Mortgage lending declined to the lowest level in 14 years as homeowners pulled back sharply from refinancing and house hunters showed little appetite for new loans. Nick Timiraos joins MoneyBeat. Photo: Getty Images.
Good news is bad news for the Dow. But bad news is also bad news, at least when it comes to inflation. Following along? The Dow slid more than 200 points, or 0.5%, in Thursday morning trading. The S&P 500 was up 0.
Financial guru and American radio personality Dave Ramsey, whose advice is particularly relevant for individuals struggling with budgeting and debt, has shared five fundamental principles for building wealth. One of his key messages is the importance of avoiding overspending. Don't Miss: No generation before Gen Z has had this investment opportunity – How successful Zoomers plan to retire in their 30's. Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the averag
Demand for Marks & Spencer knickers among younger women has helped fuel a £1bn sales boost at the retailer, propelling it to its strongest performance since 1997.
Alongside another blockbuster earnings report, Nvidia said it planned to split its stock. Here's a look at what that means: + **Why is Nvidia splitting its stock?** The company said it wants to "make stock ownership more accessible to employees and investors." A split lowers the per-share price of a stock, theoretically putting it in reach for more small investors (though nowadays, brokers offer fractional share trading, meaning this isn't a big obstacle.) It is also marginally good news for bigger investors, who tend to prefer dealing in round lots of 100 shares at a time.