Archive for August 25th, 2017

Gasoline prices are poised for a steady rise as a hurricane threatens damage to the nation’s largest refining hub, says GasBuddy.

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Scrub Daddy founder Aaron Krause makes his 11-year-old twins earn their keep.

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Reverse mortgages — pitched as a way to ‘age in place’ — are pushing more elderly homeowners into foreclosure

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Some owners pay a premium for developments with large lots and secluded home sites.

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Alana Barragan says she was so put off by the high-pressure sales pitch she encountered while car shopping at AutoNation Honda in Fremont, California, that she didn’t buy one. After discussing the experience with a manager, he spent the next hour trying to hire her.

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<p>Hurricane Harvey’s expected landfall on the Texas Gulf Coast was taking aim at the nation’s refining center, pushing up gasoline prices across much of the U.S., and threatening oil and gas production on land and offshore.</p>

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Fed Chairwoman Janet Yellen’s defense of regulation is so at odds with the views of President Donald Trump that it feels like a swan song, experts said.

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Investors withdrew from U.S. stocks for 10 straight weeks, the longest streak of outflows since 2004, Bank of America Merrill Lynch says, citing EPFR data.

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<p>About 22 percent of U.S. Gulf of Mexico oil production is offline because of Hurricane Harvey, the U.S. Department of the Interior's Bureau of Safety and Environmental Enforcement said Friday.</p>

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Low supply, high demand and increased prices cast a long shadow over the housing market — and it could get worse.

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<p>Sears is having trouble stocking shelves as some vendors have fled while others are demanding stricter payment terms because of difficulties hedging against default risk.</p>

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Starting Monday, Whole Foods will offer lower prices on some of its best-selling items, with more to come. The announcement is just the beginning of a plan to shake up the grocery industry.

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Amazon’s plans to cut prices at Whole Foods is great news for shoppers, but not so much for Federal Reserve officials wondering whether they’ll ever hit their 2 percent inflation target.

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And trust me, we have not recovered yet. The gentleman on the other end of the line was sobbing.

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<p>U.S. stocks traded higher on new hopes of tax reform and ahead of speeches from central bank leaders Janet Yellen and Mario Draghi.</p>

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