Contracts to Buy Homes Hit Two Year High in July
Americans signed the most contracts to buy previously occupied homes in July in two years, signaling a housing recovery. The National Association of Realtors said the pending home sales index rose 2.4 percent to 101.7, the highest since April 2010 when buyers qualified for a tax credit.
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Washington
National Association of Realtors
Realtors
U.S
West
Standard & Poor
Palo Alto
Calif
Financing Frustrations Hit New Franchisees After Recession
Rick Kimsey sought a Doctors Express urgent care franchise in Sarasota Florida but faced rejections from six banks as post crisis lending tightened. He finally secured 575000 SBA loan plus savings and 401k funds to cover 1.2 million in costs, echoing a broader trend of tougher financing for new franchises despite a projected 1.7 percent rise in 2014.
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Square One
Kimsey
McDonald's
Doctors Express
Wireless
Sarasota
Fla
McDonald’s
U.S
Utah
Days Inn
International Franchise Association
Rick Kimsey
Doctors Express Urgent Care Facility
Investors await Bernanke at Jackson Hole amid Fed stimulus hopes
Washington AP reports investors expect Ben Bernanke to hint at a new Fed bond-buying round to lower long term rates. Economists doubt dramatic moves at the Jackson Hole symposium as Draghi cancels attendance, shifting focus to euro zone actions and global market sensitivity.
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Washington
Ben Bernanke
Federal Reserve
U.S
Fed
Bernanke
Jackson Hole
Wyo
Rocky Mountains
Federal Reserve Bank of Kansas City
Mario Draghi
European Central Bank
Draghi
Singapore
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