Stocks making the biggest moves premarket: Foot locker, Dillard’s, Farfetch and others
Check out the companies making headlines before the bell: Foot Locker (FL) – Foot Locker slid 3.6% in the premarket after the athletic footwear and apparel retailer said it expects global supply chain constraints to persist through this quarter. The...
Is your financial advisor overcharging you? Here are ways to protect yourself
DjelicS | E+ | Getty Images Some financial advisors may be overbilling for their services. Fortunately, there are steps a client can take to protect themselves. A recent Securities and Exchange Commission investigation of advisors’ fees found several errors that...
Jobless claims little changed in potential sign that layoffs have hit a plateau
First-time claims for unemployment insurance were little changed over the past week, indicating the heightened pace of layoffs during the pandemic may have hit a plateau, the Labor Department reported Thursday. Initial filings for the week ended Nov. 13, totaled...
‘Criminals love buy now, pay later’: How fraudsters exploit popular interest-free payment plans
The Klarna logo displayed on a phone screen. Jakub Porzycki | NurPhoto | Getty Images LONDON — Buy now, pay later services aren’t just popular among consumers. They’re also proving to be a hit with criminals. Fraudulent activity is on...
Mortgage refinance demand continues its free fall, as interest rates rise again
Rising mortgage interest rates continue to take their toll on demand, especially in the refinance market. Total mortgage application volume fell 2.8% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average...
Biden calls on FTC to probe anti-consumer behavior by energy companies as gas prices soar
US President Joe Biden speaks during an event to commemorate Veterans Day at The Tomb of the Unknown Soldier at Arlington National Cemetary in Arlington, Virginia on November 11, 2021. Nicholas Kamm | AFP | Getty Images President Joe Biden...
Ignore ‘hysterical people’ — inflation is not here to stay, economist says
A breakdown of the latest U.S. data indicates that inflation is confined to certain sectors and will not pose a threat to the recovery, according to Carl Weinberg, chief economist at High Frequency Economics. U.S. CPI inflation came in at...
Stock futures are mostly flat ahead of more retail earnings reports
Stock futures were mostly flat in overnight trading Tuesday ahead of earnings reports from big-box retailers Target and Lowe’s. Futures on the Dow Jones Industrial Average added about 35 points. S&P 500 futures were little changed and Nasdaq 100 futures...
Rent for single-family homes surged 10% in September, boosted by pricey for-sale market and job growth
Rents for single-family homes increased 10.2% nationally in September year over year, up from a 2.6% rise in September of last year, according to a new report from CoreLogic. Improved job growth and sky-high prices in the for-sale housing market...
Retail sales rise faster than expected in October even as inflation pushes prices higher
Shoppers search for clothing at Uniqlo Retail Clothing Company November 12, 2021 in New York City. Robert Nickelsberg | Getty Images U.S. shoppers accelerated their level of spending in October even as the prices of goods jumped at their fastest...
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