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BC-Money & Markets Extra Digest

September 6, 2018

For the week ending Saturday, Sept. 8, 2018

MONEY MATTERS-BUYING APPLIANCES ONLINE

They’re pricey and heavy, but online retailers are trying hard to get more people to buy stoves, washing machines and other large appliances without seeing them in person.

THE WEEK IN REVIEW

US companies added a solid 163,000 jobs in August; China says retaliation ready if US tariffs go ahead; Facebook, Twitter pledge to defend against foreign intrusion

QUICK FIX

Speak up or pay up: How to get a deal when there’s no sale

WIRELESS & CASHLESS

Cars.com is drawing on data it’s collected over the past 20 years to offer an app that turns car shopping into something more like looking for the perfect date.

SMALL BUSINESS MONITOR

Now that the IRS has issued proposed regulations about the new deduction for qualified business income, small business owners should take these rules into account as they prepare their taxes.

CENTERPIECE

Teen stalwarts face challenges

Teen clothing chains Abercrombie & Fitch and American Eagle Outfitters have both enjoyed a solid start to the back-to-school shopping season, but they face a rising challenge from fast-fashion and off-price rivals.

MARKET PULSE

Icelanders push to declare nature reserve “digital-free zone;” Burberry to eliminate fur, end practice of destroying unsold goods; polar bears spur tourism boom for tiny Alaskan village

OF MUTUAL INTEREST-HOMEBUILDERS

A slowdown in U.S. home sales is weighing on homebuilder stocks. Most builders are down more than 15 percent this year, even as the broader market has been on a milestone-setting run.

INSIDER Q&A-BOOKING.COM’S GILLIAN TANS

Booking.com CEO Gillian Tans joined the company in 2002 and was named CEO in 2016. Tans talked to The Associated Press about the travel booking service’s rivalry with Airbnb and its plans to grow its name recognition in the U.S. and China.

$1,000 DERBY

If you invested $1,000 at the start of this year in various types of stocks, bonds and commodities, how much would you have now?

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