Peloton cutting over 700 jobs, raising prices on Bike+, Tread
The fitness giant will also reduce its North American retail footprint and eliminate its final mile distribution network.
This is how many shoppers use credit cards for BNPL purchases: survey
Buy now, pay later users are struggling to make their payments. This is how many are using using a credit card to do so.
Economists question whether US is currently in a recession
Economists are questioning if the U.S. could be in a recession after the most recent employment report showed strength in the job market.
Personal loan interest rates continue to climb: 3-year loans still lower than this time last year
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Mortgage rates rise again, showing that rate volatility persists, Freddie Mac says
Mortgage rates crept up past 5% again, showing that volatility remains persistent, Freddie Mac said.
Today’s mortgage rates: Buyers get another chance to grab a sub-5% rate | August 11, 2022
Check out the mortgage rates for August 11, 2022, which are mixed from yesterday.
Inflation hits 8.5% annually in July, monthly rate remains unchanged
Inflation decreased annually in July and held steady on a monthly basis, according to the Bureau of Labor Statistics, leading some economists to say it may have peaked as gas prices begin to fall.
Good news: 10-year private student loan interest rates tumble
The latest private student loan interest rates from the Credible marketplace, updated weekly.
Home price growth in May remains strong but decelerated from ‘very high levels’: Case-Shiller
Home prices continued to surge in May but moderated slightly from the month prior, according to Case-Shiller. And they could slow further in the year ahead.
Today’s 20-year mortgage rates climb past 30-year rates | August 10, 2022
Check out the mortgage rates for August 10, 2022, which are mixed from yesterday.
Elon Musk sells $7B in Tesla shares ahead of Twitter fight
Elon Musk has sold nearly $7 billion worth of shares in Tesla as the billionaire gets his finances in order ahead of his court battle with Twitter.
Buyers, get moving: 30- and 20-year mortgage rates sink to 5% | August 9, 2022
Check out the mortgage rates for August 9, 2022, which are largely down from yesterday.
Inflation and recession risk mean buy now, pay later isn't going anywhere: report
Consumers are continuing to use buy now, pay later to make purchases, even as recession risk grows, according to a new report.
Today’s mortgage refinance rates: 20-year rates dip to 5% | August 9, 2022
Check out the mortgage refinancing rates for August 9, 2022, which are mixed from yesterday.
Biden signs bill to boost US chip manufacturing to better compete with China
Biden signed the CHIPS Act, a $280 billion bipartisan bill to increase domestic high-tech manufacturing to boost U.S. competitiveness over China.
Personal loan rates tick up: 3-year loans still lower than same time last year
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Today’s best mortgage deal? 15-year rates are the lowest available | August 8, 2022
Check out the mortgage rates for August 8, 2022, which are up from last Friday.
Toys R Us reopens in 9 states, more locations 'coming soon'
All Toys R Us locations across the U.S. will be complete in time for holiday shopping season.
Job growth surged in July, recovering all employment lost during pandemic
The employment report from July showed job gains were significantly higher than economists expected.
30-year mortgage rate drops back below 5% mark
The 30-year mortgage rate dipped back below the 5% mark this week, according to Freddie Mac.