Why things may be looking good for home builders

New home sales in July were lower than expected but don’t count the homebuilders out just yet. According to the U.S. Commerce Department, new home sales in July were at a seasonallyadjusted rate of 412,000. That’s 18,000 lower than expected, according to data compiled by FactSet, and it’s also 10,000 lower than June’s revised numbers. […]

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Fed in ‘real debate’ on rate hike in early to mid-2015: Lockhart

By Howard Schneider JACKSON HOLE Wyo. (Reuters) – The U.S. Federal Reserve is focused on an initial interest rate hike between the first quarter and the middle of next year, with possible changes in its main policy statement as soon as next month, Atlanta Fed President Dennis Lockhart said on Saturday. “It is reasonable with […]

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Bank of America seeks to prove Buffett right after record settlement

Billionaire Warren Buffett has predicted Bank of America Corp. will become a profit dynamo when it finally resolves legal battles that have sapped funds and distracted managers. Now we’ll find out if he’s right. Chief Executive Officer Brian T. Moynihan today settled what he has called the firm’s last big fight over faulty home loans, […]

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10 years after its IPO, what’s next for Google?

Ten years ago, a small Internet company called Google (maybe you’ve heard of it?) released its IPO prospectus, declaring that its code of conduct was “don’t be evil.” Google (GOOGL) debuted at $85 a share with a $23 billion valuation. Today the stock is trading just under $600 a share with a $390 billion market […]

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No Fed fireworks, but plenty of clues, expected at Jackson Hole

By Andy Bruce LONDON (Reuters) – Flashes of illumination rather than fireworks are expected at this week’s annual meeting of top central bankers and economists in Jackson Hole, Wyoming. Few predict anything so momentous as the speech by Federal Reserve chairman Ben Bernanke two years ago that paved the way for an unprecedented $85 billion […]

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Apple’s stock price signals ‘a big move is coming’

Apple Inc. (AAPL) will debut the long-awaited iPhone 6 next month, which reportedly will feature a 5.5-inch screen that is made of sapphire, a more durable material than glass or plastic. The new iPhone is likely to be a big hit with smartphone users, which could help the tech giant steal marketshare away from Android-based […]

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Rent the Shoring Equipment You Need to Save Time and Money

When you require shoring equipment, you probably need to complete an important project in a timely, cost-effective manner. When you choose to rent shoring equipment as opposed to buying, you will be provided with many distinct advantages. If you were to purchase the equipment you need, you will be paying a lot of money for […]

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The Importance Of Making Use of Your Local Recycling Center

Recycling centers are becoming more and more important these days. Many people know that you can recycle things like cardboard and soda cans and even most plastic bottles but recycling centers are much more than that now. You can take in items like electronics and scrap metal to be recycled. People these days really have […]

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20 U.S. companies that pay no taxes

There’s no question that the U.S. corporate tax system is broken, as many CEOs would argue. The problem, however, is not only that corporate tax rates are too high — at 35% they are the highest in the world — but that many of the country’s most profitable companies don’t pay ANY corporate taxes. USA […]

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Strategist warns of ‘finite recovery’ in US growth

Investors should not expect much more than two more years of “above-trend growth” in the U.S. economy, Citi Private Bank Global Chief Strategist Steven Wieting told CNBC on Monday. “I hear more and more that this is going to be an endless bull market that there are no cyclical downturns,” he said in a “ […]

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