Improvement in coronavirus mortgage bailout stalls, as more borrowers struggle to make payments

·

·

Improvement in coronavirus mortgage bailout stalls, as more borrowers struggle to make payments

As of August 25, 3.9 million homeowners were in mortgage forbearance programs, according to Black Knight, a mortgage technology and analytics firm. This represents 7.4% of all active mortgages and is unchanged from the week before. A reduction of …
See Original Article

Stocks making the biggest moves in the premarket: Coca-Cola, Big Lots, Gap, Workday & more

Take a look at some of the biggest movers in the premarket: Coca-Cola (KO) – The beverage giant announced a reorganization which will see the current 17-unit business structure changed to nine business units. The realignment will result in an …
See Original Article

Bayer Stock Falls as $11 Billion Roundup Settlement Hits 'Bumps in The Road'

Bayer stock slipped close to 3% on Friday, after the German chemicals giant said its proposed $11 billion Roundup settlement had hit “bumps in the road.” U.S. District Judge Vince Chhabria threatened to restart litigation against Bayer after it emerged in court …
See Original Article

What Is a Stock Split and How Does It Affect Your Portfolio?

The stock splits of Apple Inc. AAPL -1.20% and Tesla Inc. TSLA 3.97% take effect Monday. These change the stock price and not much else, but they can be confusing anyway. Stock splits rarely happen these days. Once nearly a given when shares topped …
See Original Article

Consumer spending slows in July as economic recovery loses some momentum

The numbers: Americans increased spending in July for the third month in a row, but at a much slower pace in a sign that an economic rebound from the coronavirus pandemic lost some steam. Personal spending rose 1.9% last month, the government said …
See Original Article



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.