• BC-Money & Markets Extra Digest

    Updated:

    For the week ending Saturday Oct. 12, 2019

    MONEY MATTERS-NERDWALLET-OVERDRAFT FEES

    How to minimize your risk of paying too much in overdraft fees.

    THE WEEK IN REVIEW

    GM strike talks hit snag; California utility cuts power to 1.5 million amid wildfire risk; White House hosts Chinese negotiator in bid to end trade war

    QUICK FIX

    How to get around to finally writing your will.

    WIRELESS & CASHLESS

    With speedy 5G mobile networks starting to roll out, it’s important to remember that most people need to upgrade their smartphones as much as a fish needs a bicycle.

    SMALL BUSINESS MONITOR

    Small business owners should start planning now for end-of-year parties and staffing during the holidays.

    CENTERPIECE

    Store closures

    U.S. retailers have announced 8,579 closures so far this year, more than in all of 2018, and just four retailers account for nearly half the closures.

    MARKET PULSE

    Cannabis sector merger called off as values fall; Lego tests recycling plan to keep plastic bricks out of landfills; Apple scraps iTunes as listening tastes change

    OFF THE CHARTS-BROKERAGE FEE CUTS

    Investors hammered Charles Schwab and other online brokers this month after the industry giant scrapped more of its trading fees in an ongoing price war with rivals TD Ameritrade and ETrade Financial.

    INSIDER Q&A-ALEX STAMOS

    Cybersecurity pioneer and former Facebook security chief Alex Stamos talks to The Associated Press about his chilling scenario for the 2020 elections and the arrival of ‘disinformation as a service.’

    $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?

    For questions about Money & Markets Extra modules, contact Greg Keller (212-621-7958). For technical support: Todd Balog (816-654-1096). After 6 p.m., contact the AP Business News desk (800-845-8450, ext. 1680) for content questions; 1-800-3AP-STOX for technical support and 212-621-1905 for graphics help.

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