Tag: finance

Home improvement and hardware store chains have battled lower sales in the last year as a sluggish housing market and consumers’ reluctance to spend on renovation projects in uncertain times affects their business. Smaller hardware chains also face fierce competition from big-box stores, like Home …

US consumer inflation mild in July, but economy not out of the woods yet

Intel Corp. (INTC) priced an upsized $20 billion stock offering at $95 a share on Tuesday, Aug. 11, raising $5 billion more than the $15 billion plan it announced just one trading day earlier. Wall Street treated this as breaking news. It wasn’t. Intel’s own finance chief told investors this could …

Everyone is familiar with the ironic saying, “You have to prove you don’t need money to get a loan.” But what happens when you have no money, no credit, and need a refrigerator today?  That’s when rent-to-own (RTO) or lease-to-own (LTO) businesses step in. Traditional banking wasn’t built on …

Australia central bank holds rates steady, keeps hike on table

Australia’s central bank keeps interest rates at 4.35%

After two Chapter 11 bankruptcies and hundreds of store closures nationwide, a longtime mall staple is revamping one of the most recognizable parts of its business as it works to attract a new generation of customers. Changing consumer habits, an uncertain economy, and growing competition have …

Analysis-How the hard reality of climate change hit Europe’s economy this summer

Anyone watching late-night television has heard those ads that urge people to sell the rights to a structured settlement won in a lawsuit to get cash now. “If you agree to take your award or settlement as a structured settlement, instead of receiving one large amount from the plaintiff…

Ukraine drone attacks put Russia’s Wildberries and banks under pressure