Truth in Wealth Building

Costco is returning $3.1 billion

The privately held, Rue21 is closing stores, including the one at Cascade Village Shopping Center in Bend. Rue21 will have 700 stores in 48 states…

Solid start to Q1 earnings season

A solid start to Q1 earnings season. With 95 S&P 500 companies having reported, S&P 500 earnings for first quarter 2017 point to an 11.2%…

Stocks are sharply higher

Stocks are sharply higher after centrist French presidential candidate Macron won a plurality in in Sunday’s election. Anti-EU candidate Le Pen came in second. The…

CSX first-quarter profits climbed

Mortgage applications decreased last week by 1.8% from the previous week. Total volume is down 23.5% from last year. The average interest rate for 30-year…

Homebuilding fell in March

Homebuilding fell in March by 6.8% to an annual rate of 1.22 million units. Single-family homebuilding fell 6.2%. Multi-family housing starts dropped 7.9%. On a…

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