Shares of furniture retailer Herman Miller soar 35% as home office sales surge

Shares of furniture retailer Herman Miller soar 35% as home office sales surge

Shares of Herman Miller are soaring after a blowout earnings report. The office furniture retailer said its home office category increased 300% since last year amid the work-from-home trend. “They reported a completely blowout quarter last night. Why?
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US long-term mortgage rates change little; 30-year at 2.87%

WASHINGTON — U.S. average rates on long-term mortgages changed little this week as they hover at historically low levels. Mortgage buyer Freddie Mac reported Thursday that the average rate on the 30-year home loan edged up to 2.87% from 2.86% last …
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Nearly 25 per cent of Canadian credit card holders missed a monthly payment this spring

TORONTO — Nearly one in four customers of the major credit-card companies were unable to make monthly payments this spring, according to a survey released on Thursday by J.D. Power. J.D. Power’s May and June survey of more than 6,700 …
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Sliding banks put an end to European stocks' winning streak

(Reuters) – European shares broke a four-day winning run on Thursday, with banks reeling from the prospect of near-zero interest rates for a prolonged period, while a technology stock sell-off continued on Wall Street, piling pressure on European tech shares …
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Johnson & Johnson charged by New York with civil insurance fraud over opioid claims

NEW YORK (Reuters) – New York state filed civil charges on Thursday accusing Johnson & Johnson of insurance fraud for downplaying the risks of opioid painkillers, including to doctors and elderly patients. Slideshow ( 2 images ). J&J and its Janssen …
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