U.S. house prices to rise at twice the speed of inflation and pay: Reuters poll
(Reuters) – An acute shortage of affordable homes in the United States will continue over the coming year, according to a majority of property market analysts polled by Reuters, driving prices up faster than inflation and wage growth.
Volatility may hit Wall Street as Alphabet, Facebook leave tech sector group
SAN FRANCISCO/NEW YORK (Reuters) – Volatility could well be in the cards for Wall Street again early this fall, but not for the same reason stocks got rattled in February.
Mexico minister sees more than 50 percent chance of initial NAFTA deal this year
MEXICO CITY (Reuters) – Mexico’s economy minister said on Tuesday that he sees a better than 50 percent chance of reaching an agreement in principle on NAFTA this year despite escalating tensions between his country and the United States.
Asia stocks rise as techs lift Wall Street, Italy still a worry
TOKYO (Reuters) – Asian stocks rose on Wednesday after tech sector strength lifted Wall Street shares while concerns about Italy’s debt prompted investors to move into lower-risk government debt elsewhere, pushing U.S. Treasury yields down from recent …
Facebook confirms data sharing with Chinese companies
WASHINGTON (Reuters) – Facebook Inc said Tuesday it has data sharing partnerships with at least four Chinese companies including Huawei, the world’s third largest smartphone maker, which has come under scrutiny from U.S. intelligence agencies on secur…
Microsoft expands program for women returning to work
SAN FRANCISCO (Reuters) – Microsoft Corp is expanding a program designed to increase its hiring of women seeking to rejoin the workforce, following a rash of complaints about sexual harassment and gender discrimination at the world’s largest software …
U.S. oil prices inch up on fall in local crude stockpiles
TOKYO (Reuters) – U.S. oil prices edged up in early Asian trade on Wednesday to move away from lows hit in the previous session, buoyed after industry data showed a decline in U.S. crude inventories.
Asia stocks edge up as techs lift Wall Street, Italy still a worry
TOKYO (Reuters) – Asian stocks edged up on Wednesday after tech sector strength lifted Wall Street shares, while concerns about Italy’s debt prompted investors to move into lower-risk government debt elsewhere, pushing U.S. Treasury yields down from re…
Tronc’s top shareholder terminates sale of stake to McCormick Media
(Reuters) – Newspaper publisher Tronc Inc’s top shareholder said in a filing http://services.corporate-ir.net/SEC.Enhanced/SecCapsule.aspx?c=254385&fid=15681381 on Wednesday that it had terminated the sale of a stake in the company after the prospective buyer, investor group McCormick Media, breached its obligations.
Tesla ‘quite likely’ to meet Model 3 goal; Musk remains chairman
SAN FRANCISCO (Reuters) – Tesla Inc Chief Executive Elon Musk said on Tuesday that building 5,000 Model 3s per week by the end of June was “quite likely” as the company’s production lines were now demonstrating the ability to make 3,500 vehicles per we…
