Personal Finance Daily: Foreclosure activity rose 57% from a year ago in November, and was highest in these U.S. cities and Americans are trimming their holiday gift spending
Friday's top personal finance stories.
Rex Nutting: Household wealth down by $13.5 trillion in 2022, second-worst destruction on record
The bear market in stocks and rapid inflation eroded the real wealth of American households during the first three quarters of 2022.
: Apple agrees to let workers speak out about harassment and discrimination — ‘This gives me a lot of hope for all laborers’
Apple Inc. is promising to limit its use of nondisclosure agreements and clarifying its policies on employees' right to speak out in cases of discrimination...
: Carvana bonds rally off worst levels but cash crisis continues to spook Wall Street
Carvana junk bonds rally off their worst levels Friday, but their deeply distressed levels continue to reflect steep concerns about a potential bankruptcy.
Signals from Costco on inflation are keeping us from overreacting to hotter producer prices
Next week's consumer price index is key as Wall Street awaits the Federal Reserve's next interest rate decision.
: Foreclosure activity rose 57% from a year ago in November, and was highest in these U.S. cities
The foreclosure process began on nearly 20,700 U.S. properties last month, though that was down 5% from October, Attom said in a new report.
Crypto: The Block CEO showed ‘serious lack of judgment’ in taking loans from FTX’s Sam Bankman-Fried and not disclosing them
The Block announced that Michael McCaffrey stepped down as CEO after failing to disclose loans from FTX affiliate Alameda Research.
The Wall Street Journal: Juul to pay $1.7 billion in legal settlement involving more than 5,000 lawsuits
Juul Labs Inc. has agreed to pay $1.7 billion in a broad legal settlement covering more than 5,000 lawsuits, according to people familiar with the...
: Inflation is a grinch. Americans are trimming their holiday gift spending.
This is the first year of the pandemic when consumers have cut their holiday gift budget.