14, Oct, 2019
Home sales make record jump, proving how sensitive buyers are to mortgage rates

jump

Sales of existing homes skyrocketed a whopping 11.8 percent in February compared with January, according to the National Association of Realtors. That is the largest monthly jump ever, with the exception of a change in mortgage policy in 2015 that temporarily skewed the data. Realtors pointed squarely to dropping mortgage […]

Bank of America beats earnings on both top and bottom lines   8:55 AM ET Wed, 16 Jan 2019 | 01:27 Bank of America reported better-than-expected profit and revenue for the fourth quarter on Wednesday, driven by a strong performance from its consumer-banking business and lower taxes. The results sent the […]

Amazon Web Services reports 45 percent jump in revenue in the fourth quarter Amazon Web Services said revenue reached $7.43 billion in the fourth quarter. The segment remains Amazon’s dominant source of profit. Amazon beat on earnings and revenues—here’s what three experts are saying about the stock now   8 Hours […]

Amazon’s cloud-computing division said revenue jumped 45 percent in the fourth quarter, as the company continued to cement its lead over Microsoft and Google. Sales at Amazon Web Services climbed to $7.43 billion from $5.11 billion a year ago, topping the $7.29 billion consensus estimate among analysts polled by FactSet. […]

Job seekers wait in line to speak with company representatives during a Choice Career Fair event in Seattle. The number of Americans filing applications for unemployment benefits surged to near a 1-1/2-year high last week, which could raise concerns that the labor market is slowing. Initial claims for state unemployment […]