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From CoreLogic: CoreLogic Reports 78,000 Single-Family Properties Regained Equity in the Third Quarter of 2019CoreLogic® today released the Home Equity Report for the third quarter of 2019. The report shows that U.S. homeowners with mortgages (which account for roughly 64% of all properties) have seen their equity increase by 5.1% year over year, representing a gain of nearly $457 billion since the third quarter of 2018. From the second quarter of 2019 to the third quarter of 2019, the total number of mortgaged homes in negative equity decreased by 4% to 2 million homes or 3.7% of all mortgaged properties.The number of mortgaged properties in negative equity decreased...

Exxon (NYSE:XOM) has emerged victorious from its climate change fraud case, according to Bloomberg—a case that the New York Office of Attorney General was desperate to win, claiming that Exxon misled its shareholders over exactly how much climate change would cost the company. The New York Office of Attorney General was desperate to win, claiming that Exxon misled its shareholders over exactly how much climate change would cost the company. The New York Supreme Court Justice Barry Ostrager today ruled, however, that Exxon did not mislead its shareholders, ending Exxon’s 4-year long battle. “The office of the Attorney General failed to prove, by a preponderance of the evidence, that ExxonMobil made any material misstatements or omissions about its practices and procedures that misled any reasonable investor," the judge’s ruling read in part....

Major Asian markets were mixed on Tuesday as Chinese inflation data showed a surge in consumer prices in November. In Japan, the Nikkei 225 lost 20.51 points, or 0.1%, to 23,410.19, Shares of game maker Nintendo surged 2.9% as the firm officially launched its Switch console in China. The Japanese yen traded at 108.61 per U.S. dollar after strengthening from levels above 109.6 last week. In Hong Kong, the Hang Seng Index dropped 58.11 points, or 0.2%, to 26,436.62. The Australian dollar changed hands at $0.6828 after seeing an earlier low of $0.6816.CHINA In Shanghai, the CSI 300 recovered 4.93 points, or 0.1%, to 3,900.38, as shares of China Postal Savings Bank rose 2% in their Shanghai debut. Chinese consumer inflation jumped in November, according to data released by...

Stock futures are pointing to a lower open for Canada's main stock index on Monday, as crude prices slipped on weak China export data.The TSX Composite Index jumped 142.05 points to end Friday and the week at 16,996.97. On the week, the index lost 43 points, or 0.25%, however. The Canadian Canadian dollar shed 0.01 cents U.S. to 75.46 cents early Monday. December futures were down 0.1% Monday. Mexico would accept a U.S. demand on steel in the United States-Mexico-Canada Agreement if the rule took effect at least five years after the trade pact's ratification, Mexican Foreign Minister Marcelo Ebrard said on Sunday. Canopy Growth Corp named Chairman David Klein as its chief executive officer, firming up the control of major shareholder Constellation Brands...

From the BLS: Total nonfarm payroll employment rose by 266,000 in November, and the unemployment rate was little changed at 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in health care and in professional and technical services. Employment rose in manufacturing, reflecting the return of workers from a strike. The change in total nonfarm payroll employment for September was revised up by 13,000 from +180,000 to +193,000, and the change for October was revised up by 28,000 from +128,000 to +156,000. With these revisions, employment gains in September and October combined were 41,000 more than previously reported. In November, average hourly earnings for all employees ...

The Bone Spring formation has been one of the most prolific shale plays in the Permian in recent years and continues to drive production growth. The Bone Spring formation has been one of the most prolific shale plays in the Permian in recent years and will continue to drive the Permian basin’s shale production growth, the U.S. Energy Information Administration (EIA) said on Wednesday. Before hydraulic fracturing, Bone Spring was a target for conventional oil. After the introduction of fracking and horizontal drilling across U.S. shale plays, production from the Bone Spring formation has risen significantly, and it is now one of the fastest developing unconventional plays in the United States, the EIA said in a report on the Permian’s...

Futures for Canadian stock indexes rose on Wednesday, as oil prices gained in the run-up to meetings where the Organization of the Petroleum Exporting Countries and its allies are expected to extend output cuts. Moreover, investors awaited the central bank's decision on interest rates. The TSX Composite Index crumbled 89.29 points to conclude Tuesday at 16,892.18. The Canadian dollar gained 0.1 cents to 75.34 cents U.S. early Wednesday. December futures gained back 0.2% Wednesday. Royal Bank of Canada missed estimates for quarterly profit on Wednesday, as equity trading weakened and also set aside more funds to cover bad loans.National Bank of Canada's fourth-quarter profit beat analysts' expectations on Wednesday, helped by growth across segments. Canadian Natural Resources expects to spend $4.05...

Canada's main stock index fell for a third session on Tuesday after U.S. President Donald Trump said a U.S.-China trade deal might not be reached until after the 2020 U.S. presidential elections.

The TSX Composite Index was in the minus column 118.14 points, to greet noon Tuesday at 16,863.33. The Canadian dollar squeezed 0.04 to 75.19 cents U.S. The largest percentage gainers on the TSX were Ero Copper, advancing $1.26, or 6.2%, to $21.76, and SSR Mining, which jumped 95 cents, or 4.5%, to $22.05. Hudson's Bay Co fell 51 cents, or 5.2%, the most on the TSX, to $9.23, after the retailer's special committee said an unsolicited bid by private equity firm Catalyst Capital Group was not "superior" to an agreed upon deal with a consortium led by its executive chairman. ...

The Canadian dollar traded quietly in Asia and Europe but started to sink in early Toronto trading. The catalyst for the move was a series of tweets from U.S. President Trump, which reawakened fears of slowing global growth from trade tensions. Trump belittled the Fed and aimed his tariff cannon at Brazil and Argentina. He tweeted "Brazil and Argentina have been presiding over a massive devaluation of their currencies. which is not good for our farmers. Therefore, effective immediately, I will restore the Tariffs on all Steel & Aluminum that is shipped into the U.S. from those countries. The Federal Reserve should likewise act so that countries, of which there are many, no longer take advantage of our strong dollar by further devaluing their currencies. This makes it very hard for our manufactures & farmers to fairly export their goods. Lower Rates & Loosen - Fed!".And he also...