Business

Real Estate

Real estate: How buying a house is like riding a bike

mit dem E-Bike im Gebirge bergauf fahren

Why hire a real estate professional? Would you take up cycling without a proper bike fitting and a helmet?


Business

Nordstrom has a tough quarter, but Nordstrom Rack soars

(c) 2017, The Washington Post. Nordstrom on Thursday added to mounting evidence that it is an exceedingly challenging moment to be in the department store business. The company reported that comparable sales at its namesake department store sank 2.7 percent -- a measure that includes sales online...


Business

Dow hits 10th straight daily high as dollar slips

(c) 2017, Bloomberg. The Dow Jones Industrial Average closed at an all-time high for the 10th consecutive day Thursday, as the dollar slid for a second straight session after minutes from the Federal Reserve’s last meeting showed officials were confident they could raise interest rates gradually...


Business

Einhorn shorts sovereigns, affirms gold on Trump uncertainty

(c) 2017, Bloomberg. Hedge fund manager David Einhorn is betting on declines in government debt and a rebound in gold to guard against the risk of inflation under President Donald Trump. “We made several changes to the macro portfolio in response to the election,” Einhorn said Thursday in a...


Business

Financial Markets Glance

Dow Jones Industrials High: 20,840.70 Low: 20,746.41 Close: 20,810.32 Change: +34.72 Other Indexes Standard&Poors 500 Index: 2363.81 +0.99 NYSE Index: 11,556.15 +5.97 Nasdaq Composite Index: 5835.51 —25.12 NYSE MKT Composite: 2499.85 +26.95 Russell 2000 Index: 1394.62 —9.23 Wilshire 5000 TotalMkt:...


Business

Plight of company towns: finding a new identity

Disappearing Company Towns

PEORIA, Ill. (AP) — Peoria Mayor Jim Ardis planned to open this year’s State of the City speech by thanking Caterpillar Inc. for its longtime commitment to the central Illinois town, declaring “We wouldn’t be Peoria without Caterpillar.” It’s been that way for decades in Peoria and in other company...


Business

BC-ID--Intermountain Grain & Livestock, ID

POCATELLO, Idaho (AP) — Idaho Farm Bureau Intermountain Grain and Livestock Report Thursday, February 23, 2017. Bids subject to change. BLACKFOOT __ soft white 3.60, unchanged; hard red winter 4.30, down 10; DNS 5.15, unchanged; hard white 4.40, up 10; BURLEY __ soft white 3.51, unchanged; hard red...


Business

Correction: TJX-Expansion story

FRAMINGHAM, Mass. (AP) — In a story Feb. 22 about the expansion plans of the company that owns T.J. Maxx and Marshalls, The Associated Press reported erroneously that TJX Cos. plans to open the first two of its new home stores later this year. It plans to open four this fiscal year. A corrected...


Business

End of bacon boom sends pork prices tumbling most in three years

(c) 2017, Bloomberg. The bacon boom seems to be ending. Wholesale prices for pork bellies, the cut used for making bacon, plunged 14 percent on Wednesday, the biggest slump since August. The drop sent wholesale pork down the most in more than three years. Costs are tumbling as demand is easing for...


Business

Alan Colmes, liberal voice on Fox, dead at 66

Obit Alan Colmes

NEW YORK (AP) — Alan Colmes, the radio and television host and commentator best known as the amiable liberal foil to the hard-right Sean Hannity on the Fox News Channel, has died. Fox spokeswoman Dana Klinghoffer confirmed his death Thursday. Fox also aired a tribute to Colmes, narrated by Hannity,...


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