Feb 16, 2019 Last Updated 16:56 PM EST
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Does the presence of colleges and hospitals increase home prices?

Whether the presence of a college or hospital increases a home's value has to do with the institution's size and the ZIP code's population, says a new study by computer scientists at the University of California, Riverside.

In Other Stories

GM finds jobs for nearly 1,000 workers at soon to close plants

GM finds jobs for almost 1,000 workers at soon to close factories

GM finds jobs for almost 1,000 workers at soon to close factories
Dior

LVMH takes control of Christian Dior in mammoth deal

The French luxury group gains full control of the 70-year-old Parisian fashion house Christian Dior in a mammoth deal worth around €12.1 billion.
Burberry Beverly Hills flagship store

Burberry posts ‘lackluster’ results

UK luxury fashion retailer Burberry posts lackluster set of results for its second half following an impressive result in the third quarter, a retail analyst stated.
Amazon acquires Souq in a coming-of-age moment for e-commerce in the Middle East

Amazon acquires e-commerce platform Souq.com

Amazon executives did not disclose the value of the deal to which Goldman Sachs refer to as the "the biggest-ever technology M&A transaction in the Arab world."
American Airlines buys China Southern in $200 million stake as traffic booms

American Airlines to buy $200 million worth of shares in China Southern

The deal ties American Airlines, one of the three big carriers in the US, with one of China's big three state-run airlines.
Doha, Qatar skyline.

Qatar pushes £5 billion UK investment despite Brexit

Qatar claims that Brexit will have no impact on its investment efforts as the country is looking into the long-term view.
UK banks face new stress test scenario by the Bank of England

UK banks face new stress test scenario by the Bank of England

Bank of England prepares new stress test scenarios to be given to UK's biggest banks in preparation for any sudden slowdown in foreign interests in UK assets. The Brexit vote last year has triggered a sharp drop in the value of the pound.
New pound coin: hidden security features, problems and availability

New pound coin's hidden security features, problems and availability

The new 12-sided £1 coin comes into circulation on Tuesday with a hidden security feature that would stamp out fraud and counterfeiting.
Coffee strike for Starbucks, Wall Street runs on Dunkin'

Starbucks lags behind Dunkin's performance

Wall Street notes many people are starting to buy their drinks at Dunkin' Donuts instead of the popular caffeine company Starbucks. Dunkin' Brands' shares, which houses Dunkin' Donuts, went up 10 percent this year and 25 percent over the past 12 months.
More big brands pull ads from YouTube

More big brands pull ads from YouTube

The brands told reporters on Thursday that they were pulling either some or all of their ads from Google-partnered websites. This comes after they were being alerted that their ads were still appearing next to extremist videos even after when YouTube has apologized for the matter.
Investors pull out $8.9 billion from US stocks, most in 9 months

Investors pull out from US stock funds

Wall Street has been put on defensive mode ever since Donald Trump became the president of the United States. This led to investors pulling out $8.9 billion from US stock funds that ended on March 22 according to a research conducted by EPFR Global.
Apple worth $750 billion, risks that prevents it from becoming $1 trillion

Tech analyst notes key factors that could prevent Apple from becoming worth $1 trillion

The Cupertino-based company Apple's value is skyrocketing at the moment. With a valuation worth about three-quarters of a trillion dollars, the company is the best performer among tech companies. But a tech analyst notes three key factors that could prevent Apple from becoming worth $1 trillion.
Toyota plans £240 million investment in Burnaston plant

Toyota plans £240 million investment in Burnaston plant

Japanese automaker Toyota plans to invest £240 million in upgrading its car plant that makes the Auris and Aventis models.
Sears Holdings

Sears admits plan to avoid bankruptcy by selling brands may prove difficult

Sears Holdings Corp. admits overnight its ongoing survival is unlikely and its plan to avoid bankruptcy by selling off or licensing brands may prove difficult.
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Latest Stories

Visa and Mastercard plan to increase fees for processing transactions

Visa Inc and Mastercard Inc, the two biggest U.S. card networks, are preparing to raise certain fees levied on U.S. merchants for processing transactions from this April, the Wall Street Journal reported on Friday, citing people familiar with the matter.

Feel anxious? Have trouble sleeping? You may be traveling for business too often

People who travel for business two weeks or more a month report more symptoms of anxiety and depression and are more likely to smoke, be sedentary and report trouble sleeping than those who travel one to six nights a month, according to a latest study conducted by researchers at Columbia University's Mailman School of Public Health and City University of New York.

Trump declares emergency on southern border

President Trump said Friday he is declaring a national emergency on the southern border, tapping into executive powers in a bid to divert billions toward construction of a wall even as he plans to sign a funding package that includes just $1.4 billion for border security.

Mix Reactions over Amazon Retreat on Long Island City

Amazon's decision to abandon plans to build a new campus in Long Island City, Queens, has drawn cheers from several politicians, community organizers and other locals opposed to the expansion.

Wall Street heavyweights on Cortez's proposed 70% super-rich tax

One of the hottest topics at the World Economic Forum in Davos, Switzerland has been Alexandria Ocasio-Cortez's proposed 70% marginal tax rate on all income above $10 million.

Must Read

Does the presence of colleges and hospitals increase home prices?

Whether the presence of a college or hospital increases a home's value has to do with the institution's size and the ZIP code's population, says a new study by computer scientists at the University of California, Riverside.

The 2008 recession associated with greater decline in mortality in Europe

In recent decades, Europe has experienced a downward trend in the annual number of deaths. Not only was this trend not arrested by the economic recession that started in 2008, in fact, the rate of decline increased during the recession years.

'Unclonable' tag combats counterfeiters

Discovering that your new designer handbag or gold watch is a fake is costly and annoying, and counterfeit medical devices or drugs could have even more serious consequences. But seemingly as soon as manufacturers develop a new method to ensure product authenticity, counterfeiters find a way to outsmart it. Now, researchers have created an "unclonable" tag that can never be replicated, even by the manufacturer. They report their results in ACS Applied Materials & Interfaces.

When the insurance company monitors your driving in real time does it help?

The traditional model for setting auto insurance premiums has been to base rates on the motorist's driving history, age, gender and even marital status (in some states). Thanks to new technological options, insurance companies, and motorists have started to work together to give the insurance companies access to better data on an individual driver's risk level, and give the same driver a sense of greater control over how much he or she will pay in insurance premiums.

Can machine learning deliver critical market insight on consumer needs faster and cheaper?

Consumer brands have long used old-fashioned focus groups, interviews and surveys to best gauge consumer wants, desires and needs as part of processes that range from product development, to marketing and sales. As machine learning and artificial intelligence (AI) have emerged, there is an increasing interest in the ability to harness these solutions to save time and money, and to yield more reliable consumer insights.

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