Few black people get home mortgages in Detroit, data show | Jobs & Employment

DETROIT — White people make up just 10 percent of Detroit’s population but got nearly half of the home mortgage loans made in 2017 for which the race of the applicant was known.

That data point and several more show that the mortgage market in Detroit, while improving in recent years, remains anemic at best and, at worst, nonexistent in many parts of the city.

Data collected under the federal […] Read more

Oregon Dept. of Human Services confirms data breach

SALEM, Ore. (AP) – The Oregon Department of Human Services said Thursday that a data breach may have exposed the personal information of the 1.6 million residents the department serves. The department said it isn’t sure exactly how many people had their information exposed after nearly 2 million employee emails were made vulnerable to unauthorized persons. Those emails could have contained sensitive client information, including full names and Social Security numbers. The breach occurred in January after nine employees opened a phishing link that compromised their email boxes. DHS […] Read more

Apple Ready To Run as Nasdaq, S&P 500 Rally To 5-Month Highs ?

Key stock indexes shook off a weak start and rallied to close near session highs Thursday, as Apple (AAPL) and other surging techs led the broad advance.

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The Nasdaq scored a 1.4% jump, the S&P 500 rose 1.1% and the Dow Jones Industrial Average advanced 0.8%. Small caps also rallied, with the Russell 2000 up 1.2%. Preliminary data showed slightly lower volume on the NYSE and the Nasdaq.

For the week, the Nasdaq is on track for a 2% gain, the S&P 500 has advanced 1.2% and the Dow Jones is up 0.5%. The Nasdaq and S&P 500 are at their best […] Read more

F-15X vs. F-35 Budget Dogfight: Congress Just Got Some Urgent Advice

A recent study for Congress slammed the Air Force’s request for Boeing (BA) F-15X fighters and advocated for more Lockheed Martin (LMT) F-35 stealth fighters.

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The Center for Strategic and Budgetary Assessments, which delivered the congressionally mandated study earlier this month, said “no” when asked if the Air Force should buy the F-15X, according to Defense…

[…] Read more

These 5 Growth Stocks Aim To Crush Dow Jones

Investors expressed confidence in the future upside in stocks today after the Federal Reserve demonstrated satisfaction with the current cost of money and resolve to not let the U.S. economy slip into a possible recession. The Nasdaq composite paced the advance, rising nearly 1.5%. The S&P 500 rose 1.2%, ahead of a 1% lift by the Dow Jones Industrial Average.

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Oil held steady just under $60 a barrel after enjoying sharp gains recently.

Meanwhile, demand for long-dated U.S. Treasuries remained firm. The yield on the benchmark 10-year bond held at 2.54%, a 14-month low. The yield, which plunged 7 basis points Wednesday, is […] Read more

Pictet Asset Management LTD Boosted Its Equifax (EFX) Position; Apg Asset Management Us Has Decreased Sabra Health Care Reit (SBRA) Position – The Financial Examiner

Pictet Asset Management Ltd increased Equifax Inc (EFX) stake by 92.04% reported in 2018Q4 SEC filing. Pictet Asset Management Ltd acquired 110,397 shares as Equifax Inc (EFX)’s stock rose 4.22%. The Pictet Asset Management Ltd holds 230,343 shares with $21.45 million value, up from 119,946 last quarter. Equifax Inc now has $13.84B valuation. The stock increased 1.95% or $2.19 during the last trading session, reaching $114.64. About 313,332 shares traded. Equifax Inc. (NYSE:EFX) has declined 1.15% since March 21, 2018 and is downtrending. It has underperformed by 5.52% the S&P500. Some Historical EFX News: 16/04/2018 – ISS Says Five Equifax […] Read more

Marijuana Stocks: Canopy Growth Adds To U.S. ‘Hempire’ With New Acquisition; Canopy Growth Stock Falls

Canadian pot producer Canopy Growth (CGC) on Thursday said it had bought another hemp-focused company, a move that could hasten its advance into the newly-legal U.S. market for the plant. Canopy Growth stock and most marijuana stocks fell.

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The acquisition announced by Canopy on Thursday, for a company called AgriNextUSA, follows its purchase of Colorado-based hemp research company Ebbu, its hemp-production license in New York state, and its hemp-CBD-focused partnership with Martha Stewart.

The deal with AgriNextUSA will “accelerate Canopy Growth’s entry into key American jurisdictions,” the company said in a news release, as the 2018 U.S. Farm Bill brings the legal hemp […] Read more

Dow Jones Today Led By Apple Stock; Micron Stock Soars, Leads Nasdaq 100

Major stock indexes showed solid gains and were near session highs in afternoon trading in stocks today after another dovish policy statement from the Federal Reserve Wednesday. Top stocks in the Dow Jones today included Apple (AAPL), up more than 3%. Needham, Wedbush and Citigroup all raised Apple’s price target ahead of the company’s media event on Monday where the company is expected to disclose its streaming video plans.

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The Russell 2000 small-cap index led the way, up more than 1.3%, and the Nasdaq composite rose 1%. The S&P 500 added 0.8%, and the Dow Jones today picked up 0.7%. Volume […] Read more

Dow Jones Component Nike Stock In Buy Zone| Investor’s Business Daily

Nike (NKE) stock is in buy range as the Dow Jones sportswear giant gets set to report earnings for the fiscal third quarter after the stock market closes.

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Nike Earnings

Estimates: Wall Street expects Nike earnings per share to slip 7% to 63 cents, according to Zacks Investment Research. Revenue at the Dow Jones stock is seen climbing 6% to $9.541 billion.

Results & Outlook: Check back after the close.

Nike earnings come a week after rival Adidas (ADDYY) warned of slowing growth and supply chain issues. CEO Kasper Rorsted also acknowledged that Adidas couldn’t meet excess demand it was seeing as manufacturing capacity […] Read more