Market News/Feeds
Keeping you up to date on all the latest business and real estate news.
Associated Press
THE HAGUE, Netherlands (AP) -- Unilever, the consumer goods multinational whose brands include Dove, Knorr and Ben & Jerry's, says it is planning a share buyback worth up to 6 billion euros ($7.4 billion) later this year....
BEIJING (AP) -- The Chinese government says Qualcomm Inc.'s plan for its $44 billion acquisition of NXP Semiconductors "has difficulty" resolving concerns of anti-monopoly regulators....
GENEVA (AP) -- Swiss pharmaceuticals company Novartis says net income jumped 12 percent in the first quarter, pointing to explosive growth in its heart-failure drug Entresto as its rollout continues, and powerful double-digit percentage growth for psoriasis drug Cosentyx....
RIYADH, Saudi Arabia (AP) -- The lights dimmed and the crowd of men and women erupted into applause and hoots as Hollywood's blockbuster "Black Panther" premiered in Saudi Arabia's first movie theater....
For some male victims of sexual assault and abuse, #MeToo can feel more like #WhatAboutMe?...
BERLIN (AP) -- An international corruption watchdog group says two years after the Panama Papers revealed how the rich have stashed wealth in shell companies, the world's Group of 20 industrialized and developing nations have made only slow progress improving the legal tools to ensure transparency....
TOKYO (AP) -- Imagine a national budget that reflects steady growth, gives a healthy boost to science and technology while reserving big slices of the overall pie to defense and social spending. It's generous with infrastructure improvements, and is certain of unquestioning, unanimous approval in parliament....
TOKYO (AP) -- A senior Japanese finance ministry official resigned Wednesday after being accused of sexual misconduct in the latest embarrassment for Prime Minister Shinzo Abe's embattled government, already hit by cronyism and other scandals....
PHILADELPHIA (AP) -- The Latest on the plane that made an emergency landing in Philadelphia (all times local):...
SAN FRANCISCO (AP) -- Amazon has persuaded more than 100 million shoppers to subscribe to its Prime service that offers free two-day shipping and other perks that help bind people to the company and its ever-expanding empire....
PHILADELPHIA (AP) -- It was a surreal scene that is part of daily life for many black Americans and minorities, an everyday moment gone wrong, ending in complete humiliation....
BOERNE, Texas (AP) -- The Southwest Airlines pilot being lauded as a hero in a harrowing emergency landing after a passenger was partially blown out of the jet's damaged fuselage is also being hailed for her pioneering role in a career where she has been one of the few women at the controls....
OMAHA, Neb. (AP) -- American sorghum farmers fear they will lose their largest export market if China follows through with a tariff on their crop....
HELENA, Mont. (AP) -- Runoff from a winter that approached or exceeded record snowfall across much of Montana is washing out roads, flooding fields and spilling rivers and streams over their banks much of the northern part of the state....
OMAHA, Neb. (AP) -- American sorghum farmers fear they will lose their largest export market if China follows through with a tariff on their crop....
MILWAUKEE (AP) -- The Bon-Ton Stores, which operates 260 department stores in the U.S., is expected to go out of business after two liquidation firms became the highest bidders at an auction for the bankrupt company's assets Tuesday....
WASHINGTON (AP) -- Parents of students who died in the Parkland, Florida, school shooting are calling for a range of steps to prevent gun violence, including measures to "harden" schools to minimize attacks and to identify potential shooters before they act....
PHILADELPHIA (AP) -- It was a surreal scene that is part of daily life for many black Americans and minorities, an everyday moment gone wrong, ending in complete humiliation....
NEW YORK (AP) -- Credit card giant American Express is reporting the second-highest quarterly profit in its history, driven by strong customer spending on its namesake credit cards and a much lower tax bill....
LOS ANGELES (AP) -- Higher mortgage rates are making the already challenging task of buying an affordable home even tougher for many Americans this spring....
LOS ANGELES (AP) -- The largest manufacturer of bump stocks, which allow semi-automatic weapons to fire rapidly like automatic firearms, announced Wednesday that it will stop taking orders and shut down its website next month....
MOSCOW (AP) -- Russian authorities are freezing up vast swathes of the country's online world in what critics call a heavy-handed - and so far unsuccessful - attempt to block a popular messaging app, Telegram....
WASHINGTON (AP) -- The Federal Reserve's latest survey of economic conditions around the country finds growing concern among businesses about the adverse impact higher tariffs could have on their firms and the overall economy....
BOISE, Idaho (AP) -- U.S. officials have approved two high-voltage transmission line routes in southwestern Idaho aimed at modernizing the Pacific Northwest's energy grid....
The manufacturer of bump stock devices like the ones used in the Las Vegas mass shooting last fall is shutting down its business....
MIAMI (AP) -- A survivor of a mass shooting that killed 17 at a Florida high school in February is calling for a boycott of two of what he says are the biggest investors in gun manufacturers: BlackRock and The Vanguard Group....
NEW YORK (AP) -- The lunchtime lines at Dos Toros move faster these days - customers don't fumble for bills or coins, and employees don't make change. Since around New Year's, the Mexican food chain has been cashless....
NEW YORK (AP) -- Amazon has cut a deal to sell voice-controlled TVs at Best Buy, the latest attempt by the online retailer to get its burgeoning suite of tech products out where people can see and touch them....
ALBUQUERQUE, N.M. (AP) -- A New Mexico bank executive who died on a Southwest Airlines flight was remembered Wednesday as a dedicated mother of two who helped others find jobs, volunteered around Albuquerque and brought often fractious sides together....
NEW YORK (AP) -- The lunchtime lines at Dos Toros move faster these days - customers don't fumble for bills or coins, and employees don't make change. Since around New Year's, the Mexican food chain has been cashless....
LONDON (AP) -- A U.K. coffee house chain has pledged to recycle as many disposable cups as it sells by 2020, trying to appease public anxiety over the increasing levels of waste in the world's oceans....
TEHRAN, Iran (AP) -- Iran's presidency has banned all government bodies from using foreign-based messaging apps to communicate with citizens, state media reported Wednesday, after economic protests organized through such apps shook the country earlier this year....
MILAN (AP) -- Eni CEO Claudio Descalzi says that the oil giant will invest 7 billion euros ($8.6 billion) in activities in its home country of Italy over the next four years....
NEW YORK (AP) -- The end is near for department store operator The Bon-Ton Stores....
NEW YORK (AP) -- Amazon has cut a deal to sell voice-controlled TVs at Best Buy, the latest attempt by the online retailer to get its burgeoning suite of tech products out where people can see and touch them....
ABU DHABI, United Arab Emirates (AP) -- Abu Dhabi will open a $1 billion indoor Warner Bros. amusement park this July, officials announced Wednesday, the latest offering in a crowded market in the United Arab Emirates where one marquee park already faces serious financial problems....
LONDON (AP) -- After decades of sidelining the Commonwealth as a relic of their imperial past, many in Britain are now promoting the group of ex-colonies as a ready-made market for what they hope to be the country's buccaneering global business spirit after the exit from the European Union....
LONDON (AP) -- Facebook is enhancing privacy safeguards for users around the world as it complies with new European rules designed to make it easier for consumers to give and withdraw consent for the use of their data....
LOS ANGELES (AP) -- Higher mortgage rates are making the already challenging task of buying an affordable home even tougher for many Americans this spring....
BEIJING (AP) -- Asian stock markets followed Wall Street higher Wednesday after Beijing added to a swelling trade dispute with Washington by hiking tariffs on U.S. sorghum....
TOKYO (AP) -- Japan's trade surplus with the U.S. grew nearly 6 percent in the fiscal year through March, the first increase in two years, according to data released Wednesday,...
SCHENECTADY, N.Y. (AP) -- Free food pantries are becoming nearly as common as the campus book store at a growing number of colleges....
WASHINGTON (AP) -- The GOP-led Senate voted Wednesday to block Obama-era guidance a consumer protection agency issued five years ago to help ensure lenders don't charge blacks and Hispanics higher interest rates on car loans....
BEIJING (AP) -- Asian stock markets followed Wall Street higher on Wednesday after Beijing added to a swelling trade dispute with Washington by hiking tariffs on U.S. sorghum....
PHILADELPHIA (AP) -- A preliminary examination of the blown jet engine of the Southwest Airlines plane that set off a terrifying chain of events and left a businesswoman hanging half outside a shattered window showed evidence of "metal fatigue," according to the National Transportation Safety Board....
WASHINGTON (AP) -- The Latest on the outage of the IRS payment website (all times local):...
LOS ANGELES (AP) -- Los Angeles should consider legal action against Waze over complaints that the traffic navigation app is recklessly guiding motorists off thoroughfares and into residential neighborhoods in search of shorter or quicker routes, a city council member said Tuesday....
PHILADELPHIA (AP) -- U.S. airline regulators said Wednesday they will order inspections on engine fan blades like the one that snapped off and triggered a fatal accident on a Southwest Airlines jet....
GENEVA (AP) -- The United States has told the World Trade Organization it has agreed to discuss with China the Trump administration's efforts to slap tariffs on steel, aluminum and an array of goods from China....
NEW YORK (AP) -- Starbucks, moving swiftly to confront a racially charged uproar over the arrest of two black men at one of its stores in Philadelphia, plans to close more than 8,000 U.S. stores for several hours next month to conduct racial-bias training for nearly 175,000 workers....
NEW YORK (AP) -- As the rebooted "Roseanne" continues to dominate the television landscape, research indicates that enthusiasm expressed for the show's initial success by President Donald Trump and Fox News Channel had an impact on its audience....
OMAHA, Neb. (AP) -- CSX's first-quarter profit nearly doubled thanks to further cost cuts at the railroad and a restructuring that weighed on its earnings a year ago....
NEW YORK (AP) -- Fox News Channel said Tuesday that it was as surprised as anyone to learn that Sean Hannity shared a lawyer with President Donald Trump but that its popular prime-time host "continues to have our full support."...
WASHINGTON (AP) -- The Supreme Court sounded concerned Tuesday about doing away with a rule that has meant shoppers don't always get charged sales tax when they hit "checkout" online....
WASHINGTON (AP) -- The Latest on the outage of the IRS payment website (all times local):...
PHILADELPHIA (AP) -- A Southwest Airlines jet apparently blew an engine at about 30,000 feet and got hit by shrapnel that smashed a window and damaged the fuselage Tuesday, killing a passenger and injuring seven others, authorities said....
Americans are getting an extra day to file their taxes after key elements of the IRS website crashed on deadline day....
WASHINGTON (AP) -- On Tax Day, President Donald Trump and a chorus of Republicans announced that Tuesday's filing deadline marked the last time that figuring out taxes will drive Americans crazy. Not so....
PHILADELPHIA (AP) -- The engine explosion aboard a Southwest Airlines jetliner puts new pressure on airlines and regulators to act faster to inspect fan blades like the one that snapped off and triggered an accident that killed a passenger....
REYKJAVIK, Iceland (AP) -- A whaling company in Iceland said Tuesday it is preparing its fleet to bring commercial hunting of fin whales back to the Nordic island nation after a two-year freeze....
Americans who waited until the last day to pay their taxes online got an unwelcome surprise: The IRS website to make payments and access other key services is down....
PHILADELPHIA (AP) -- A Southwest Airlines flight from New York's La Guardia Airport to Dallas made an emergency landing at Philadelphia's airport Tuesday with part of the covering from its left engine ripped off....
PALM BEACH, Fla. (AP) -- President Donald Trump said Tuesday that the U.S. and North Korea are holding direct talks at "extremely high levels" in preparation for a potential summit with North Korean leader Kim Jong Un....
WASHINGTON (AP) -- The Latest on arguments in a Supreme Court case about businesses' collection of sales tax on purchases made on the internet:...
WASHINGTON (AP) -- The International Monetary Fund warned Tuesday that rising trade tensions between the United States and China risk undermining a global economy that the IMF believes should otherwise grow solidly this year....
WASHINGTON (AP) -- U.S. factory output edged up a slight 0.1 percent in March, as strong production gains in motor vehicles and electronics were partially offset by declines in food and textiles....
WASHINGTON (AP) -- The International Monetary Fund has upgraded its economic outlook for the United States in 2018 and foresees a strong year for the global economy as well. But its chief economist warns that the prospect of an escalating trade conflict "threatens to undermine confidence and derail global growth prematurely."...
LONDON (AP) -- Cambridge Analytica's ex-CEO, Alexander Nix, has refused to testify before the U.K. Parliament's media committee, citing British authorities' investigation into his former company's alleged misuse of data from millions of Facebook accounts in political campaigns....
WASHINGTON (AP) -- U.S. builders broke ground on more apartment buildings last month, pushing up overall home construction 1.9 percent....
HONG KONG (AP) -- A massive Chinese infrastructure program that Beijing says is aimed at promoting global trade and economic growth is actually intended to expand the country's political influence and military presence, according to a report issued Tuesday....
LONDON (AP) -- Average wages in Britain are rising faster than prices for the first time in about a year, official figures showed Tuesday, a development that will likely fuel expectations that the Bank of England will raise interest rates again next month....
BEIJING (AP) -- China's economic growth held steady in the quarter ending in March amid a worsening trade dispute with U.S. President Donald Trump, buoyed by strong e-commerce and factory output....
HONG KONG (AP) -- Asian shares rose and oil prices touched fresh multi-year highs on Thursday as improving optimism about the global economy helped investors shake off worries about geopolitical risks for the moment....
HONG KONG (AP) -- Asian shares rose on Thursday as improving optimism about the global economy helped investors shake off worries about geopolitical risks for the moment....
NEW YORK (AP) -- Starbucks, trying to tamp down a racially charged uproar over the arrest of two black men at one of its stores in Philadelphia, plans to close more than 8,000 U.S. stores for several hours next month to conduct racial-bias training for nearly 175,000 workers....
NEW YORK (AP) -- Starbucks, moving swiftly to confront a racially charged uproar over the arrest of two black men at one of its stores in Philadelphia, plans to close more than 8,000 U.S. stores for several hours next month to conduct racial-bias training for nearly 175,000 workers....
MOSCOW (AP) -- The chief of the Russian communications watchdog acknowledged Wednesday that millions of unrelated IP addresses have been frozen in a so-far futile attempt to block a popular messaging app....
WASHINGTON (AP) -- The Supreme Court is hearing arguments about whether a rule it announced decades ago in a case involving a catalog retailer should still apply in the age of the internet....
WASHINGTON (AP) -- The Supreme Court sounded concerned Tuesday about doing away with a rule that has meant shoppers don't always get charged sales tax when they hit "checkout" online....
Inman News
New York Giants quarterback Eli Manning is moving on … from his New Jersey condo that is. And while his days of breaking records on the field may be nearing an end, he’s got a new record to boast about.
Kelle is a voice-activated interface that allows Keller Williams agents to access databases, company resources and goal-tracking technologies ...
The Bank of America digital mortgage experience, as the bank calls the tool, lets buyers apply for a mortgage through the Bank of America mobile app or on the bank's website.
Although it was once popular to put your face on a bus bench, times have changed -- and while this form of advertising still prevails in certain markets, most busy professionals care little about cheesy headshots and bus bench ads.
Agent lead tool Agentology raised $12 million in a funding round made public Tuesday, according to a report in TechCrunch. The venture firm Defy.vc led the round, and the firm's co-founder Trae Vassallo will join Agentology's board of directors.
Federal prosecutors investigating a hush payment made by President Donald Trump's embattled personal attorney to adult film star Stephanie Clifford could seize on so-called "Know Your Customer" regulations that require home equity loan applicants to accurately report the purpose of the credit line.
Sandoval is going to be talking about Lava Mae and its ripple effects in her keynote speech on Thursday, July 19, as part of the weeklong programming at Inman Connect San Francisco, July 17 through 20 at the Hilton San Francisco Union Square.
San Francisco is known for so many culinary delights, but the city’s seafood has to be near the top of that list. If you don’t often get to enjoy the fruits of coastal living -- and even if you do! -- then you’ll appreciate the impressive variety and quality of fish available to chefs as well as what those local chefs do with such prime ingredients.
Why doesn’t design as a practice and architecture in particular accommodate a number of viewpoints? What can be done to help create spaces -- both community spaces and homes -- that give every member of the family (and of society) a feeling of belonging? Cary will explain how design is deeply connected to dignity during his keynote speech.
At Inman’s Data / MLS Track, specialists in the ins and outs of MLS data will meet together to talk about some of the biggest topics floating around the industry and pin down what you need to know to move your MLS into the future so that you’re setting the trends, not just keeping apace with them.
Cynthia Adams is the co-founder of Pearl National Home Certification. Pearl is a software services company establishing a national standard for verifying and certifying the energy and performance assets of homes to increase property value and improve outcomes for real estate agents and their clients.
"Tech" is the buzzword of the moment for real estate agents. For some, it brings about great excitement for the future of our industry. For others, it brings fear about the ultimate demise of the agent's role in real estate.
Homebuyers have a lot to think about when considering their budget — including the annual cost of utilities, which averages $2,200 annually in the U.S. That’s a large amount of money that often seems set in stone due to the regulation of the power industry.
Real estate transactions are both emotional and complex. So in the charged real estate environment, you must familiarize yourself with the types of legal issues or claims that either buyers or sellers might file against you, as a real estate broker.
The idea, according to the company, is to encourage tourism to lesser-known parts of the world while also making sure the influx of visitors benefits those communities.
As a real estate agent and business owner, you have undoubtedly lied to yourself at some point. Maybe it was about your work ethic or your ability. We all tell ourselves a lie here and there.
U.S. homeowners paid an average of nearly $3,400 in property taxes in 2017, but if you are living in — or moving to — the New York City region, you could be paying nearly three times that or more, according to research by Attom Data Solutions, an Irvine, California, firm that assembles information on residential and commercial real estate.
In 2017, the median U.S. home sold in 81 days — down from 90 days in 2016 — with June being the quickest selling month as homes flew off the market in 73 days, including closing time.
Harbor will launch its tech platform this summer, which the company says will be the "first" to allow digital tokens to be attached to asset-backed securities, or "tokenized," while automatically complying with U.S. regulations.
There are many fans of what some call "real estate porn" — luxury homes with a one-of-a-kind design, extravagant features, sweeping landscapes and hefty price tags. Instagram is the perfect platform for this kind of content, and you'll find many real estate agents and enthusiasts alike building impressive followings based on these envy-inducing photos and the imagined lifestyle around them.
Last week Zillow announced that it is going into the business of fixing and flipping homes. Its stock price fell 7 percent that day.
Hurdlr raised $3.2 million in its first funding round as the business-tracking tool for freelancers develops a version tailored to real estate agents.
Do you have a sweet tooth, and are you wondering how to satiate it when you’re networking and learning this summer in San Francisco?
We recently had the opportunity to sit down with Keller Williams' Ashley Houseman to get her perspective on how she works with sellers in the southwest Florida market, how she develops the best pricing strategy for her clients, and what she does to drive referrals every day.
How is it possible to create such a paragon of positivity in a time like 2018, when sarcasm, incivility and outright division are so rampant? Mogharabi will share her thoughts about what it takes to manifest your happiness destiny as one of the keynote speakers at Inman Connect San Francisco; she’ll be taking the stage on Thursday, July 19, at 9 a.m. Her talk is one of many you’ll hear at the weeklong smorgasbord of learning and networking at Inman Connect San Francisco, July 17-20 at the
How can you stay on the leading edge of real estate marketing without sacrificing time and energy that should realistically be spent with your clients? And what if you’re trying to handle marketing all on your own, without any support staff or agency help?
The higher the offer, the better — for both you and your client. Unfortunately, a combination of optimism on the part of the seller and shrewd negotiating tactics on the part of the buyer (and their buyer's agent) make it unlikely that you’ll get your client’s asking price.
It was official. I had my real estate license, I had a vision, and I had a plan, but I didn’t have a clue. Opening the door and stepping into my new brokerage, all I could think was, “What now?”
A Miami real estate agent is returning to her original broker and firm, where she launched a successful career. What can both parties do to ensure a smooth and productive return to the office?