Articles

Home prices are overvalued in 88% of the U.S., Fitch says

U.S. home prices were overvalued in 88% of the nation's metro areas, according to a new report by Fitch Ratings.

As the economic burden of family caregiving rises, here’s how employers can help

As the population ages and care needs increase, the economic burden will rise, and companies must face the challenges of supporting family caregivers.

Nike’s stock is having its best month in more than a year ahead of earnings

While Wall Street is generally upbeat about Nike's recent performance, that could leave the stock vulnerable when the results are released.

Rite Aid is in trouble after its use of AI to stop shoplifting falsely flagged large numbers of women and people of color

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U.S. mortgage rates fall for eighth week in a row, drawing buyers off the sidelines

The 30-year mortgage rate is averaging at 6.67%, Freddie Mac said in its latest weekly survey on Thursday.

Companies are trading pre-IPO stocks as a new asset class

Forge Global is one marketplace that's buying and selling stock only available to investors, founders and employees of private companies.

Worried about running out of money in retirement? This author says your panic can help you.

In a new book, Farnoosh Torabi says to use your financial fears to your advantage.

Why 2023 was a tough year for commodities even as gold and orange-juice prices hit records

Gold and frozen orange-juice futures prices hit record highs in 2023, but key commodities indexes are on track to post their largest losses in five years.

Dutch Bros added to ‘best ideas’ stock list while Chipotle and Wendy’s draw downgrade to neutral at Wedbush

Dutch Bros Inc. was added to Wedbush's best-ideas list on Thursday as part of a short series of ratings actions in the restaurant sector.

Carnival’s stock is having a record year as cruise demand keeps increasing

Carnival's stock extended its record 2023 rally Thursday after the cruise operator produced yet another quarter of record results as demand for cruises keeps strengthening.

Economy still appears headed for recession, U.S. leading index signals

The leading economic index declined 0.5% in November and fell for the 20th month in a row, and continued to signal a recession ahead

Philadelphia Fed manufacturing gauge weakens further in December

The Philadelphia Fed said Thursday its gauge of regional business activity fell to negative 10.5 in December from negative 5.9 in the prior month. Any reading below zero indicates deteriorating conditions.
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