Thursday, November 21, 2024

A safe space for home buyers

Also: Sales miss Target ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Thu Nov 21 2024

 

Daniel de Visé Personal Finance Reporter

Good morning! It's Daniel de Visé with your Daily Money.

It was just another weekday on Reddit when a user named anymajordude23 weighed in to share their experience.

"Made an offer on our dream home, at list price, on the day offers were due," they wrote. The user went on to recount how the seller rejected the offer, even though there were no others.

Welcome to r/FirstTimeHomeBuyer, a little corner of the internet offering community, education, and a place to vent – nicely – for people still trying to take a stab at the American Dream in  one of the toughest housing markets in recent history.

Sales fall short of Target

Target could use some holiday cheer from shoppers after the retailer reported a decline in sales over the last three months, and expectations of a lackluster holiday shopping season.

Shoppers didn't spend as much on apparel and other discretionary products during the three-month period ending Nov. 2. Target also forecasts flat comparable sales during the current fourth quarter, which includes the holiday shopping season, a troublesome sign for the retail industry as a whole.

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Finally, here's a popular story from earlier this year that you may have missed. Read it! Share it!

Bath & Body Works recently pulled a seasonal candle from its shelves after complaints that the snowflake design on its label resembled Ku Klux Klan hoods.

The design was meant to be a nod to a folded snowflake cutout, but some folks online dubbed it the Klandle and the KKKandle for the pair of cutout holes in the white pointed snowflake tips.

About The Daily Money

Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.

Daniel de Visé covers personal finance for USA Today.

A For Sale sign is displayed in front of a house in Washington, DC, on March 14, 2022. (Photo by Stefani Reynolds / AFP) (Photo by STEFANI REYNOLDS/AFP via Getty Images)

This online forum defies the odds of the internet, remaining human, helpful, and collegial - and also in the housing market.

A Target store, located in the Doylestown Shopping Center on North Main Street in Doylestown, Pennsylvania.
 

Target earnings report sends stock plunging before holiday season

Target saw a decline in sales during the third quarter of 2024 and expects flat sales in the current quarter, including the holiday shopping season.

A Bath and Body Works opens Apr. 17, 2024 at the Park West Places Shopping Center in north Stockton, California.
 

Bath & Body Works apologizes for candle that looks like KKK hood

Bath & Body Works has removed from its stores a holiday candle with a label design some criticized for looking like a Ku Klux Klan hood.

Illustration photo shows various medicine pills in their original packaging in Brussels, Belgium August 9, 2019.
 

Major healthcare provider CareMax files for bankruptcy

Major healthcare provider CareMax filed for Chapter 11 bankruptcy in Texas, listing debts of more than $690 million.

Teens with shopping bags walking on a street.
 

Teens are feeling the pinch of inflation in holiday shopping, too

More than a third of teens are concerned about the impact of inflation on holiday shopping, according to a new Junior Achievement study.

Mike Tyson (black gloves) fights Jake Paul (silver gloves) at AT&T Stadium.
 

Florida man sues Netflix over Jake Paul, Mike Tyson streaming issues

The class-action lawsuit alleges a breach of contract and accuses Netflix of deception, saying users faced an "unwatchable" livestream on Nov. 15.

A person uses a smartphone in a cafe.
 

Should you forget Trump Media and buy these 2 tech stocks instead?

Meta and Pinterest are much more reliable social media plays.

Airplane passengers in seats
 

Why 41% of travelers support a ban on reclining airplane seats

A new survey found that 41% of Americans support a ban on reclining seats. Here's what travelers had to say.

Illustration shows the logo of Jaguar at the #WeAreMobility fair at the 97th edition of the Brussels Motor Show, at Brussels Expo, on Friday 18 January 2019, in Brussels. BELGA
 

'Unique and fearless': Jaguar changes logo, brand with founder's words

Jaguar is rebranding itself, announcing a "new era" in an ethos tracing back to its founder, Sir William Lyons.

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