According to the mortgage bankers Association home loan applications rose 23.5% last week but are still 22% lower than a year ago.
The e-cigarette company Juul it is about to air its first television ad campaign targeting adult smokers. (CNBC)
Could they be the next iconic retailer to bite the dust? JCPenney said holiday shopping season sales were down 3.5% year-over-year.
Target says its same-store sales climbed 5.7 percent during the holiday shopping season.
E-commerce company Wayfare is hiring 600 people at its new Springfield Oregon call center. (Oregonian)
Almost 200 new jobs will be created at the North American headquarters of Daimler trucks in Portland. The jobs will center around developing self driving semi’s. The company says it will spend $570 million on the new efforts. (Oregonian)
According to the Census Bureau’s American community survey 7.7% of Portland’s residents work from home. That ranks at number 4 out of the top 50 US metro areas.
S&P 500 is down 11 and the NASDAQ is down 37.
Oil is down 37 cents at $52.22 a barrel.
Gold is up $5 at $1293 a Troy ounce.
With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.
If you would like an audio version for use every business morning contact Troy Reinhart at Northwest Quadrant Wealth Management