US Housing Starts Sank 5.3 Percent In September

U.S. home construction fell 5.3 percent in September, a sign that rising mortgage rates may be weighing on the market. The Commerce Department said Wednesday that housing starts slipped last month to a seasonally adjusted annual rate of 1.2 million, down from 1.27 million in August. So far this year, starts have increased 6.4 percent. … More US Housing Starts Sank 5.3 Percent In September

Tesla Secures Land In Shanghai For First Factory Outside US

Electric auto brand Tesla Inc. said it signed an agreement Wednesday to secure land in Shanghai for its first factory outside the United States, pushing ahead with development despite mounting U.S.-Chinese trade tensions. Tesla, based on Palo Alto, California, announced plans for the Shanghai factory in July after the Chinese government said it would end … More Tesla Secures Land In Shanghai For First Factory Outside US

US Employers Post Record Number Of Open Jobs In August

U.S. employers posted the most jobs in two decades in August, and hiring also reached a record high, fresh evidence that companies are desperate to staff up amid solid economic growth. Job openings rose a slight 0.8 percent to 7.14 million, the highest on records dating back to December 2000, the Labor Department said Tuesday. … More US Employers Post Record Number Of Open Jobs In August

The FTSE 100 has slumped 10%+ since May. Is it time to load up?

The performance of the FTSE 100 since May has been hugely disappointing. It has declined from a record high of 7,877 points to trade at around 7,070 points. That’s a fall of just over 10%, and suggests there’s been a sharp change in investor sentiment. Of course, a key reason for this is uncertainty surrounding … More The FTSE 100 has slumped 10%+ since May. Is it time to load up?

Bitcoin price VOTE OF CONFIDENCE: Cryptocurrency as ‘stable as dollar and oil’ markets

BITCOIN and other major cryptocurrencies have been given a massive vote of confidence by new research published in a renowned scientific journal, which argues the digital assets have matured and could soon be as reliable as physical money. The crypto market is notorious for its volatility and large swings in price. In 2017 alone, Bitcoin’s … More Bitcoin price VOTE OF CONFIDENCE: Cryptocurrency as ‘stable as dollar and oil’ markets

Pompeo hails ‘another step forward’ after 2-hour meeting with Kim Jong Un

US Secretary of State Mike Pompeo met with North Korean leader Kim Jong Un on Sunday in what he called a “good, productive conversation.” The top US diplomat met with Kim in Pyongyang for two hours before Pompeo flew to South Korea Sunday afternoon for a two-day visit. In South Korea, Pompeo appeared alongside President … More Pompeo hails ‘another step forward’ after 2-hour meeting with Kim Jong Un

BREXIT BREAKTHROUGH: Brexit deal ’90 percent’ done says Irish leader in HUGE boost to May

A BREXIT deal is “90 percent” completed “in terms of text” and should be finalised in the next few weeks, according to Ireland’s deputy prime minister. Simon Coveney said the chances of agreeing to a withdrawal treaty between Britain and the European Union were good. He told Sky News: “I think the chances are good, … More BREXIT BREAKTHROUGH: Brexit deal ’90 percent’ done says Irish leader in HUGE boost to May