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BC-Money & Markets Extra Digest

May 23, 2019

For the week ending Saturday, May 25, 2019

MONEY MATTERS-DEBT COLLECTION

The Consumer Financial Protection Bureau is proposing new rules to govern how third-party debt collectors contact borrowers. The rules are expected to accelerate the industry’s switch from insistent phone calls to email and texting.

THE WEEK IN REVIEW

Ford cuts 7,000 white-collar jobs; Tesla reduces prices on Models S and X amid stock slump; Trump administration postpones honoring Harriet Tubman with $20 bill redesign

QUICK FIX

What to know about liability before riding an electric scooter

WIRELESS & CASHLESS

Many Facebook users may have no way of opting out of facial recognition features, according to Consumer Reports, although Facebook disputes the claim.

SMALL BUSINESS MONITOR

Military veterans who want to start a business have many resources at their disposal.

CENTERPIECE

Coal stockpiles shrink

U.S. coal stockpiles have shrunk to the lowest level in more than a decade as electric plants that use the polluting resource are shuttered and consumption reaches a nearly four-decade low.

MARKET PULSE

Little Ceasar’s to debut meatless sausage pizza topping; Failed ’80s “New Coke” to make brief comeback; “Hunger Games”-themed amusement park planned in China

OFF THE CHARTS-HOUSING INVENTORY

The number of U.S. homes for sale was essentially flat in the first quarter, the first time in more than two years that the quarterly snapshot didn’t show an annual decline, according to an analysis of the nation’s 100 largest metropolitan areas by real estate data tracker Trulia.

INSIDER Q&A-TELEMEDICINE PROVIDER CEO

The CEO of telemedicine provider Doctor on Demand, Hill Ferguson, talks to The Associated Press about the company’s plan to branch into primary care.

$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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