Category: Economy

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Conference Board report: U.S. consumer confidence strengthens in July

Consumer confidence in the U.S. improved in July, according to results in a survey by a private research group released Tuesday, while better sentimen...
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U.S. pending home sales down 1.1 percent in June after 3-month gain

Sales of previously owned homes in the U.S. fell in June, a sign that the housing recovery is yet to gain traction despite a decline in interest rates...
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SkyWest Inc. expects $12M net loss in second quarter

SkyWest, Inc. said on Friday that it forecasts lower financial results in the second quarter compared to what the company previously anticipated.
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Bain Capital’s Sankaty Advisors buys JPMorgan’s debt portfolio for $1B

Sankaty Advisors, a unit of Bain Capital LLC, has agreed to pay over $1bn for the debt portfolio of JPMorgan's Global Special Opportunities Group.
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IBM talks with Globalfoundries to sell chip-manufacturing unit ends with no deal

International Business Machines Corp.'s discussions with Globalfoundries Inc. to sell its struggling chip-manufacturing business have fallen apart aft...
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Inflation, Hyperinflation and Real Estate Values?

For the foreseeable future the Fed will continue its accommodative stance, at least through or past mid 2015, according to a recent IMF report. Keepin...
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Airlines resume flights to Israel

The Federal Aviation Administration (FAA) lifted a ban to flights to Israel Wednesday while European aviation authorities lifted the same flight ban T...
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IMF revises down U.S. economic growth forecast to 1.7 percent

The International Monetary Fund (IMF) said on Wednesday that it revised its growth estimate for the U.S. economy following a worse-than-expected contr...
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U.S. home sales jump 2.6 percent in June as housing market rebounds

A survey measuring U.S. home sales rose for the third straight month in June, rising to its highest level since October as the housing market recovers...
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Florida realtors power online visibility with RealBiz Media tools, training

One of the largest realtor associations in Florida has tapped online video marketing leader RealBiz Media Group, Inc. to provide its members the most ...