Friday’s top personal finance stories.
: As consumers pull back on discretionary spending, what’s next for retail?
Retailers are ramping up their efforts in other, cheaper, areas.
: Biden had small cancerous lesion removed, White House doctor says
President Joe Biden’s health has been drawing attention as he is nearing an announcement about seeking another term amid some voters’ concerns over his age.
Crypto: What is Silvergate Capital, and why does it matter?
Silvergate Capital has been making headlines as the news of the delay in filing its annual report reverberated around the crypto industry and crypto prices dropped.
The Tell: Data shows investors running toward safety of cash as stock market stumbles, yields rise
Investors poured $68.1 billion into cash funds in the week to Wednesday as concerns over additional Federal Reserve rate hikes continue to rattle financial markets, according to EPFR data.
: Starbucks CEO Howard Schultz targeted in latest complaint to regulators about antiunion activity
Chief Executive Howard Schultz and other Starbucks Corp. higher-ups reportedly ran afoul of labor law last year when they met with employees.
Cannabis Watch: Oklahoma voters go to polls on adult-use cannabis measure
Oklahoma’s governor set a special vote for March 7 after a pot referendum was pulled off the November ballot.
: Ford seeks patent to repossess a car remotely — by locking owners out of their cars and cutting off AC
Ford Motor Co. has applied for a patent to make remote car repossessions nearly seamless for lenders, and deeply unpleasant for car owners in default.
Market Extra: U.S. companies embark on record borrowing spree, despite paying highest rates since 2009
Higher interest rates aren’t deterring companies with high credit ratings from borrowing in the U.S. corporate bond market at a record clip in 2023.
Key Words: Nikki Haley tells CPAC audience she ‘can’t believe that Biden is letting China get away with so much’
Republican presidential hopeful Nikki Haley speaks at the annual Conservative Political Action Conference that’s taking place just outside Washington, D.C.
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