Misconceptions abound about 40-year mortgages, higher fees for people with good credit and an imminent housing crash.
: Mamma mia, here they go again. War and inflation on the pricey road to Eurovision Song Contest in 2023.
Eurovision will crown a winner on Saturday, and the multiple winning Swedes might just do it again. But is it worth the cost?
Key Words: ‘Trading hours haven’t changed since the ’80s’: Robinhood’s Tenev talks about 24-hour stock trading as skeptics question need
Robinhood’s Vlad Tenev says move to 24-hour trading for individual stocks is overdue. Skeptics see no need.
Market Extra: Pakistani rupee falls to record low as civil unrest compounds country’s problems
The Pakistani rupee tumbled to a record low on Thursday as the military clashed with protesters in the country of more than 200 million people following the arrest of former prime minister, Imran Khan.
Futures Movers: Oil futures settle at their lowest in a week, as recession worries pull prices down a second day
Oil futures settle at their lowest in a week on Thursday, with ongoing worries about a potential recession pulling U.S. and global benchmark crude prices down a second day in a row.
The Fed: Fed’s Kashkari watching interplay between inflation, interest-rates and banks
Minneapolis Fed President Neel Kashkari said Thursday he was watching the intersection of inflation, interest-rate policy and then the impact on banks.
: Regulators find ‘unacceptable’ flaws in audit papers for Chinese companies listed on U.S. exchanges
U.S. regulators have released inspection reports of Chinese auditors. They found “unacceptable rates” of deficiencies in the audit process.
The Human Cost: Would you pay $2,000 a month for child care? These parents reached breaking point: ‘That’s more than our mortgage’
‘Daycare is so exorbitantly expensive. It’s such a hit to our household budget,’ one mother told MarketWatch.
: Microsoft employees won’t be getting salary increases this year
Microsoft Corp. will put a pause on salary increases this year as it deals with a tougher economic climate.
: Peloton is recalling 2 million exercise bikes due to injury risks and its stock is slipping
Peloton Interactive Inc. plans to recall 2.2 million exercise bikes due to injury risks and offer a replacement seat that users can install themselves.
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