11 hours ago
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Most Americans die in debt — $62K of it, on average

You’re probably going to die with some debt to your name. Most people do. In fact, 73 percent of consumers had outstanding debt when they were reported as dead, according to December 2016 data provided to Credit.com by credit bureau Experian. Those consumers carried an average total balance of $61,554, including mortgage debt. Excluding home […]
11 hours ago
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Costco takes a swing at Titleist over golf balls

The staid world of golf is heating up over dimples and curves.  Costco (COST) is suing golf-ball maker Titleist over the right to produce its own — and lower-priced — golf balls. The legal dispute stems from the retailer’s recent introduction of low-cost golf balls, which earned good reviews from golf sites and sold out […]
11 hours ago
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Buying a home in 2017? Prepare for battle

If you’re thinking about buying a home this year, arm yourself with cash — and gird for an aggressive, nasty and stressful battle in many markets. You may also need to up the price you’ll actually pay well beyond your planned budget, according to a survey by website Owners.com. “Home buying is about substantive economics, but […]
11 hours ago
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Uber turns to damage control following scandals

Beset by charges of sexual harassment and other employee complaints, Uber, the fast-growing ride-hailing service, is making some course adjustments. It will revamp its culture, but its controversial chief executive will stay in place, three high-ranking women associated with the company indicated Tuesday. Uber board member Arianna Huffington, founder of news site Huffington Post, told […]
11 hours ago
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For iPad sales, nowhere left to go but lower?

When Apple’s (AAPL) late Chief Executive Steve Jobs unveiled the iPad in 2010, he called it “a truly magical and revolutionary product.” Though the public snapped up the tablet computer for a while, demand has flat-lined in recent years. Shipments have fallen for 12 straight quarters with no rebound in sight — even with Tuesday’s launch […]
11 hours ago
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Air is rushing out of the post-election stock bubble

The streak is over. For the first time in 110 sessions — going all the way back to October — large-cap stocks suffered a loss of more than 1 percent on Tuesday. All at once, the overconfident and overextended bulls were suddenly reminded that, yes, stock prices can actually fall. And they can fall hard: […]
23 hours ago
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As “Brexit” looms, Goldman Sachs makes plans to leave London

LONDON – Goldman Sachs (GS) will begin moving hundreds of people out of London before any Brexit deal is struck as part of its contingency plans for Britain leaving the European Union, the Wall Street firm’s Europe CEO said. “We are going to start to execute on those contingency plans,” Richard Gnodde, chief executive officer of […]
23 hours ago
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New World Bank chief stumps for global trade

BEIJING – The World Bank’s newly appointed chief executive gave a spirited defense of globalization during her first official visit to China, saying it had helped richer and poorer countries, and economic integration made it hard for any nation to walk away. Kristalina Georgieva, a Bulgarian who took up her post at the multilateral development […]
23 hours ago
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Target store revamps cater to dashers and wanderers

NEW YORK – In a move to bring shoppers back to its stores, Target (TGT) is embarking on an ambitious redesign aimed at helping people who need to dash in for milk to get out quickly while encouraging those who want to wander the aisles to linger. The new layout was unveiled by CEO Brian […]
23 hours ago
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Organic grocer Sprouts could spark a food fight

Sprouts Farmers Market (SFM), which reportedly has held preliminary buyout talks with grocery chain Albertsons in recent weeks, may attract other potential corporate suitors including Kroger (KR) and Whole Foods (WFM). Both are eager to tap into the growing consumer demand for fresh and natural foods, according to analysts. Kroger, the largest conventional grocery operator, competes […]