Supermarket regional bank branches closing at higher rates
Customers at a Safeway store in San Francisco. Getty Images American banks have been shuttering branches located within supermarket chains at a rate seven times faster than other locations amid the industry’s profit squeeze and customers’ migration to digital channels. Banks closed 10.7% of their in-store branches in the year ending June 30, according to […]
My mother guaranteed my brother’s mortgage. What happens if she dies?
Dear Quentin, My mother and stepfather just cosigned for a mortgage for my brother. My mom said their house is being used as collateral. If my brother can’t pay his mortgage, our mother will have to pay it for him, or the bank will take her house, right? Also, what happens if my mother and […]
Shein to sell co-branded Forever 21 clothes online
Shoppers walks past advertisements on the opening day of fast fashion e-commerce giant Shein, which is hosting a brick-and-mortar pop up inside Forever 21 at the Ontario Mills Mall in Ontario Thursday, Oct. 19, 2023. Allen J. Schaben | Los Angeles Times | Getty Images Shein is deepening its relationship with a former U.S. rival […]
Spirit suspends new pilot training after tough quarter, engine issue
A Spirit Airlines airplane taxis for takeoff at Denver International Airport in Denver on Feb. 7, 2022. Michael Ciaglo | Bloomberg | Getty Images Spirit Airlines will suspend training for new pilots and flight attendants next month “until further notice,” according to company memos, as it plans for slower growth amid softer demand and the […]
The No. 1 emerging real-estate market is in Kansas. ‘Life is easy over here.’
Being born and raised in a big city, Prateek Ghatage, 35, didn’t expect himself to be buying his first home in a smaller city in the Midwest. The infectious-disease physician, who grew up in Mumbai, India (population: 12.5 million), had just finished a fellowship in Vermont and moved to work at a local hospital in […]
Disney pulls Jonathan Majors movie amid assault case
Jonathan Majors, and his girlfriend, Meagan Good, flanked by his lawyer Priya Chaudhry (R), arrive to Manhattan Criminal court for his pre trial hearing on August 03, 2023 in New York City. Alexi Rosenfeld | Getty Images Disney on Friday said it was pulling troubled star Jonathan Majors’ next film, “Magazine Dreams,” from the schedule […]
Opinion: Fiction writers demanding money from AI chatbots are lost in fantasy
Like the Luddites weavers in the 18th century, who broke into factories to smash textile looms, these writers want special status to protect their employment from technological progress. Chatbots built on generative AI technology such as OpenAI’s ChatGPT and Alphabet’s GOOGL, -0.09% Bard can train by reading whatever is on the web — including newspapers, industrial diagrams, […]
Coke and Pepsi earnings comparison as KO and PEP stocks fall
Coca-Cola Co. and Pepsi Co. soda machines stand in a shopping center parking lot in Jasper, Indiana. Luke Sharrett | Bloomberg | Getty Images Coca-Cola and PepsiCo‘s rivalry spans decades, but Coke usually comes out on top. This quarter was no different. The beverage leaders’ stocks have struggled this year, hurt by higher interest rates […]
I’m getting mortgage. My wife is leasing a car. Will that hurt my application?
‘The Big Move’ is a MarketWatch column looking at the ins and outs of real estate, from navigating the search for a new home to applying for a mortgage. Do you have a question about buying or selling a home? Do you want to know where your next move should be? Email Aarthi Swaminathan at […]
Ford F shares fall after Q3 earnings on EV costs, UAW
Ford Motor Company’s electric F-150 Lightning on the production line at its Rouge Electric Vehicle Center in Dearborn, Michigan, on Sept. 8, 2022. Jeff Kowalsky | AFP | Getty Images Shares of Ford Motor traded sharply lower Friday after the company reported earnings that missed estimates and said that demand for its electric vehicles was […]
