“The financial services industry is experiencing a period of tremendous change. Banks are closing branches in communities across the country for many reasons, including the rise of mobile banking and the emergence of new players in the payments space,” the USPS-OIG states in the white paper.
Names are a fascinating convention. Letting parents name their children whatever they want has produced some questionable moments, to say the least. Luckily for most kids, names tend to go in and out of style, and most of us sit somewhere in the middle of our name's unique bell curve.
Total existing-home sales1, which are completed transactions that include single–family homes, townhomes, condominiums and co–ops, declined 3.3 percent to a seasonally adjusted annual rate of 5.04 million in April from an upwardly revised 5.21 million in March. Despite the monthly decline, sales have increased year–over–year for seven consecutive months and are still 6.1 percent above a year ago.
Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 125,875 U.S. properties in April of 2015, up 3% from the previous month and up 9% from a year ago, an 18-month high, according to the April foreclosure report from RealtyTrac.
By next year, if you walk in a restaurant or gas station in Copenhagen, you might no longer be able to pay with cash. The Danish government is considering allowing some stores to stop taking paper money.
"The submissions we received for this year's competition raised the bar on the caliber of solutions that have the potential to make a significant difference in the residential real estate industry," said Alex Perriello, president and chief executive officer, Realogy Franchise Group. "We are proud to host this unique forum where emerging technology companies are able to demonstrate the impact of their ingenuity."
Data through April 2015, released today by S&P Dow Jones Indices and Experian for the S&P/Experian Consumer Credit Default Indices, a comprehensive measure of changes in consumer credit defaults, continued its downward trend in default rates. The composite index posted a historical low of 0.97% in April, a decrease of eight basis points, and its lowest level since July 2014.
Permits for residential construction hit a seasonally adjusted annual rate of 1,143,000 units, according to data from the Census Bureau and the Department of Housing and Urban Development. That’s up 10.1% from March’s pace of 1,038,000 units, and well above analysts’ forecast of 1.06 million units. It’s also an increase of 6.4% from April of 2014 and the highest rate since 2007.
n a bid to attract more tourists to the region, Hunan Province in China has commissioned the architectural firm of Haim Dotan to produce a completely transparent glass bridge spanning 370 m (1,214 ft) across the Zhangjiajie Grand Canyon. Dizzyingly high at about 400 m (1,312 ft) above the canyon floor, the span is claimed to be capable of holding up to 800 people at a time.
Twitter has unveiled a partnership with Google, allowing U.S. users to see relevant tweets in Google search results within the Google app and on the mobile Web. A similar integration for desktop search results is coming soon, along with an international version.
With the California housing market continuing its upward trend, pending home sales registered their fifth straight annual gain, with the last three months being in the double-digits, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.
This would, in effect, free smaller lenders from the heavy capital requirements and strict oversight currently enforced against the big banks. It also includes a provision increasing the $50 billion SIFI threshold to $500 billion, while maintaining some degree of FSOC review.
Four days a year, 150 employees at Chicago staffing firm LaSalle Network must resort to the only kinds of communication available when their parents joined the workforce: phone calls and in-person meetings. Email and internal
The fast food chain's Tray Typers are Bluetooth keyboards installed into food trays, which sync with customers' smartphones and tablets. The campaign only ran for a week in restaurants in Germany; KFC handed one out with each order during the opening week of new restaurants. Sadly, though, you won't be seeing them in U.S. locations.
One of the fastest growing arenas for patents over the past decade has been 3D printing, making it a likely target for those trolls.
"For most trolls, the goal is not to actually go into litigation. The goal is to get a quick settlement," said Paven Malhotra, an intellectual property (IP) attorney with Keker & Van Nest LLP, whose clients include Intel, Comcast and Google and is based in San Francisco.
Many frustrated shareholders in Fannie Mae and Freddie Mac want the mortgage finance giants released from federal control, so they can reap the profits of their investments. But that might not be so great for the mortgage industry, according to a new study.
Black Knight Financial Services (pending BKFS) is off to a powerful start after the pricing of its initial public offering of 18 million shares of Class A common stock at a price to the public of $24.50 per share — it’s already moved above $26.25 in early action.
How did publishers get to this place? The answer seems to be the desire for short-term money and a follow-the-crowd mentality. Take the recent content recommendation deal Time Inc. signed with Outbrain. I’m a long-time fan of Time magazine, and read it both online and in print. Now Time.com, as influential as it is, is lending its reputation to a third-party company by promoting and recommending lesser-known sites like Lonny Magazine and Brainjet to its trusting audience.
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