Shopping for cheaper insurance hits a new high as Americans seek relief from rising rates: J.D. Power
The rate at which drivers were given new auto insurance quotes increased by 13.1% in the first quarter of 2023 – the highest rate since June 2021. And the switch rate increased by 4.1%, according to J.D. Power report.
Today's best mortgage deal? 15-year terms stay below 6 percent | May 23, 2023
Check out the mortgage rates for May 23, 2023, which are mixed from yesterday.
Bud Light buying back unsold, expired beer from wholesalers as sales continue to suffer: report
The Wall Street Journal reported Anheuser-Busch will try to help struggling wholesalers amid Bud Light backlash.
America's debt hits new record of more than $17 trillion: NY Fed
Consumer debt reached a record of $17.05 trillion in Q1 2023. Many Americans still deal with high inflation and are seeking help from their financial institutions, reports say.
Today's mortgage rates are rising, but 15-year terms remain below 6 percent | May 22, 2023
Check out the mortgage rates for May 22, 2023, which are trending up from Friday.
Today's best mortgage deal? 15-year terms remain lowest available rate | May 19, 2023
Check out the mortgage rates for May 19, 2023, which are mixed from yesterday.
Peloton to offer rear safety guard for recalled Tread+ treadmill
Owners of Peloton’s Tread+ were told to stop using the product after a 2021 recall linked to a child’s death and other injuries.
Today's best mortgage deal? 15-year terms have the lowest rates | May 18, 2023
Check out the mortgage rates for May 18, 2023, which are mixed from yesterday.
Demand for used cars likely to grow as consumer seek affordability: Edmunds
Demand for more affordable cars is growing as high-interest rates and more expensive purchase prices are putting buying a new vehicle out of reach for many consumers, according to a recent Edmunds report.
Wendy's to test underground robot delivery for mobile orders
Instead of requiring employees to bring out mobile food orders, the robotic system is designed to transport the orders underground "in seconds," the fast food chain said.
Today's mortgage rates rise, but 15-year terms hold firm as lowest rate | May 17, 2023
Check out the mortgage rates for May 17, 2023, which are mixed from yesterday.
Target CEO: Retail theft may cost company over $1.2B this year
Target said it’s seeing an increasing number of violent incidents at stores, but doesn’t want to close stores because that hurts workers and the community.
Today's mortgage rates rise, but 10- and 15-year terms stay below 6 percent | May 16, 2023
Check out the mortgage rates for May 16, 2023, which are mixed from yesterday.
Fed's May interest rate hike could harm regional bank lending, mortgages, expert warns
The Federal Reserve's latest interest rate increase has been harmful to the balance sheets of small regional banks and has impacted their ability to lend, according to the National Association of Realtors.
3M fires executive over inappropriate conduct weeks after promotion
3M has fired prominent company executive Michael Vale due to “inappropriate personal conduct and violation of company policy,” the maker of Post-it notes, industrial coatings and ceramics announced on Monday.
Amazon to increase delivery speed while cutting costs
Amazon.com has overhauled its logistics network in an attempt to reduce how far packages have to travel in an attempt to speed deliveries.
Biden administration approves $42B in student loan forgiveness under updated PSLF program
The Department of Education has approved $42 billion in student loan forgiveness through recent changes to the PSLF program, designed to provide debt relief to borrowers in the non-profit, public service and governmental fields.
Today's mortgage rates begin to rise, but 15-year terms are still low | May 15, 2023
Check out the mortgage rates for May 15, 2023, which are trending up from Friday.
Mortgage rates dip on positive inflation data: Freddie Mac
The average rate for a 30-year fixed-rate mortgage dropped to 6.35% for the week ending May 11, according to Freddie Mac's Primary Mortgage Market Survey.
Gas prices decrease amid market uncertainty: AAA
Average gas prices dipped to $3.53 per gallon for the week ending May 11, 2023, AAA reported. The low cost of oil has kept gas prices on the decline despite a rise in gas demand, AAA said.