This home in Sonoma, CA was designed and built with a steel frame and modular construction by Connect Homes for a women who wanted to age in place. It has many Universal Design features. Photo courtesy of Joe Fletcher Photography for Prefabulous Small Houses published by Taunton More and more people today are building houses
Month: August 2019
Patrick T. Fallon | Bloomberg | Getty Images Mortgage interest rates have been falling since May, especially sharply this month, so borrowers, especially millennials, are rushing to refinance. Applications to refinance were up a stunning 116% this week compared with a year ago, according to the Mortgage Bankers Association. That has lenders scrambling to keep
View Bitcoin has charted a narrowing price range over the last three days, neutralizing the immediate bullish setup. A bull revival needs a UTC close above Wednesday’s high of $12,145, according to a double inside bar pattern seen on the daily chart. The outlook would turn bearish if prices print a UTC close below Wednesday’s
Bitcoin (BTC) surpassed another milestone on Thursday, August 8, as the world’s leading cryptocurrency’s hash rate hit 80 quintillion for the first time. This news comes during a good week for BTC, which saw the coin’s value top $12,000 USD twice in three days amid fears that a global recession is on the horizon. What is
Investor Steve Eisman is predicting bad things ahead for anyone betting on online real estate site Zillow, which has been trying to expand its operations but faces a stiff challenge. The managing director and senior portfolio manager at Neuberger Berman has been shorting Zillow for some time, and explained to CNBC in an interview Thursday that the
Bitcoin is outperforming gold amid heightened uncertainty in the global markets. The world’s most valuable cryptocurrency is currently trading at $11,700, representing 16 percent gains on a month-to-date basis. Meanwhile, gold, the traditional safe-haven asset, has added 6 percent this month. The precious metal picked up a bid at $1,400 on Aug. 1 as the
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Aug. 21, 2017. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines midday Thursday: AMD — Advanced Micro Devices soared more than 15% on Thursday after the semiconductor company released a new generation
According to CoinTelegraph, Amazon (NASDAQ:AMZN) is on the hunt for a software development engineer to develop an Amazon advertising blockchain. The world’s largest online retailer posted a job offer on LinkedIn and reportedly is in need of a development engineer for the new advertisement blockchain. Here’s what we know. Amazon Advertising Blockchain The hire will join
Sandrine Deveaux, managing director of Farfetch’s Store of the Future, a concept the company has been testing in London. Luke MacGregor/Bloomberg Farfetch, with a $5.4 billion market cap, is the largest player in the rapidly growing space of online luxury marketplaces. But its stock has tumbled this year, from a high of $29.69 in March
Homeowners rushed to take advantage of a sizable drop in mortgage interest rates last week, but potential buyers were unimpressed. Total mortgage application volume rose 5.3% from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was 46.5% higher than a year ago, when rates were significantly higher. Refinances drove the
View Bitcoin is looking north, with the daily chart reporting a bearish channel breakout following a six-week-long correction. A retest of highs above $13,000 could be in the offing. The bullish case would strengthen if prices rise above $12,145, invalidating consolidation or exhaustion signaled by Wednesday’s candlestick pattern. A stronger confirmation of a bull revival
Bitcoin price broke $12,000 USD for the second time in three days on Wednesday as the notoriously volatile cryptocurrency develops a reputation among investors as a safe-haven currency amid concerns as the global economy heads towards recession. This takes BTC’s week-on-week gains to $2,000 USD. Following on from 2018’s cryptocurrency crash, BTC enjoyed six months
The Federal Reserve’s “midcycle adjustment” to interest rates could be morphing into something considerably more serious, judging by recent market action. After the rate cut approved last week, Fed Chairman Jerome Powell quickly doused market expectations that the move was a sign of an extended period of monetary easing. Powell mostly expressed optimism in the
Coinbase must face a negligence lawsuit from customers who bought bitcoin cash (BCH) following its allegedly botched listing on the exchange during the 2017 bull market, a judge has ruled. U.S. District Judge Vince Chhabaria of the Northern District of California dismissed the plaintiffs’ fraud and unfair competition claims against Coinbase, and the negligence claims brought by
The potential currency war is adding to earnings problems. The realization that the trade war may expand from tariff wars to encompass currency wars is causing some consternation among analysts and strategists who are increasingly confused and uncertain on how to determine 2019 and 2020 earnings estimates. On Tuesday evening, Citigroup said the overhang of
A shot of Cinderella Castle in the Magic Kingdom at Walt Disney World Resort in Orlando, Florida. RandomEye Photography | Twenty20 Check out the companies making headlines in midday trading: J.P. Morgan Chase, Bank of America, Citigroup — Shares of the major banks all fell amid a massive drop in global bond yields. The benchmark
US cryptocurrency lending startup BlockFi has raised $18.3 million USD in a funding round led by Valar Ventures, the company announced on Tuesday. BlockFi is the first company of its kind to receive institutional funding for crypto-based loans in US dollars, in the form of a $50 million lending facility from Galaxy Digital. The new
Investing in real estate property comes with its own set of risks and considerations. For instance, properties may have more repair needs than are immediately obvious, or there may be questions about the strength of the local job market or whether the season will impact the area’s draw. One of an investor’s primary concerns is figuring
People look at a home for sale during an open house on April 16, 2019 in San Francisco, California. Justin Sullivan | Getty Images Falling mortgage rates and strong employment drove consumer confidence in housing to a record high in July, according to a monthly index from Fannie Mae. At the same time, bidding wars
The price of bitcoin’s recent rise above $12,000 was stopped short a few hours into its rally, with prices sliding by more than $1,000 over the course of the U.S. trading session that followed. Beginning 10:15 UTC and lasting until 22:15 UTC, BTC witnessed a large pullback, followed by a small bounce near $11,200, providing
Bitcoin has always dominated the cryptocurrency market. But for the first time since December 2017—when Bitcoin was valued at $20k per coin—Bitcoin dominance is nearing 70%. It’s a significant indicator of the current sentiment surrounding the world’s largest digital asset. It also leaves a sizeable question mark over the future of the hundreds of altcoins
CNBC’s Jim Cramer said he was “aghast” at the huge swing between the sharp decline in stock futures Monday evening and the strong Wall Street open Tuesday. The “Mad Money ” host blasted “pajama traders,” the term he coined for those who buy and sell futures contracts, often based on computer algorithms, during market off-hours.
Japanese crypto exchange Bitpoint is resuming some trading services following a $28 million hack in mid-July. Bitpoint is re-opening cash deposits and withdrawals in fiat currencies on August 6th following a safety assessment of the exchange’s cryptocurrency wallet. According to CoinDesk Japan, the hacked wallet is no longer in use and therefore not under threat.
Check out the companies making headlines before the bell: Allergan – Allergan beat estimates by 3 cents a share, with adjusted quarterly profit of $4.38 per share. The drugmaker’s revenue beat forecasts as well, driven by strong sales of products like Botox and Juvéderm. Allergan also raised its full-year revenue forecast. Dean Foods – The
As per a report, Canaan Creative, the major Bitcoin miner manufacturer, is supposed to have confidentially filed for an IPO in the US. As Bitcoin has grown into one of the biggest cryptocurrencies in the world, a range of industries have cropped up that are seeking to provide services that will help create a more
This second generation night table has a cooler drawer, wireless charging, Bluetooth speakers, motion sensor lighting, cable management, accent lighting, and charging/power ports. Photo courtesy of Sobro. As houses and apartments get smaller, convenience and multifunctional furniture (and rooms for that matter) become more and more essential. Night tables in particular get so cluttered with
A residential community in Omaha, Nebraska. Nati Harnik | AP Affordability is driving more homebuyers away from big cities and toward smaller, unexpected markets. The suburbs of San Francisco and New York City used to be the most attractive, but now names like Omaha, NE and Rochester, NY are replacing them. This year’s hottest zip
View Bitcoin’s move above $12,000 is backed by an uptick in trading volumes and bullish readings on the daily chart. BTC could close well above $12,000 today, confirming a falling channel breakout on the daily chart and extend gains toward $13,200 (July 10 high) in the short-term. The 4-hour chart is reporting overbought conditions and
Kyle Bass Mark Neuling | CNBC Hedge fund manager and Hayman Capital Management founder Kyle Bass said on Monday that without state support, China’s currency would plunge. “What’s happening in China is they have to have dollars to sell to buy their own currency to hold it up. If they were to ever free float
Bitcoin (BTC) has risen back above the $11,000 psychological price point after regaining ground on July 8’s and July 22’s bearish breakdowns. At 15:00 UTC on August 4, the world’s largest cryptocurrency by market capitalization rose above $11,000 for the first time in 21-days. BTC’s price stalled and then was retested along the $10,600 area