Author: News Room
Sometimes, it pays to pay with cash. More merchants are offering a lower price to customers who use cash rather than credit card for a purchase. That means opting for paper over plastic may save you money in some cases.Just how much?Typically, cash discounts run about 2% to 4% on purchases, though savings can be higher, experts said.The share of cash payments with a discount is still low — in fact, only about 3% of all cash payments in 2022, according to data from the Federal Reserve Bank of Atlanta.However, that share is up more than 60% from 2015, when…
Mortgage rates declined for a third consecutive week, falling below 7% for the first time in over a month as a home affordability crisis maintains its grip on the housing market. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage dropped to 6.94% this week from 7.02% last week. The average rate on a 30-year loan was 6.57% a year ago. The average rate on the 15-year fixed mortgage also fell to 6.24% from 6.28% last week. One year ago, the rate on the 15-year fixed note averaged 5.97%. Read…
My friend is going on a river cruise in October. She has already started her packing list because this trip is very special and she doesn’t want to be caught unprepared. I wish those approaching age 65 had the same attitude about Medicare. Knowing what you should do in the years leading up to Medicare can clarify and even simplify the whole process. Unfortunately, some would rather make a dentist appointment than figure out what they need to do. But, when dealing with Medicare, failure to prepare can not only cost dollars but could also jeopardize your health. Once again,…
Supreme Court Justice Samuel Alito’s wife previously said the inverted American flag flown at the couple’s house in January 2021 was “an international signal of distress,” The Washington Post reported Saturday, detailing an encounter during that time between the Alitos and a Post reporter outside the couple’s home. The flag was no longer displayed when the reporter, Robert Barnes, visited the justice’s house in Alexandria, Virginia, on the day of President Joe Biden’s inauguration to follow up on a related tip, the report said. Martha-Ann Alito demanded the reporter “get off my property” as he came across the couple leaving their home, The Post said. According…
Stay informed with free updatesSimply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox.G7 finance ministers have backed the idea of issuing a loan to Ukraine, secured by profits on frozen Russian assets, in an effort to secure financing for Kyiv beyond 2024.Ministers’ discussions were based on a US proposal that circulated ahead of the gathering in Stresa, Italy, to issue a loan of about $50bn to be repaid with profits from around €190bn Russian central bank assets. The Russian assets are stuck in Belgian central securities depository Euroclear.On Saturday, ministers said they were…
Things have gone mostly according to plan since I last covered the iShares MSCI Turkey ETF (NASDAQ:TUR) (see TUR: Deck Cleared, Turkish Equities Headed Higher Post-Election), the largest and most liquid Turkish large-cap tracker fund listed in the US. To recap, following a period of unorthodox policies pre-election, we’ve seen a significant post-election focus on macro stabilization, led by finance minister Mehmet Simsek. As for the monetary side, the current administration, despite some reshuffling at the head of the central bank, has overseen a faster-than-expected pace of interest rate hikes, underlining its commitment to a much lower inflation target (25%…
Last updated: May 25, 2024 12:00 EDT | 2 min read The Delaware Supreme Court has ruled in favor of BitGo by overturning a lower court’s dismissal of the company’s $100 million lawsuit against Galaxy Digital.The lawsuit stems from a failed acquisition between the two entities.In its filing on May 22, the Delaware Supreme Court stated that the language used in the BitGo-Galaxy Digital $1.2 billion merger agreement was “ambiguous.”The ambiguity led the court to reverse the decision made by the Delaware Chancery Court and open the opportunity for the consideration of additional evidence to resolve the ambiguity.BitGo Can Pursue…
Boeing will present its plan to fix quality problems with its assembly line to US regulators next week, the company said Thursday. The plan was ordered up by the Federal Aviation Administration in late February after a hole blew open in the side of an airborne 737 Max a month earlier. The FAA said it audited the production line at Boeing and its key 737 Max supplier and found “multiple instances where the companies allegedly failed to comply with manufacturing quality control requirements.” It gave Boeing 90 days to present a plan — and that deadline is next week. Boeing chief financial officer…
Kristina Knighten and her husband, Paul Cordier, were living in the United Arab Emirates and working as TEFL-certified teachers when they decided they were serious about buying their first home in America.Knighten, 38, was raised in the Chicago suburbs, and Cordier, 45, was raised in London but loved the idea of living just outside the Windy City after having visited with Knighten over the course of their relationship and two-year marriage.”We knew we didn’t necessarily want to move back straight away but more as a long-term investment and we could maybe retire there,” Knighten tells CNBC Make It.The couple lived…
Cereal is still a breakfast staple for many Americans. The quick and easy meal was among America’s top 10 breakfast foods in 2019, according to a survey conducted by OnePoll in collaboration with Dave’s Killer Bread.Nutritionists highly recommend starting your morning with foods that will keep you energized throughout the day like protein shakes and whole grain oats, experts told CNBC Make It last January. And cereal doesn’t fit that category.”I never recommend cereal to my patients to have for breakfast, simply because it’s processed. I don’t recommend anything that’s processed,” said Dr. Nancy Rahnama, an internist and clinical nutritionist.But cereal…
