The Traderszone Network

A closely watched index of U.S. housing prices showed home prices continued to climb in 20 cities in March.

Good news or bad news – you decide? Just remember, Stan Fischer said rate hikes were no big deal…

Charts: Bloomberg

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Obama scores victories far from Washington; Republicans split on trade; South Carolina is Rubio’s to lose; and more.
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U.S. stock index futures pointed to a lower open on Tuesday ahead of a hectic day of data releases, following the Memorial Day holiday weekend.

Internet retailer Amazon.com Inc.’s main German operating unit paid just 11.9 million euros ($16 million) in tax in 2014, despite the group recording $11.9 billion in sales to German customers last year, regulatory filings show. Germany is Amazon’s biggest market outside North America, its annual report shows, but until recently all sales and almost all profits were reported via lightly taxed Luxembourg companies. Amazon’s main German operating unit, Amazon.de GmbH, manages the German website and oversees deliveries but is funded by payments from the Luxembourg companies.

Charter Communications Inc. agreed to buy Time Warner Cable Inc. for about $55 billion in cash and stock, scooping up the cable provider after getting last-minute competition from French billionaire Patrick Drahi. Charter will pay $195.71 a share — 14 percent above Time Warner Cable’s May 22 close — with options of $100 and $115 in cash and the remainder in its own stock, according to a statement Tuesday. Bright House Networks, a smaller cable company that Charter has previously agreed to buy, will also be merged into the combined entity.

Apple innovator Jonathan Ive says he’s been promoted to the company’s chief design officer, making him one of the most powerful people in the world’s most valuable company. Ive, who as a lead designer …