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MBA: "Mortgage Applications Decrease in Latest Weekly Survey"

CR Note: I'm in NYC, graphs will be posted next week.From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 2.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 19, 2016.... Show More Summary

Redfin: embattled LA homebuyers step back

Home prices in the city of Los Angeles rose 7.1 percent in July from a year earlier, to $600,000 – nearly double the price buyers were paying for an L.A. home five years ago. Home sales declined significantly, falling 9.3 percent compared to last July, mirroring a nationwide trend of declining sales activity...

The Fed's Two Percent Inflation Target

Sebastian Mallaby had a column in the WaPo on the Fed's 2.0 inflation target. Mallaby argue that the 2.0 percent target is arbitrary and makes the case that moving to a higher inflation target, as recently suggested by San Francisco bank president John Williams, would be desirable. While Mallaby makes some good points, he also gets some items wrong. Show More Summary

Redfin: DC faces lowest supply of homes on record

Washington D.C., home prices increased 3.2 percent in July from a year earlier to a median sale price of $558,000. After prices declined in June, the peak of the real estate season, homeowners in the District welcomed July’s price appreciation...

How to deal with FAA drone regulations, according to Workhorse CEO Steve Burns

Workhorse is planning to launch drones off delivery trucks at the end of August. While this plan might not be quite as exciting as 100 percent drone delivery, it will satisfy the FAA's strict requirements.

Trump’s misleading claim that 58 percent of black youths are unemployed

“Look at how much African American communities are suffering from Democratic control. … Fifty-eight percent of your youth is unemployed, what the hell do you have to lose?” — Donald Trump, rally in Dimondale, Mich., Aug. 19, 2016 “He’s [Trump] saying, ‘How in the world can we abide a 58 percent unemployment rate among African […]

Spotify negotiating to pay less to record labels, report says - CNET

5 hours agoTechnology : CNET: News

The music streaming service currently pays around 55 percent of its revenue to major record labels, sources told the Wall Street Journal.

Brand A New Look

To be totally real with you, social media is no longer a nice to have. Social media is one hundred percent a need to have, and it is incredibly important that we treat it as such and understand how to best maximize its benefits. There...Show More Summary

Earn Up to 5,000 Bonus AAdvantage Miles With Avis? Good Luck With That One…

8 hours agoTravel / Air Travel : The Gate

You can purportedly earn up to 5,000 bonus AAdvantage miles when you rent a car for a minimum of three days with Avis or Budget — plus you can save up to 35 percent on a rental with Avis; while you can save up to 30 percent on a rental...Show More Summary

U.S. new-home sales climb to best level since late 2007

New-home sales jumped 12.4 percent last month to a seasonally adjusted rate of 654,000 annual units, the strongest level since October 2007, the Commerce Department said Tuesday. The demand has eclipsed the pace of construction. Just...Show More Summary

For young football players, some tackling drills can pose higher injury risks than games

CHARLOTTESVILLE, VA (AUGUST 23, 2016). Seventy percent of football players in the US are youths 9 to 14 years of age, yet most data on head impacts sustained in this sport have been from high school, college, and professional football players. Show More Summary

The 2 Resorts You Shouldn't Miss in the Dominican Republic

More than five million tourists flock to the Dominican Republic’s serene beaches, lush jungles, and pristine golf courses each year. Since 2014, the island destination has seen a 12 percent increase in visitors. The laid-back country is only... via JustLuxe.com

Can SF Developers Afford 25 Percent Affordability? City Controller Says No, Others Still Say Yes

Condo developers, says the report, can afford to build a few more affordable units, about 20 percent, but developers of rentals will be discouraged by anything over 18 percent, says the report. [ more › ]

How Wine in a Can and 'Brosé' Are Helping Marketers Appeal to Millennials

Move over, wine snobs. Millennials are disrupting wine marketing. The age group is outguzzling baby boomers in terms of wine consumption: 36 percent of wine drinkers in the U.S. are millennials versus 34 percent of baby boomers, according to the Wine Market Council. Show More Summary

Lincoln scores first and Acura scores last in customer satisfaction study

The American Customer Satisfaction Index for all new car brands improved by a significant 3.8 percent to 82 on a 100-point scale when compared to 2015. Continue reading Lincoln scores first and Acura scores last in customer satisfaction...Show More Summary

Warbler genomes look to be 99.97 percent alike

For decades, conservationists have considered blue-winged warblers to be a threat to golden-winged warblers, a species being considered for federal Endangered Species protection. Blue-winged warbler populations have declined 66 percent...Show More Summary

Mylan Execs Gave Themselves Raises As They Hiked EpiPen Price; Sparking Congressional Ire

``Proxy filings show that from 2007 to 2015, Mylan CEO Heather Bresch's total compensation went from $2,453,456 to $18,931,068, a 671 percent increase. During the same period, the company raised EpiPen prices, with the average wholesale price going from $56.64 to $317.82, a 461 percent increase, according to data provided by Connecture... Show More Summary

New report: Rate of uninsured young adults drops by more than one-third in Texas

HOUSTON - (Aug. 23, 2016) - The percentage of young adults ages 18 to 34 in Texas without health insurance has dropped by 35 percent since the Affordable Care Act (ACA) went into effect, according to a new report released today by Rice University's Baker Institute for Public Policy and the Episcopal Health Foundation. read more

8 Countries Where Religious Freedom Is Actually Under Attack

15 hours agoNews : Huffington Post

Religious freedom is a rare commodity in many regions of the world, according to the U.S. State Department’s latest International Religious Freedom Report. About 74 percent of the world’s population lives in countries “with serious restrictions...Show More Summary

Warbler genomes look to be 99.97 percent alike

New research shows that, genetically speaking, blue-winged and golden-winged warblers are almost identical. Scientists behind the research say the main differences between the two species are in feather color and pattern, in some cases just a simple matter of dominant or recessive pairings of gene variants, or alleles.

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