Business News

Time to Go Skiing

US stocks are higher in early trading, following the Dow’s first back-to-back triple-digit losses in three months. The blue-chip average is up 3% on the year. (CNBC)

A staggering 43% of companies have experienced a data breach in the past year, up 10% from the year before. The absolute size of the breaches is increasing. In January, 40% of South Koreans—a total of 20 million people—had their personal data stolen and credit cards compromised. (USA Today)

US regulators are investigating whether the way bond giant PIMCO values its bond holdings may artificially boost returns of its Total Return Fund. This comes as the bond fund had net outflows of $830 million in July, marking its 15th straight month of outflows. (Wall Street Journal)

Total mortgage applications for the week fell 4.1%. Applications to refinance a loan fell 7% and are down 31% from a year ago. Applications to purchase a home were down 0.3% for the week and down 16% from a year ago. (Mortgage Bankers Association)

Ski season is just around the corner and publically traded Vail Resorts is out with earnings.  The company says season pass sales are up 18% from last year.  Last year skier visits at their resorts were up 10.2%. (PR Newswire)

On Air Now

Ben Shapiro
Ben Shapiro
6:00pm - 7:00pm
The Ben Shapiro Show



News Disclaimers