Fresh Today

Fresh Today

WASHINGTON–Wages, prices and consumer spending all increased over the year ending in June, according to new government data, creating a challenge for economists and the Fed as they seek to interpret what all the numbers mean and how to best move forward.

WASHINGTON—The Federal Trade Commission has taken action against online home buying firm Opendoor Labs Inc., for allegedly “cheating” potential home sellers by “tricking” them into thinking that they could make more money selling their home to Opendoor than on the open market using the traditional sales process.

NEW YORK—Buy now, pay later (BNPL) firm Splitit is reporting it is partnering with letus, a cloud-based payment platform for the rental market, via an Installments-as-a-Service integration.