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Nevada will allow Floyd Mayweather Jr. and Connor McGregor to fight in lighter, 8-ounce gloves

Floyd Mayweather Jr. and Conor McGregor were unanimously granted “a one-fight exception” Wednesday by the Nevada Athletic Commission to fight using lighter eight-ounce gloves for their unique Aug. 26 boxing match in Las Vegas. Additionally, veteran referee Robert Byrd was named the third man in...

Mortgage rates drop to lowest since election, but borrowers barely budge

Total mortgage application volume rose just 0.1 percent last week, according to the Mortgage Bankers Association.

Several Fed officials wanted to set a date for asset reductions but policymakers left the timeline vague

Several Federal Reserve monetary policymakers wanted to announce last month exactly when they would start reducing the central bank's trillions of dollars in assets, but most preferred to wait to see how the economy and financial markets were doing over the summer, according to an account of the...

US housing starts, permits fall unexpectedly in July

U.S. home building unexpectedly fell in July as the construction of single- and multi-family homes declined.

Mortgage rates drop to lowest since election, but borrowers barely budge

So many people have already refinanced at rock-bottom rates that the pool of potential applicants is shrinking.

As housing affordability weakens, more buyers are left out in the cold

Homes priced under $200,000 made up 44 percent of the market in 2010. Today, they are just 16 percent of new, for-sale construction, data show.

Dudley says raise rates, Greenspan says its a bond bubble, yields lower than before last crisis – somethings broken! Carino, GE

It should be crystal clear to everyone that after 10 years of the most accommodative monetary policy in the worlds history the bond market is significantly overpriced. The bond market still has little to no yield (negative yields inShow More Summary

Newly built homes skew ever richer

The cost of housing is rising at a fast clip, and nowhere is it more apparent than in the market for newly built homes.

Larry Summers Loses It: "Trump Is Endorsing White Supremacists", Asks How Supporters "Face Their Children"

Even CNBC was forced to call Larry Summers on some of his more vociferous Trump slander this morning as the former Treasury Secretary took to the air in a follow-up to an op-ed that demanded all CEOs should quity Trump's councils orShow More Summary

Home builder sentiment at highest level since May: NAHB

CNBC's Diana Olick reports the latest read on housing market sentiment from the National Association of Home Builders.

Genocide: Which of These 8 Stages are Happening Now?

Via The Daily Bell His neighbor, a woman who had lived in the same community with him all his life, shouted out to the Nazi soldiers. Hersch Altman was 11 years old, hiding with his older sister. His Polish neighbor pointed them out....Show More Summary

Homebuilder sentiment soars on strong sales

U.S. homebuilders bounced back from recent funk, as current sales and sales expectations leaped forward.

Asia's worst-performing currency may get even weaker, but its central banker isn't worried

The Philippine peso has tumbled to fresh 11-year lows, but the country's policy makers said that heralded good tidings.

AMC Theatres is lawyering up to stop those $10 monthly movie passes

Movie lovers rejoiced yesterday over the news that MoviePass would let subscribers watch up to 365 movies a year for a monthly fee of $9.95–less than the cost of a movie ticket in most markets. Since every party needs its pooper, AMC...Show More Summary

Former Angels ace Jered Weaver retires

Jered Weaver, who spent most of his 12 big league seasons as the Angels ace, announced his retirement on Wednesday after an unsuccessful attempt to return to form with the San Diego Padres. “While I’ve been working hard to get back on the mound, my body just will not allow me to compete like I […]

Trump’s business councils disband as CEOs repudiate president over Charlottesville

Trump announced the disbanding of the two councils -- the Strategy & Policy Forum and the Manufacturing Council, which hosted many of the top corporate leaders in America -- amid a growing uproar by chief executives furious over Trump's decision to equate the actions of white supremacists and protesters in remarks Tuesday at Trump Tower.

Here come the Fed minutes ...

The Federal Reserve is set to release the minutes of its July 2017 policy meeting at 2 p.m. ET. At that meeting, the Federal Open Markets Committee voted to leave interest rates unchanged, as expected. It also indicated that it planned...Show More Summary

Trump can't blame for woes of American retailers

The e-commerce giant is hardly killing the retail sector all by itself -- or at all, for that matter.        

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