Reuters
British house prices unexpectedly picked up speed in March and sales reached a six-year high, a survey showed on Thursday, suggesting the market is still firmly on the rise, after recent releases indicated a slight loss in momentum. Wells Fargo profit beats estimates, helped by one-time gains
Wells Fargo & Co, the biggest U.S. mortgage lender, reported a higher-than-expected 14 percent rise in first-quarter net profit, as a series of one-time gains helped offset the continued slowdown in its home loan business. JPMorgan profit weaker than expected as trading revenue falls
JPMorgan Chase & Co posted far weaker-than-expected quarterly profit as uncertainty about the U.S. economy weighed on investor trading volumes and consumer borrowing. Canadian new housing prices remain tame in February
The price of new Canadian homes rose 0.2 percent in February from January, topping expectations of a 0.1 percent gain after January's 0.3 percent increase, according to Statistics Canada data on Thursday. Wall Street dips after rally, biotechs drag Nasdaq
U.S. stocks dipped on Thursday, with the Nasdaq underperforming other major indexes, as investors once again rotated into defensive names and sold momentum-driven stocks. Jobless claims at seven-year low, signal firming economy
The number of Americans filing new applications for unemployment benefits tumbled last week to the lowest level in nearly seven years, strengthening views of faster job growth. After hard winter, U.S. housing industry sees signs of pickup
As much of the United States thaws out from a particularly frigid winter, signs are also pointing to a warmer national housing market. Three victims of Fort Hood rampage named by family, friends
The three people killed in a shooting rampage at Fort Hood in Texas were all male soldiers in their 30s, friends and family said on Friday, as the military searched for a motive behind the second mass shooting in five years at the massive Army base. Momentum stocks sell off for second day; Nasdaq down 2 percent
The Nasdaq tumbled more than 2 percent on Friday as momentum stocks like Netflix and TripAdvisor sold off for a second straight session. Fed survey: U.S. dealers see more private-label mortgage security demand
Big Wall Street firms have seen demand for private-label mortgage-backed securities pick up over the last few months, according to a survey released by the Federal Reserve on Thursday. Bank of England says lenders expect to expand supply of credit to households, businesses
British lenders expect the availability of mortgages and business loans to pick up significantly in the second quarter of this year, a Bank of England survey showed on Thursday. McCutcheon v. FEC: Supreme Court strikes down aggregate campaign donation caps
The U.S. Supreme Court on Wednesday struck down a key pillar of campaign finance law by allowing wealthy donors to give money to as many political candidates, parties and committees as they wish. Gobal warming threat heightened in latest U.N. report
Global warming poses a growing threat to the health, economic prospects, and food and water sources of billions of people, top scientists said in a report that urges swift action to counter the effects of carbon emissions. Samsung Electronics' mobile head paycheck hits $5.8 million, beating Apple's Cook
Head of Samsung Electronics Co's mobile business, J.K. Shin, received a $5.8 million compensation package last year, beating the paycheck of his counterpart at U.S. rival Apple Inc, the South Korean firm said on Monday in its first such disclosure under new regulations. Bank of England's Andrew Bailey says no let-up over bank capital levels
Banks still need to be persuaded that well-capitalized lenders are important to economic growth, Bank of England Deputy Governor Andrew Bailey said on Monday, but Britain's regulators will keep up the pressure to boost capital levels. Moroccan housebuilder Addoha's profit falls 6.5 pct
Addoha, Morocco's biggest property developer by market value, posted a 6.5 percent drop in 2013 net profit as its margins on low-income housing projects were squeezed by a cash-strapped government. UK mortgage approvals dip in February, business lending contracts again
British mortgage approvals slowed in February by more than expected, possibly reflecting bad weather during the month, and there was another contraction in business lending. Stocks rise on US data, China; European bond yields down
Global equity markets rose on Friday, bolstered by U.S. economic data that was largely promising and signs that China will step in to support a cooling economy, while euro zone government bond yields fell on renewed bets the European Central Bank will ease policy next week. Washington, DC, dog shelter to offer Sochi strays for adoption
Ten dogs from Sochi, Russia have arrived at a Washington, D.C., animal shelter where they will be offered for adoption after the round up of thousands of strays garnered international attention in the lead up to February's Olympic Games. U.S. consumers lift spending, but sentiment slips
U.S. consumers stepped up spending a bit in February as incomes increased for a second straight month, offering hope the economy was regaining its footing after being slammed by an unusually cold winter. Emma Watson on how Hogwarts prepped her for 'Noah'
After spending a decade at the Hogwarts school of Witchcraft and Wizardry in the "Harry Potter" film franchise, actress Emma Watson put her magical training to good use for her first big budget post-Potter role, in biblical action blockbuster "Noah." 'Burger King Baby' finds mother 27 years after abandonment
A woman abandoned as a newborn 27 years ago in an Allentown, Pennsylvania, fast-food restaurant bathroom has been reunited with her birth mother after a social media blitz, local media reported on Wednesday. Washington state mudslide death toll at 24, expected to rise
The death toll from a massive landslide in Washington state stood at 24 on Wednesday, but the mud-stricken community braced for a higher body count as search teams combed through debris looking for scores of people still missing four days after the disaster. Candy Crush maker King Digital shares sour in market debut
Shares in King Digital Entertainment Plc fell as much as 15 percent in their Wednesday debut, underscoring investor concern over the company's reliance on "Candy Crush Saga" and dampening hopes that its coming-out party could revive investor interest in the mobile gaming industry. Target, security auditor Trustwave are sued over data breach
Target Corp and Trustwave Holdings Inc, which provides credit card security services, have been sued by two banks for "monumental" losses they say card issuers will face because of the retailer's holiday season data breach. U.S. mortgage applications fell last week: MBA
Applications for U.S. home mortgages fell last week as interest rates rose to the highest level since January, an industry group said on Wednesday. Microsoft's CEO Satya Nadella may come out swinging
Satya Nadella, the Indian-born self-described cricket fanatic who took over as Microsoft Corp's chief executive last month, makes his public debut on Thursday and is expected to go on the offensive right away with some bold strokes. U.S. home prices rise in January
U.S. single-family home prices rose in January and slightly beat expectations, a closely watched survey said on Tuesday. Wall Street rebounds as biotech moves back to positive zone
U.S. stocks rose by late afternoon on Tuesday in a volatile session, rebounding from a two-day decline as a strong read on consumer confidence increased optimism about the economy. U.S. new home sales fall to five-month low
Sales of new U.S. single-family homes fell more than expected and hit a five-month low in February, pointing to continued weakness in the housing market.
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