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Newspaper
Sun Journal
Location
New Bern, North Carolina, United States of America
Date
Jun 14, 2019
Page
5
A damaged OCR fragment describes a large deal with unclear limits and tied to a noisy timetable. It mentions hours, the word deal, and vague actions or responses without specific names or places. The readable content is fragmentary and unresolved.
Zillow Research finds parents with kids under 18 spend more on homes and accept smaller down payments, endure longer commutes, and settle for smaller houses as they race to move before the new school year. Uber and Lyft press to keep independent contractor status while pledging worker benefits. In Seattle, a $48.8 million pledge from tech leaders funds eight new buildings for chronically homeless residents.
Tensions flare near the Strait of Hormuz after suspected tanker attacks, with 44 sailors evacuated and U S forces aiding. The region ferries about 20 percent of global oil, mostly to Asia, and prices jumped while Iran denies involvement and warns of new nuclear terms deadlines.
BB&T plans to replace its brand with a new name after merging with SunTrust this fall. The combined entity would be called Truist, a blend meant to reflect trust and integration. Analysts note branding challenges and long-term effects, with the bank's regional footprint centered along the Atlantic coast and Philadelphia region projections.
US equities bounced from a two day slide with Treasuries higher and oil jumping as tensions in the Middle East supported risk assets. The S&P 500 hit a five week high while a surprise rise in jobless claims reinforced talk of a dovish Fed. Prices moved on global tensions and trade uncertainties.
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