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GameStop reports lower revenue and sharp drop in cash

GameStop reports lower revenue and sharp drop in cash

A screen displays GameStop’s logo and business information on the floor of the New York Stock Exchange (NYSE) on March 29, 2022. Brendan McDermid | Reuters GameStop said Wednesday that its sales in the third fiscal quarter fell and its cash flow fell sharply, as the bricks-and-mortar retailer worked to expand its digital presence. During …

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Benchmark diesel's 17.4 cent drop comes amid broad market decline

Benchmark diesel’s 17.4 cent drop comes amid broad market decline

The benchmark price for most diesel surcharges has fallen the most in a week since the early days of the 2009 financial crisis, with physical markets suggesting further declines are ahead. Since October 2009, the Department of Energy/Energy Information Administration’s weekly diesel price has not fallen as much as the 17.4 cents it fell on …

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Mortgage rates drop for third straight week as inflation fears ease |  CNN Business

Mortgage rates drop for third straight week as inflation fears ease | CNN Business

Editor’s note: Freddie Mac, which has tracked weekly average mortgage rates since 1971 and has periodically made changes to its primary mortgage market survey, changed the source of its data effective November 17, 2022. Instead of surveying lenders, weekly results will be based on applications received from lenders that are submitted to Freddie Mac. Learn …

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Live stock market news updates: Stocks drop on China COVID concerns, economic data

Live stock market news updates: Stocks drop on China COVID concerns, economic data

U.S. stocks edged lower on Tuesday as Wall Street continued a slow start to the week as investors continued to watch China’s COVID policy and anticipate Federal Reserve Chairman Jerome Powell’s expected speech. The S&P 500 (^GSPC) fell 0.2%, while the tech-heavy Nasdaq Composite (^IXIC) fell 0.6%. The Dow Jones Industrial Average (^DJI) was virtually …

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There's Still Time to Save: Today's 30-Year Mortgage Rates Drop to 6.375% |  November 22, 2022

Savings Window Opens: Today’s 30-Year Mortgage Rates Drop to 6.125% | November 29, 2022

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own. Check out the November 29, 2022 mortgage …

Savings Window Opens: Today’s 30-Year Mortgage Rates Drop to 6.125% | November 29, 2022 Read More »

There's Still Time to Save: Today's 30-Year Mortgage Rates Drop to 6.375% |  November 22, 2022

Savings Window Opens: Today’s 30-Year Mortgage Rates Drop to 6.125% | November 29, 2022

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own. Check out the November 29, 2022 mortgage …

Savings Window Opens: Today’s 30-Year Mortgage Rates Drop to 6.125% | November 29, 2022 Read More »

There's Still Time to Save: Today's 30-Year Mortgage Rates Drop to 6.375% |  November 22, 2022

There’s Still Time to Save: Today’s 30-Year Mortgage Rates Drop to 6.375% | November 22, 2022

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own. Check out the November 22, 2022 mortgage …

There’s Still Time to Save: Today’s 30-Year Mortgage Rates Drop to 6.375% | November 22, 2022 Read More »

US retailers face first real sales drop since financial crisis

US retailers face first real sales drop since financial crisis

U.S. retailers are facing their first real revenue drop since the global financial crisis this holiday season, even as resilient consumer spending poses challenges for officials seeking to tame inflation. Black Friday, the informal start of peak shopping season, falls at a turning point for consumer spending this week as the highest inflation since the …

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