July 5, 2022

News of the Trade

Latest trading, investing, and financial news

New Yorkers sued by debt collectors can now get legal advice from non-lawyers — here’s what that could mean for low-income consumers across the country and retailers follow Snap’s warning, but some buck the bad trend

Hi, MarketWatchers. Don’t miss these top stories.

Weekend reads: Retailers follow Snap’s warning, but some buck the bad trend

Also, dividend stocks, signals of better times for housing and an investing mistake to avoid. Read More

New Yorkers sued by debt collectors can now get legal advice from non-lawyers — here’s what that could mean for low-income consumers across the country

‘If you are poor and can’t afford a lawyer, you live in a different legal system than everybody else,’ says CEO of Upsolve, a bankruptcy-education nonprofit. Read More

‘I’m surprised you’re not in an alley.’ This financial adviser beat the odds and now helps people build wealth.

Raised in a family with money worries, Matthew McKay focuses on strengthening clients’ financial security. Read More

7 secret beaches that are worth the trip to get there

The best beaches also attract the largest crowds—unless you know where the hidden ones are. Read More

Dear college grads: I used to think networking was tacky. Now I know it’s the most valuable thing you can do

Networking feels a little unfair. But at the core it’s about helping others. Read More

‘You saw us coming’: Dollar General turns away activists and workers from shareholder meeting after they arrived late

The civil rights and anti-poverty activist Rev. William Barber II said that he and others were turned away from the meeting “because we demand living wages.”
Read More

USDA offers to help states access more baby-formula brands for low-income families

The government’s nutrition-aid program, WIC, has very specific requirements about what size baby formula containers and brands qualify for purchase. Read More

Trump-Owned Home in Palm Beach Now Renting for $2.5M a Year

If you’re curious about the Mar-a-Lago lifestyle and have $2.5 million at your disposal, you’re in luck. A mansion owned by the Trump family in Palm Beach, FL, is now on the luxury lease market. Read More

Amy Schumer Selling a Sumptuous NYC Penthouse for $15M

Comedian and actress Amy Schumer is selling a seriously swanky penthouse apartment for $15 million, according to the Wall Street Journal. Read More

Memorial Day weekend travel: gas prices drop slightly — to $4.59 a gallon — as 34.9 million cars hit the road

When Americans were firming up their Memorial Day plans one year ago, the national average was $3.04, according to AAA data. Read More