Andrew Lynch

8 Added | 1 Magazine | @AndrewLynch6o2v | Keep up with Andrew Lynch on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Andrew Lynch”

Mortgage Rate Watch: Don't Fear The Fed

The most important Fed meeting of all time is just a week away. As we wait for the central bank’s verdict on whether to raise interest rates, here’s what mortgages are doing.<p>Nothing! They’re doing nothing. For the seventh week running, the average cost of a 30-year, fixed-rate home loan is below 4 …

Interest Rates

U.S. jobless claims drop; imported inflation remains weak

WASHINGTON (Reuters) - The U.S. labor market appeared to gain momentum in early September as fewer Americans filed for weekly unemployment benefits, but weak inflation pressures may complicate the Federal Reserve’s decision whether to raise interest rates.<p>Recruiter Ellen Dolores of Soligent works …

Economics

Quiksilver Files for Bankruptcy

Surfwear retailer Quiksilver filed for bankruptcy on Wednesday, according to the <i>Los Angeles Times</i>. The brand's stock decreased by almost 80 percent this year.<p>Investment firm Oaktree Capital Management will now oversee the surfwear company. Oaktree, along with Bank of America, included $1.75 million …

China stocks correct on profit-taking, joining regional markets | Reuters

SHANGHAI (Reuters) - China stocks weakened on Thursday as investors took profits following a sharp rally in the previous two days, falling in step with regional markets led lower by Wall Street.<p>Investors play cards in front of an electronic board showing stock information at a brokerage house in …

Stock Markets

U.S. import prices post biggest drop in seven months | Reuters

WASHINGTON, Sept 10 (Reuters) - U.S. import prices in August recorded their biggest drop in seven months as the cost of petroleum and a range of goods fell, indicating that a strong dollar and soft global demand continued to put downward pressure on imported inflation.<p>A general view of the Port of …

Economics

Stocks: 5 things to know before the open

Yeehaw!<p>Global stock markets are galloping ahead and Japan's Nikkei index has surged by nearly 8%.<p>Here are the five things you need to know before the opening bell rings in New York:<p><b>1. Jumping Japan:</b> Investors around the world are marveling over Japan's huge one-day rally, with the Nikkei 225 index …

Stock Markets

Solar panels just broke another record in the U.S.

The market to install solar panels on the roofs of homes in the U.S. set another record in the second quarter of this year, indicating a shift in the …

Solar Power