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Banking: Kennedy Wilson lines up Fairfax Financial as buyer of PacWest loan portfolio

Fairfax to pay $2.1 bln for construction loans from Kennedy Wilson's previously-announced acquisition of PacWest loans.

: Circor’s stock rockets after buyout deal with KKR valued at $1.6 billion, including debt

Circor's stock rocketed Monday after the flow-control-products company announced a $1.6 billion cash deal to be acquired by KKR.

Economic Report: April U.S. factory orders rise for fourth gain in five months

Orders for manufactured goods rose 0.4% in April, the Commerce Department said Monday.

Economic Report: Businesses hit a wall, ISM finds. ‘Everything seems to have leveled off: not getting any worse, not getting any better’

Most U.S. businesses grew at a slower pace in May as customer demand leveled off, a new survey showed. The ISM services index fell to a 5-month low of 50.3%.

The Ratings Game: Target’s stock downgraded by KeyBanc Capital — but it’s not because of its LGBTQ+ merchandise

The problem is student loan repayments, which are slated to resume later this year.

Market Snapshot: U.S. stocks mostly higher with S&P 500 on verge of exiting bear market

U.S. stocks trade mostly higher, having rallied in recent sessions on the removal of fears of a U.S. debt default.

The Moneyist: ‘How to travel for free’: I spent $500 hosting my friend for a week. Should she have paid for food and utilities?

‘She binged on food, mainly junk food, and I had to foot the cost.’

: Investors are building a record number of homes — solely to rent out. Will this hurt aspiring homeowners?

The construction of single-family homes built by investors solely for the rental market is forging full steam ahead.

The Moneyist: ‘I’m 63 and desperately hate my work’: Should I pay off my mortgage, claim Social Security and quit my job?

"I’d like to start over, maybe start a business and live out my days doing something I like."

Futures Movers: Oil prices jump more than 2% after Saudi Arabia sets July production cut

Oil futures trade with strong gains Sunday evening, after Saudi Arabia announces it will cut production by another 1 million barrels a day in July.

Retire Better: The debt-ceiling deal hurts Social Security. Here’s why.

The one who may pay a price down the road for an underfunded IRS could be you.

: Whom do you blame for high house prices? Nearly half of young Americans are pointing a finger at the government.

"Younger Americans are experiencing a sense of fear of missing out when it comes to owning a home," expert says.
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