Money

Case Shiller: Chicago Home Prices Gaining More Momentum

Still, home-price appreciation continues throughout much of the United States, David M. Blitzer, managing director and chairman of the Index Committee at S&P Dow Jones Indices , said in a statement. Zillow Chief Economist Svenja Gudell said there are some "imbalances" in the housing market that are revealed in this month's report. A lot is going right in the USA housing market right now: Mortgage rates are low, job creation is strong, unemployment is low.

Twitter stock falls 10% on weak sales

For Q3, the company expects revenue of $590 to $610 million, far below the consensus of $678 million. Analysts polled by Thomson Reuters expected earnings of $0.10 per share for the quarter. In the global markets, we expect this number to increase from around 250 million in 2016 to around 315 million by the end of our forecast period. Twitter is working to make its service more appealing to a wider group of people after several quarters of stagnant user growth.

Maine's jobless rate rises slightly in June

This month Ohio's average unemployment rate came down from 5.1 percent in May to 5 percent in June. Charleston County had the state's lowest rate in June, 4.6 percent. Total employment countywide dropped to 11,578 in June, from 11,647 people in May. The unemployment rate for Cuyahoga Falls rose to 4.6 percent in June, up from 4.3 percent in May and 4.3 percent a year ago.

Dollar falls after Reserve Bank signals rates cut likely

The findings, from nationwide surveying by Horizon Research, showed another 21% of definite investors said they would delay buying; 34% would still buy and 24% were unsure. Weston said there's a "good chance" the RBNZ will cut again on November 10, the next MPS following the review in August. The U.S. dollar index, which measures the greenback's strength against a trade-weighted basket of six major currencies, was down 0.08% at 97.08, still close to the previous session's four-month high of ...

Pokemon GO augmented reality game finally rolls out in Germany

The app's update has made Germany as the fourth country to receive the official application, according to Androidpolice.com, on Thursday, July 14, 2016 . Nintendo was late to mobile gaming, but the success of the free-to-play game (which has in-app purchases) has cheered investors. It uses the Global Positioning System capabilities of your device in conjunction with Google Maps to "place" creatures in real world locations, which you then try to find them using your device as a guide.

United States sues to block 2 major healthcare mergers

Aetna and Humana said in a statement that they will "vigorously" fight to complete their deal. The lawsuit, which was filed today in federal court in Washington , D.C.by the Department of Justice, New York , ten other states, and the District of Columbia, seeks a court order halting the merger between the two companies.

Enbridge agrees to $177M settlement with US over 2010 oil spills

The settlement requires the Canadian company to pay a $ 61 million penalty, the second-largest ever imposed for violations of the Clean Water Act. The state is in the early stages of preparing an Environmental Impact Statement for both Line 3 and the Sandpiper pipeline, which Enbridge has proposed to carry 225,000 barrels of oil per day from the Bakken region of North Dakota to Clearbrook, Minn.

Covered California proposes 13 percent premium increase

Blue Shield of California led the way with a 19 percent average increase statewide, said Peter Lee, executive director of the exchange. "That's the power of shopping". The cost increases for 2015 and 2015, by contrast, were about 4 percent. "We have a competitive marketplace", Lee said. While the law has improved care for millions of Americans - for example, insurance companies can no longer set lifetime limits on care or exclude anyone because of a preexisting condition - it contains few ...

SoftBank Agrees To Buy ARM Holdings For More Than $30 Bln

But the acquisition of ARM would place the company in a market where it would be an upstream supplier to some of the biggest names in the tech industry as licensees of ARM's designs like Qualcomm gear up to supply chips to the the connected devices market.

China Trade Still Sluggish

Meanwhile, imports decreased 2.3 percent compared to the 1.2 percent drop expected by economists. He said downward pressure on the world's second largest economy remained "relatively large". However China disagrees, saying that keeping export duties on certain products " is consistent with WTO rules and in place as part of China's efforts to step up environmental protection.

Attorney: Volkswagen believes some vehicles can be fixed

Attorneys for Volkswagen are due in federal court, and the judge overseeing hundreds of class-action lawsuits against the company is expecting an answer about how it plans to bring almost 600,000 diesel cars into compliance with clean air laws.

Lyft Launches 'Premier' Option For Those Who Want A Classier Ride

Today, Lyft is launching Premier Mode, a more luxurious way to reach your destination that uses higher-end cars such as the Audi A4 or Lexus ES. Months later, the program was shuttered, with some drivers upset , claiming they were left holding the $34,000 bill to get "tricked-out" Lyft-branded Ford Explorers.

How Will the 'Brexit' Impact Reverse Mortgages?

Mortgage giant Freddie Mac says the average 30-year fixed rate mortgage fell to 3.41 per cent from 3.48 per cent a week ago. There's now a lot of talk about mortgage rates falling as a result of Brexit, but there's no guarantee - and there's certainly no telling how long those lower deals may last for.

Competition Gets "Primed" Ahead of Amazon's 2016 Prime Day

Today, July 6, Amazon is offering up fantastic video discounts, like 60% off Hunger Games: Mockingjay Part 2 and 55% off The Intern - read on to find out how you can benefit from these savings and find out about more deals - and remember, you only have today to shop these entertainment sales.

Porsche Panamera Breaks Nurburgring Record

The second generation Panamera engine produces more power, while also improving on fuel economy and reducing emissions. Powered by a twin-turbo 4.0-liter V8 with 550 horsepower, the latter variant recently set a new Nurburgring record for production luxury sedans.

Azerbaijani suspect of Istanbul airport attack identified

Ankara has pointed blame at the Islamic State group for Tuesday's gun and suicide bomb rampage at Ataturk global airport. All flights at Istanbul's Ataturk worldwide airport were suspended on June 28, 2016 after a suicide attack left at least 10 people dead and 20 others wounded, Turkish television stations reported.

South African Journalists Suspended over SABC Decision not to Cover Protests

Last week, three SABC journalists were suspended for questioning an SABC mismanagement decision banning coverage of the Right2Know campaign's protest planned outside the public broadcaster's offices in Johannesburg and Cape Town. SABC has justified the censorship by saying that Zuma "deserves a certain degree of respect as president of the country", according to Afrikaans newspaper Rapport .

Kejriwals Gujarat hosts cancel meeting, AAP alleges state govt pressured them

They have only one hope, that is AAP", the Delhi Chief Minister said. Next day, Mr Kejriwal will participate in events in Gurdaspur and also in an programme of christians. Association president Jay Lal denied any political pressure. The Gujarat BJP has accused AAP of spreading "falsehood". In the next couple of months, AAP will hold a massive rally in Gujarat, which will be addressed by Kejriwal.

Wage hike just a bad step for nation's capital

On October 1 this year, the minimum will rise by a dollar to $12.20 per hours. That is the next step in the NDP government's plan to boost the minimum wage to $15 by 2018. More than half of these earners are under 25 years of age. Stuart Waldman, president of the Valley Industry and Commerce Association, said the multiple minimum wage laws going into effect throughout the county and the state can be confusing for businesses, and is "causing quite a bit of consternation" among employers.

GE Wins Regulatory Approval to Shed Too-Big-to-Fail Label

By losing the SIFI title, GE Capital will no longer be saddled with the rigorous regulation and extra capital requirements meant to prevent big institutions from wrecking the whole economy (again). Lew said. The fact it came earlier than expected could give GE Capital some upside flexibility on its $18 billion dividend guidance for this year and provides a bit more flexibility on industrial balance sheet leverage.

Colts Sign Luck Through 2021

Irsay said there was never any doubt in their minds that Luck would be the highest-paid player in National Football League history. In a team-issued release not long after, Irsay said: "This is an exciting day for the organization and Colts fans around the globe".

Assembly passes measure requiring pension payments quarterly

If Christie and both houses of the legislature can't come to a consensus before Friday, the Trust Fund will go bankrupt and work on the state's roads and bridges will come to a halt while they hash out a compromise. Christie's five-year transportation funding plan, announced in 2011, is set to expire when the fiscal year ends. The Senate voted 28-11 for what would be the largest spending plan in state history.

Diet Pepsi with aspartame returning to shelves in US

The new version of the drink will start going on sale in September . PepsiCo, struggling to cope with plunging sales and unpredictable consumers, is bringing back its old Diet Pepsi formula less than a year after phasing it out. Although the U.S. Food and Drug Administration vouches for aspartame's safety, some studies have flagged health concerns and internet reports tie the controversial sweetener to everything from cancer to autism.

Barclays, RBS shares suspended amid Brexit crash

European travel shares also declined sharply, with easyJet PLC falling 23% after the company warned on profit following the referendum. The next biggest decliners were the USA -listed shares of Royal Bank of Scotland Group PLC ( RBS .LN), which plummeted 20% toward the lowest price seen since January 26, 2009, and Lloyds Banking Group PLC ( LLOY .LN), which plummeted 17% toward the lowest level seen since November 16, 2012.

Brexit vote means Fed stays put

In the medium term, the post-Brexit market turmoil could delay a rate increase, while in the longer term, secondhand effects could bleed into US economic data. A top Federal Reserve policymaker said on Thursday he is not advocating for interest rate hikes at this point and instead wants to "show more patience" waiting for the USA economy to show clearer signs of improvement.

Macy's Terry Lundgren To Step Down As CEO Next Year

Besides its namesake stores, Macy's owns upscale department store Bloomingdales and makeup seller Bluemercury. Macy's has had a hard time in recent years as consumers shifted their spending toward experiences versus apparel. FILE - In this Friday, May 20, 2011, file photo, Macy's Inc. After deciding against a spinoff of its properties, it has also hired advisers to explore strategic options for its flagship stores and real estate portfolio.

VW to pay near $10.2B to settle emissions claims

The person didn't want to be identified because a federal judge has issued a gag order in the case. The company confirmed in April that it had reached a sweeping settlement with USA and California regulators and a class-action group of consumers over almost 500,000 2-liter diesel cars that were rigged to dodge emissions tests.

Mega Millions lottery jackpot reaches $333 million

Mega Millions no longer holds the record for the biggest jackpots ever awarded by a U.S. lottery. Friday's jackpot is the game's highest since March 2014 when it was $414 million. Three people shared that jackpot, which was won March 30, 2012. For an additional $1 per play, players have the opportunity to add a "Megaplier" that can multiply non- jackpot prizes by up to five times.

Russia Rosneft Stake Sale: Putin Prefers China-India Joint Venture

Rosneft Oil Company holds about 85% shares while ONGC Videsh, through its subsidiary holds about 15% shares in JSC Vankorneft. The current market cap of the company is Rs. The two sides are now in the process of gaining approvals for the deal, he said. The Russian firm had been in discussions for this deal, as well as several others, for almost a year before making the announcement last week.

FAA Rules to Clear Way for Routine Commercial Drone Flights

The FAA has permitted commercial drone operations - those conducted for hire, as opposed to recreational flights by hobbyists who don't need a license - since September 2014 under a case-by-caseexemption process ordered by Congress. Up until now, the FAA has issued special exemptions to people wanting to operate drones commercially-called Section 333 exemptions-and has issued a few thousand since setting up the system in 2012.