Sales of previously owned homes declined in February as rising mortgage-interest rates and a shortage of homes for sale made it difficult for buyers to compete. Existing-home sales fell 7.2% in February from the prior month to a seasonally adjusted annual rate of 6.02 million, the National Association of Realtors said Friday. February sales fell … Read more
US stocks closed higher Friday, with all three major indexes notching their best weekly performance since November 2020, as investors took the Federal Reserve’s interest rate hike and uncertainty over the Russia-Ukraine war in stride. Volatility in markets has become the norm this month as investors struggle to forecast economic growth and corporate profitability amid … Read more
US stocks closed higher Friday, with all three major indexes notching their best weekly performance since November 2020, as investors took the Federal Reserve’s interest rate hike and uncertainty over the Russia-Ukraine war in stride. Volatility in markets has become the norm this month as investors struggle to forecast economic growth and corporate profitability amid … Read more
The biggest credit-reporting firms will strip tens of billions of dollars in medical debt from consumers’ credit reports, erasing a black mark that makes it harder for millions of Americans to borrow. Equifax Inc., EFX 0.89% Experian EXPGY 1.50% PLC and TransUnion TRU -1.23% are making broad changes to how they report medical debt beginning … Read more
The biggest credit-reporting firms will strip tens of billions of dollars in medical debt from consumers’ credit reports, erasing a black mark that makes it harder for millions of Americans to borrow. Equifax Inc., EFX 0.13% Experian EXPGY 0.62% PLC and TransUnion TRU -1.06% are making broad changes to how they report medical debt beginning … Read more
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest and greatest in digital assets this week so far. Find me on Twitter at @FranceYue_ to send feedback or tell us what you think we … Read more
Text size Alibaba stock notched its best-ever one-day gains on Wednesday. Qilai Shen/Bloomberg Investors in Chinese stocks, long-accustomed to pain, have just seen an astonishing turnaround. What comes next? Shares in Chinese tech giants Alibaba (ticker: BABA) and JD.com (JD) both notched eye-watering gains on Wednesday, climbing 37% and 39%, respectively. It was, by far, … Read more