Business

What are 25 basis points worth? What message does a quarter percentage point rise in short-term interest rates send to investors, companies and consumers?

State law requires that every item sold actually be able to do what the item is designed to do, which is called “merchantability”. In other words, if I buy a snowblower that cannot blow snow, that inability to do what the snowblower is designed to do violates the legally required warranty of merchantability. How long a purchased item is to be merchantable is defined as a reasonable period of time considering the price and character of the purchased item.

When times are tough, credit card debt may be inevitable if you’re learning to manage credit or are forced to make risky financial decisions due to hardships.

EUGENE, ORE. – Lap siding with an alternating reveal, smooth panel accents, and shed roofs at alternating angles give the Pinehurst a distinctly modern look. Passersby won’t be able to help a second glance at this eye-catching design.

Savvy consumers consider price, performance and reliability when making a major purchase, such as a car or home appliance. The greatest of these is reliability — particularly lately.

The trend of the real estate market in Allen County is shown by the following report, for the week running July 14 through 20. Figures reflect the selling price of the property, along with the address or lot number of same and are courtesy of Allen County Recorder Mona Losh’s Office.

Losing 200,000 customers in 90 days. An unpopular price hike. And a 35 percent stock freefall. That was the story at Netflix three months ago when it released its first quarter results.

Many people borrow money to make their home purchases. In that context, lenders sometimes set up “escrow” for real estate taxes, property insurance and private mortgage insurance (PMI).

Trading apps such as Robinhood Markets Inc. introduced millions of investors to the stock market during the pandemic, and many of them are experiencing a bear market for the first time. I suspect they have already learned some valuable lessons, notably that picking stocks is much more difficult in a down market. I’m reminded of others I learned as a business student and later experienced during my first bear market, the long and painful dot-com bust from 2000 to 2002.

EUGENE, ORE. – Multipaned windows, decorative corbels and shake-textured gable ends give a comfortably familiar country-style look to the otherwise contemporary Paisley. Slender porch posts add to the ambiance. Its compact design makes this four-bedroom home economical to build, as well as to heat and maintain.