JD Sports appoints Peter Agnefjäll as chair from September

Surveillance pricing is now banned in New Jersey, and new electronic shelf labels are under a one-year moratorium. New Jersey Gov. Mikie Sherrill signed the Fair Price Protection Act into law, saying it will protect the state’s shoppers from discriminatory surveillance pricing, according to a Thursday (July 23) press release from the Governor’s Office. The new law prevents businesses from…

A new report by the National Low Income Housing Coalition (NLIHC) says rental housing remains out of reach for millions of workers, with wages falling short of the cost of modest rentals in every state, metropolitan area and county in the U.S. Titled “Out of Reach: The High Cost of Housing,” the report warns that…

Key insight: A bipartisan housing bill passed Congress with overwhelming margins in both chambers before President Donald Trump canceled a signing ceremony the morning it was to become law. What’s at stake: The law reshapes manufactured and modular housing rules, restricts large institutional investors from buying single-family homes, and includes a handful of banking industry…

Falling energy prices drove down inflation in June, offering Federal Reserve’s policymakers and would-be homebuyers a welcome reprieve after May’s dramatic surge. Beating economists’ expectations, overall prices increased by 3.5% in the 12 months through June, retreating from the previous month’s three-year-high of 4.2%, according to the U.S. Labor Department’s Consumer Price Index (CPI) data released Tuesday. Total…

Nationwide and Virgin Money are increasing a range of mortgage rates from 16 July, with fixed-rate deals rising by as much as 35bps. Nationwide said it will increase selected fixed and tracker rates by up to 35bps. The increase will apply to products for first-time buyers, home movers, existing customers moving home and remortgage borrowers….