23 June, 2015 by The TZ Newswire Staff Comments Off on Capitol Report: Baby boomers, not millennials, to power apartment demand
Capitol Report: Baby boomers, not millennials, to power apartment demand
Despite all the talk about millennials, baby boomers will be the main driver of apartment construction over the longer term, according to a new study by the Kansas City Fed.
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23 June, 2015 by The TZ Newswire Staff Comments Off on The Margin: Surging Fitbit races past GoPro’s market valuation
The Margin: Surging Fitbit races past GoPro’s market valuation
Fitbit is enjoying a great run, less than a week after it is initial public offering, right past GoPro.
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23 June, 2015 by The TZ Newswire Staff Comments Off on Capitol Report: Why business spending is likely to lift off soon
Capitol Report: Why business spending is likely to lift off soon
After a spate of surprisingly tepid readings in 2015, a key measure of business spending that’s tied to the health of the U.S. economy could get a boost in upcoming months.
23 June, 2015 by The TZ Newswire Staff Comments Off on Capitol Report: Consumer group wants ‘out of control’ airline change fees capped at $100
Capitol Report: Consumer group wants ‘out of control’ airline change fees capped at $100
Change fees for international flights should have a cap of $100, a consumer group told an advisory body to the Department of Transportation on Tuesday.
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23 June, 2015 by The TZ Newswire Staff Comments Off on Stocks Dip As Facebook Breaks Out; Darden Restaurants Reverses Gains
Stocks Dip As Facebook Breaks Out; Darden Restaurants Reverses Gains
Stocks slipped, but were trading tight Tuesday amid mixed economic data. The Nasdaq briefly hit a new high early before pulling back to a 0.2% loss. The S&P 500 fell 0.1% and the Dow Jones industrial average dipped a fraction. Volume was tracking mixed in the stock market today, narrowly higher on the Nasdaq and lower on the NYSE. From the Dow, UnitedHealth Group (UNH) posted the best gain, up close to 2% in above-average trade.
23 June, 2015 by The TZ Newswire Staff Comments Off on Capitol Report: Housing has ‘turned a corner’ as sales fastest in eight years
Capitol Report: Housing has ‘turned a corner’ as sales fastest in eight years
The housing market has “turned a corner,” an economist said Tuesday after reports this week showed that total home sales are running at the fastest pace in eight years.
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23 June, 2015 by The TZ Newswire Staff Comments Off on Don’t Listen to Apple Watch Haters, Here’s How Fast the Smart Wearable Market is Growing
Don’t Listen to Apple Watch Haters, Here’s How Fast the Smart Wearable Market is Growing
Apple Watch skeptics point to the fact that some users are selling their Watches online, but the larger wearable trends favor Apple’s new device.