My husband and I have been married for about eight years. Before the wedding we had a preconceived notion, where their RV and truck were left to do whatever they had to do, as my house and car are mine. His RV is his pride and joy, and his “man …
Read More »Fed adopts new approach to inflation: what it means for your savings, credit-card interest – and mortgage rates
The Federal Reserve is shaking things up – which is good and bad news for consumers. The Fed made some major changes to its policy over the years following an extensive review. The central bank has improved its approach to inflation and the labor market, leading to lower interest rates. …
Read More »Global dividends have suffered the least quarterly since financial crisis
Global dividend payments have fallen to their lowest level in more than a decade, as companies moved to protect their balance sheets amid the pandemic, and dealt a massive blow to investors who rely on payouts to grow them wealth. Total shareholder payments fell from $ 108 billion to $ …
Read More »COVID-19 and 1918 ‘Spanish flu’ have one depressing thing in common
The coronavirus of 2020 and the Spanish flu pandemic of 1918 have many differences and share many similarities, but they also combine at one point: their impact on the economy and employment, and in particular, how richer people had better opportunities to survive their respective pandemics. Both pandemics involve new, …
Read More »‘The housing market is at a sugar level’: Home sales are big, but is it a good time to buy? Here’s what the experts say
Americans are in a hurry to buy a home right now. But should you be one of them? Sales of former homes in the U.S. rose 24.7 percent between June and July to an annual adjusted annual rate of $ 5.86 million, the National Association of Realtors reported Friday. Not …
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