New applications along with refinancing for mortgages dropped from a year ago as rates continued to climb.
Share:
More In Business
The Week's Top Stories: Apple Winning Streak, Meme-Stock Mini-Mania, Robinhood Rises
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
This Week In Trivia: Cardi B, Space History, and the Final Four
Between Bells EP Conor White recaps some of the biggest stories of the week, while Baker Machado and Hena Doba test their knowledge, and maybe learn a thing or two. It's This Week in Trivia!
Poshmark Survey Marks Younger Spring Cleaners Likelier to Resell Apparel
The social marketplace Poshmark recently revealed its survey on spring cleaning with tips on how decluttering might lead to cash. Steven Tristan Young, the company's chief marketing officer, joined Cheddar News to talk about the survey of its customers, especially how Millennials and Gen Z'ers are gravitating toward cleaning out their closets to reboot their wardrobes. "I think style and fashion and image is so important to this audience that this is probably one of the reasons why they're really thinking about this spring cleaning, and our hope is turning it into spring selling," he noted.
Neiman Marcus Group Shares Progress on Fur-Free Commitment
Eric Severson, EVP, Chief People and Belonging Officer at Neiman Marcus Group, joins Cheddar News to discuss the company's fur-free commitment.
Amazon Workers Vote to Unionize at New York City Warehouse
In a historic vote, Amazon workers at the Staten Island JFK8 facility have formed a union.
Former SEC Regulator Talks Meme Stock Mania, Retail Investors
U.S. regulators are sounding the alarms about the meme stock mania fueled by retail investors. FINRA, the regulator for all brokerage firms and exchanges in the U.S. is warning that retail traders could easily get in over their heads due to their lack of knowledge about complex investments like options, ETF's and structured notes. Thomas Gorman, Attorney, Dorsey Whitney & former Securities Exchange Commission Regulator joined Cheddar's Opening Bell to discuss how regulators and trading platforms can crack down on retail investors.
Tips for the 2022 Tax Season
The deadline for filing federal taxes is just a few weeks away. Experts are warning taxpayers to brace for yet another year of delays and complications, as the pandemic causes backlogs and obstacles to the system. Dan Geltrude, Managing Partner at Geltrude & Co, joined Cheddar's Opening Bell to give some tips on tax season.
Lawmakers and Companies Rethink Oil's Role in the Energy Mix
Sophie Karp, Equity Research Analyst at Keybanc Capital Markets, talks about the push toward clean energy amid rising oil prices and highlights the challenges the U.S. faces in shifting toward renewables.
Retirement Concerns Loom over Gen-Z, Millennials
The next generation of investors has a host of concerns about retirement with inflation and broader uncertainty topping the list. Rita Assaf, Vice President of Retirement, Fidelity Investments, joined Cheddar's Opening Bell to discuss Fidelity Investments' State of Retirement Planning Study.
