Bank deposit rates are the highest in a decade and a half. That’s good news for savers, but bad news for lenders as they prepare to release thei...
Tag: Economy
Second quarter earnings season begins in earnest this week, and the forecast is rather bleak. Expectations are for earnings to decline for a thir...
The US economy added 209,000 jobs in June, missing Wall Street estimates and reflecting a slowdown from the previous month, data from the Bureau ...
Home affordability took another hit this week as mortgage rates neared 7%, forcing many buyers to stick to the sidelines. The rate on the 30...
A looming rent increase in New York City is poised to force the most vulnerable renters onto the streets at a time when eviction rates nationwide...
It has been a hell of a year so far. Three regional banks collapsed, the United States came close to defaulting on its debt for the first time in...
Walgreens expects to close 150 locations in the United States and 300 locations in the United Kingdom, Walgreens Boots Alliance CFO James Kehoe s...
Surprises for investors have come from a few places this year. For starters, I would wager most people sitting on gains in Nvidia, Microsoft and ...
The pharmacy chain is cutting costs as the economy weakens. Closing stores is a fact of life for retailers. But some closings should worry consum...
Homebuilder stocks have been on a tear — and rightly so, according to one analyst — which could be a good omen for the economy. "More than anythi...