Bank earnings fell 11.3% in the second quarter due to the impact of three bank failures, and they will continue to face headwinds from commercial real estate, FDIC said.
Economic Report: The ‘housing market appears to be stuck,’ as mortgage rates stay over 7%
The 30-year mortgage rate is averaging 7.12%, Freddie Mac said in its latest weekly survey.
: Medicare patients paid 4 times as much as their drug plans for certain medicines, study finds
People with diabetes, asthma, and other conditions often pay higher prescription costs that effectively subsidize healthier plan enrollees, researchers say
: Boeing 737 Max deliveries for the year at ‘low end’ of guidance, CFO says
Deliveries of Boeing 737 Max aircraft for the year will be at the “low end” of guidance, a top executive at the company says.
In One Chart: Why crude-oil rally can’t be ignored by investors — or the Fed
Oil prices appear to be feeding into key inflation measures in a manner similar to the 1970s, says DataTrek Research.
The Ratings Game: GameStop’s demise could come ‘later this decade,’ Wedbush warns
GameStop faces an “existential threat,” according to Wedbush analyst Michael Pachter.
: Homeowners locked into ultralow mortgage rates consider short-term rentals, but cities are cracking down
Financial considerations and interest rates are a key reason some homeowners are choosing to rent their homes rather than sell.
: Mullen Automotive’s stock sinks toward another record low after Nasdaq’s delisting determination
Mullen Automotive’s stock continued its slide into record-low territory Thursday after the electric-vehicle maker received a delisting determination.
: Want to retire, but need to keep working? Sometimes you can’t do either.
Physically demanding jobs could put retirement at risk for some U.S. workers, new research suggests.
Help Me Retire: I’m 58, rent a part of my house, have a physical job with ‘serious aches and pains’ and want to retire. Can I?
Have a question about your own retirement savings? Email us at HelpMeRetire@marketwatch.com
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