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Pending home sales surge to 10-month high

by synergycap1 | Mar 29, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

WASHINGTON (Reuters) – Contracts to buy previously owned U.S. homes jumped to a 10-month high in February, pointing to robust demand for housing ahead of the spring selling season despite higher prices and mortgage rates.

Wall Street flat; Fed officials in focus

by synergycap1 | Mar 29, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

(Reuters) – U.S. stocks were little changed on Wednesday as investors awaited comments from a host of Federal Reserve officials for clues on the number of interest rate hikes this year.

Investors like hedge funds with powerful-sounding names, even if they fail to deliver

by synergycap1 | Mar 29, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

What’s in a name? For a hedge fund, it could be a lot. A new research paper suggests that even sophisticated investors are taken in by hedge funds with strong, powerful names. Think of funds with phrases like “prodigy Asia” and “alpha...

Santoli: Here’s why BlackRock is throwing in the towel on human stock picking

by synergycap1 | Mar 29, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

BlackRock’s move this week to replace dozens of fund managers and analysts with robotic stock-selection tools reflects a powerful and somewhat puzzling feature of today’s market: No one does stock picking anymore, it’s too crowded. Yogi Berra’s...

Brexit’s cliff edge: ‘business as usual’ not an option

by synergycap1 | Mar 29, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

GENEVA (Reuters) – Failure to strike a trade deal with the European Union by a two-year deadline would force Britain to adopt World Trade Organization arrangements, bringing with it a host of new negotiations and complications.

What to expect from Samsung’s Galaxy S8 unveiling

by synergycap1 | Mar 29, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Samsung is hosting a press conference at 11 a.m., ET, in New York where the company will make several big announcements, chief of which will be its new flagship Android smartphone. There’s a lot riding on this release because Samsung’s last major launch,...
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