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‘What’s the f—ing point’: With mortgage rates above 7%, home buyers are still getting outbid by all-cash offers
In spite of mortgage rates exceeding 7%, prospective home buyers face intense bidding wars over a small pool of homes listed for sale.
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This market rally could carry stocks to new all-time highs
Buy signals are appearing, but an oversold bounce can’t be ruled out.
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AMC is gaining market share, but debt sparks analyst concern
AMC, the movie-theater chain that obtained meme-stock status, has billions of dollars in debt due in the next few years.
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Coach, Kate Spade parent’s stock bounces back, as profit beat offsets sales miss
Tapestry’s stock reversed an early selloff to trade higher Thursday, after the fashion company reported fiscal third-quarter profit that beat expectations, to offset another revenue miss.
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‘My brother and sister are villains’: My siblings took control of my late mother’s estate and won’t reveal the contents of her trust. What should I do?
“They were always thick as thieves, and we were never what you would call close, but I never would have suspected them of this.”
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Stock-market investors fear a consumer slowdown. Keep an eye on gasoline demand.
Investors are monitoring gasoline demand as they fret about the toll inflation is taking on consumers.
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Tesla’s head of product launches quits after seven years—and takes a swipe at Elon Musk on his way out the door
Otto Rich said morale has been crushed by recent layoffs and harmony is out of balance.
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Federal student loan interest rates set to be highest in more than a decade
Students heading to college this year could wind up paying more for their schooling than those in the recent past. That’s because federal student loan interest rates are set to be the highest they’ve been in more than a decade.
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The feds are scrutinizing credit-card rewards. That could help frequent fliers get more out of their miles.
The Department of Transportation and the Consumer Financial Protection Bureau are exploring possible regulation of the credit-card rewards system and the frequent-flier programs linked to them, officials said at a joint hearing held by the DOT and CFPB on Thursday.
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Cronos’s stock leaps as strong cannabis-flower sales lead to record revenue
Shares of Cronos Group Inc. traded sharply higher Thursday after the cannabis company, citing strength in flower sales, reported first-quarter revenue that rose to a record and beat expectations.