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8:00 a.m. March 26, 2021 - By MarketWatch
Dow rises for 2nd day, Nasdaq regains perch above 13,000 but stocks set for back-to-back weekly lossU.S. stock benchmarks rise modestly early Friday, but stocks are likely to book a second straight weekly loss in a volatile stretch for Wall Street, framed by rising bond yields and concerns about the global recovery from the coronavirus pandemic.
7:11 a.m. March 1, 2021 - By Quentin Fottrell
My fiancé wants me off the deed and mortgage to our new home. If I don’t agree, he says we’ll stay engaged forever ‘The house is appreciating daily due to its location, and he wants his children to inherit it. He wants me to pay rent, which essentially leaves nothing for my children’‘The house is appreciating daily due to its location, and he wants his children to inherit it. He wants me to pay rent, which essentially leaves nothing for my children.’
7:19 a.m. Feb. 27, 2021 - By Quentin Fottrell
‘My sisters and I disagree on most things, but never could I have imagined how our relationship would end’ My sister put our mother in a nursing home, where she died of COVID-19. Should I take legal action against her or the nursing home?My sister put our mother in a nursing home, where she died of COVID-19. Should I take legal action against her or the nursing home?
6:57 a.m. Feb. 3, 2021 - By Quentin Fottrell
When my parents died, my sisters and I split their estate. I chose a painting that may be worth $50,000. Should I tell them? ‘The process of dividing their estate was done equitably, and without stress or rancor. Until now’‘The process of dividing their estate was done equitably, and without stress or rancor. Until now.’
10:19 a.m. Jan. 5, 2021 - By Ciara Linnane
January will be worst month for U.S. pandemic so far with post-holiday travel cases seen surging U.S. sets fresh record for hospitalizations and Los Angeles County says a COVID-19 patient is dying every 15 minuteshe number of global cases of the coronavirus-borne illness COVID-19 edged toward 86 million on Tuesday and the U.S. set yet another record for hospitalizations, as experts warned that January will likely be the worst month of the pandemic so far due to a surge in new infections after holiday travel.
1:02 a.m. Dec. 24, 2020 - By Hal M. Bundrick
The best Black Friday deals to look for at Lowe’s in 2020 Discounts on tools, appliances, holiday decor and other home productsLowe’s is discounting many of the products DIYers crave: tools, smart home products and flooring.
1:04 p.m. Dec. 14, 2020 - By Claudia Assis
La-Z-Boy to resume share buyback programLa-Z-Boy Inc. said late Monday it will resume its share buyback program, put on ice in March as part of the furniture maker and retailer's plan to withstand COVID-19-related shutdowns and other impact. The company said it plans to resume the share repurchases under its previous share repurchase authorization, of which 4.5 million shares remain available for repurchase. Shares of La-Z-Boy rose 0.7% in the after-hours trading Monday after ending the regular trading day 0.9% higher. In the year, La-Z-Boy shares have gained 24%, compared with 13% gains for the S&P 500 index.
1:01 a.m. Nov. 23, 2020 - By Courtney Jespersen
What to buy and what to skip this Black Friday Your guide to getting bargains Nov. 27Though Black Friday still exists in 2020, it won’t be the same experience. Here’s a guide to getting the best bargains Nov. 27.
7:05 a.m. Nov. 19, 2020 - By Hal M. Bundrick
Lowe’s Black Friday: Store hours and the best deals for 2020 How to save money at the home improvement store this yearLowe’s is discounting many of the products DIYers crave: tools, smart home products and flooring.
1:02 a.m. Nov. 18, 2020 - By Lauren Schwahn
How to pick the right side gig Millions of Americans are turning to the gig economy to make moneyBefore you rush into a side gig, scrutinize the risks, the pay and other important details. Here’s how.
6:08 a.m. Nov. 13, 2020 - By Annie Millerbernd
How to create a home office on a budget Here are tips for managing the costs, plus financing options for more extensive projectsIf you’re ready to start building your home office, here are tips for managing the costs, plus financing options for bigger projects.
11:02 a.m. Nov. 7, 2020 - By Quentin Fottrell
I filed for bankruptcy after rehabbing my husband’s home. Now he wants an open marriage and says I own nothing. I feel trapped and bamboozled ‘I don’t pay bills, which has left me pondering the idea of just staying with him out of convenience — but at what cost to me mentally?’‘I don’t pay bills, which has left me pondering the idea of just staying with him out of convenience — but at what cost to me mentally?’
10:48 a.m. Nov. 6, 2020 - By Tomi Kilgore
Haverty Furniture to pay special dividend of $2 a shareHaverty Furniture Companies Inc. said Friday it will pay a special cash dividend of $2.00 a share. The stock was down 1.9% in afternoon trading, but was down 2.9% prior to a trading halt for news. The home furnishings retailer said the special dividend, as well as the regular quarterly dividend of 20 cents a share, will be payable on Dec. 9 to shareholders of business on Nov. 23. "Our board of directors authorized several steps taken earlier this year to ensure our liquidity due to the uncertainty facing the economy. Our operating results since reopening our stores in May have been very good," said Chief Executive Clarence Smith. "The board's decision today to pay a special dividend, provides returns to Haverty's stockholders, maintains a safeguard against potential headwinds, and preserves capital for potential opportunities." Based on current stock prices, the stock's regular dividend yield is 3.11%, compared with the implied yield for the SPDR S&P Retail ETF of 1.14% and the implied yield for the S&P 500 of 1.63%. Haverty's stock has rallied 27.6% year to date, while the S&P 500 has gained 8.5%.
1:28 p.m. Oct. 24, 2020 - By Quentin Fottrell
My mother-in-law is narcissistic. My father-in-law is selfish. My brother-in-law is amoral. How do we protect our inheritance? ‘My mother-in-law has dementia and relies on her husband as a caretaker. We cannot rely on her help in this matter at all’‘My mother-in-law has dementia and relies on her husband as a caretaker. We cannot rely on her help in this matter at all.’
5:34 a.m. Oct. 14, 2020 - By Liz Weston
Is it valuable or is it junk? How to get rid of old stuff Your kids don’t want your treasures—here’s what to do with it allIt’s hard enough to realize your adult kids don’t want your stuff. The next challenge is figuring out what to do with it all.
12:13 p.m. Oct. 10, 2020 - Associated Press
Hurricane Delta adds insult to injury in storm-ravaged Louisiana Delta hit as a Category 2 hurricane with top winds of 100 mph before rapidly weakening over land on SaturdayThe day after Hurricane Delta blew through besieged southern Louisiana, residents started the routine again: dodging overturned cars on the roads, trudging through knee-deep water to flooded homes with ruined floors and no power, and pledging to rebuild after the storm.
6:08 a.m. Sept. 30, 2020 - By Erica Loberg
‘A criminal sociopath:’ Judge-appointed conservator drained my mom’s estate and kept us from her The exploitation is all too common. How to prevent it from happening to your familyA daughter’s experience with a conservatorship gone wrong—and how to prevent it from happening to your family.
12:16 p.m. Sept. 26, 2020 - By Quentin Fottrell
‘He doesn’t give me any money’: My husband has been making secret payments to his parents. Should I tell him to stop? ‘I told him that I too have desires to make investments, plan for our future and wear nice jewelry’‘I told him that I too have desires to make investments, plan for our future and wear nice jewelry.’
9:28 a.m. Sept. 24, 2020 - By Ed Yardeni
Why the U.S. economy will soon recover and get back to the good old days of 2019 Ed Yardeni: ‘Almost everyone in the U.S. last year was doing better than ever’ Ed Yardeni: ‘Almost everyone in the U.S. last year was doing better than ever.’
7:13 a.m. Sept. 21, 2020 - By Jonathan Clements
10 money lessons I wish I’d heard — or listened to — when I was younger Buying a house shouldn’t be your top goal — retirement should beBuying a house shouldn’t be your top goal — retirement should be
4:49 a.m. Sept. 21, 2020 - By Tomi Kilgore
Rent-A-Center's stock surges after profit update that was well above expectationsShares of Rent-A-Center Inc. shot up 5.8% in premarket trading Monday, after the furniture, appliances and consumer electronics rental company provided a third-quarter financial update that was well above expectations. The company said it expects adjusted earnings per share of 95 cents to $1.05, above the FactSet consensus of 61 cents. Revenue for the quarter is expected to be $695 million to $715 million, above the FactSet consensus of $687 million. "Lease portfolio performance and customer payment activity have remained strong in both businesses even without additional government stimulus," said Chief Executive Mitch Fadel. He said some uncertainty remains related to the COVID-19 pandemic, it currently sees same-store sales for its Rent-A-Center Business of up 10% to 12%. The stock has slipped 1.7% year to date through Friday, while the S&P 500 has gained 2.8%.
5:05 p.m. Sept. 15, 2020 - Associated Press
Bill Gates Sr., father of Microsoft co-founder, dies at 94 William H. Gates II, a lawyer and philanthropist best known as the father of Microsoft co-founder Bill Gates, has died at 94.
7:47 p.m. Sept. 13, 2020 - Associated Press
Sally expected to strike Gulf Coast with hurricane force Louisiana declares state of emergency; evacuations in parts of New OrleansTropical Storm Sally slowed down Sunday as it churned northward toward the U.S. Gulf Coast, increasing the risk of heavy rain and dangerous storm surge before an expected strike as a Category 2 hurricane in southern Louisiana.
2:32 a.m. Sept. 8, 2020 - By Jacob Passy
Fleeing the city for the suburbs? Consider these 5 ways the move could affect your finances Online searches for home listings with suburban ZIP codes grew 13% this spring compared to the same point in 2019Online searches for home listings with suburban ZIP codes grew 13% this spring compared to the same point in 2019.
1:02 a.m. Sept. 8, 2020 - By Lauren Schwahn
How to adjust your school supplies budget for the online classroom If things keep changing, here’s what to expect, and what you can hold off buying, for nowHere’s how to tailor your spending for distance learning amid the uncertainty.
2:03 a.m. Sept. 4, 2020 - By Ciara Linnane
Coronavirus update: Global tally climbs above 26 million, U.S. above 6.1 million, amid concerns CDC will rush out a vaccineThe global tally for confirmed cases of the coronavirus that causes COVID-19 climbed above 26 million on Thursday, while in the U.S. there were growing concerns that President Donald Trump’s administration will attempt to rush out a vaccine ahead of the November presidential election.
2:57 a.m. Sept. 3, 2020 - By Ciara Linnane
Conn's shares soar 17% premarket after retailer posts surprise profitConn's Inc. shares soared 17% in premarket trade Thursday, after the furniture and home appliances retailer posted a surprise profit for its fiscal second quarter. The company said it had net income of $20.5 million, or 70 cents a share, in the quarter to July 31, up from $20.0 million, or 62 cents a share, in the year-earlier period. Adjusted per-share earnings came to 75 cents, well ahead of the FactSet consensus for a loss of 4 cents a share. Revenue fell to $366.9 million from $401.1 million, below the FactSet consensus of $378.9 million. E-commerce sales rose 72% from a year ago, as shoppers moved online during the pandemic. Same-store sales fell 13.2%, mostly due to changes in underwriting in the company's credit department, and supply chain disruptions caused by the pandemic. Shares have gained 11% in the year to date, while the S&P 500 has gained 11%.
1:02 a.m. Sept. 2, 2020 - By Amrita Jayakumar
Moving? What you should know about doing it in a pandemic It’s going to take more planning and more moneyBe prepared for extra expenses, and try these tips to make moving day safer.
12:17 p.m. Sept. 1, 2020 - Associated Press
Trump lays blames with Democrats as he surveys ‘destruction’ in Kenosha, Wis. Wisconsin’s governor, Tony Evers, and the Kenosha mayor had pleaded with Trump to stay away for fear of straining tensions furtherPresident Donald Trump dove into the latest eruption in the nation’s reckoning over racial injustice on Tuesday, visiting the “destruction” left by rioters in Kenosha, Wisconsin, and declaring it was enabled by Democratic leaders.
10:49 a.m. Sept. 1, 2020 - By Ciara Linnane
Coronavirus update: Global case tally tops 25.5 million, and U.S. climbs to 6.03 million as Midwest states suffer rise in infections Twitter removes post retweeted by President Trump after it violated its coronavirus misinformation policyThe number of confirmed cases of the coronavirus that causes COVID-19 in the U.S. rose to 6.03 million on Tuesday, with new cases increasing in much of the Midwest and falling from their peaks in the South and West.
4:47 a.m. Sept. 1, 2020 - By Ciara Linnane
Steelcase announces permanent job cuts and restoration of pay to salaried workers, executives and boardSteelcase Inc. , a maker of furniture settings and interior architectural products, said Tuesday it is cutting jobs permanently, while restoring pay to its salaried workers, executives and board members. The Grand Rapids, Michigan-based company said it will cut 300 jobs, or about 8% of its salaried workforce in the Americas, and cut about 160 hourly employees with early retirements. Another 65 salaried employees have volunteered for part-time roles or temporary layoffs for up to six months. Most salaried workers will have full base pay restored, the company said. "Making these types of permanent reductions to our cost structure is something we hoped to avoid, but they became necessary as demand levels in the Americas have continued to reflect the impact of the COVID-19 pandemic," Chief Executive Jim Keane said in a statement. The company is expecting restored pay to cost about $20 million a quarter, partially offset by cost savings of about $10 million. The company expects to book restructuring charges of about $30 million in the second and third quarters. Shares fell 1.2% premarket and are down about 48% in the year to date, while the S&P 500 has gained 8%.
5:25 a.m. Aug. 19, 2020 - By Tomi Kilgore
Transactions of $1,000 or more rose 16% at Home Depot during the second quarter Analysts consider how long Home Depot’s stellar business performance will lastHome Depot reported second-quarter sales and profit that beat expectations as consumers spend more time at home during the coronavirus pandemic.
12:48 p.m. Aug. 18, 2020 - By Claudia Assis
La-Z-Boy reports surprise fiscal Q1 profit on 'strong' demandShares of La-Z-Boy Inc. fell about 1% in the extended session Tuesday after the furniture maker reported a surprise fiscal first-quarter profit and said it has seen "strong demand" for its recliners and other pieces. The company said it earned $4.8 million, or 10 cents a share, in the quarter, compared with 38 cents a share a year ago. Adjusted for one-time items, La-Z-Boy earned 18 cents a share, compared with 42 cents a share a year ago. Sales fell 31% to $285.5 million due to the impact of COVID-19, the company said. Analysts polled by FactSet had expected an adjusted loss of 13 cents a share on sales of $290 million. "Our first quarter began in May with most of our customers still closed due to COVID-19. However, as retailers re-opened, written orders rapidly accelerated in June and July, with consumers spending a higher percentage of discretionary dollars on home furnishings," Chief Executive Kurt L. Darrow said in a statement. La-Z-Boy has re-opened all its operations across its retail, distribution and manufacturing businesses, and plants have increased production to meet demand. The company is "cautiously optimistic" about the fall, it said. Shares ended the regular trading session down nearly 2%.
8:18 a.m. Aug. 18, 2020 - By Tonya Garcia
Wayfair is on S&P’s ‘most vulnerable’ list despite soaring stock, new customer numbers Blue Apron and J.Jill are also on the S&P Global Market Intelligence listWayfair shares have soared more than tripled for the year to date, but S&P Global Market Intelligence has the online home retailer on its “most vulnerable” list.
11:16 a.m. Aug. 15, 2020 - By CD Moriarty
There is more to picking a place to retire than low taxes — avoid these 5 expensive mistakes It starts with the hidden cost of moving. And then doing it more than once.It starts with the hidden cost of moving. And then moving more than once.
7:47 a.m. Aug. 14, 2020 - By Tomi Kilgore
Here are all the Stein Mart stores having liquidation sales All 279 of Stein Mart’s U.S. stores across 30 states are closing in wake of bankruptcy filing, and they selling merchandise and fixtures at ‘deeply discounted’ prices A day after Stein Mart filed for bankruptcy, saying it expects to close “a significant portion, if not all” of its stores, it was announced that all 279 U.S. stores across 30 states were closing through “Going-Out-of-Business” sales.
12:59 a.m. Aug. 13, 2020 - By Richard Eisenberg
‘I just wished at one point there could be a fire,’—Some insight into the emotional turmoil of downsizing The author of ‘Downsizing: Confronting Our Possessions in Later Life,’ has some advice, and why it’s worth doingWhen asked how to get rid of stuff, those who have done it say: ‘Don’t wait. Start early. Do it while you still can.’
1:10 p.m. Aug. 8, 2020 - Associated Press
Profit up 87% at Buffett’s Berkshire, but coronavirus slows businesses Berkshire earned $26.3 billion during the second quarter, up from $14.1 billion a year agoWarren Buffett’s company reported an 87% jump in its second-quarter profit as the paper value of its investment portfolio increased with the stock market, but it took a roughly $10 billion write down on the value of its aircraft parts manufacturing business because of the economic impact of the coronavirus pandemic.
11:32 a.m. Aug. 7, 2020 - By Brittany Anas
Five growing post-COVID industries and where their jobs are A few industries are showing positive signs of recoveryWhich industries are set to grow the most in the post-COVID world? We asked the experts.
3:05 a.m. Aug. 7, 2020 - By Tonya Garcia
Wayfair served almost 5 million new customers in the second quarter but analysts question whether they’ll return Wayfair stock has more than tripled in 2020Wayfair says millions of new customers, as well as a million lapsed customers, shopped the home goods site during the most recent quarter.
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