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Fannie and Freddie: REO inventory declined in Q4, Down 17% Year-over-year

FANNIE AND FREDDIE: REO INVENTORY DECLINED IN Q4, DOWN 17% YEAR-OVER-YEAR

Fannie and Freddie earlier reported results last week for Q4 2019. Here is some information on Real Estate Owned . Freddie Mac reported...

A top Chinese official has slammed other countries for the 'overreaction' and 'unnecessary panic' towards the coronavirus

A TOP CHINESE OFFICIAL HAS SLAMMED OTHER COUNTRIES FOR THE 'OVERREACTION' AND 'UNNECESSARY PANIC' TOWARDS THE CORONAVIRUS

Chinese Foreign Minister and State Councillor Wang Yi advised against the US from taking "unnecessary" coronavirus response actions...

 
 
 
More than 64,000 infected, GDP cuts, and SARS parallels: Here's how bad the global economy could get as the coronavirus outbreak rages

MORE THAN 64,000 INFECTED, GDP CUTS, AND SARS PARALLELS: HERE'S HOW BAD THE GLOBAL ECONOMY COULD GET AS THE CORONAVIRUS OUTBREAK RAGES

Coronavirus has infected 64,000 and killed 1,380 so far. And as the health crisis worsens, it's become increasingly clear that the...

China's economy is expected to slow to worst pace since financial crisis as coronavirus spreads

CHINA'S ECONOMY IS EXPECTED TO SLOW TO WORST PACE SINCE FINANCIAL CRISIS AS CORONAVIRUS SPREADS

Thomas Peter/Reuters A deadly viral outbreak is dragging on activity in China and throughout the world. That could drag the second-largest...

 
 
 
I'm getting married in Kauai - thanks to credit card sign-up bonuses, I'm able to cover my family's flights with points

I'M GETTING MARRIED IN KAUAI - THANKS TO CREDIT CARD SIGN-UP BONUSES, I'M ABLE TO COVER MY FAMILY'S FLIGHTS WITH POINTS

My fiancé and I are getting married in Kauai, and we're saving on travel costs by booking flights on points. We transferred Ultimate...

Consumer sentiment hits highest level since 2018 despite coronavirus outbreak

CONSUMER SENTIMENT HITS HIGHEST LEVEL SINCE 2018 DESPITE CORONAVIRUS OUTBREAK

Brendan McDermid/Reuters American consumers were increasingly optimistic about the economy this month despite a deadly viral outbreak. The...

 
 
 
As the US budget deficit barrels toward $1 trillion, the White House doubles down on claim that tax cuts will 'pay for themselves'

AS THE US BUDGET DEFICIT BARRELS TOWARD $1 TRILLION, THE WHITE HOUSE DOUBLES DOWN ON CLAIM THAT TAX CUTS WILL 'PAY FOR THEMSELVES'

Evan Vucci/AP The Congressional Budget Office projected that the federal deficit would surpass $1 trillion this year for the first...

Amazon's annual filing shows it loaded up on private company stock while scaling back acquisitions last year - a change that could help as regulatory scrutiny grows

AMAZON'S ANNUAL FILING SHOWS IT LOADED UP ON PRIVATE COMPANY STOCK WHILE SCALING BACK ACQUISITIONS LAST YEAR - A CHANGE THAT COULD HELP AS REGULATORY SCRUTINY GROWS

Amazon spent roughly $2.2 billion in cash on minority investments last year, nearly quadrupling from the year-ago period, according...

 
 
 
Cleveland Fed: Key Measures Show Inflation Above 2% YoY in January, Core PCE below 2%

CLEVELAND FED: KEY MEASURES SHOW INFLATION ABOVE 2% YOY IN JANUARY, CORE PCE BELOW 2%

The Cleveland Fed released the median CPI and the trimmed-mean CPI this morning: According to the Federal Reserve Bank of Cleveland,...

Autograph Collection Hotels Introduces The Ben, The First Waterfront Hotel in Downtown West Palm Beach

AUTOGRAPH COLLECTION HOTELS INTRODUCES THE BEN, THE FIRST WATERFRONT HOTEL IN DOWNTOWN WEST PALM BEACH

Owned and operated by Concord Hospitality, an award-winning hotel development and management company, The Ben is located at 251 N....

 
 
 
The Number Of Coronavirus Cases Has Just Exploded, And Many Fear That The Worst Is Yet To Come

THE NUMBER OF CORONAVIRUS CASES HAS JUST EXPLODED, AND MANY FEAR THAT THE WORST IS YET TO COME

Just as the mainstream media was starting to speculate that China could be getting this outbreak under control, a dramatic spike in...

Accor sets to expand its footprint in Ethiopia

ACCOR SETS TO EXPAND ITS FOOTPRINT IN ETHIOPIA

Accor is expanding its presence in Ethiopia after signing a management agreement to open a new property under its design-led economy...

 
 
 
Lyft opens 'pit stop' driver center in San Diego following $100M investment

LYFT OPENS 'PIT STOP' DRIVER CENTER IN SAN DIEGO FOLLOWING $100M INVESTMENT

SAN DIEGO - Lyft drivers are about to get a new perk in San Diego, where the ride-hailing giant has opened a large facility for its...

US budget deficit jumps in January, putting it on track to hit $1 trillion for first time since 2012

US BUDGET DEFICIT JUMPS IN JANUARY, PUTTING IT ON TRACK TO HIT $1 TRILLION FOR FIRST TIME SINCE 2012

Reuters/Joshua Roberts The US budget deficit swelled at the beginning of 2020 even as the economy continued to grow at a steady pace. The...

 
 
 
Trump's budget director refused to say under congressional questioning whether jobs were created under Obama

TRUMP'S BUDGET DIRECTOR REFUSED TO SAY UNDER CONGRESSIONAL QUESTIONING WHETHER JOBS WERE CREATED UNDER OBAMA

REUTERS/Yuri Gripas Trump's budget chief Russell Vought refused to say under congressional questioning whether President Barack Obama...

The coronavirus outbreak is expected to cost the US travel industry at least $5.8 billion this year

THE CORONAVIRUS OUTBREAK IS EXPECTED TO COST THE US TRAVEL INDUSTRY AT LEAST $5.8 BILLION THIS YEAR

A deadly viral outbreak in China has led to a wave of travel and commerce restrictions between the two largest economies. The disruptions...

 
 
 
Goldman Sachs: Investors expect to pull $20 billion from hedge funds in 2020

GOLDMAN SACHS: INVESTORS EXPECT TO PULL $20 BILLION FROM HEDGE FUNDS IN 2020

Xinhua/Wang Ying/Getty Images Investors expect to pull about $20 billion from hedge funds this year, according to a study from Goldman...

Battery Ventures partner Chelsea Stoner explains why she looks for startups that can't be reached by a direct flight as her firm announces a new $2B fund

BATTERY VENTURES PARTNER CHELSEA STONER EXPLAINS WHY SHE LOOKS FOR STARTUPS THAT CAN'T BE REACHED BY A DIRECT FLIGHT AS HER FIRM ANNOUNCES A NEW $2B FUND

Battery Ventures, a legacy tech VC firm , announced its latest $2 billion fund, the largest amount it's ever raised. The firm's new...

 
 
 
Ex-Goldman CEO Lloyd Blankfein laid into Bernie Sanders after his New Hampshire win, saying he'll wreck the economy and let Russia 'screw up the US'

EX-GOLDMAN CEO LLOYD BLANKFEIN LAID INTO BERNIE SANDERS AFTER HIS NEW HAMPSHIRE WIN, SAYING HE'LL WRECK THE ECONOMY AND LET RUSSIA 'SCREW UP THE US'

The former chief executive of Goldman Sachs, Lloyd Blankfein, took to Twitter on Tuesday to warn Democrats that Bernie Sanders is "just...

Global travel impacted significantly with corona virus threat

GLOBAL TRAVEL IMPACTED SIGNIFICANTLY WITH CORONA VIRUS THREAT

2020 could have proved to be a good year for global tourism, with trade tensions gradually easing, few economies growing and mega events...