ETFs pace for a record year — here are the funds seeing the highest inflows

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ETFs pace for a record year — here are the funds seeing the highest inflows

ETFs are tracking for a record year. So far in 2020, roughly $252 billion has flown into exchange-traded funds, according to ETF.com. That’s up from the $153 billion ETFs had accrued year to date by this time in 2019 and puts the industry on track to beat its …
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FHA mortgage delinquencies hit record high

Federal Housing Administration mortgages—the affordable path to homeownership for many first-time buyers including minorities and low-income Americans—now have the highest delinquency rate in at least four decades. The share of late FHA loans rose …
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One-Fifth of USA Pizza Hut Locations to Be Sold or Closed by Bankrupt Franchisee

Long-term troubles with Yum! Brands’ (NYSE:YUM) Pizza Hut chain came to a head today in the announced sale or closure of roughly 20% of its U.S. restaurants, according to Business Insider. NPC International, a franchisee operating 1,227 Pizza Huts along …
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Walmart Sets New Pandemic Store Hours

The pandemic continues to change food and other types of retail, with the latest example coming from Walmart. The retail chain said that it has expanded store hours for more than 4,000 of its 4,700 stores, with closing times now at 10 p.m. instead of 8:30 p.m., …
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The S&P 500 could hit its first record since the pandemic started

New York (CNN Business) Wall Street is close to a record on Monday, as investors are apparently unfazed by the collapsed stimulus negotiations in Washington, renewed US-China tensions and the ongoing pandemic. The S&P 500 (SPX) is once again close …
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