Add a playful pattern to your next project with leftovers …read more
From:: DIY this old house
Ben Carson officially suspends GOP presidential bid: report
GOP presidential hopeful Ben Carson officially suspended his campaign Friday, according to media reports. Speaking at the Conservative Political Action Conference in National Harbor, Md., Carson told attendees that he was “leaving the campaign trail.” This comes after Carson said on Wednesday that he didn’t see a “political path forward” following Super Tuesday.
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
Government officials will not pursue criminal charges against Citigroup
After several banking companies reached settlements for practices dating back to the financial crisis of 2008, the Justice Department asked for a review. The purpose of the review was to see if any individuals could be held responsible. …read more
From:: Real Estate Wire
Moody’s places Russia on review for possible downgrade
Moody’s Investors Service on Friday placed Russia’s Ba1 sovereign rating on review for a possible downgrade in the wake of a prolonged decline in oil prices. The review will focus on the impact of weak oil on Russia’s economy and the government’s fiscal budget, the ratings agency said. Moody’s estimated that depressed oil prices will likely boost Russia’s debt burden by 12 percentage points over a four-year period. Oil and gas account for nearly 60% of Russia’s exports, according to the ratings agency. Along with Russia, Moody’s also placed Saudi Arabia, Qatar, Kuwait, and United Arab Emirates on review for downgrade.
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
Fitch affirms Portugal’s rating at ‘BB+’, lowers outlook to stable
Fitch Ratings on Friday affirmed Portugal’s long-term foreign currency rating at ‘BB+’ but lowered its rating outlook to stable from positive. The ratings agency cited a wider-than-expected fiscal deficit of 4.2% of the gross domestic product versus 2.7% initially estimated for the weaker outlook. Fitch noted that the Portuguese government’s plans to reduce the fiscal deficit is at risk and that it may have to implement further austerity measures which could raise political tension going forward. “Renewed political uncertainty would increase fiscal and macroeconomic downside risks,” said Fitch in a statement.
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
Lattice Semiconductor slumps on CFO resignation
Shares of Lattice Semiconductor Corp. slumped in Friday’s extended session after the chip maker said Chief Financial Officer Joe Bedewi will resign, effective April 2. The company has named Max Downing, vice president of finance, as interim CFO until a successor has been identified. Lattice Semiconductor shares skidded 10% in after-hours trading after closing at $5.79 during the regular session.
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
U.S. stocks finish higher, log 3rd straight weekly gain
U.S. stocks closed higher for the fourth straight day Friday as crude oil prices climbed and official data showed jobs growth in February was stronger than economists’ expected. The S&P 500 gained 6.48 points, or 0.3%, to 1,999.91. The Dow industrials rose 62.66 points, or 0.4%, to 17,006.77, while the Nasdaq Composite gained 9.6 points, or 0.2%, to 4,717.02. All three indexes have logged three straight weekly gains. Chesapeake Energy Corp. [s:CHK] was the largest gainer on the S&P 500 for a third straight day. Meanwhile, H&R Block Inc. was the worst performer on the index after posting disappointing third-quarter earnings.
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
U.S. stocks finish higher, log 3rd straight weekly gain
U.S. stocks closed higher for the fourth straight day Friday as crude oil prices climbed and official data showed jobs growth in February was stronger than economists’ expected. The S&P 500 gained 6.48 points, or 0.3%, to 1,999.91. The Dow industrials rose 62.66 points, or 0.4%, to 17,006.77, while the Nasdaq Composite gained 9.6 points, or 0.2%, to 4,717.02. All three indexes have logged three straight weekly gains. Chesapeake Energy Corp. [s:CHK] was the largest gainer on the S&P 500 for a third straight day. Meanwhile, H&R Block Inc. was the worst performer on the index after posting disappointing third-quarter earnings.
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
Ten-X: Existing home sales likely to decrease in February
Although existing home sales are likely to decrease slightly in February, sales are up annually. Reasons for the decrease could include seasonal changes and setbacks from the implementation of the “Know Before You Owe” rules. …read more
From:: Real Estate Wire
Los Angeles officials begin taking tiny houses from the homeless
Elvis Summers took it upon himself to start a GoFundMe campaign last spring so he could build tiny houses for homeless people in Los Angeles to live in. The mayor’s office said it’s just not safe for the homeless to live that way. What do you think? …read more
From:: Real Estate Wire