As if the Sydney Opera House wasn't already striking to behold, a group of Australian artists called "The Spinifex Group" have made it even wilder. As part of Sydney's "Vivid" festival—which started on Friday—the Opera House will be home to a crazy projected light-show for the next several weeks. And it's awesome. Read more...
By The Financial Lexicon: Housing starts, existing home sales, mortgage applications, and the earnings reports of companies like Toll Brothers (TOL), PulteGroup (PHM), or Simon Property Group (SPG) are examples of some of the data points investors look to when attempting to gauge the health of the real estate market. Show More Summary
Etienne Syldor, an Orlando resident who works as a bus driver at Walt Disney World, says that Wells Fargo has started foreclosing on his house. This is despite the fact that he not only made his payments on time, but even overpaid on them. As local station WFTV reported, “Last year, Wells Fargo offered him [...]
By Dave Kranzler: The housing market showed signs of recovery in late 2011, beginning with a sharp upturn in housing stocks in October of that year. This was followed by a small upturn in housing starts and home sales starting in early 2012. Show More Summary
By The Oxen Group: Market Recap: The market rebounded slightly on Thursday (only to lose gains late) on the back of better unemployment data amd housing starts, and dip buyers showing up after a strong decrease in shares on Wednesday and to start Thursday. Show More Summary
Instead of just feeling sorry for myself, I started clawing my way out of being really broke, and it had a weird side effect: I developed that whole ‘confidence’ thing that people talk about. read more
Starting with a robust housing market as the desired result, and working backwards through the maze of barriers to achieve that end, we need to establish a framework from which we can launch this initiative.
Name: Austin White, Monica Rodgers and children, Manon and Shaw Location: Kingston, Rhode Island Size: 1,850 square feet Years lived in: 1.5 years; owned It all started with a ship captain in the 1920’s. He translated his passion for the seafaring life into a nautical-inspired Arts and Crafts home. Show More Summary
Jobs were passed down generationally between strangers. One guy became an editor at a magazine, but used to be a music buyer at Mondo Kim’s on St. Marks. My friend got the job and started a shoegaze band with a tall guy named Brad that had a huge beard and a couple large cats. Brad [...]
Earlier today we saw that existing home sales climbed 0.6% to a rate of 4.97 million units in April. This missed expectations but was the highest pace since November 2009. But the best news in the report was that distressed sales, which...Show More Summary
When it comes to the IRS controversy, I'm starting to get the impression that the goalposts have moved rather quickly. The initial allegation raised by the right and other White House critics is that President Obama's White House, if not the president himself, may have been dire …
Add Home Depot to the list of folks delighted by rebounding home prices:"'We continue to see benefit from a recovering housing market that drove a stronger-than-expected start to the year for our business,' Chief Executive Frank Blake said in a...
Washington (CNN) - What's wrong with the "Gang of Eight" comprehensive immigration reform bill? Jeff Sessions has a lot of answers to that question, but he starts by pointing to a picture of a modest white house built in the early 1930s in Hybart, Alabama.
A House defense panel has agreed with the U.S. Navy’s request to buy four additional Littoral Combat Ships in the fiscal year starting Oct. 1.
One of the biggest jokes in politics is when a corrupt administration starts talking exclusively about reforming policy. When Al Gore took money from Chinese nuns who were pass-throughs for illegal donations from the Chinese government, what spin did he...
About a month ago, Rep. Trent Franks (R-Ariz.) started pushing a new anti-abortion bill, which he hopes to impose on the residents of the District of Columbia, against their will. The proposal mirrors efforts that have popped up among Republican lawmakers at the state level: abo …
The proposed Poltergeist remake is expected to start shooting this fall. After languishing in development for quite some time, it would seem that the project is finally starting to build some steam. Monster House and City of Ember director Gil Kenan will take the reins on the remake. According to reports, filming is likely to [...]Show More Summary
White House Press Secretary Jay Carney started a new week much as he ended the last one—under assault from all sides of the White House press corps Monday, as a reporters seized on new scandal revelations and demanded more information. Show More Summary
By Harlan Levy: Michelle Girard is a managing director and chief economist at Royal Bank of Scotland. Harlan Levy: What are the implications for the economy of the new data showing disappointing housing starts, a surprising jump in initial...Show More Summary
In the wake of releasing eight comedy series pilots into the wild last month, Amazon is starting to make decisions concerning which pilots will be purchased for development and which will get the axe. According to Reuters, the company...Show More Summary