Citi settled with the Bureau of Consumer Financial Protection over failure to adjust cardholders’ interest rates See full story.
Housing is the least affordable in 10 years — here’s what’s to blameHousing affordability - defined as housing payments divided by income - is at its most stretched since 2008, largely due to tepid wage growth. In reality, higher mortgage costs made housing less affordable before the housing bubble inflated. See full story.
Trump says Saudi Arabia agreed to raise oil output by ‘maybe up to’ 2 million barrels a dayPresident Donald Trump early Saturday said that crude-oil swing producer Saudi Arabia has agreed to raise output by as much as 2 million barrels a day. See full story.
Trump-era tariffs are hitting this one industry especially hardSix months ago, the U.S. Department of Commerce levied its first tariffs on Canadian uncoated groundwood paper, resulting in a significant rise in the cost of newsprint. Now, newspapers are struggling to adapt. See full story.
Trade-war fears? These lower-risk stocks are weathering the market stormsNorwegian stocks have been holding up better than other equities thanks in part to the country’s low level of political risk. See full story.
MARKETWATCH PERSONAL FINANCEThe school says releasing the information could put it at a competitive disadvantage. See full story.
