Author: News Room
“I don’t want to live a long time. My parents really suffered in their final years.” I’ve heard this sentiment from relatives and friends who watched their parents really struggle with health and financial issues in their final years. It’s also a common thought of surviving spouses who find themselves alone and frail. If you haven’t witnessed first-hand the struggles that older people face, it’s normal to want to live a long time. However, once you understand the day-to-day challenges that come with old age—frailty, dementia, running out of money, or loneliness—it’s only natural to reconsider your goals. Let’s see…
A US appeals court on Friday upheld a law requiring TikTok’s owner ByteDance to sell the platform or face a ban next year, dealing a major blow to the Chinese company behind the video app.The law, signed by President Joe Biden this year, orders TikTok to be banned in the country if the app does not divest from its parent by January 19 2025 — the day before Donald Trump is inaugurated as president.The unanimous ruling from the US Court of Appeals for the District of Columbia Circuit said the law — which hits at the core of a hot-button…
This article was written byFollowWelcome to Cash Flow Venue, where dividends do the heavy lifting! Blending my financial chops with the timeless wisdom of value investing (and love for steady income), I’ve built a rock-solid pillar in my financial foundation through dividend investing. I believe it’s one of the most accessible paths to achieving financial freedom, and I’m excited to share my insights with you. I’m a finance professional with deep experience in M&A and business valuation. What does that mean in practice? I’ve evaluated countless businesses and played key roles in sell-side and buy-side transactions, guiding clients through the…
Mortgage rates are expected to come down next year, but the decline is unlikely to be enough to provide relief for many would-be buyers in the U.S.’s ongoing affordability crisis. Realtor.com’s 2025 housing forecast released Wednesday predicts the benchmark 30-year fixed rate mortgage will average around 6.3% in 2025, falling slightly to end the year at around 6.2%. However, the report flagged mortgage rates as a notable wildcard in 2025, saying that with policy and economic uncertainties ahead, mortgage rates could deviate from their forecast.”As home prices stay high, housing affordability is going to be make it or break it…
It Happens With Aging Parents At A Distance Like many adult children with aging parents, the brother and sister in this true scenario were increasingly worried about their 90-year-old Mom who lived alone. Mom had cognitive impairment, probably dementia, but it had never been formally diagnosed. The siblings are in their 60s with full time careers. Fortunately, they have a good working relationship with each other and they share responsibility. They both invested time in figuring out a solution. Mom lived across the country and had no other family to look after her anywhere nearby. Sis had a vacant apartment…
Large companies rushed to assess whether top employees have sufficient protection after the slaying of a US insurance executive in New York stoked broad concerns about corporate security.Heads of security for groups on both sides of the Atlantic raced in the wake of Wednesday’s shooting to share intelligence and make inquiries with specialist companies on how to shield top executives, industry participants said.The sudden focus on corporate security comes after Brian Thompson, the boss of UnitedHealth Group’s insurance unit, was fatally shot at dawn while walking alone to a corporate gathering in midtown Manhattan.New York police on Thursday were engaged…
Guidewire Software, Inc. (NYSE:GWRE) Q1 2025 Earnings Conference Call December 5, 2024 5:00 PM ET Company Participants Alex Hughes – Vice President of Investor RelationsMike Rosenbaum – Chief Executive OfficerJeff Cooper – Chief Financial OfficerJohn Mullen – President and Chief Revenue Officer Conference Call Participants Dylan Becker – William BlairKen Wong – OppenheimerParker Lane – StifelAlex Sklar – Raymond JamesDavid Unger – Wells FargoAaron Kimson – JMP SecuritiesAlexei Gogolev – JPMorgan Operator Greetings, and welcome to the Guidewire First Quarter of Fiscal 2025 Financial Results Conference Call. As a reminder, this call is being recorded and will be posted on…
Mortgage rates moved lower for the second consecutive week, sending purchase applications higher in further signs of pent-up demand amid an ongoing affordability crisis in 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 6.69% — the lowest since October — from last week’s reading of 6.81%. The average rate on a 30-year loan was 7.03% a year ago. Many would-be buyers and sellers are holding out to see if rates fall further. Currently, about 80% of mortgage holders have a rate below 5%,…
When it comes to ambition, pacing and purpose, every generation has its own healthy operating beliefs. There’s an overlap but overall, the development of wisdom is cumulative and comes about from the processing of life experience, something that happily retired baby boomers who are happy in retirement have in abundance. Nevertheless, for baby boomers, the temptation is to share what we’ve learned with our offspring. But the wisest among us keep at least some of our discoveries about life in retirement largely to ourselves. In doing so, our adult children switch lanes prematurely and skip important steps needed for their…
French President Emmanuel Macron called snap elections in July to get what he said would be a “clarification” from voters over the leadership and direction they wanted for the country. The voters provided clarity with a stinging loss for his party and a hung parliament that has rebelled after only three months, toppling the president’s chosen prime minister, Michel Barnier, over a deficit-cutting budget.There are now few easy solutions for Macron as he seeks a way out of a mess that his rivals (and even some of his allies) say is of his own making. “It is hard to find…
