Fannie Mae: Employment Report Supports Forecast of ‘Solid Economic Growth’

first_img  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Brian Honea Demand Propels Home Prices Upward 2 days ago Related Articles Subscribe The Week Ahead: Nearing the Forbearance Exit 2 days ago Tagged with: Bureau of Labor Statistics Doug Duncan Employment Fannie Mae Jobs in Daily Dose, Featured, Government, News Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Share Save Previous: Judge Rules Wells Fargo, Citi Must Face Consumers’ Claims of Inaccurate Credit Reports Next: DS News Webcast: Monday 10/6/2014 Bureau of Labor Statistics Doug Duncan Employment Fannie Mae Jobs 2014-10-03 Brian Honea Fannie Mae: Employment Report Supports Forecast of ‘Solid Economic Growth’ Fannie Mae’s chief economist, Doug Duncan, weighed in on today’s employment report from the Bureau of Labor Statistics, saying the GSE maintains its “forecast of solid economic growth” in response to the data released.”Today’s encouraging jobs report also is consistent with results from our September National Housing Survey, to be released next week, which is expected to show a rebound in consumer expectations regarding housing after a couple of months of eroding confidence,” Duncan said. “Overall, we maintain our forecast of solid economic growth – fueled by steady job gains – for the remainder of  the year, which should help build momentum for consumer housing sentiment, setting up for a stronger housing recovery in 2015.”The data released today by the Bureau of Labor Statistics indicated that the labor force added 248,000 jobs nationwide in September, topping expectations by about 33,000. The number of jobs added pushed the nation’s unemployment rate down to 5.9 percent, its lowest level since July 2008. The new report also revised August’s originally weak employment gains, which when first reported fell well below expectations.”Today’s report confirmed our expectation that much of the weakness in the August hiring number would be revised away,” Duncan said. “The improved job gains over the past six months, combined with other economic data, support our forecast for firming economic growth in the second half of 2014. The decline in the unemployment rate, though due partly to a shrinking labor force, will get the attention of Federal Reserve officials, but the muted wage gains may help soothe their concerns over brewing wage inflation.”The upward revisions of job gains in July and August totaled 69,000 more jobs added, which raised the average monthly job gain in the third quarter up to 224,000 – a modest decline from the 267,000 monthly average job increase reported for the second quarter. Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Fannie Mae: Employment Report Supports Forecast of ‘Solid Economic Growth’ Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. October 3, 2014 966 Views last_img read more

Bound For B’way? See the Secret Stage Past of The Fault In Our Stars Stud Ansel Elgort

first_imgHe’s Got Serious Stage Acting ChopsDuring his senior year at LaGuardia High School, Elgort made his professional stage debut opposite After Midnight’s Adriane Lenox and Gilmore Girls star Alexis Bledel in the Manhattan Theatre Club production of Regrets. He and the cast reportedly danced to Michael Jackson’s “Don’t Stop ‘Til You Get Enough” in their dressing rooms, which we seriously need video footage of. He Rocked LaGuardia High SchoolWhile attending the prestigious performing arts high school, Elgort was already developing his teen heartthrob status. He made Tracy Turnblad swoon as Link Larkin in Hairspray, and played smooth high-roller Sky Masterson in Guys and Dolls, all before getting his high school diploma. Ansel Elgort He Spent Summers at Stagedoor ManorBefore he was Ansel Elgort, movie star, he was “Collins, Tom Collins,” in the Stagedoor Manor production of Rent in 2011. (He spent seven years at the legendary summer camp!) “I’ll Cover You: Reprise” is a tough song to nail, but Elgort does it in spades in this emotional rendition—plus, he can riff! Twenty-year-old Ansel Elgort is delivering one hell of a breakout performance in the new movie The Fault In Our Stars—his heartbreaking turn as Augustus Waters in the adaptation of John Green’s novel had us swooning, laughing and of course, weeping uncontrollably for hours. After his stellar performances in Fault and as Caleb in Divergent, Elgort is sure to have his pick of high-profile projects to choose from. But we think—no, know—he should star in a musical next. We’ve dug up some fantastic clips of Elgort singing, dancing and acting on stage that you really need to see. Check out Elgort in action, then tell us which stage roles you’d like to see him play in the comments below! He Can Dance (No, Really Dance)Did we mention that in addition to being talented and gorgeous, Elgort also has a talented and gorgeous girlfriend? The star is head over heels for aspiring dancer Violetta Komyshan, whom he met at LaGuardia. The duo danced together in this gorgeous video for Amanda Uprichard’s Spring ’13 collection—awww, can they be any more adorable? View Commentslast_img read more

UK roundup: Lancashire County Pension Fund, PIC, Hannover Re, RGA

first_imgThe announcement comes after the pension fund tendered for several transition managers.It said it was doing this as it reviewed “various aspects of the investment arrangements” within the fund.Lancashire also recently announced an investment fund merger with the London Pension Fund Authority (LPFA).The funds said they were investigating the possibility of creating a merged £10bn investment fund, as well as combining governance and administration arrangements.In other news, bulk annuity provider Pension Insurance Corporation (PIC) has transferred more than £2bn of liabilities to reinsurers Hannover Re and Reinsurance Group of America (RGA).The reinsurance contracts were conducted over the course of 2014 and shifted risk from PIC to its counterparties.Over 2014, PIC signed several deals, including a £1.6bn buy-in with the Total UK Pension Plan.The company said its £2bn figure was the largest amount of reinsured risk conducted over the course of a calendar year and brings the insurer’s total to more than £7bn.Total’s £1.6bn of liabilities has been fully reinsured with Hannover Re, according to the company.Head of longevity risk Khurram Khan said the company would continue to use large and sometimes complex reinsurance deals to manage the differing aspects of the risk taken on.Liabilities transferred to insurers via bulk annuities are expected to exceed £11bn in 2014, as scheme funding levels improve and market forces encourage competitive pricing.PIC dominated the £7.8bn of liabilities written in 2013, accounting for more than 50% of the market.However, 2014 was dominated by Legal & General, which wrote more than £8.3bn in bulk annuities, including a £2.5bn buyout with TRW. The Lancashire County Pension Fund (LCPF) has tendered a consultancy framework agreement as it looks to review various aspects of its investment arrangements.The £5.3bn (€6.7bn) pension fund said it might make changes to its overall investment strategy, and that the framework agreement would cover eight different “lots” of services, including asset classes for public and private equity, real estate, infrastructure and credit.It will conduct a mini-competition between potential consultancies depending on where framework providers are selected for the different services.The framework agreement will last for four years, and the maximum number of participants has been set at 80.last_img read more

Tennis News Roger Federer survives elimination in Rome Masters, Nick Kyrgios disqualified for angry rant

first_img For all the Latest Sports News News, Tennis News News, Download News Nation Android and iOS Mobile Apps. Nick Kyrgios stormed off and threw a tantrun which earned him a disqualification.Kyrgios had held a press conference in which he criticised Rafael Nadal and Novak Djokovic.Nadal entered the next round along with Novak Djokovic. highlightscenter_img New Delhi: Roger Federer saved two match points against Borna Coric to advance to the quarter-finals of the Italian Open as defending champion Rafael Nadal and top seed Novak Djokovic raced through in straight sets. However, Australian firebrand Nick Kyrgios was disqualified on Thursday after a foul-mouthed rant during his third-round match against Norway’s Casper Ruud which could land him with a lengthy suspension. Federer came through 2-6 6-4 7-6 (9/7) against 13th seed Coric after earlier beating Portugal’s Joao Sousa 6-4 6-3 in the second round as players doubled up after rain wiped out play on Wednesday.     Federer, a four-time finalist in Rome, trailed 0-4 before dropping the first set, coming back in the second and saving two match points in the third set tie-break. “Definitely felt like I got a little lucky obviously,” said Federer. “Borna had the lead. There were crucial moments throughout the match, second set and third set, for me to stay in it. Things definitely went my way tonight.”RELATED     Federer next plays Greek eighth seed Stefanos Tsitsipas, who beat Monte Carlo Masters champion Fabio Fognini 6-4 6-3.     Tsitsipas shocked Federer in the fourth round at the Australian Open in January. Nadal, meanwhile, dropped just two games throughout the day, dispatching Georgian Nikoloz Basilashvili 6-1 6-0 in the third round after earlier also dropping just one game against France’s Jeremy Chardy.     “I have been improving every week,” said Nadal, who next plays fellow Spaniard Fernando Verdasco as he targets a first title on clay this season before his French Open defence. “It’s been a peculiar clay court season for me. I had some tough period of time. Has been a little bit difficult to hold the body and the tennis level for every day.”           Djokovic, winner in Madrid last Sunday, beat German Philipp Kohlschreiber 6-3, 6-0 after earlier easing past Canadian Denis Shapovalov 6-1 6-3. The four-time Italian Open winner next plays Argentine seventh seed Juan Martin Del Potro for a place in the semi-finals. “I like the fact that I didn’t play yesterday because I felt like I needed an extra maybe day of rest and recovery a little bit,” said the Serb.  “So it was perfect.”      In the women’s event, Japan’s Naomi Osaka, the top seed, also won twice to retain the world number one ranking ahead of the start of the French Open. She eased into the last eight with a 6-3 6-3 win over Mihaela Buzarnescu after earlier beating Slovak Dominika Cibulkova by the same scoreline. Osaka was at risk of losing her world number one ranking to Simona Halep but the Romanian was knocked out by Czech teenager Marketa Vondrousova losing 2-6 7-5 6-3. Halep’s defeat also guarantees Osaka’s top seeding at the French Open.     Swearing, chair throwing     Kyrgios’s tournament finished early after he threw a chair across the court in a tantrum, before storming off and being disqualified.     The controversial 24-year-old, who had marked his presence in Rome by criticising Djokovic and Nadal in an interview on Wednesday, started arguing with the umpire in the third set. World number 36 Kyrgios had levelled the match at one set all but was given a game penalty early on in the third set for swearing.     His response was to kick out at a water bottle before throwing a chair onto the court, packing his bag and then storming off the court, shouting ‘I am fucking done”           Kyrgios was automatically disqualified with Ruud winning 6-3 6-7 (5/7) 2-1 to advance to the third round before losing to del Potro. “I think he got what he deserved,” said Ruud of Kyrgios who was then fined 20,000 euros and made to forfeit his tournament winnings. Kyrgios had already been at the centre of controversy during Wednesday’s washout when he told the NCR Tennis Podcast that Djokovic had “a sick obsession with wanting to be liked”.     Nadal was described by the Australian as “super-salty”. Fifth seed Dominic Thiem slammed tournament organisers after he was dumped out 4-6 6-4 7-5 by Verdasco. Japan’s Kei Nishikori, the sixth seed, got past American Taylor Fritz 6-2 6-4 and then Jan-Lennard Struff of Germany in three sets.     Czech second seed Petra Kvitova retired in her third-round match against Greece’s Maria Sakkari while trailing 7-5 5-7 4-0 in the third set.last_img read more

first_imgMORE: Watch select Champions League games on fuboTV (7-day trial)CBS took over Champions League broadcasts in the United States a year ahead of schedule after Turner Sports backed out of its deal to show the rest of the 2019-20 season. The network is showing most Champions League action this month, including the four quarterfinal matches from Wednesday through Saturday, exclusively on its online streaming service CBS All Access.Only one more game on the Champions League schedule, the Final on Aug. 23, will broadcast on live TV via CBS Sports Network.Below is the complete Champions League TV schedule as the tournament to crown a 2019-20 European champion continues, plus how to watch all Champions League games in the United States.Champions League TV scheduleThe coronavirus shut down live sports on March 11 with four Round of 16 games left on the schedule. Those four games were played last weekend to complete the quarterfinal portion of the Champions League bracket. Barcelona, Bayern, Manchester City and Lyon advanced.UEFA determined those remaining Round of 16 matches could play out at their originally scheduled locations before the tournament heads to Lisbon, Portugal, the neutral site for all quarterfinal and semifinal matches as well as the Final.All Champions League matches are scheduled to start at 3 p.m. ET. Below is the complete Champions League schedule from the quarterfinals through the Final at the end of the monthWednesday, Aug. 12QuarterfinalsMatchTimeTV channelLive streamAtalanta vs. Paris3 p.m. ETN/ACBS All AccessThursday., Aug. 13QuarterfinalsMatchTimeTV channelLive streamLeipzig vs. Atlético3 p.m. ETN/ACBS All AccessFriday, Aug. 14QuarterfinalsMatchTimeTV channelLive streamBarcelona vs. Bayern3 p.m. ETN/ACBS All AccessSaturday, Aug. 15QuarterfinalsMatchTimeTV channelLive streamMan. City vs. Lyon3 p.m. ETN/ACBS All AccessTuesday, Aug. 18SemifinalsMatchTimeTV channelLive streamAtalanta/Paris vs. Leipzig/Atlético3 p.m. ETN/ACBS All AccessWednesday, Aug. 19SemifinalsMatchTimeTV channelLive streamBarcelona/Bayern vs. Man. City/Lyon3 p.m. ETN/ACBS All AccessSunday, Aug. 23Champions League FinalMatchTimeTV channelLive streamTBD vs. TBD3 p.m. ETCBS Sports NetworkCBS All Access/fuboTVHow to watch Champions League games in the USACBS was supposed to take over the exclusive English language rights for Champions League matches in 2021, but it did so ahead of schedule after Turner Sports prematurely ended its deal in June. So CBS is now the home for Champions League action in the United States, but it will not show any of the remaining matches on its over-air cable network.All Champions League matches are available live on CBS All Access, which is the network’s online streaming service. A select few, including the Champions League Final, will be shown on TV via CBS Sports Network.MORE: Watch CBS Sports Network on fuboTVCBS All Access starts at $5.99 a month, but it is offering a one-month free trial promotion for new subscribers through mid-August. Users can cancel subscriptions at any time.Below are the devices on which CBS All Access can be streamed: AndroidiPhoneiPadApple TVGoogle ChromecastAmazon FireTVLGPlayStation 4Xbox OneRokuSamsungVisioXfinityFor the Champions League Final on TV, CBS Sports Network has a channel finder feature for users across the country.CBS Sports Network is available on most cable provider systems. It’s also available from satellite providers DirecTV (channel 221) and Dish Network (channel 158).As for live TV streaming services, CBS Sports Network is available on fuboTV, YouTube TV and Hulu. All three come with free trials for new subscribers. This year’s UEFA Champions League schedule, which was interrupted in March when the COVID-19 pandemic shut down live sports, resumes this week with a completely new look and format now that the tournament has reached the quarterfinal stage.Not only is the Champions League schedule for the quarterfinal and semifinal rounds condensed into a straight knockout tournament featuring single-leg fixtures, but Champions League games are being shown on a different TV channel then they were in the spring — assuming the match you want to watch is even on TV.last_img read more

Gautam Gambhir calls for a day-night Ranji Trophy final

first_imgAdvertisement lxdNBA Finals | Brooklyn Vs2m50uWingsuit rodeo📽Sindre Eptlkj( IG: @_aubreyfisher @imraino ) 4hWould you ever consider trying this?😱bln57Can your students do this? 🌚fnn8Roller skating! Powered by Firework Former Indian opener Gautam Gambhir has asked BCCI president Sourav Ganguly to arrange a Ranji Trophy final under the floodlights following India’s successful maiden pink ball Test against Bangladesh at Kolkata. The match saw a massive attendance on the first three days and even tickets for day four was completely sold out in no time.Advertisement “I was at Eden Gardens and the Pink Ball Test was done really well by Sourav Ganguly and his team. There was just enough hype and drama around the game,” Gambhir wrote in a column.Advertisement “I was happy to see that fans’ interest was not compromised. I’d now request Dada to have a Ranji Trophy final with a pink ball.”The left hander also reckons that Virat Kohli should accept Australian skipper Tim Paine’s challenge to play a day-night Test at Adelaide next year. During the 2018-19 tour a pink ball Test was supposed to be held at the South Australian capital but India refused to play that game.Advertisement “I like the way Australia skipper Tim Paine has ‘flighted’ one for India captain Virat Kohli, challenging him to play a day-night fixture on the next tour Down Under. Knowing Virat he is not the one to back out.“And why should he? A day-night Test match between India and Australia at Brisbane or the MCG will be quite a spectacle. And you can trust Aussies to make it a truly memorable game by some smart marketing.“I haven’t seen Virat’s response for Paine but if I was him I would have straight away told him to make some late night babysitting arrangements as we were ready!” he concluded. Advertisementlast_img read more