Money & Finance

Reuters UK Pending Sales of U.S. Existing Homes Rise by Most Since 2010 Bloomberg Contracts to purchase previously owned U.S. homes climbed in April by the most since October 2010, adding to signs that the industry's busy selling season was off to a good start, according to data released Thursday by the National Association of Realtors. Pending Home Sales Lift Off in April to Over 10-Year HighPR Newswire (press release) Pending home sales up 5.1 pct, highest level in a decadeCNBC US pending home sales jump to highest level since early 2006Reuters Wall Street Journal -MarketWatch -New York Times -Financial Times all 13 news articles » Google

Daily Mail US jobless claims head lower after surge Daily Mail New claims for US unemployment insurance fell for a second straight week last week, confirming that an early May surge was probably not a signal of weakness in the jobs market. The Labor Department said Thursday that initial jobless claims, a sign of ... and more » Google

Los Angeles Times Faraday Future seeks approval to build electric cars in California Los Angeles Times Faraday Future, the Gardena-based electric car company, is eager to begin building its battery-electric vehicles in California. Having broken ground only a month ago on a $1-billion car factory in Nevada, Faraday could add a Vallejo facility to its ... Faraday Future Will Continue Cloning Tesla With Development Of A Bay Area FactoryJalopnik An electric-car company with mysterious funding is moving forward on its factoryBusiness Insider Faraday Future: A second electric car factory in the Bay Area?SFGate Gas 2.0 -Patch.com -Hybrid Cars News -San Francisco Business Times (blog) all 24 news articles » Google

Wall Street Journal BIS Unveils Global Code of Conduct for Foreign-Exchange Trading Wall Street Journal A body of global standards-setters Thursday laid out new principles for the safer and more transparent functioning of the world's foreign-exchange markets, aiming to restore trust in currency trading following incidents of misconduct in recent years ... Don't lie, don't cheat, don't start rumours, says new FX codeBusiness Recorder (press release) (registration) (blog) Don't lie, don't cheat, says new FX codeZawya (registration) Finserv Firms Express Support for Global Code of Conduct for FX MarketTraders Magazine ForexLive -The Australian Financial Review -euronews all 66 news articles » Google

MarketWatch Orders for U.S. Capital Goods Unexpectedly Fall for Third Month Bloomberg Orders for business equipment unexpectedly declined in April for a third straight month, indicating American manufacturers continue to pull back, Commerce Department data showed Thursday. Key Points. Orders for non-defense capital goods excluding ... US durable goods surge on transportation, but business spending weakReuters US Durable Goods Orders Jumped 3.4% in AprilWall Street Journal US durable-goods orders jump 3.4% in AprilMarketWatch Tulsa World -Business Insider -Nasdaq -Investor's Business Daily all 17 news articles » Google

Irish Examiner Asia Pacific|Bus Project Finds a Way Around China's Traffic Jams: Gliding Above Them New York Times The transit initiative was presented over the weekend at the Beijing International High-Tech Expo. Video by CCTV News. BEIJING — Could the solution to China's urban gridlock be a flying bus? A model for a giant, elevated bus was presented over the ... China to build straddling buses on highways to avoid traffic jamsNew York Daily News This Elevated Bus Could Be the Answer to Traffic JamsTIME Bus 'that straddles traffic jams' set to ease travel chaos in China citiesTelegraph.co.uk CBS 8 San Diego -Mashable -ZME Science -CNET all 100 news articles » Google

US stocks barely budge as banks slip after two-day surge The Ledger NEW YORK (AP) — U.S. stocks are hardly budging Thursday morning after big gains over the last two days. Banks and chemicals companies are down the most. However retailers, which have been pummeled in recent weeks, traded higher following a group ... and more » Google

Business Insider Initial jobless claims fell more than expected Business Insider jobless Reuters/Jason ReedMervin Sealy from Hickory, North Carolina, takes part in a protest rally outside the Capitol Building in Washington, October 5, 2011. Demonstrators were demanding that Congress create jobs, not make budget cuts during the ... and more » Google

Wall Street Journal US Jobless Claims Fall for Second Straight Week Wall Street Journal WASHINGTON—The number of Americans applying for unemployment checks fell last week, suggesting employers continue to expand modestly and the labor market in the world's largest economy remains strong. Initial jobless claims, a measure of layoffs ... US jobless claims fall more than expected last weekReuters Initial Jobless Claims in U.S. Fall as Layoffs Prove TemporaryBloomberg Jobless claims drop 10000 to 268000MarketWatch New York Times -Investing.com all 8 news articles » Google

Orders for U.S. Capital Goods Unexpectedly Fall for Third Month Bloomberg Orders for business equipment unexpectedly declined in April for a third straight month, indicating American manufacturers continue to pull back. Bookings for non-military capital goods excluding aircraft dropped 0.8 percent after a revised 0.1 percent ... and more » Google

Business Insider Australia REPORT: Apple tried to buy Time Warner Business Insider Australia Eddy cue apple executive Justin Sullivan/Getty ImagesApple's senior vice president of Internet Software and Services Eddy Cue speaks about Apple Music during Apple WWDC on June 8, 2015 in San Francisco, California. Apple wanted to make a bid to buy ... and more » Google

USA TODAY World's largest cruise ship to get a sister in 2021 USA TODAY The new world's largest cruise ship, Harmony of the Seas, will be getting another sister in 2021. Royal Caribbean late Wednesday announced it had signed a memorandum of understanding with the STX France shipyard to build a fifth Oasis class vessel for ... Upgraded Empress of the Seas to sail on first cruise from Miami on SaturdaySun Sentinel One Reason Why Royal Caribbean Cruises (RCL) Stock Is Down TodayTheStreet.com Royal Caribbean Cruises Expands Oasis and Edge-ClassPR Newswire (press release) Daily Mail -Business Wire (press release) -Zacks.com -Cruise Critic all 99 news articles » Google

Chicago Schools CEO to lead Springfield rally over funding Chicago Daily Herald CHICAGO -- The head of Chicago Public Schools say the district has "reached the point of no return" and faces severe cuts without "equal" funding from the state. Schools CEO Forrest Claypool said Wednesday that with only one week left in the state's ... and more » Google

Reuters Dollar General quarterly profit beats estimates Reuters Discount retailer Dollar General Corp (DG.N) reported a better-than-expected quarterly profit as more customers came through the door and spent more on average while lower utilities costs and tax rate helped put a lid on expenses. The company's shares ... Dollar General (DG) Beats on Q1 Earnings, Misses RevenuesZacks.com Dollar General profit beats but sales fall short in first quarterMorningstar.com Dollar General (DG) Tops Q1 EPS by 8c; Comps Rose Less than ExpectedStreetInsider.com Fox Business -Seeking Alpha -RTT News -The Point Review all 11 news articles » Google

Wall Street Journal Abercrombie's Sales Slip as Fewer Shoppers Visit Its Stores Wall Street Journal Abercrombie & Fitch Co. ANF 0.97 % 's turnaround efforts were derailed last quarter, as fewer shoppers visited its stores and the teen retailer tried to hold the line on discounts. Sales at stores open at least a year fell 4% in the fiscal first ... Apparel retailer Abercrombie's sales fall for 13th straight qtrReuters Abercrombie & Fitch Co. (ANF) Q1 2016 Earnings Preview: Revenue Expected To Remain FlatInternational Business Times Abercrombie & Fitch (ANF) Stock Closes Higher Ahead of Tomorrow's Q1 EarningsTheStreet.com The Point Review -Investor Newswire -Enterprise Leader -Share Trading News all 20 news articles » Google

WLS-TV Thousands to rally for school funding in Springfield WLS-TV Parents marched from the Thompson Center to Chicago Public Schools headquarters with one clear message: fund public education. (WLS). share; share; tweet; email. WLS. By Jessica D'Onofrio. Thursday, May 26, 2016 06:29AM. CHICAGO (WLS) --. Chicago Schools CEO to lead Springfield rally over fundingChron.com Claypool to lead buses to Springfield but urged to act locallyChicago Sun-Times CPS Preps for Last Minute Pitch for FundingChicago Tonight | WTTW all 7 news articles » Google

Dollar General Corp Profit Rises 17% In Q1 RTT News Dollar General Corp (DG) revealed earnings for its first quarter that rose from last year. The company said its bottom line rose to $295.12 million, or $1.03 per share. This was up from $253.24 million, or $0.84 per share, in last year's first quarter ... and more » Google

Financial Post RBC Profit Beats Estimates on Gains in Wealth Management, Retail Bloomberg Royal Bank of Canada posted fiscal second-quarter profit that beat analysts' estimates on record earnings in personal and commercial banking and gains from last year's U.S. takeover of City National Bank. Net income for the period ended April 30 ... Royal Bank of Canada Posts Better-Than-Expected ProfitWall Street Journal Royal Bank of Canada to repurchase up to 20 million of its common sharesMarketWatch UPDATE 1-RBC says bad loans rose 19 percent in second quarterReuters Financial Times -Stockhouse -Daily Mail -The Province all 32 news articles » Google

Proactive Investors UK US shares set to continue momentum as traders watch oil Proactive Investors UK A drop in weekly oil inventories propelled oil prices just shy of the $50 a barrel mark. A nodding donkey silhouette. All eyes on the global oil market today. It promises to be a busy day in the US with shares set to continue the momentum yesterday and ... and more » Google

TheStreet.com Sears to Explore Options for Kenmore, Craftsman, DieHard Brands Bloomberg Sears Holdings Corp., the unprofitable department-store company controlled by hedge fund manager Edward Lampert, plans to consider options for its Kenmore, Craftsman and DieHard brands as well as its Sears Home Services repair business. The retailer ... Sears Holdings Reports First Quarter 2016 Results And Other Corporate DevelopmentsPR Newswire (press release) Sears 1Q loss widens, looking at options for Kenmore, othersU.S. News & World Report Sears reports 1Q lossChron.com Investorplace.com -TheStreet.com -Markets Daily -CCH Daily News all 10 news articles » Google

Harvard Business Review Tick-Tock: The Overtime Clock Starts Running For Millions More Workers Lexology (registration) On May 18, 2016, the U.S. Department of Labor's Wage and Hour Division ("DOL") issued a final rule modifying overtime eligibility under the Fair Labor Standards Act ("FLSA"). The final rule, which goes into effect on December 1, 2016, increases the ... The New Overtime Regulations: How Will They Affect Your Workplace? (Part 1)JD Supra (press release) Two more potential headaches lurking in the new OT rulesCFODailyNews.com all 15 news articles » Google

Business Wire (press release) Wells Fargo Launches yourFirst Mortgage Business Wire (press release) SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE:WFC) today announced yourFirstMortgage℠, a new home loan program that offers a down payment of as little as 3 percent for fixed-rate mortgages, lower out-of-pocket costs, expanded ... and more » Google

TheStreet.com Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) To Release Earnings Risers & Fallers Analysts await Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) to report earnings on May, 26 for the fiscal quarter ending Apr 2016. They expect $1.29 EPS, up 19.38% or $0.25 from last year's $1.04 per share. At the moment 22 analysts are ... ULTA Salon, Cosmetics & Fragrance (ULTA) Is Up Sharply On Q1 ResultsRTT News Can Anything Stop Ulta from Beating this Quarter?Money Morning Makeup Tutorial Trend Could Be Good News For UltaBenzinga CCH Daily News all 29 news articles » Google

BDlive Uber to Expand Africa Operations New York Times The ride-hailing company said Thursday that it plans to start operating in the capitals of Ghana, Uganda and Tanzania within a month. Uber already operates in the cities of Nairobi and Mombasa in Kenya, Lagos and Abuja in Nigeria and five cities in ... Uber downplays cash concernseNCA Uber talks to meter taxi drivers to try stave off further violenceBDlive Why Uber is testing cash payments in South AfricaMyBroadband Quartz all 13 news articles » Google

Financial Times UK Net Migration At 330000 For 2015: Bad News For The EU Referendum Debate Forbes Net inward migration is, in economic terms, considered to be beneficial to the economy that people are migrating into. Yes, it's entirely true that immigrants do indeed come in and do jobs that could have been done by indigenes. We really can thus say ... UK business investment falls ahead of EU referendumReuters UK Migration Continued to Rise in 2015Wall Street Journal Near-record UK immigration figures fuel raging EU debateWashington Post BBC News -The Independent -Financial Times -The Guardian all 43 news articles » Google