stocks Is "A Good Thing To Think About"Having hinted overnight that The Fed could buy stocks "maybe in the future," Ja
Yellen Says Fed Buying Stocks Is "A Good Thing To Think About"
Zero Hedge / Posted 12 minutes ago
Having hinted overnight that The Fed could buy stocks "maybe in the future," Janet Yellen blurted out confirmation that buying assets other than long-term U.S. debt is on the table. Despite the total and utter failure of SNB and BOJ direct equity... Read more
2 related stories
12m
Channel NewsAsia
US stocks tumble on worries about Deutsche BankWall Street stocks tumbled on Thursday on renewed worries about banks following
US stocks tumble on worries about Deutsche Bank
Channel NewsAsia / Posted 12 minutes ago
Wall Street stocks tumbled on Thursday on renewed worries about banks following a report on withdrawals from Deutsche Bank and a bruising Capitol Hill hearing with the head of Wells Fargo. The Dow Jones Industrial Average lost 195.79 points (1.07 per... Read more
12m
Channel NewsAsia
Citi equities executive Bitton leaves firmREUTERS: Michael Bitton, the global head of delta one and head of North America
Citi equities executive Bitton leaves firm
Channel NewsAsia / Posted 12 minutes ago
REUTERS: Michael Bitton, the global head of delta one and head of North American prime finance at Citigroup Inc , has left the firm, according to a person familiar with the matter. Bitton, who joined Citi in 2012 from UniCredit, departed Citi in... Read more
12m
Channel NewsAsia
Yum Brands: Micky Pant to lead spun-off Yum China after splitREUTERS: (Brief corrects to clarify that Micky Pant is expected to take on CEO
Yum Brands: Micky Pant to lead spun-off Yum China after split
Channel NewsAsia / Posted 12 minutes ago
REUTERS: (Brief corrects to clarify that Micky Pant is expected to take on CEO role of Yum China after spin-off. The new role will replace his current position as head of Yum's China unit, from which he is expected to resign.) Yum Brands : Source... Read more
12m
Channel NewsAsia
ECB's Nowotny says Europe not facing new banking crisisBERLIN: European Central Bank Governing Council member Ewald Nowotny said on Th
ECB's Nowotny says Europe not facing new banking crisis
Channel NewsAsia / Posted 12 minutes ago
BERLIN: European Central Bank Governing Council member Ewald Nowotny said on Thursday he did not believe that Europe faced a new banking crisis similar to that seen in 2007 and 2008, but the financial sector was clearly in a transitional phase. "I... Read more
12m
Northern Daily Leader
Thefts drive increase in crime in BendigoBendigo crime rate increases 10.1 per cent in the 12 months to June. THE crime
Thefts drive increase in crime in Bendigo
Northern Daily Leader / Posted 12 minutes ago
Bendigo crime rate increases 10.1 per cent in the 12 months to June. THE crime rate in Bendigo jumped 10.1 per cent in the 12 months to June, driven by a significant increase in the rate of theft. Despite the increase, Bendigo remained one of the... Read more
7 related stories
14m
NZCity
CBL placement 'heavily oversubscribed'CBL Corp has completed the first tranche of a planned capital raising in a "hea
CBL placement 'heavily oversubscribed'
NZCity / Posted 14 minutes ago
CBL Corp has completed the first tranche of a planned capital raising in a "heavily oversubscribed" placement, selling $60 million of new shares. The Auckland-based credit surety and financial risk insurer sold about 17.4 million shares at $3.45... Read more
3 related stories
14m
NZCity
Westland Milk in new joint ventureWestland Milk is putting a $3 million plot of land next to its Rolleston factor
Westland Milk in new joint venture
NZCity / Posted 14 minutes ago
Westland Milk is putting a $3 million plot of land next to its Rolleston factory into a joint venture with Hong Kong-listed Ausnutria Dairy to build a new infant formula plant operating under the Pure Nutrition moniker. The milk processor will take... Read more
2 related stories
14m
Fortune
IBM Is Buying One of the Most Influential Firms on Wall StreetThe tech firm agreed on Thursday to buy Promontory Financial Group—a global con
IBM Is Buying One of the Most Influential Firms on Wall Street
Fortune / Posted 14 minutes ago
The tech firm agreed on Thursday to buy Promontory Financial Group—a global consulting firm that has advised Wall Street’s biggest through the annual bank stress tests. Promontory’s 600 some ex-regulators and former Wall Streeters will train IBM’s... Read more
14m
USA Today
Wells Fargo takes 6 big blows from House panelMembers of the House Financial Services Committee pounded Wells Fargo (WFC) CEO
Wells Fargo takes 6 big blows from House panel
USA Today / Posted 14 minutes ago
Members of the House Financial Services Committee pounded Wells Fargo (WFC) CEO John Stumpf on Thursday and indicated several times that the investigation into the bank and the industry itself was far from over. Stumpf was called to resign, lashed... Read more
381 related stories
14m
The Young Witness
Thefts drive increase in crime in BendigoBendigo crime rate increases 10.1 per cent in the 12 months to June. THE crime
Thefts drive increase in crime in Bendigo
The Young Witness / Posted 14 minutes ago
Bendigo crime rate increases 10.1 per cent in the 12 months to June. THE crime rate in Bendigo jumped 10.1 per cent in the 12 months to June, driven by a significant increase in the rate of theft. Despite the increase, Bendigo remained one of the... Read more
7 related stories
14m
Northern Echo
John Lewis managing director to quit after selection as Tory mayoral candidateOn Thursday night, he said voters in the West Midlands faced "a critical electi
John Lewis managing director to quit after selection as Tory mayoral candidate
Northern Echo / Posted 14 minutes ago
On Thursday night, he said voters in the West Midlands faced "a critical election" in May. Mr Street said: "It will determine how we create wealth here and what type of society the West Midlands will become. I promise to work tirelessly to convince... Read more
23 related stories
15m
Los Angeles Times
Lawmakers spew vitriol at Wells Fargo CEO and ramp up demands for probes of banking industryLawmakers on Thursday intensified their calls for a wide range of investigation
Lawmakers spew vitriol at Wells Fargo CEO and ramp up demands for probes of banking industry
Los Angeles Times / Posted 15 minutes ago
Lawmakers on Thursday intensified their calls for a wide range of investigations into Wells Fargo & Co. — and into the practices of other banks — as political fallout from the San Francisco institution’s creation of unauthorized accounts continues to... Read more
16m
Sun-Sentinel
Stalled Hollywood condo not a good sign for Broward market, analysts sayConstruction on the H3 Hollywood condominium has stopped, at least temporarily
Stalled Hollywood condo not a good sign for Broward market, analysts say
Sun-Sentinel / Posted 16 minutes ago
Construction on the H3 Hollywood condominium has stopped, at least temporarily — and that may bean indication that the market for new condos in Broward County issoftening, analysts say. In a letter to buyers, the developer, Hollywood Station... Read more
16m
Inquirier.net
Shell IPO may be biggest yetThe Philippine Stock Exchange has approved a plan by the local unit of Royal Du
Shell IPO may be biggest yet
Inquirier.net / Posted 16 minutes ago
The Philippine Stock Exchange has approved a plan by the local unit of Royal Dutch Shell to sell as much as P29.7 billion worth of shares in what could be a landmark initial public offering (IPO) in October. The Pilipinas Shell Petroleum Corp. IPO... Read more
4 related stories
18m
Market Watch
Alcoa Inc. board OKs split into Alcoa Corp., ArconicShares of Alcoa Inc. AA, +0.81% rose 1.7% late Thursday after the company's boa
Alcoa Inc. board OKs split into Alcoa Corp., Arconic
Market Watch / Posted 18 minutes ago
Shares of Alcoa Inc. AA, +0.81% rose 1.7% late Thursday after the company's board of directors approved Alcoa's planned split into two independent, publicly traded companies, Arconic, a maker of high-performance materials and engineering products,... Read more
18m
NBC Philadelphia
Sandwich Chain Cosi Files for Chapter 11 BankruptcyCosi, the restaurant chain known for its flatbread sandwiches, said it filed fo
Sandwich Chain Cosi Files for Chapter 11 Bankruptcy
NBC Philadelphia / Posted 18 minutes ago
Cosi, the restaurant chain known for its flatbread sandwiches, said it filed for Chapter 11 bankruptcy protection Wednesday and is seeking to sell itself to its lenders. The company has closed 29 stores, but said the remaining 76 Cosi restaurants... Read more
12 related stories
18m
The Irish Times
Providence books €2.2m operating loss in first half of yearProvidence Resources chief executive Tony O’Reilly jnr said there’s a “good lik
Providence books €2.2m operating loss in first half of year
The Irish Times / Posted 18 minutes ago
Providence Resources chief executive Tony O’Reilly jnr said there’s a “good likelihood” the company will sell a stake in its Druid prospect off the west coast of Ireland before it starts drilling an exploratory well next summer. While Providence... Read more
18m
Market Watch
Extended Stay announces secondary share offering, buybackExtended Stay America Inc. STAY, +0.41% shares slipped in the extended session
Extended Stay announces secondary share offering, buyback
Market Watch / Posted 18 minutes ago
Extended Stay America Inc. STAY, +0.41% shares slipped in the extended session Thursday after the hotel chain said it plans a secondary offering of "paired shares" with its real-estate investment trust arm ESH Hospitality Inc. Extended Stay shares... Read more
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