This week is all about housing data. Yesterday we got the latest homebuilder sentiment index, which was a disappointment, although not quite as bad when you looked under the hood.Today, February housing starts.Here’s a 10-second preview form Nomura:Building permits increased by 1.6% in January and, according to the Census Bureau, a building permit results in [...] [...]
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Rob Wile | Mar. 19, 2012, 10:14 PM | 4,419 | Please follow Money Game on Twitter and Facebook.Follow Rob Wile on Twitter. x To embed this post, copy the code below and paste into your website or blog. Social BookmarkingCheck more:IN: M3 Money Supply: 17.100 % [...] Microsoft will finish work on its newest operating system in the summer, setting itself up for an October release, reports Bloomberg.The OS will land on PCs and tablets alike that make use of Intel or ARM chips, fulfilling the software company’s promise to support both standards.Why the push to make the delivery in this time [...] [...] Sam Ro | Mar. 20, 2012, 12:09 AM | 3,408 | Ian Ashby, President of Iron Ore for BHP Billiton just gave a presentation at the AJM Global Iron Ore & Steel Forecast Conference in Australia.And investors weren’t too thrilled to hear what he had to say about China.From The Sydney Morning Herald:“Growth is going [...] [...] Our editor Steve Kovach was the first in the office to point out that the new iPad seems to run hotter than its predecessors, and now Tweakers.net confirms it by pointing an infrared camera at the device.In the heat-sensitive image to the right, two iPads are sitting next to each other — the iPad 2 is [...] [...] APIf you’re just maybe starting to pay attention to the French Presidential election — which could see Nicolas Sarkozy ousted from power — you could do a lot worse than to read this interview with the current frontrunner François Hollande in German newspaper Der Spiegel. Hollande is leading in the polls, but so far, German [...] [...] APAnar Gul gestures to the body of her grandchild, who was allegedly killed by a U.S. service member in Panjwai, Kandahar province south of Kabul, Afghanistan, Sunday, March. 11, 2012. BALANDI, Afghanistan (AP) — An American soldier opened fire on villagers near his base in southern Afghanistan Sunday and killed 16 civilians, according to President [...] [...] Kiyoshi Ota/Getty ImagesA man looks at an electronic board displaying the current Nikkei share average.Monday kicks off another busy week with market moving announcements primarily overseas. Major releases are scheduled for Germany, Japan, and Denmark. Here’s what you need to know.Japan starts things off at 7:50 p.m. EST on Sunday evening with a reading of [...] [...] When Tamer Abdel-Azim tried to cancel his two-night reservation at the Sheraton Phoenix Downtown Hotel recently, the property happily obliged. Then it charged his credit card a cancellation penalty of $430 – the full amount of his stay.“I really need your help,” he wrote.Then he sent me his confirmation. At the bottom, there was this little [...] [...] Apple’s strategy of aligning the iPhone with a single mobile carrier appears to have backfired in China, where Samsung has opened up a huge smartphone market-share lead. According to Bloomberg, the iPhone has a 7.5% share of China’s smartphone sales, while Samsung has a 24.3% share.This share makes Apple the 5th largest smartphone seller in [...] [...] GetttyNouriel Roubini and his frequent partner Ian Bremmer sat down for an interview with Foreign Policy discussing a range of geopolitical and economic issues.Not surprisingly, Roubini is still skeptical of the US recovery, noting that some numbers, such as durable goods orders have come in soft lately. Europe is still a slow-motion train wreck, though [...] [...] They just released the bracket for the NCAA Tournament. Kentucky is your No. 1 overall seed.Here are the top four teams in each region:South: Kentucky, Duke, Baylor, IndianaEast: Syracuse, Ohio State, Florida State, WisconsinWest: Michigan State, Missouri, Marquette, LouisvilleMidwest: North Carolina, Kansas, Georgetown, MichiganAt first glance, the South looks pretty stacked while the Midwest is [...] [...] Please follow Money Game on Twitter and Facebook. Follow Joe Weisenthal on Twitter. Ask Joe A Question > x To embed this post, copy the code below and paste into your website or blog. Social BookmarkingCheck more:Little Movement Expected For Taiwan Stock MarketIndonesia Stock Market May Find Support On TuesdayChina Stock Market May Extend ReboundFurther [...] [...] Sam Ro | Mar. 12, 2012, 1:44 AM | 259 | On Friday, the Census Bureau told us that the U.S. trade deficit swelled to $52.6 billion in January, from $48.8 billion in December. Economists were looking for the deficit to widen to $49.0 billion.Jim O’Neill, Chairman of Goldman Sachs Asset Management, notes that while [...] [...] All New Yorkers of child-bearing age will at some point ask themselves, “How much money will it take to raise my kids in New York?” One StreetEasy user has taken to the message boards to ask whether his and his girlfriend’s combined $400,000 income would be enough for a family of four to live “comfortably…somewhere below Harlem….Or [...] [...] BANGKOK (AP) — Asian stock markets fell Monday after China’s trade figures underlined a slowdown in the world’s No. 2 economy. Benchmark oil remained above $106 per barrel while the dollar rose against the euro but fell against the yen.Lackluster trade figures from China, suggesting that demand for Chinese goods was being hit by Europe’s [...] [...] These numbers are from a recent Gallup poll:That’s right. Americans are way more concerned about foreign holdings of US debt than they are about the prospect of war in Iran.There’s a lot of hype about China holding our debt and whatnot, but it’s all based on a misconception that somehow foreign holders of US Treasuries [...] [...] Egypt.It’s been the hottest stock market in the world, gaining over 40% in the first couple months of the year.Anyway, it’s finally experiencing the phenomenon known as gravity.The EGX 30 Price Return Index is off 1% today, following a 1.9% drop yesterday. In fact, it’s fallen every day since Wednesday.As you can see in the [...] [...] TurntableSouth by Southwest is cluttered with startups, tech influencers, and entrepreneurs who are promoting their brands.Here are some cool ways they’re pushing their products.Please follow SAI on Twitter and Facebook. Follow Alyson Shontell on Twitter. Ask Alyson A Question > x To embed this post, copy the code below and paste into your website or [...] [...] Goldman economist Jan Hatzius is out with his latest Economic View note titled More Progress, which offers a fairly positive assessment on the direction of the economy, specifically the labor market.Hatzius hints at further upward revisions to the Non-Farm Payrolls number, and he notes that once again, there was good strength in the “Sand States” [...] [...] This is something that Goldman’s Jan Hatzius has been banging the drum on: The rapidly falling unemployment rates in the so-called ‘sand states’ like Nevada. The latest number out this morning: For January, unemployment fell to 12.7% from 13% in March.Those numbers are enormous, but they’re also big gains.And apparently Nevada was particularly strong in [...] [...] Robby and Bart Stein cofounded mobile app Stamped last year.Today we grabbed lunch with Robby and Bart Stein. The pair of ex-Googlers (same last name, no relation) founded Stamped last year.Stamped is a mobile app that’s like a more social Yelp. Users can rate places and things and share reviews with friends.Last night while staying [...] [...] Sam Ro | Mar. 12, 2012, 1:10 AM | 635 | The debt-laden, controversial, American-made clothing chain reportedly has a new financial backer to bail it out: George Soros. From the New York Post’s James Covert:The billionaire octogenarian — who, like American Apparel’s controversial CEO Dov Charney, has lately been entangled in lawsuits with young, [...] [...] It’s a somewhat quite start to the week, but mostly the tone is negative. US futures are in the red (modestly), after selling in Asia and declining markets in Europe.Nothing too dramatic is going on.Italy’s FTSE MIB is off 0.5%. France is off 0.39%. The Shanghai market fell 0.2% after China clocked in with a [...] [...] Three attorneys have come up with a way for consumers to lend to their favorite small biz and have a real stake in their community. Smallknot connects shoppers with local mom-and-pops in need of a smallish loan using a model that’s part crowdfunding à la Kickstarter and microfinancing used on Kiva. It’s social lending, but with a twist: Whereas most [...] [...] DraftFCBTo promote the launch of Mass Effect 3, in which gamers must (again) save Earth from alien attackers, Electronic Arts hired ad agency DraftFCB to make a live-action trailer for the launch. The ad shows San Francisco, Vatican City and parts of China being destroyed by spaceships as humans panic helplessly in the streets. It’s [...] [...] Athletic dominance isn’t just about winning and losing.It’s about magnitude — how badly you beat someone, how many points you score, and how much better you are than the average opponent.We, as fans, are drawn to dominance. That’s why LeBron James lives under such a tight microscope, and why everyone still roots for Tiger Woods [...] [...] This post originally appeared at Hassle-Free Savings.Even novice couponers know the best source for grocery-store discounts (the Sunday circular) and have the smarts to time their shopping trips around a sale. However, unless you’re an extreme saver with surplus storage space for toothpaste and toilet paper, you may not be aware of many discounts crossing [...] [...] |
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