VW Profit Rises as Carmaker Battles to Overcome Crisis @FoxBusiness
http://www.foxbusiness.com/markets/2016/05/31/vw-profit-rises-as-carmaker-battles-to-overcome-crisis.html
Financial Decisions: Men Vs. Women @FoxBusiness
http://www.foxbusiness.com/features/2016/05/31/financial-decisions-men-vs-women.html
Can This Device End Major League Baseball’s Arm Injury Epidemic? @FoxBusiness
http://www.foxbusiness.com/features/2016/05/31/can-this-device-end-major-league-baseballs-arm-injury-epidemic.html
CKE Restaurants CEO: Automation is Coming @FoxBusiness
http://www.foxbusiness.com/features/2016/05/31/cke-restaurants-ceo-automation-is-coming.html
U.S. home prices rise more than expected in March
U.S. home prices rise more than expected in March
U.S. consumer spending increase strongest in over six years
http://www.reuters.com/article/us-usa-economy-idUSKCN0YM1HC
They will not need to pay anyone a $15 minimum wage!
SOURCE: http://www.foxbusiness.com/features/2016/05/31/cke-restaurants-ceo-automation-is-coming.html
The Closing Look
Stocks were closed on Monday for Memorial Day. Stocks ended mixed on Tuesday as investors digested a slew of economic data. Tuesday was also the last trading day of the month and stocks rallied for the month of May. On the economic front, personal income and outlays rose 0.4% which matched consensus. The S&P Case-Shiller…
3% Mortgages…that worked well the last time!
Did you know that now Wells Fargo is launching a 3% down payment mortgage to moderate and low-income buyers? What’s that line about repeating mistakes? Remember when Bernanke and friends thought housing prices never go down so how can anyone get in trouble? Well, they found out when you don’t have to put any money…