Americans’ credit scores continue to improve. But credit scores don’t tell the whole story of how consumers are faring financially. A new report from Experian EXPN, +1.15% found that the average FICO Score in the U.S. reached an all-time high in 2019 of 703, up from 701 a year earlierRead More →
(Bloomberg) — Travis Kalanick’s secretive new food startup took $400 million of funding from Saudi Arabia’s Public Investment Fund, the Wall Street Journal reported, citing people familiar with the matter it didn’t identify. The financing valued the ex-Uber Technologies Inc. chief executive officer’s CloudKitchens at about $5 billion, according toRead More →
Gold futures headed solidly higher on Monday after an attack on Saudi Arabian oil production sent oil prices skyrocketing and investors turning to haven assets, including bonds and precious metals. December gold GCZ19, +0.66% on Comex gained $9.70, or 0.7%, to $1,509.20 an ounce, after registering on Friday a weeklyRead More →
Gold futures settled lower on Friday to post a loss for the week, but prices tallied a fourth consecutive monthly gain, with investors snapping up the precious metal and other haven assets in August as trade-related tensions stoked worries over global growth. “The precious metals remain in a bullish uptrend,Read More →
By Josephine Mason LONDON (Reuters) – Swiss stock volumes have soared this month to their highest in years as a ban on trading on euro zone platforms forced market participants onto the domestic exchange, upending trade flows in Europe while a row between Brussels and Bern rumbles on. Investors inRead More →
Long after the debris has been cleared, natural disasters have a lasting effect on those who are left to pick up the pieces. It can take years for people’s finances to recover, according to a new report from the Urban Institute, a Washington, D.C. think tank. The report examined credit-bureauRead More →
The British pound on Thursday was able to shake off Brexit drama and an early morning selloff to trade near unchanged near midday in New York. After nearly six hours of deliberation, European Union leaders granted the U.K. a second extension to its Brexit deadline to Oct. 31, which includesRead More →
