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BC-APFN-Money & Markets Extra Digest

September 27, 2018

For the week ending Saturday, Sept. 29, 2018

MONEY MATTERS-USED CAR PRICES

For the first time in three years, the price of used sedans is rising, driven by demand from buyers who can’t afford to join the nation’s seemingly endless SUV boom.

THE WEEK IN REVIEW

Federal Reserve raises key interest rate; Congress approves $854 billion budget bill; U.S. economy grows 4.2 percent in second quarter;

QUICK FIX

(After)life plan: how to create an estate plan that works in real life

WIRELESS & CASHLESS

Scam robocalls have rendered landline phones virtually useless, and now they’re fixing to do the same for cell phones.

SMALL BUSINESS MONITOR

Small business owners should start planning now for staff-related issues that may arise during the winter holiday season.

CENTERPIECE

Lights Dim At General Electric

Once-mighty General Electric’s bad two-year stretch has only gotten worse. Its stock is down more than 35 percent this year, after a more than 40 percent slump in 2017, as investors express skepticism over a turnaround plan from the company’s new managers.

MARKET PULSE

Name changes on tap for Weight Watchers, Dunkin’ Donuts; American Airlines aims to up its in-flight meal game in deal with Zoe’s Kitchen restaurants; early Apple computer sold for $375,000

OF MUTUAL INTEREST-3Q REVIEW

For investments this summer, it was all America First. Funds that focus on U.S. stocks charged to record heights, bolstered by Apple and other companies reporting eye-popping profit gains. Other areas of the market didn’t fare as well, though.

INSIDER Q&A-COX COMMUNICATIONS’ PAT ESSER

Pat Esser, president of Cox Communications, talks to The Associated Press about how the nation’s number three cable operator is preparing for the industry’s next technological shift, and his plans to parry competition from Netflix and others.

$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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