Shares fall flat after data on retail sales and consumer confidence
Text size Chinese retail sales fell unexpectedly in July. Getty Images The S&P 500 closed Friday almost unchanged, as investors mixed data weighing on consumer confidence and retail sales against an upcoming trade meeting between Chinese and U.S. officials. While headline U.S. retail sales figures missed forecasts, with a monthly …
Read More »Stock market today: Dow, S&P Live updates for August 14, 2020
US futures came lower than retail sales data for July, while European stocks fell as fresh quarantine rules took place in the UK Treasury yields were reduced after rising five days and the dollar was stable. The Stoxx Europe 600 index dropped after Britain added France, the Netherlands and Malta …
Read More »What to know: A new fee could pay off your mortgage more expensively
Text size Andrew Harrer / Bloomberg With interest rates on historic leases, a new fee could make it more expensive to refinance your mortgage, experts say. Fannie Mae (ticker: FNMA) and Freddie Mac (FMCC) announced a new 0.5% fee on limited cash-out refinances and cash-out refinances on Wednesday night. The …
Read More »Intel sends back concerns about its chipmaking technology
Text size David Becker / Getty Images Intel fights back against growing consensus picture that delays in manufacturing caused the 52-year-old chipmaker behind rivals such as Advanced Micro Devices. Over the course of nearly three hours, Intel (ticker: INTC) engineers from various business departments talked in depth about various lines …
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