“The big uptick in permits should be good news for inventory-constrained homebuyers, as permits eventually become starts, which in turn become new homes for sale,” Ralph McLaughlin, chief economist for real estate data provider Trulia. “As a result, we shouldn’t be surprised to see a strong uptick in starts in mid-2017.”
Snap said that it’s offering 145 million Class A shares, while existing stockholders are offering an additional 55 million Class A shares. Snap won’t receive any proceeds from shares sold by those stockholders. Underwriters of the IPO have an option to buy up to an additional 30 million shares.
“Within six people in our lab group, at least one other person has gotten this email,” Joshua Plotkin, a biology professor at the University of Pennsylvania, said. “That’s just anecdotal of course, but for two people in a group of six to have gotten it, I imagine it’s a considerable amount.”
The moves announced separately by the Health and Human Services Department and the IRS don’t amount to sweeping changes to the Affordable Care Act. That would fall to Congress, where Republicans are struggling to reach consensus over how to deliver on their promise to repeal and replace the health law.
The number of customers in North America rose by 2 percent, half of those coming from Living Social. The Chicago company’s billings rose 11 percent compared with the same period last year.
The Labor Department said Wednesday consumer prices rose 0.6 percent last month, the most since February 2013, and twice what economists were expecting. A 7.8 percent jump in gasoline prices accounted for nearly half the increase.
“This is the vote that the world was waiting today to hear — whether there will be a progressive voice in the world,” said Canadian International Trade Minister Francois-Philippe Champagne during a visit to Brussels coinciding with the approval. “Canada and Europe, I am glad to say, came up to this challenge and sent a very strong signal to the world.”
“Despite these constraints, the overall housing market fundamentals remain strong and we expect to see continued growth this year as some of these concerns are addressed,” said Robert Dietz, the NAHB’s chief economist.
Lidl’s first 20 U.S. stores will be opening in North Carolina, South Carolina and Virginia, where the company established its first U.S. headquarters in 2015. Originally, it planned to open its first batch of U.S. stores no later than 2018. Lidl operates about 10,000 stores in 27 countries.