MIAMI -- A new study analyzing U.S. residential property loan originations in the first quarter of 2017 shows that unmarried co-borrowers accounted for 40.2 percent of single-family home sale loans in Miami -- more than any other city in the U.S.
Rounding out the top five cities in the study by ATTOM Data Solutions were Seattle (37.4 percent), ...Read more
CHICAGO -- Certain kinds of people thrive at Kraft Heinz, one of the most ambitious and polarizing companies in the American food industry.
They're the types who can keep their desk clutter-free save for no more than two personal items, per company policy. The types who get amped up gazing upon charts of sales data posted on the walls at both ...Read more
Two years after cheating on emissions tests catapulted Volkswagen into a global crisis, the automaker is again selling cars with diesel engines in the U.S., but the German brand's signature offerings won't be around too much longer.
Customers lined up to buy 2-year-old Volkswagen diesel cars when the automaker unexpectedly resumed sales in ...Read more
How soon is soon?
Federal Reserve decision-makers say they are ready to raise their target short-term interest rates "soon," according to minutes of their most recent meeting. A significant piece of data helping investors anticipate the timing of any change will be released on Friday in the week ahead.
While the next Federal Reserve interest ...Read more
SAN FRANCISCO -- Facebook chief executive Mark Zuckerberg told Harvard graduates Thursday that they need to help others find purpose in a world where machines are taking away steady jobs and communities aren't as stable, leading to isolation and nationalism instead of people coming together globally to solve problems.
"When our parents ...Read more
Wells Fargo & Co. may have to cough up more than $142 million to settle a bevvy of class-action lawsuits in connection with its unauthorized-accounts scandal.
A federal judge in San Francisco said late Wednesday that he would approve a settlement deal reached by the bank and plaintiffs' attorneys but only if they agree to several conditions, ...Read more
SEATTLE -- Costco shares were up about 2 percent in after-hours trading Thursday after the warehouse giant reported third-quarter earnings that beat Wall Street expectations and showed solid increases in same-store sales.
Costco's earnings per share for the quarter that ended May 7 were $1.59, up 28 percent from the same quarter a year ago.
MINNEAPOLIS -- Best Buy's shares surged 20 percent by midday Thursday and were on pace to hit an all-time high, signifying just how impressed investors were that the retailer was able to find sales growth amid an otherwise gloomy retail landscape.
Higher sales in gaming amid the launch of the Nintendo Switch and sales that improved once delayed...Read more
You Shall Know Our Names (The Judah Halevi Journals) (Volume 1)Ezekiel Nieto Benzion
When Ezekiel Benzion's grandfather handed him the dusty journals written by Doctor Judah Halevi Nieto, he begged, "Before I die, tell me why our family protected these for two hundred years. Who were these men? And why were they revered?" The search for answers led to ...
LOS ANGELES -- Small-satellite launch company Rocket Lab said its Electron rocket made it to space but did not reach orbit in its first test flight, as the Huntington Beach firm and other small-rocket startups inch closer to commercial operations.
The Electron rocket lifted off at 9:20 p.m. Pacific time Wednesday from Rocket Lab's private ...Read more
DETROIT -- Days after introducing a new CEO, Ford Motor Co. announced a new leadership team.
In a news release Thursday morning, new CEO Jim Hackett described the changes as showing the company's efforts to, among other things, speed up decision-making.
"The leadership changes we are announcing today across our global business are important as...Read more
Q: My 1998 Dodge half-ton 4x4 pickup started making a growling noise, which comes from its rear end and doesn't vary with load. I removed the cover of the rear differential assembly and found several rice-sized chunks of metal at the bottom. Everything else inside looked normal. I'm thinking it's the ring and pinion. A shop I called wants about ...Read more
The more I work with home equity conversion mortgages -- reverse mortgages offered through the Federal Housing Administration -- the more convinced I become that the HECM is the most underutilized financial tool available to consumers in the U.S. Among the important reasons for underutilization is that HECMs are more complicated than any other ...Read more
Joyce Senfe was distraught when her husband walked out after 56 years of marriage. She was desperate to know if he'd return.
So she went online and did a search for "Christian psychic." That's how Senfe, who lives in Brooksville, Fla., ended up on the phone recently with Los Angeles-based Psychic Readings by Lauren.
"Lauren was very ...Read more
Q: With hurricane season right around the corner, I am concerned about insurance for my beachfront condo. Who is responsible for fixing or replacing the building? And if my unit did get damaged, would I still have to pay the mortgage if I'm not able to live there during repairs?
A: Reach out to your community's management and see what ...Read more
The Trump administration's investigation into whether imported steel threatens national security was enthusiastically greeted Wednesday by U.S. steelmakers, who said the best way to ensure the vitality of their industry is through a comprehensive approach to curbing unfairly traded imports.
But others who testified at a U.S. Department of ...Read more
CHICAGO -- United Airlines CEO Oscar Munoz said Wednesday he wants the fallout from an incident where a passenger was dragged from a flight last month to be "a constant reminder of what we can do better on."
Videos of the passenger, Dr. David Dao, being pulled from a plane at Chicago's O'Hare International Airport after refusing to give up his ...Read more
WASHINGTON -- Most Federal Reserve monetary policymakers indicated they were ready for another small interest rate hike -- perhaps as soon as next month -- if economic data strengthened as expected following a weak winter, according to an account released Wednesday of their most recent meeting.
Fed officials also considered a plan to start ...Read more
LOS ANGELES -- Fox News is seeking the dismissal of a lawsuit by former on-air personality Andrea Tantaros that claims the company hacked her computer and conducted surveillance of her phone calls and emails.
In a motion filed Wednesday in U.S. District Court, Fox News said Tantaros' allegations that fake Twitter accounts were set up to harass ...Read more
WASHINGTON -- A digital worm powered by stolen National Security Agency software caused $1 billion in damages when it infected hundreds of thousands of computers in less than a week, a Florida digital security company says. And new attacks may be in the offing.
Hackers unleashed the worm, dubbed WannaCry, on May 12. Some 200,000 to 300,000 ...Read more
CHARLOTTE, N.C. -- Shares of Lowe's Cos. plunged as much as 7 percent in early trading Wednesday as the home improvement retailer reported first-quarter earnings and sales that fell below Wall Street expectations.
Lowe's disappointing results come at a time when it has been working to catch up to its larger rival, Home Depot, which reported ...Read more
- Working at Kraft Heinz means competition, cost-cutting, and for some, reward
- Mark Phelan: Volkswagen diesels: 'Get them while supplies last'
- Best Buy stock soars after better-than-expected earnings
- Ford swiftly follows CEO switch with further leadership restructuring
- Wells Fargo must guarantee class-action settlement will fully repay customers, judge says