During my years of reporting on mortgage rates and the housing market (and other personal finance topics), I’ve found that real estate trends can be difficult to predict. This is especially the case when global economic events become unexpectedly volatile, such as the current developments in Iran …
Factbox-Emerging economies in focus at IMF World Bank meetings
As I have reported for years regarding Americans’ personal finance concerns, employer-sponsored 401(k) plans are a vital part of one’s retirement savings. This is particularly important, considering that the average monthly Social Security retirement benefit is only $2,071, according to the Social …
Demand for amusement parks is not slowing down, despite economic headwinds and geopolitical tensions. In fact, consumers are more focused on the value of experiences and creating fun memories in times of uncertainty. The U.S. amusement and theme park industry is projected to reach a market …
China’s March bank lending seen surging on post-holiday rebound: Reuters poll
India central bank holds rates as Mideast crisis clouds growth, stokes inflation risks
Japan business mood worsens, bankruptcies seen rising as Iran war lifts costs
Last week’s Bureau of Labor Statistics jobs report for March provided markets with some much-needed good news. Analysts at Bank of America noted that while the news is positive, the economy still has much work to do to return to healthy growth. After weeks of war…
With oil prices surging past $100 per barrel and the Strait of Hormuz effectively closed, the Trump administration reached for an unusual lever. It decided to use Iran’s own oil against it. Treasury Secretary Scott Bessent told Fox Business Network’s “Mornings with Maria” that the U.S…
An estate attorney probably told you that an irrevocable trust could never be altered once the ink dried on the final signature page. However, Bank of America Private Bank warns that this widely held assumption is one of the most costly mistakes families make in estate planning today. …
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