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Paris wins bid to host EU banking agency post-Brexit
EU ministers chose a new home for the European Banking Authority, which is leaving London after Brexit.
Amsterdam wins bid to host EU medicines agency post-Brexit
EU ministers chose a new home for the European Medicines Agency, which is leaving the UK after Brexit.
WATCH: How people are reacting to Amazon's new in-home delivery service
Amazon Key, a new service that allows customers to give a delivery person access to their home even when they are not there, has launched.
Amazon's new service will allow drivers to deliver packages inside your home
Drivers can deliver parcels inside your home, even when you're not there.
U.S. business spending on equipment robust, new home sales surge
WASHINGTON (Reuters) - New orders for key U.S.-made capital goods increased more than expected in September and shipments rose for an eighth straight month, pointing to robust business spending that should help to mitigate the impact on the economy from the hurricanes.
US new home sales soar to highest level in a decade
US new home sales jumped nearly 19 percent last month to highest level in nearly a decade
September New Home Sales Post 10-Year High
U.S. new home sales soar to highest level in a decade
Sales of new U.S. homes jumped last month to the highest level since October 2007, a sign that Americans are turning to new construction.
New Zealand bans foreign home buyers
Low interest rates and limited stock have helped fuel the country's housing affordability crisis .
Family that got creepy letters from house ‘Watcher’ has day in court
Current owners of the New Jersey 'Watcher' home accused the previous owners of not disclosing information about a series of disturbing letters.
Thirty years ago this week, Wall Street slid into the abyss
NEW YORK (Reuters) - Thirty years ago, before heading to work at the New York Stock Exchange, Peter Kenny left his home in lower Manhattan and made a detour to the nearby Our Lady of Victory church to pray to St. Jude, the Roman Catholic patron saint of desperate and lost causes.
10 Ways New Regulations Make Buying a Home Harder
Google launches new phones, speakers in hardware push
Alphabet Inc's Google on Wednesday unveiled the second generation of its Pixel smartphone along with new voice-enabled home speakers, redoubling its commitment to the hardware business as it competes with a surge in devices from Apple Inc (AAPL) and Amazon.com Inc. The new devices, which include a Pixelbook laptop, wireless earbuds and a small GoPro-like camera, showcase Google-developed operating sys...
Google launches new Pixel 2 smartphones
Alphabet Inc.'s Google introduced new Pixel smartphones for the holiday shopping season at an event Tuesday in San Francisco. The Pixel 2 and Pixel 2 XL follow Google's move into making its own smartphones last year, after previously focusing on partnerships with hardware makers who use Google's Android operating system. The new Pixels are seen as a test of Google's hardware strategy and ability to compete with Apple Inc. , which is rolling out new iPhones for the holiday season. Google focused on the utility of its Google Assistant and Google Photos software offerings in the new phones, as well as augmented and virtual reality uses. The Google Pixel 2 starts at $649 and the Pixel 2 XL starts at $849, and comes with a free Google Home Mini smart speaker, part of an expanded line of speakers Google introduced earlier in the event. For comparison, Apple's new iPhone 8 starts at $699, the larger iPhone 8 Plus starts at $799, and the iPhone X, when it goes on sale, will start at $999.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Google launches new Home smart speakers, including high-end Apple rival
Alphabet Inc.'s Google [s; googl] showed off an expanded line of its Home smart speakers at an event Wednesday in San Francisco, including a new high-end version mean to challenge Apple Inc.'s HomePod and Sonos devices. Google introduced a smaller and cheaper form factor called Google Home Mini, similar to Amazon.com Inc.'s Echo Dot, for $49. Google Home Max, a larger speaker with better sound quality, will cost $399, $50 more than Apple's HomePod, which the iPhone maker announced in June and plans to begin selling to consumers in December. Google will also launch Google Home Max in December, with a free year of the YouTube Red streaming service. The standard Google Home smart speaker, which Alphabet began selling last year, costs $129.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Gut renovation plan for New York Philharmonic home scrapped
The New York Philharmonic and Lincoln Center have abandoned a long-planned gut renovation of the orchestra's home.
The new Amazon Echo Plus is a smart home necessity—and pre-orders include a free smart bulb right now
The new Amazon Echo Plus doubles as a smart home hub, and you can get a free Philips Hue smart bulb (the best we've tested) if you pre-order the Echo Plus now.
Amazon launches new Echo and Fire TV devices
Amazon.com Inc. has introduced a number of new Echo devices, including a less expensive version of the Echo, priced at about $100 versus the present price tag of nearly $180. The latest version of the Alexa-enabled device is smaller, provides improved sound, and can better pick up the users voice even in noisy situations. The Echo Plus, priced at $150, has a built-in smart-home hub that can find compatible lights, switches and more. It also has improved audio quality. Alexa also has a number of new features, including Alexa Routines that can perform a few functions with one command, such as turning off the lights and locking the door when the user says, "Goodnight." Amazon has also launched a brand new Echo, the Echo Spot, that is equipped with a circular screen, many of the qualities of the other Echo devices, such as improved audio and smart home capabilities, and priced at about $130. The e-commerce giant has also unveiled a new Fire TV device with 4K Ultra HD, High Dynamic Range. Priced at about $70, the device will start shipping on Oct. 25. Finally, Amazon and BMW will make an updated version of the Alexa skill in the BMW and Mini vehicles starting mid-2018. Users will now be able to get direction, play music, control their smart home and have access to third-party developers like Starbucks Corp. and NPR. Amazon shares are up 1.6% in Wednesday trading and up 27.1% for the year so far. The S&P 500 index is up 12.2% for 2017 so far.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
U.S. new home sales fall to eight-month low in August
WASHINGTON (Reuters) - Sales of new U.S. single-family homes unexpectedly fell in August, hitting their lowest level in eight months, the latest indication that the housing market was slowing.
This Week: New home sales, Jabil's earnings, US GDP estimate
This Week: New home sales, Jabil earnings, GDP estimate
This Week: New home sales, Jabil's earnings, US GDP estimate
A look at some of the key business events and economic indicators upcoming this week: HOUSING MARKET BAROMETER Economists expect that sales of new U.S. homes rebounded in August after falling sharply the previous month.
Revised Obamacare-repeal bill would benefit holdout senators' states: reports
A revised version of the Graham-Cassidy bill to repeal Obamacare would benefit states of senators who are currently opposed to the bill, according to reports late Sunday. According to both Politico and the Washington Post, which have seen the revised text, the new bill projects federal funding increases for Arizona, Alaska, Kentucky and Maine, each of which would have seen less federal funding under the original plan. Those states are home to Sens. John McCain, Lisa Murkowski, Rand Paul and Susan Collins, respectively, who have all come out opposed to the bill. The revision will reportedly be unveiled Monday. It faces a Saturday deadline for passage, and the GOP can only afford two dissenting votes. On Sunday, Texas Sen. Ted Cruz also said he opposed the bill, and suggested Utah Sen. Mike Lee did as well.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Alphabet's Nest announces new internet-connected home security system
Alphabet Inc. unit Nest Labs Inc. announced a line of six new internet-connected security products on Wednesday. Nest Secure, which will retail for $499, is the company's security system and uses a range of sensors, speakers and Nest's app to protect homes. Nest Secure includes a smart speaker-like base station, several motion sensors and near-field communication-enabled fob keys. In addition to the sensors and fob keys, Nest also announced a video doorbell and an outdoor security camera called Nest Cam IQ for $349. The company did not reveal a price for the video doorbell, called Nest Hello. Alphabet stock was flat after hours and closed up 1.1% to $947.54 in the regular session. Alphabet shares have risen 19.6% this year, with the S&P 500 index rising 12%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Best Buy aims for revenue of $43 billion in 2021
Best Buy Co. Inc. set long-term financial goals and updated its "Best Buy 2020: Building the New Blue" growth strategy ahead of its investor day event, which begins at 2 p.m. ET Tuesday. Best Buy set a goal of $43 billion in revenue for fiscal 2021, versus $39.4 billion in fiscal 2017. The adjusted earnings per share goal is $4.75 to $5.00. The company plans to drive $600 million in annualized cost savings by the end of fiscal 2021. By the end of October, Best Buy will enhance the smart home area in all its stores, roll out the Best Buy Smart Home by Vivint home automation and security product to 450 stores and add 1,500 employees dedicated to smart home. And in two markets, the retailer is piloting a service, Assured Living, that allows adult children to check in on their aging parents. Best Buy shares are up 0.7% in premarket trading, and up 34.4% for the year so far. The S&P 500 index is up nearly 12% for 2017 to date.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
FBI was wiretapping ex-Trump campaign chairman Manafort as late as this year: report
Former Trump campaign chairman Paul Manafort was secretly wiretapped by the FBI before and after the presidential election, CNN reported late Monday. The report said the surveillance continued until early this year, a time period when Manafort and President Donald Trump were still communicating, though it was not immediately clear if his conversations with Trump had been captured. CNN said special counsel Robert Mueller's investigative team has been given details of Manafort's intercepted communications. While sources told CNN the evidence may not be not conclusive, FBI investigators were reportedly concerned that Manafort was encouraging Russian meddling in the election. The secret surveillance order was first approved by the Foreign Intelligence Surveillance Act court in 2014, and renewed at some point last year. Earlier this summer, Manafort's home was raided by the FBI and his spokesman subpoenaed by the Mueller investigation. In late August, it was reported that Mueller was working with New York Attorney General Eric Schneiderman in his Manafort investigation to share potential evidence of financial crimes. In a separate report Monday, the New York Times said Mueller's investigators told Manafort during the raid on his house that they planned to indict him.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Amazon smart home spaces to be available in 10 Kohl's stores this fall
New Amazon smart home spaces selling smart home products and a variety of Amazon devices will be in 10 Kohl's Corp. stores in the Los Angeles and Chicago areas starting in October. Kohl's shares lifted 1.5% in premarket trade Wednesday and Amazon shares rose 0.4%. Customers will be able to try out Alexa-enabled Amazon devices and learn about smart home services, according to Dave Zimmer, Amazon Devices vice president for sales and marketing. Items in the smart home spaces will be bought directly from Amazon and the area will be staffed by Amazon sales associates, the companies said. Customers can also schedule an Amazon associate to come to their house and install smart home products and use Amazon Home Services, in which local professionals can "help with everything around the house," the companies said. Kohl's shares have declined 3.8% over the last three months and Amazon shares have surged 13.0%, compared with a 1.2% rise in the S&P 500 .Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
UPDATE 1-U.S. purchase mortgage activity hits six-month low - MBA
NEW YORK, Aug 30 (Reuters) - U.S. mortgage applications to
buy a home fell last week to the their lowest level in more than
six months, even as some home borrowing costs fell to their
lowest since November, the Mortgage Bankers Association said on
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