More than 21 million affected by OPM breach: report

WASHINGTON (MarketWatch) — The Office of Personnel Management will announce the personal information of more than 21 million was compromised by a hack, The National Journal reported, citing two congressional sources. The report said that is in addition to the 4.2 million Social Security numbers that were compromised in another data breach made public in June, the report said. The U.S. believes China was the source of the intrusion, though the country has denied it.

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From:: Stock Market News

Fed’s George says ready to hike rates now

Improvement in the job market and stable inflation suggest that “modestly higher” short-term interest rates are appropriate, Kansas City Fed President Esther George said Thursday. “Economic trends and experience suggest…we would be wise to act modestly but act now,” George said in a speech in Stillwater, Okla. While there are pockets of the labor market that continue to struggle, productivity is low and global concerns can pose risks, “monetary policy is not the proper tool to address all of these issues,” George said. Low rates can result in the “mispricing of risk and financial assets,” said George, who will be a voter member of the Fed policy committee next year.

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From:: Stock Market News

#HGTVmakeover: Outstanding Outdoor Projects from HGTV Fans

By Mallory Ziglar

Outdoor projects can be the most daunting ones when it comes to improving your home. Building a deck, refreshing the landscaping or designing the perfect outdoor kitchen are major undertakings that can become costly quickly. That’s why we have a soft spot for making a big visual impact with easy-to-execute projects that won’t empty our bank accounts. These garden projects from our readers on Instagram prove that a little goes a long way. Here’s a roundup of DIYs for the backyard to get your own creative juices flowing.

A pair of simple raised beds adds order and function to an otherwise empty backyard space. I bet Instagrammer @mindbodylove365‘s back is grateful, too. No more bending over to care for her plants! You can build similar raised beds with a few inexpensive materials from your local hardware store.

Photo courtesy of Instagram user @mindbodylove365

Have you ever seen a rain barrel this cute? The answer is no, no you haven’t (but these sure come close). We love how @janettaoni concealed the not-so-sexy blue plastic barrel with wooden panels and turned it into a planter! This is an idea you’re going to want to steal.

Photo courtesy of Instagram user @janettaoni.

Flower boxes are one of the easiest ways to add color and life to your deck rails, windows or along a wall or path, like @emmertandelliott has done here. The distressed paint job and lettering gives it a shabby-chic look we adore. C’est magnifique!

Photo courtesy of Instagram user @emmertandelliott.

Instagrammer @kenndfan gave us two planter projects to share with you; one for the birds and one for your front porch. You can never go wrong with flowers at the front door and this simple raised planter lets you swap out plants and decor easily between seasons. An evergreen arrangement would look lovely here during the holidays and would welcome guests with a whiff of seasonal scent.

Photo courtesy of Instagram user @kenndfan.

And what feathered friend wouldn’t love a secret hideout like this in the woods?!

Photo courtesy of Instagram user @kenndfan.

Keep those projects coming! Tag your DIYs on Instagram with #HGTVmakeover and we could feature your image in an upcoming blog post!

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From:: HGTV

White House condemns House Republican support for Confederate flags

WASHINGTON (MarketWatch) — White House spokesman Josh Earnest on Thursday said House Republicans were “out of step with the vast majority of Americans” in their support of the placement of Confederate flags at federal cemeteries. House Speaker John Boehner pulled a spending bill off the floor after Southern Republicans pushed for a vote to allow the flag to be displayed and sold at federal sites and gift shops. Boehner said he didn’t support the measure. On Wednesday, Republicans in the chamber allowed Democrats to add language to a spending bill that would have removed the flag. Boehner said he wants to set up a bipartisan working group on the issue. Earnest also noted that Republicans have declined to criticize the “race-baiting rhetoric of a leading Republican presidential candidate.” He did not refer to Donald Trump by name.

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From:: Stock Market News

ForeverHome’s white knight: Investor to take over new home community from troubled Raleigh home builder

By Amanda Hoyle

Raleigh businessman and real estate investor David Stallings is breaking into the Triangle home building market with the creation of Shenandoah Homes LLC and the takeover of a new Durham housing community that was previously being developed by Raleigh home building company ForeverHome LLC.

Stallings confirms says he’s entered into a joint venture partnership with Rialto Capital Management, of Miami, to complete the development of Fendol Farms at Brier Creek, a 493-lot community with 182 acres on… …read more

From:: biz journal foreclosures

NYSE says software upgrade led to nearly 4-hour blackout

The New York Stock Exchange said Wednesday’s embarrassing technical glitch, which led to an almost four-hour seizing up of one of the world’s premiere securities exchanges, was the result of the implementation of a software upgrade. In a release Thursday, the exchange operator said it had been preparing to roll out the upgrade gradually. The NYSE, which is owned by the Intercontinental Exchange [s:ICE], said the upgrade to its so-called consolidated trading tape, which tracks buy-and-sell orders, “caused additional communication issues between the gateways and trading units, which began to manifest themselves mid-morning.” The NYSE issued a message to the market that a problem was being investigated at 11:09 a.m. Eastern Time and took the exchange down 23 minutes later for an hourslong stretch. A spokeswoman declined to comment further. The stoppage did not affect options trading on the NYSE or other exchanges, which were operating normally. The NYSE eventually went back online Wednesday 50 minutes prior to the regular close of trading at 4 p.m. Eastern

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From:: Stock Market News

Yahoo shares recover after three-day losing streak

Shares of Yahoo Inc. rebounded on Thursday following three days of losses after the online portal said it will offer gambling on fantasy sports games. Yahoo will take a 10% cut of the money that players wager. Yahoo, which holds a 15% stake in Alibaba Group Holding Ltd. , was battered this week in the wake of a selloff in the Chinese stock market. Yahoo shares are up 2.5% to $38.17 but are down 24% year to date.

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From:: Stock Market News

Tesla shares rise for the first time in three sessions

Shares of Tesla Motors Inc. on Thursday snapped a three-day losing streak that shaved more than 9% off the share price and took them to their lowest since June. Analysts from Pacific Crest and Deutsche Bank earlier this week downgraded Tesla’s stock on concerns about valuations. Tesla has gained 17% so far this year, compared with gains of 0.4% for the S&P 500 Index . The stock has risen 24% in the past three months, versus a loss of 1.2% for the S&P. Shares rose 1.8%.

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.

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From:: Stock Market News

Natural-gas prices fall as U.S. supplies rise 69 billion cubic feet

Natural-gas futures on Thursday fell after the U.S. Energy Information Administration reported that supplies of natural gas rose by 91 billion cubic feet for the week ended July 3. Analysts polled by Platts forecast a climb of 84 billion cubic feet to 88 billion cubic feet. Total stocks now stand at 2,668 trillion cubic feet, up 659 billion cubic feet from a year ago and 45 billion cubic feet above the five-year average, the government said. August natural gas was at $2.663 per million British thermal units, down 2.2 cents, or 0.8%. It was trading at $2.69 before the data.

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From:: Stock Market News

U.S. Department of Agriculture web site running again after outage

WASHINGTON (MarketWatch) — The web site of the U.S. Department of Agriculture is running again Thursday morning after a brief outage. Visitors to the site earlier got an “Error 404” message. The site’s outage follows glitches on Wednesday including at the New York Stock Exchange and United Airlines.

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.

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From:: Stock Market News