Author: News Room
Washington D.C., Denver and Raleigh, North Carolina, are the real estate markets that are projected to see the most substantial changes as the Federal Reserve begins to lower borrowing rates. According to a new Realtor.com report published Tuesday, markets with a high percentage of homeowners with a mortgage stand to see the most changes. In Washington and Denver, for instance, almost 75% of owner-occupied homes have a mortgage. But the effect of lower mortgage rates will differ depending on mortgage usage and homeowners in these areas, according to the real estate firm. FEDERAL RESERVE CUTS INTEREST RATES BY HALF-POINT; FIRST RATE…
By Kerri Fivecoat-Campbell, Next Avenue A friend with whom I had previously worked with instant-messaged me on Facebook a couple of years ago and asked, “Hey, have you applied for your pension?” We had worked together 35 years ago in the credit department of a major bank. I replied, “Pension? We get a pension?” She told me another friend with whom we worked had told her about it. She learned if we wanted to settle our pensions and take a lump sum, we could do so any time. If we wanted a monthly payment for life, we’d have to wait…
Vice President Kamala Harris’ campaign is launching a new digital ad campaign featuring two former Donald Trump administration officials criticizing the former president’s handling of natural disasters while in office. The ad, titled “Withhold” and obtained first by CNN, is a response to Trump’s recent attacks on the federal response to Hurricane Helene, including his false claims that Harris spent “all her FEMA money” on housing “illegal migrants” and unsubstantiated claims that the Biden administration and Democratic leaders abandoned certain Republican communities in North Carolina out of partisan bias. The new ad comes as Hurricane Milton, a Category 5, is set to make landfall…
Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseHurricane Milton strengthened to a category five storm as it moved across the Gulf of Mexico on Monday, with US agencies warning of a possible life-threatening storm surge on the west coast of Florida and northern coast of the Yucatán Peninsula in Mexico.The US National Hurricane Center upgraded the storm to the highest level on the Saffir-Simpson wind scale on Monday, saying its wind speed was as high as 180 miles per hour.Milton is due to make landfall in…
This article was written byFollowI am focused on growth and dividend income. My personal strategy revolves around setting myself up for an easy retirement by creating a portfolio which focuses on compounding dividend income and growth. Dividends are an intricate part of my strategy as I have structured my portfolio to have monthly dividend income which grows through dividend reinvestment and yearly increases. Feel free to reach out to me on Seeking AlphaAnalyst’s Disclosure: I/we have a beneficial long position in the shares of ABR either through stock ownership, options, or other derivatives. I wrote this article myself, and it…
CBS News executives said Monday that a heated morning show interview with acclaimed author Ta-Nehisi Coates, during which his new book was compared to “extremist” writings, did not meet the network’s editorial standards. CBS executives told staffers during a daily editorial meeting that the contentious “CBS Mornings” interview last week with Coates, led by co-anchor Tony Dokoupil, had been addressed with Dokoupil. The assessment pacified some employees who had objected to Dokoupil’s tone during the segment with Coates. But it offended other employees who thought Dokoupil’s interview was appropriately tough. “We have an obligation as journalists to challenge controversial guests, and that’s what Tony did,”…
A couple of analyst downgrades are making the rounds Monday on megacap stocks that rarely see ratings cuts: Apple and Amazon. They highlight both a problem and an opportunity for regular investors. At Jefferies, analysts downgraded Apple to a hold but increased the price target to $213 apiece from $205. Meanwhile, analysts at Wells Fargo downgraded Amazon to equal weight (hold) and cut their price target to $183 from $225. The issue with both calls is that they’re aimed at short-term traders and hedge funds, not longer-term investors. Neither report calls into question the underlying fundamentals of these businesses or…
Investors are at a heightened risk of cryptocurrency scams tied to fake relationships established over social media, dating apps and networking sites, federal officials warn.Such frauds occur when scammers use dating apps, social media platforms, professional networking sites or encrypted messaging apps to pose as a romantic interest, old friend, investment professional or other acquaintance.Fraudsters gain the trust of targets over time. At some point, they broach the idea of investing in crypto — and then defraud victims via fake investments.More from Personal Finance:How to avoid the top scam of 2023FBI: ‘Financial sextortion’ of teens is ‘rapidly escalating threat’How this…
Have you heard of Naval Ravikant? He’s a famed early-stage investor who’s become one of the most rabidly quoted for modern-day wisdom. I caught a video clip of his recently that, while only 52 seconds long, contains weeks’ worth of wisdom on the notion of true wealth. By the way, true wealth is distinguished from the blander version of wealth we’ve settled for in the 21st century. It harkens back to the original meaning of the word, which was less about loud accumulation and more about quiet contentment. True wealth isn’t a number, but a state of being. True wealth…
Video player was slow to load content Video content never loaded Ad froze or did not finish loading Video content did not start after ad Audio on ad was too loud Other issues Ad never loaded Ad prevented/slowed the page from loading Content moved around while ad loaded Ad was repetitive to ads I’ve seen previously Other issues Read the full article here
Subscribe to Updates
Get the latest financial, business, investing, and market news and updates, directly to your inbox.