Housing starts rose 9.8 percent to a 1.17 million annualized rate from a revised 1.07 million in May that was stronger than previously estimated, figures from the Commerce Department showed Friday in Washington. The median estimate of economists surveyed by Bloomberg was a 1.11 million rate. Ground-breaking on multifamily dwellings jumped 29.4 percent.
Housing starts rose 9.8 percent to a 1.17 million annualized rate from a revised 1.07 million in May that was stronger than previously estimated, figures from the Commerce Department showed Friday in Washington. The median estimate of economists surveyed by Bloomberg was a 1.11 million rate. Ground-breaking on multifamily dwellings jumped 29.4 percent.
Two entrepreneurs are hoping their wearable product will get young girls to learn coding – and they’ve gotten backing from some serious players in tech manufacturing.
Two entrepreneurs are hoping their wearable product will get young girls to learn coding – and they’ve gotten backing from some serious players in tech manufacturing.
The dollar headed for its biggest weekly rise since May on Friday as economic data reinforced expectations of a U.S. interest rate hike this year. Sterling hit its highest against the euro in more than 7-1/2 years after Carney said the decision to raise rates will come into “sharper focus” around the end of 2015, his strongest hint yet about the timing of the bank’s next move.
The dollar headed for its biggest weekly rise since May on Friday as economic data reinforced expectations of a U.S. interest rate hike this year. Sterling hit its highest against the euro in more than 7-1/2 years after Carney said the decision to raise rates will come into “sharper focus” around the end of 2015, his strongest hint yet about the timing of the bank’s next move.
Investors are focused even more greatly on the U.S. conglomerate’s manufacturing of big-ticket products such as jet engines and power turbines as GE Chief Executive Jeff Immelt backs the company away from financial services. “These are good numbers,” said Tim Ghriskey, chief investment officer at Solaris Asset Management.
Investors are focused even more greatly on the U.S. conglomerate’s manufacturing of big-ticket products such as jet engines and power turbines as GE Chief Executive Jeff Immelt backs the company away from financial services. “These are good numbers,” said Tim Ghriskey, chief investment officer at Solaris Asset Management.
Anyone shorting the global stock market stands to make a “fool” of themselves as equities continue to rally, Dennis Gartman told CNBC.
Anyone shorting the global stock market stands to make a “fool” of themselves as equities continue to rally, Dennis Gartman told CNBC.