NewsWatch: Dow slumps, pulling back from records as sentiment survey shows Americans prepping for highest inflation since 2008

This post was originally published on this site

MARKETWATCH FRONT PAGE

U.S. stock indexes turned lower on Friday, after the Dow traded in record territory early in the session, as data showing a fall consumer sentiment overshadowed an earlier report on a sharp rise in retail sales, while corporate earnings reports remained mixed. See full story.

My husband and I bought our late neighbor’s foreclosed home. My stepdaughter moved in — then the problems began

‘I paid most of the cost of the home. The plan was to fix it up, and rent or sell it.’ See full story.

Vaccine misinformation ‘a serious threat to public health,’ U.S. surgeon general says

U.S. Surgeon General Dr. Vivek Murthy issued a stark warning Thursday that misinformation about COVID-19 vaccines is costing lives. See full story.

Mortgage rates experience ‘summer swoon’ as Fed maintains status quo

Falling mortgage rates are just one piece of a good news for buyers sticking out the tough housing market. See full story.

This is the city with the most expensive rental market in the U.S.

Residents need to make nearly 3 times the national average wage to afford an apartment in this city. See full story.

MARKETWATCH PERSONAL FINANCE

Ivanka Trump and her husband, Jared Kushner, have splurged on yet another Miami-area property, the Real Deal reported. The sale on the ultra-exclusive Indian Creek Island closed in April for $24 million and the home is now owned by an entity reportedly connected to Kushner. See full story.