National Association

Capital Bancorp, Inc. Announces Initial Public Offering of Common Stock

ROCKVILLE, MD./ SEPTEMBER 17, 2018 (STL.News) Capital Bancorp, Inc. (“Capital” or the “Company”), the bank holding company for Capital Bank, National Association, today announced the launch of its initial public offering of common stock. Capital intends to offer 1,500,000 shares of its common stock and selling shareholders intend to offer 728,736 shares of common stock. … Continue reading Capital Bancorp, Inc. Announces Initial Public Offering of Common Stock

To make college cost even more, pay by credit card

Sure, your college may allow students to pay for tuition and fees with a credit card. But, like partying the night before a midterm, it’s probably not a good idea. Paying for anything with plastic requires a plan to get rid of your balance fast. That keeps interest charges from piling up. Plus, many schools … Continue reading To make college cost even more, pay by credit card

WASHINGTON | US pending home sales rose 0.9 percent in June

WASHINGTON  — More Americans signed contracts to purchase homes in June compared to May, but the volume of pending sales has slipped over the past year. The National Association of Realtors said Monday that its pending home sales index rose 0.9 percent last month to 106.9. But on a yearly basis, pending home sales have … Continue reading WASHINGTON | US pending home sales rose 0.9 percent in June

WASHINGTON | US housing starts tumbled 12.3 percent in June

WASHINGTON — U.S. homebuilders sharply curtailed the pace of construction in June as housing starts plummeted 12.3 percent. The Commerce Department said Wednesday that housing starts fell to a seasonally adjusted annual rate of 1.17 million from 1.34 million in May. June’s pace of construction was the lowest since September 2017. Housing starts plunged 35.8 … Continue reading WASHINGTON | US housing starts tumbled 12.3 percent in June

WASHINGTON | US retail sales rise at a healthy 0.5 percent pace in June

WASHINGTON — U.S. retail sales rose at a solid pace last month despite higher prices and modest wage gains, a sign of underlying consumer optimism. The Commerce Department said Monday that sales at retailers and restaurants increased 0.5 percent in June, following a big 1.3 percent gain the previous month. May’s figure was revised sharply … Continue reading WASHINGTON | US retail sales rise at a healthy 0.5 percent pace in June

NEW YORK | Builder optimism fades in June

NEW YORK (AP) — U.S. homebuilders lowered their confidence for sales prospects as lumber prices rise amid the threat of potentially costly tariffs. The National Association of Home Builders/Wells Fargo builder sentiment index released Monday fell two points to 68 in June. That’s down from a reading of 70 in May that snapped a four-month … Continue reading NEW YORK | Builder optimism fades in June

WASHINGTON | US pending home sales tick up in March for 2nd straight gain

WASHINGTON (AP) — Slightly more Americans signed contracts to buy homes in March, yet higher mortgage rates and a shortage of available houses are weighing on sales. The National Association of Realtors said Monday that its pending home sales index ticked up 0.4 percent last month to 107.6. It was the second straight increase, but … Continue reading WASHINGTON | US pending home sales tick up in March for 2nd straight gain

NEW YORK | Optimism among builders slides for fourth consecutive month

NEW YORK  | April 16, 2018 (AP)(STL.News)   Homebuilder confidence slid for the fourth consecutive month with steadily rising mortgage rates and sky-high home prices putting ownership out of reach for more and more Americans. The National Association of Home Builders/Wells Fargo builder sentiment index for April, released Monday, fell one point to 69. Any reading … Continue reading NEW YORK | Optimism among builders slides for fourth consecutive month