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BC-Money & Markets Extra Digest

November 8, 2018

For the week ending Saturday, Nov. 10, 2018

MONEY MATTERS-PAYDAY LENDING

Americans take out roughly $50 billion in payday loans a year, each racking up hundreds of dollars in fees and interest. But a small and growing service called “Even” that allows its users to take an advance on their paycheck might be finally giving the payday loan industry a run for its money.

THE WEEK IN REVIEW

Amazon.com reportedly considering splitting second headquarters between New York, Virginia; Facebook blocks accounts linked to foreign groups attempting to interfere in U.S. midterms; Consumer borrowing slows in September

QUICK FIX

Life & Death: buying life insurance sounds simple, but the decisions can be difficult. Here’s what you should know.

WIRELESS & CASHLESS

Have makers of entertainment apps gone too far in treating young children as a gullible audience for their games’ paid extras and advertising?

SMALL BUSINESS MONITOR

When a company’s financial records are destroyed in a fire or natural disaster, reconstructing them to make insurance claims may not be as impossible as an owner fears.

CENTERPIECE

Looking beyond the loss

Teladoc Health lost $23 million in the second quarter but the telemedicine provider’s potential is stirring interest on Wall Street.

MARKET PULSE

Pringles releases limited-edition Thanksgiving flavored chips; Bill Gates uses jar of feces as prop in presentation on new toilet technologies; Samsung, rivals rolling out foldable smartphones

OFF THE CHARTS-PERIL OF PEAK EARNINGS

Here’s the problem when something’s as good as it gets: What comes next?

INSIDER Q&A-UBER EATS

Uber Vice President Jason Droege talks to The Associated Press about the three-year-old food delivery service’s plans to cover 70 percent of the U.S. population by the end of this year.

$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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