Easy ways to improve your home right now …read more
From:: DIY this old house
How to Build a Fold-Down Murphy Bar
Use cedar lumber and a doweling jig to create an outdoor piece that can handle its share of liquor …read more
From:: DIY this old house
China lowers yuan fix by most in 8 months: reports
The People’s Bank of China on Wednesday set the yuan’s daily reference rate at 6.4943 to the dollar, weakening the currency by about 0.6%, according to multiple published reports. The cut by China’s central bank was the biggest downward move since it devalued the currency in August and rattled markets worldwide, an AFP report said.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
Zillow reports record traffic, but bottom line dented by Move/News Corp legal battle
Things have never been better for the Zillow Group websites, which includes consumer brands Zillow, Trulia, StreetEasy, HotPads and Naked Apartments, in terms of website traffic, but the company’s bottom line was again negatively affected by Zillow’s legal battle against Move, Realtor.com, the National Association of Realtors and News Corp. …read more
From:: Real Estate Wire
7-Eleven promises to serve only cage-free eggs by 2025
Privately held 7-Eleven Inc. said Tuesday it will aim to use only cage-free eggs in its stores by 2025. It is becoming important for customers for the store to “serve more humanely sourced eggs,” the convenience-store chain said in a statement. Several fast-food companies such as McDonald’s Corp. have similarly pledged to serve cage-free eggs.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
7-Eleven promises to serve only cage-free eggs by 2025
Privately held 7-Eleven Inc. said Tuesday it will aim to use only cage-free eggs in its stores by 2025. It is becoming important for customers for the store to “serve more humanely sourced eggs,” the convenience-store chain said in a statement. Several fast-food companies such as McDonald’s Corp. have similarly pledged to serve cage-free eggs.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
Lew cautions Japan against currency intervention
WASHINGTON (MarketWatch) – Treasury Secretary Jacob Lew on Tuesday said he was against intervention by Japan in its currency market. In an interview with Bloomberg Television, Lew said Japan has “lived by the agreements it has made to refrain from competitive devaluation, to refrain from exchange rate targeting. We’ve made it clear we think it is important for all parties to the agreements to continue to live by them,” he said. He said Japanese authorities should focus on fiscal policy measures and structure reform and not rely only on “aggressive” monetary policy steps already taken. Japanese officials are worried that the strengthening of the yen over the last month may hurt the country’s economy. The yen has risen further against the dollar after the Bank of Japan kept monetary policy steady last week.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
Apple rebounds to snap 8-day losing streak
Apple Inc. rebounded on Tuesday, breaking an eight-day losing streak after Chief Executive Tim Cook talked up the company’s future growth potential in an interview with CNBC’s Jim Cramer late Monday. The stock rose 1.6% to close at $95.18, after a 13% retreat over eight sessions, its longest run of consecutive losses in 18 years. The stock, which soared 38% in 2014 on iPhone’s success, fell 4.6% in 2015 and is off nearly 10% year to date. During an appearance on CNBC, Cook said the market overreacted to Apple’s disappointing earnings and dismissed fears about flagging iPhone sales in China.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
Freddie Mac’s rough first quarter will likely embolden calls for GSE reform
If you listen closely, you can hear the noise surrounding the recapitalization and release of the government-sponsored enterprises from conservatorship getting louder thanks to Freddie Mac reporting a loss of $354 million in the first quarter. Now all those who want to see an end to the GSE conservatorship for whatever their particular motivation is have a new card to play. And they will play it. …read more
From:: Real Estate Wire
Zillow shares soar as quarterly loss narrows
Shares of Zillow Group Inc. soared in Tuesday’s extended session after the real estate website announced a smaller quarterly loss compared with a year earlier. Zillow reported its first-quarter loss narrowed to $47.6 million, or 27 cents a share, from a loss of $58.4 million, or 40 cents a share, a year earlier. The latest quarter’s loss includes $15.7 million in legal costs related to a lawsuit involving News Corp and the National Association of Realtors. News Corp owns MarketWatch, the publisher of this report. On an adjusted basis, Zillow would have lost 13 cents a share. Revenue grew to $186 million from $127.3 million. Analysts surveyed by FactSet had projected a loss of 9 cents a share on revenue of $177 million. Zillow also raised its full-year revenue outlook to a range of $825 million to $835 million from $805 million to $815 million previously. Zillow soared 12% in after-hours trading.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News