Shares of Affirm (AFRM) rose as much as 13% on Tuesday morning after news that the company would be adding buy now, pay later functionality to self-checkout lines at Walmart (WMT). Shoppers can already use Affirm to allocate payments for goods purchased on walmart.com, at the company’s auto centers, its vision centers and at regular … [Read more…]
Holiday inflation is hitting consumers hard this season Inflation remained nearly stable in November as lower gas prices and durable goods largely offset still-strong increases in services. Fox-32 Chicago The Federal Reserve is expected to keep interest rates steady on Wednesday, suggesting a nearly two-year streak of rate hikes could be coming to an end … [Read more…]
17 minutes ago Biggest riser: Royal Mail owner IDS rises 9% Shares in Royal Mail owner International Distributions Services rose more than 9% in early afternoon trading after Bank of America upgraded the stock to “buy” from “neutral” on the back of a promising recovery and a union agreement. 33 minutes ago Hargreaves Lansdown and … [Read more…]
UPDATE: 11:02 am Alaska Airlines’ takeover of Hawaiian Airlines will not result in any union job losses and the “majority” of its 1,400 non-union employees will be retained to manage the expanded service, the companies’ top executives say. The new company will retain and revamp the Alaska and Hawaiian Airlines brands, Peter Ingram, president and … [Read more…]
Sales of previously occupied U.S. homes plunged to their lowest level in more than 13 years in October as higher mortgage rates and rising prices deterred many would-be home buyers. However, according to new sales figures compiled by the Greater Chattanooga Association of Realtors, the decline in home sales in the Chattanooga market was not … [Read more…]