Friday’s business headlines

Local

INDIANAPOLIS (WISH) – Here’s a look at Friday’s business headlines.

Standing desk

An analysis of standing desk research finds those workstations have “minimal impact” on health performance.

The University of Pittsburgh researchers say they see some improvement in users back pain and people were less sedentary.

Overall, the desks have no impact on obesity or productivity.

Facebook

Facebook has lost 15 million users in the U.S. since 2017.

The new study by Edison Research claims that Facebook is seriously bleeding American users. The social media giant is especially losing users in the key 12-to 34-year-old demographic.

The study says people are tweeting, posting and sharing but just not doing on Facebook as much.

Walmart

Walmart is jumping into the tablet business, and it’s yet another signal that the retail giant is getting serious about tech products.

Bloomberg was first to report that the upcoming product would be “inexpensive,” “kid-friendly” and powered by Google’s Android os.

Not much else is known but they are expected to be low cost.

Mortgage rates

Mortgage rates are at their lowest in a year.

Freddie Mac said the 30-year benchmark mortgage rate fell 10 basis points to 4.31 percent in the week ending March 14.

Housing activity has been lackluster since the summer, with new home sales falling in January.

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