MARKET

Ending 6% commissions could create a ‘Venus flytrap situation’ for home buyers, economist says

A proposed settlement announced by the National Association of Realtors could quickly saddle home buyers with additional costs, one professor said. Source link

MARKET

Why a Fed rate cut in June is not yet a done deal

An interest-rate cut at the Federal Reserve’s June meeting, though now widely expected, should not be viewed as decision that has already been made, Fed

MARKET

Proxy advisory firm ISS backs Nelson Peltz’s bid to join Disney’s board

Activist investor Nelson Peltz on Thursday received a mega-endorsement in his bid to join Walt Disney Co.’s board, as influential proxy advisory firm Institutional Shareholder

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Online shoppers are feeling frustrated. Blame it on the ‘Amazon effect’?

A new survey says consumers find e-commerce sites often fail to meet expectations. Experts say that’s because shoppers have become accustomed to how Amazon gets

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Hertz swaps out its CEO as it looks to revitalize business after failed EV push

Hertz shares have fallen nearly 30% so far this year. Source link

MARKET

Allbirds announces new CEO, plans to close some U.S. stores as shoe demand remains subdued

Shares of Allbirds Inc. sank after hours on Tuesday after the footwear maker forecast full-year sales that were below expectations and said it would close

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‘I gave up a job that I loved passionately’: My husband secretly set up a trust that includes our home and his investments. What should I do?

“Instead of having a high-level job with bonuses and accolades, I ran one of his companies with no pay.” Source link

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‘I was dumbfounded’: My mother-in-law gave me a ‘diamond’ ring. A gemologist said it’s fake. What should I do?

“She expects VIP service from her family. If she does one nice thing, she will expect the entire world for the next 10 years.” Source

MARKET

What to stream in March 2024: Taylor Swift, ‘3 Body Problem,’ ‘Shōgun’ are tops

Big names, big budgets and big events are on tap for March’s streaming calendar. However you look at it — from Kate Winslet’s steely glare

MARKET

Opinion: The S&P 500 is overbought, but that doesn’t mean it’s time to sell

The U.S. stock market, as measured by the S&P 500 index , registered new all-time highs last week but has pulled back slowly this week