Market News/Feeds

Keeping you up to date on all the latest business and real estate news.

Associated Press

Administration does not brand China currency manipulator - Tuesday, October 17, 2017 - 3:57pm
WASHINGTON (AP) -- The Trump administration on Tuesday once again declined to label China a currency manipulator, even though Donald Trump repeatedly pledged during last year's presidential campaign that he would do so as soon as he took office....
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Airline delays and cancelations rise due to hurricane - Tuesday, October 17, 2017 - 3:51pm
WASHINGTON (AP) -- Partly because of Hurricane Harvey, which shut down both major Houston airports for several days, canceled flights surged and delays increased on U.S. airlines in August....
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Autonomous cars head for the Big Apple - Tuesday, October 17, 2017 - 3:42pm
DETROIT (AP) -- Autonomous vehicles are already navigating the verdant hills of Pittsburgh and the pitched avenues of San Francisco. They may soon be tested by the chaos of Manhattan, where pedestrians, taxis, buses and bikes embark daily on an eternal quest to avoid impact....
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Showrunner alleges sexual harassment by Bob Weinstein - Tuesday, October 17, 2017 - 2:40pm
NEW YORK (AP) -- Spike network is investigating reports of sexual harassment by the brother of disgraced film mogul Harvey Weinstein against the female showrunner of a series produced by The Weinstein Co. and aired on Spike....
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Head of Amazon Studios resigns after harassment charge - Tuesday, October 17, 2017 - 2:39pm
NEW YORK (AP) -- Amazon Studios says it has accepted the resignation of its top executive, Roy Price, following sexual harassment allegations made by a producer on the Amazon series "Man in the High Castle."...
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Gains by health care companies led U.S. stock indexes mostly higher Tuesday, pushing the market further into record territory....
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Administration does not brand China currency manipulator - Tuesday, October 17, 2017 - 2:00pm
WASHINGTON (AP) -- The Trump administration has once again declined to label China a currency manipulator, even though Donald Trump repeatedly pledged during last year's presidential campaign that he would do so as soon as he took office....
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Harvey Weinstein leaves the board of his film company - Tuesday, October 17, 2017 - 1:48pm
NEW YORK (AP) -- Harvey Weinstein is leaving the board of the film company he started, more than a week after the firm fired him following allegations of sexual harassment and rape....
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DA who dropped Weinstein case rethinking campaign donations - Tuesday, October 17, 2017 - 12:54pm
NEW YORK (AP) -- A furor over the Manhattan district attorney's decision to shut down a groping investigation of Harvey Weinstein two years ago is putting a spotlight on the DA's practice of taking campaign contributions from defense attorneys....
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DA who dropped Weinstein case rethinking campaign donations - Tuesday, October 17, 2017 - 12:43pm
NEW YORK (AP) -- The Manhattan district attorney who declined to charge Harvey Weinstein in a 2015 sexual abuse case says he will stop taking campaign contributions pending a review by an outside ethics group....
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Harvey Weinstein leaves the board of his film company - Tuesday, October 17, 2017 - 12:38pm
NEW YORK (AP) -- Harvey Weinstein is leaving the board of the film company he started, more than a week after the firm fired him following allegations of sexual harassment and rape....
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Grassley threatens Trump EPA nominees over biofuels mandate - Tuesday, October 17, 2017 - 11:38am
WASHINGTON (AP) -- A Republican senator says he may seek to block President Donald Trump's nominees for key posts at the Environmental Protection Agency unless the administration backs off a proposed reduction in the volume of biofuels blended into gasoline and diesel....
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Trump indicates Fed search down to 5 finalists - Tuesday, October 17, 2017 - 3:36pm
WASHINGTON (AP) -- President Donald Trump said Tuesday that he is likely to make his selection for the next Federal Reserve chairman from five candidates, a group that includes current Chair Janet Yellen....
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Senate moves ahead on GOP budget that's key to taxes - Tuesday, October 17, 2017 - 10:52am
WASHINGTON (AP) -- The Senate is moving ahead on a Republican budget plan, a critical step in President Donald Trump and the party's politically imperative drive to cut taxes and simplify the IRS code....
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Dems slam Arctic drilling plan as 'polar payout' to Big Oil - Tuesday, October 17, 2017 - 10:50am
WASHINGTON (AP) -- Democrats and environmental groups on Tuesday denounced a Republican plan to allow oil and gas drilling in Alaska's Arctic National Wildlife Refuge, saying it would defile a crown jewel of U.S. wilderness to promote oil exports to China and other nations....
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Key senators say they have outline of health insurance deal - Tuesday, October 17, 2017 - 10:18am
WASHINGTON (AP) -- Two leading senators said Tuesday they have the "basic outlines" of a bipartisan agreement to resume federal payments to health insurers that President Donald Trump has blocked. Both said in separate interviews that they still have unresolved issues but expressed optimism that a compromise was near....
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WASHINGTON (AP) -- Republican and Democratic senators joined in announcing a plan Tuesday aimed at stabilizing America's health insurance markets in the wake of President Donald Trump's order to terminate "Obamacare" subsidies. Trump himself spoke approvingly of the deal, but some conservatives denounced it as an insurance company bailout, making its future uncertain....
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Johnson & Johnson - Tuesday, October 17, 2017 - 8:34am
Higher spending across the board drove Johnson & Johnson's third-quarter profit down 12 percent, despite a big sales jump fueled by recent acquisitions, hot new cancer drugs and strong sales of other key medicines....
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UnitedHealth beats 3Q forecasts, helped by Optum growth - Tuesday, October 17, 2017 - 8:12am
UnitedHealth Group's third-quarter earnings soared 26 percent to beat Wall Street expectations as the nation's largest health insurer sold more coverage to retirees and continued to grow its business outside insurance....
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US homebuilder sentiment rises in October - Tuesday, October 17, 2017 - 7:47am
U.S. homebuilders are feeling more optimistic than they have in months, looking past a recent slowdown in new home sales and the risk of rising labor and materials costs following hurricanes Harvey and Irma....
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Airbus notches win over rival Boeing with Bombardier deal - Tuesday, October 17, 2017 - 7:23am
PARIS (AP) -- Airbus scored a point in its high-stakes rivalry with Boeing by striking a deal just across the U.S. border....
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Self-driving cars could ease traffic, but increase sprawl - Tuesday, October 17, 2017 - 7:18am
BOSTON (AP) -- A new study inspired by Boston's early experiments with self-driving cars finds that the technology could ease congestion, but might also lead to more cars on the road and further encourage urban sprawl....
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WASHINGTON (AP) -- U.S. industrial production rose a solid 0.3 percent in September, but the increase was limited due to the lingering damage from Hurricanes Harvey and Irma....
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Volvo's electric car brand Polestar unveils first model - Tuesday, October 17, 2017 - 3:49am
BEIJING (AP) -- Volvo Cars' performance electric car brand, Polestar, unveiled a four-seat coupe in lightweight carbon fiber as its first model Tuesday, adding to competition in a market dominated until now by Tesla....
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UK interest rates set to rise as inflation hits 3 percent - Tuesday, October 17, 2017 - 8:47am
LONDON (AP) -- Inflation in Britain is set to rise above 3 percent in the next month or two due to Brexit-related price increases, the Bank of England's governor warned Tuesday, reinforcing expectations that interest rates will soon rise for the first time in a decade....
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UnitedHealth Groups' third-quarter earnings soared 26 percent to beat Wall Street expectations as its growing Optum business segment once again helped the nation's largest health insurer....
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UK interest rates set to rise as inflation hits 3 percent - Tuesday, October 17, 2017 - 2:39am
LONDON (AP) -- Inflation in Britain has hit 3 percent for the first since early 2012, official figures showed Tuesday - a development that reinforces expectations that the Bank of England will raise interest rates next month for the first time in a decade....
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Australia rejects clean energy target for cheaper power - Tuesday, October 17, 2017 - 1:58am
CANBERRA, Australia (AP) -- The Australian government on Tuesday rejected a plan to generate 42 percent of the country's power from wind and solar energy, in a setback for compliance with climate change commitments...
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Greenpeace faults many tech giants for environment impact - Tuesday, October 17, 2017 - 1:52am
SEOUL, South Korea (AP) -- The environmental group Greenpeace issued a report on Tuesday giving technology titans including Samsung Electronics, Amazon and Huawei low marks for their environmental impact....
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US tech giants may find their future shaped by Europe - Tuesday, October 17, 2017 - 1:41am
LONDON (AP) -- Silicon Valley is a uniquely American creation, the product of an entrepreneurial spirit and no-holds-barred capitalism that now drives many aspects of modern life....
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Airbus shares jump on Bombardier deal, despite legal woes - Tuesday, October 17, 2017 - 1:04am
PARIS (AP) -- Airbus shares have risen thanks to an unusual no-cost deal with Canada's Bombardier that has angered U.S. rival Boeing....
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Greenpeace faults many tech giants for environment impact - Monday, October 16, 2017 - 9:51pm
SEOUL, South Korea (AP) -- The environmental group Greenpeace issued a report on Tuesday giving technology titans including Samsung Electronics, Amazon and Huawei low marks for their environmental impact....
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Self-driving cars could ease traffic, but increase sprawl - Monday, October 16, 2017 - 9:32pm
BOSTON (AP) -- A new study inspired by Boston's early experiments with self-driving cars finds that the technology could ease congestion, but might also lead to more cars on the road and further encourage urban sprawl....
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TORONTO (AP) -- Canadian plane maker Bombardier announced Monday it has sold a majority stake in its C Series passenger jet business to European aerospace giant Airbus for no cost....
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MILAN (AP) -- Lufthansa and Easy Jet are among seven airlines that made binding offers Monday to take over all or part of Alitalia, the Italian carrier that declared bankruptcy in May....
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SAN FRANCISCO (AP) -- Netflix is sinking deeper into debt in its relentless pursuit of more viewers, leaving the company little margin for error as it tries to build the world's biggest video subscription service....
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Source: Trump to meet with Yellen to discuss Fed job - Monday, October 16, 2017 - 2:41pm
WASHINGTON (AP) -- Federal Reserve Chair Janet Yellen will meet with President Donald Trump on Thursday to discuss the possibility of a second term as head of the central bank, a source familiar with the administration's Fed search said Monday....
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Source: Trump to meet with Yellen to discuss Fed job - Monday, October 16, 2017 - 2:01pm
WASHINGTON (AP) -- Federal Reserve Chair Janet Yellen will meet with President Donald Trump on Thursday to discuss the possibility of a second term as head of the central bank, a source familiar with the administration's Fed search said Monday....
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SAN FRANCISCO (AP) -- Netflix is sinking deeper into debt in its relentless pursuit of more viewers, leaving the company little margin for error as it tries to build the world's biggest video subscription service....
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Clarification: Ford Explorer-Fumes story - Monday, October 16, 2017 - 1:38pm
DETROIT (AP) -- AP is retransmitting this story from Oct. 13 on Ford offering to inspect and repair Explorer SUVs to remove a quotation that did not meet AP's news policies on the use of anonymous content....
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Pence holds economic talks with Japan ahead of Trump visit - Monday, October 16, 2017 - 12:29pm
WASHINGTON (AP) -- Vice President Mike Pence is meeting with Japan's deputy prime minister on economic issues ahead of President Donald Trump's trip to Asia next month....
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PORT ARTHUR, Texas (AP) -- The church was empty, except for the piano too heavy for one man to move. It had been 21 days since the greatest storm Wayne Christopher had ever seen dumped a year's worth of rain on his town, drowning this church where he was baptized, met his high school sweetheart and later married her....
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NEW YORK (AP) -- Facebook's effort to limit the spread of fake news using outside fact-checkers appears to be having an effect - though that finding comes with a major caveat....
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Security researchers have discovered a Wi-Fi network vulnerability that could allow attackers to steal sensitive information or spread malicious software while someone is logged into a computer or mobile device....
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NEW YORK (AP) -- The Weinstein Co., besieged by sexual harassment allegations against its namesake and co-founder, may be putting itself up for sale....
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Court agrees to take on US-Microsoft dispute over emails - Monday, October 16, 2017 - 10:11am
WASHINGTON (AP) -- The Supreme Court agreed Monday to take on a major dispute over the government's authority to force American technology companies to hand over emails and other digital information sought in criminal probes but stored outside the U.S....
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NICOSIA, Cyprus (AP) -- An official says work on an electric cable linking the power grids of Israel, Cyprus and Greece is on track to start in the first quarter of 2018 after Greek and Cypriot regulators approved the project....
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Lufthansa offers to take over bankrupt Alitalia - Monday, October 16, 2017 - 8:24am
MILAN (AP) -- German carrier Lufthansa on Monday said it had prepared an offer to buy the global, European and domestic business of Italy's bankrupt carrier Alitalia....
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LONDON (AP) -- U.K. Prime Minister Theresa May spoke directly with leaders of some of the European Union's biggest member states ahead of a meeting in Brussels aimed at unblocking negotiations on Britain's departure from the bloc....
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Nordstrom puts the hunt for a buyer on hold. - Monday, October 16, 2017 - 7:21am
NEW YORK (AP) -- Nordstrom is halting, at least temporarily, the hunt for a buyer, sending shares down sharply at the opening bell Monday....
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WASHINGTON (AP) -- The Supreme Court is intervening in a digital-age privacy dispute between the Trump administration and Microsoft over emails stored abroad....
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Survey: Manufacturing in New York accelerated in October - Monday, October 16, 2017 - 6:55am
WASHINGTON (AP) -- Manufacturing activity in New York picked up this month, expanding at the fastest pace in three years....
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Weinstein Co., overwhelmed by backlash, may be up for sale - Monday, October 16, 2017 - 10:01am
NEW YORK (AP) -- The Weinstein Co., besieged by sexual harassment allegations against its namesake and co-founder, may be putting itself up for sale....
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Supreme Court to consider American Express fee dispute - Monday, October 16, 2017 - 6:49am
WASHINGTON (AP) -- The Supreme Court is taking up an appeal by 11 states that argue American Express violated antitrust laws by barring merchants from asking customers to use other credit cards that charge lower fees....
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Nordstrom puts the hunt for a buyer on hold. - Monday, October 16, 2017 - 6:40am
NEW YORK (AP) -- Nordstrom is halting, at least temporarily, the search for a buyer....
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PORT ARTHUR, Texas (AP) -- The church was empty, except for the piano too heavy for one man to move. It had been 21 days since the greatest storm Wayne Christopher had ever seen dumped a year's worth of rain on his town, drowning this church where he was baptized, met his high school sweetheart and later married her....
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Survey: Manufacturing in New York accelerated in October - Monday, October 16, 2017 - 5:45am
WASHINGTON (AP) -- Manufacturing activity in New York picked up this month, expanding at the fastest pace in three years....
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PRAGUE (AP) -- The Czech Republic's capital has the hottest residential property market in Europe, and it's becoming a problem....
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BARCELONA, Spain (AP) -- A Monday morning deadline came and went without the president of the Catalonia region clarifying whether he had declared independence from Spain, and the Spanish government says he now has until Thursday to backtrack on any steps the region has taken toward secession....
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Populism again casts shadow over booming eurozone economy - Monday, October 16, 2017 - 8:14am
LONDON (AP) -- For months, the outlook for the eurozone economy has brightened thanks to a series of electoral defeats for political parties that were critical of the euro currency. Now, votes in Germany and Austria and uncertainty over the Spanish region of Catalonia are reviving concerns about the unity of the bloc....
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BARCELONA, Spain (AP) -- The Latest on the Spain-Catalonia political crisis (all times local):...
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WASHINGTON (AP) -- By slashing corporate tax rates, the Trump administration said Monday, the average U.S. household will get an estimated $4,000 more a year....
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WASHINGTON (AP) -- By slashing corporate tax rates, the Trump administration said Monday, the average U.S. household will get an estimated $4,000 more a year....
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US stock indexes mostly lower in midday trading; oil falls - Tuesday, October 17, 2017 - 8:55am
Industrial companies led U.S. stocks mostly lower in midday trading Monday as investors sized up the latest company earnings news. Packaged food and beverage companies were also among the big laggards. Health care companies posted some of the biggest gains. Oil prices were down, giving up early gains....
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Pope at UN demands response to hunger, climate, migration - Monday, October 16, 2017 - 1:44am
ROME (AP) -- Pope Francis is demanding world governments collectively work to end rising world hunger by working to end the conflicts and climate-change related disasters that force people to leave their homes in search of their daily bread....
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LONDON (AP) -- U.K. Prime Minister Theresa May will have a dinner meeting in Brussels with senior European Union officials on Monday, in hopes of reinvigorating stalled negotiations on Britain's departure from the European Union....
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TOKYO (AP) -- Sleepy? Hungry? Toyota will be highlighting an array of experimental technologies aimed at improving safety and anticipating drivers' desires at the Toyota Motor Show later this month....
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Global stocks mixed after Wall Street hits new highs - Tuesday, October 17, 2017 - 1:51am
BEIJING (AP) -- Global stocks were mixed Tuesday after Wall Street hit new highs, as China prepared to open a key political meeting....
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Inman News

Austin Realtor rebels win open board seats in election - Tuesday, October 17, 2017 - 3:27pm
In what's been a whirlwind few months for ABoR, members made their alliances clear at an election held today by voting in members of a rebel cause to all seven board seats that were up for grabs ...
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Augmented Reality and drones win NY real estate hackathon - Tuesday, October 17, 2017 - 1:05pm
Dozens of innovators in technology and real estate spent the weekend in a fourth-floor midtown Manhattan tech incubator to devise creative ways to tackle some of the biggest problems plaguing the real estate industry. ...
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You've already done a lot to become top-of-mind, but have you done what it takes to become top-of-search when people are looking for the real estate go-to in your area ...
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Realtor finds two dead bodies inside home for sale - Tuesday, October 17, 2017 - 10:06am
A 911 call placed by the unnamed Realtor detailed an encounter that no real estate agent ever wants to imagine: "I just walked in this house to preview it for a client and there's a dead person in the bathroom." ...
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Watch out Airbnb: Vacasa just raised $104M - Tuesday, October 17, 2017 - 6:00am
Eight years ago, Eric Breon and his wife inherited a little 480-square-foot cabin on the Washington coast. Nearby homeowners told them that they could expect to earn around $3,400 a year by renting out the property to vacationers looking to get a taste of the Pacific Northwest cottage life ...
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As a kid, at social gatherings, I'd always get a little annoyed when people would start asking my dad, the doctor, for medical advice ...
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Fall is the season for turning canceled listings to gold - Tuesday, October 17, 2017 - 2:30am
Bob Clarkson of Century 21 shares some of his best tips to prospect canceled listings. Clarkson has only been in the business for two years and has closed 57 transactions so far ...
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Any holiday is a great excuse to engage with clients. With Halloween right around the corner, here are seven clever real estate agent "tricks" that'll "treat" your clients to something fun! ...
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Purposeful, captivating content will not only separate your website from the agent down the street, but it also has the potential to attract tens of thousands of leads, convert those contacts into customers and keep your audience coming back to you for years to come ...
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Special Report: The new agent’s technology playbook - Tuesday, October 17, 2017 - 2:00am
Launching a real estate career is not for the faint of heart, but in 2017 it could be a career match made in heaven for the tech smart, according to Inman’s latest survey results. Combined with a strategic approach, the ever-improving suite of tools at real estate agents’ disposal has the potential to level the playing field between tech-savvy rookies and seasoned veterans slow to change ...
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Redfin Mortgage expands to Illinois, eyes Virginia - Monday, October 16, 2017 - 4:57pm
Redfin announced today that it is now offering loans to homebuyers in Illinois through its lending arm, Redfin Mortgage. The Seattle-based tech-powered brokerage also plans to expand Redfin Mortgage into Virginia later this year, with more markets to come in 2018.  ...
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Lone Wolf Real Estate Technologies, an almost 30-year-old company that provides software products to help real estate agents market, track finances and manage documents, announced today that it has acquired competitor Instanet Solutions, an end-to-end digital transaction management software company ...
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Coming soon: Airbnb-branded apartments - Monday, October 16, 2017 - 3:14pm
After years of butting heads with local zoning officials, landlords and rental property owners, Airbnb may have found a solution to its short-term rental woes: opening up an Airbnb-branded apartment where tenants will be allowed to sublet their spaces up to 180 days per year ...
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My top 10 Inman Connect moments - Monday, October 16, 2017 - 2:35pm
Those who attend Inman Connect know there's no shortage of unique networking opportunities, brilliant mentors and poignant presentations. Every attendee leaves with a booklet full of notes and a mind full of fresh ideas, ready to uplift their own teams and elevate their business back home ...
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One week later, California is still on fire - Monday, October 16, 2017 - 2:14pm
Real estate community gets to work giving clients the support they need -- both practical and emotional -- amid the destruction. ...
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Zillow expands solar energy scores to 84 million homes - Monday, October 16, 2017 - 1:08pm
Zillow is introducing the idea of rooftop solar to millions of consumers and real estate professionals who might otherwise be unaware of its value. ...
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Most MLSs ‘not sure’ if they’ll work with Upstream - Monday, October 16, 2017 - 11:00am
The vast majority of MLSs either need more information about the project before giving their support or flat-out aren't interested in participating ...
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Rent or buy? Top cities for owning, renting and sharing - Monday, October 16, 2017 - 9:03am
In today's market, renters and buyers often find themselves in the same boat, wading through issues with availability and affordability in their respective markets. This uncertain real estate environment leads to the question renters inevitably find themselves asking: "Is it financially smart to jump into homeownership, or should I stay where I am?" ...
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With a big open house coming up, Sally Agent put an eye-catching ad in the paper, readied her open house signs and flags and hoped that people would see her static advertising and show up ...
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Future-proof your business at Inman Connect 2018 - Monday, October 16, 2017 - 3:00am
Over 4,000 industry professionals will gather at Inman Connect 2018 this coming January 22-26, at the Marriott Marquis in Times Square ...
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HouseCanary's Agile Appraisal is a web-based platform for real estate appraisals that is ideal for appraisers, lenders and real estate investors ...
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12 basic rules of online marketing - Monday, October 16, 2017 - 2:55am
In today’s ever-changing, digital marketing landscape, you have to have an online presence, or you’ll get passed by ...
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First impressions are critical in real estate. You only get one shot to impress sellers enough to hire you and one chance to put the home on the market ...
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Real estate success strategies are just one of the topics to cover during daily huddles. Do you know what else to include in huddles to ensure they deliver value and aren’t a waste of agents’ time ...
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Spraying your message high and wide does not breed online marketing success; rather, standout results emerge when you pair smart, strategic decisions with the right tools ...
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