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Friday, Oct 20

19

Rebound in Houston home sales fuels uptick nationally

CNBC / U.S.

Houston area sales rose 4 percent in September from the prior year, after dropping nearly 24 percent in August.

17

US existing home sales unexpectedly rebound in September

CNBC / Economy

Existing home sales rose 0.7 percent to a seasonally adjusted annual rate of 5.39 million units last month.

15

Senate passes a budget, moving the GOP closer to tax reform

CNBC / Economy

Once Congress approves a budget, it will start writing a tax bill that Republicans hope to pass this year.

13

Wall Street expects Powell but still wants Yellen as next Fed chair

CNBC / U.S.

While the CNBC Fed Survey says nearly half expect Trump to nominate Powell, Wall Street thinks he should name Yellen.

Thursday, Oct 19

00

Trump's apparent favorite to run the Fed is a safe bet unlikely to rock markets

CNBC / U.S.

Reports that President Trump is leaning toward Fed governor Jerome Powell to be the next Fed chair sent buyers into stocks and bonds.

17

4 wildest stunts for Amazon's second headquarters: Cities compete for 50,000 jobs

CNBC / U.S.

To court Amazon's second headquarters, some cities got downright wacky with their efforts, USA Today reports.

15

GOP Sen. Jeff Flake: Budget deal is 'in the bag' but tax reform is still a question

CNBC / Economy

"Whether or not we can get to tax reform, we're going to see over the next couple of months," Flake says.

US jobless claims drop to a more than 44-year low

CNBC / U.S.

The number of Americans filing for benefits fell to its lowest level in more than 44 years last week, pointing to a rebound in job growth.

12

Senate is poised to make crucial vote on the budget to make way for tax reform

CNBC / U.S.

Senate Republicans are poised to approve a budget measure that would help them pass tax legislation without Democratic support.

Wednesday, Oct 18

21

The federal lawmakers who regulate Amazon are begging the company to move to their home states

CNBC / U.S.

Democrats and Republicans in Congress are warring to snag the jobs and investment that might come from HQ2, Recode reports.

20

US economy hums along, still few signs of pickup in inflation: Fed

CNBC / U.S.

The U.S. central bank released its periodic report on the health of the US economy Wednesday.

18

'It's very hard not to give tax cuts to the wealthy,' Steven Mnuchin now says

CNBC / Economy

The Trump administration has now completed wholesale repeal of the "Mnuchin Rule."

US 10-year yield flashes possible warning: Dallas Fed's Kaplan

CNBC / Economy

The slippage may reflect expectations of slower long-term domestic economic growth.

17

'The housing market can't take the shock of a natural event,' real estate economist warns

CNBC / Economy

Given the acute construction labor shortage, reconstruction and its repercussions in residential real estate could be yet another disaster.

Rising seas threaten nearly $1 trillion worth of US homes, says Zillow

CNBC / U.S.

More than $900 billion worth of U.S. residential real estate could be lost, a new report says.

15

US housing starts hit one-year low; building permits tumble

CNBC / U.S.

U.S. homebuilding fell to a one-year low in September as Hurricanes Harvey and Irma disrupted the construction of single-family homes in the South.

07

US tax reform may help economy : NY Fed's Dudley

CNBC / Investing

N.Y. Federal Reserve President William Dudley said a U.S. tax code overhaul to make it simpler and more broad-based should boost overall economic growth.

Amazon has brought benefits—and disruption—to Seattle

CNBC / Economy

While lawmakers, economists and many residents say the benefits clearly outweigh any drawbacks - life in Seattle is one more endeavor Amazon has disrupted.

Tuesday, Oct 17

17

Larry Summers: Hassett's analysis of the Trump tax plan is 'dishonest, incompetent and absurd'

CNBC / Economy

Hassett's claim that cutting the corporate tax rate to 20 per cent would raise wages by $4,000 per worker is absurd, says Larry Summers.

Canada, Mexico to firmly reject US NAFTA proposals but will offer to keep negotiations going: Sources

CNBC

Canada and Mexico will not walk away from the NAFTA negotiating table, despite an outright rejection of the U.S. demands.

Mexico's tech industry is booming as Trump's anti-immigration stance pushes workers abroad

CNBC / Economy

Trump's efforts to reduce immigration to the U.S. have prompted countries to step up recruiting tech workers and startup companies.

Homebuilder confidence jumps to 6-month high in October

CNBC / Economy

After a hurricane-induced dip, confidence among U.S. homebuilders increased more than expected in October.

16

Powell likely next Fed chief, though Yellen best suited: economists

CNBC / Economy

"A regime change can be a little more rattling and unnerving for markets," said Ryan Sweet at Moody's Analytics.

US industrial output picks up in September

CNBC / U.S.

U.S. industrial output was expected to bounce back in September.

15

US online retail sales likely to surpass $1 trillion by 2027, consulting group says

CNBC / Economy

U.S. online retail sales will surpass $1 trillion by 2027 compared with $445 billion this year, according to a forecast by business advisory firm FTI Consulting Inc, as more Americans move away from brick-and-mortar stores.

Monday, Oct 16

00

Horse race for Fed chair pits Warsh against mentor and brings Yellen back

CNBC / U.S.

Now with no clear winner in sight, markets see a tight horse race shaping up for the Fed chairmanship.

22

Trump to interview Yellen about Fed chair appointment this week

CNBC / U.S.

If the president appoints Yellen to another term, it will be a sharp turn from the president's prior remarks.

17

Top Trump advisor Cohn says tax reform has to get done this year

CNBC / U.S.

Gary Cohn also says President Trump will push harder to make sure Congress understands the urgency.

15

Here's how the White House wants the GOP to talk about tax reform

CNBC / Economy

The White House released its first economic analysis of the Republican tax plan, projecting that the goal of reducing the corporate tax rate to 20 percent will result in a windfall for workers.

14

Time is running out for NAFTA talks, set to be extended

CNBC / U.S.

Negotiators at talks to modernize NAFTA are running out of time and look set to extend the remaining rounds in a bid to meet an end-year deadline.