Share to facebook Share to twitter Share to linkedin Stocks started off 2020 with a bang, before geopolitical tensions took a toll. Spencer Platt/Getty Images Topline: Although the market rallied to kick off 2020 amid renewed global trade optimism, a U.S. air strike that killed a top Iranian general on Thursday night caused stocks to
Month: January 2020
Does the typical appraisal protect you from overpaying for a house? If it doesn’t, what would that mean for house prices in general? A study looked at a particular set of 8,533 houses that Fannie Mae foreclosed on from 2012 to 2015 and where two appraisals were done on each house. The first appraisals were
Shake Shack: “I think Shake Shack had a really, really good quarter and the shack is back and I think it’s O.K. to buy, although I have to tell you Wendy’s is the cheapest burger company.” AGNC Investment: “I don’t like that particular kind of REIT ’cause I don’t know what they’re in.” U.S. Bancorp:
The Federal Reserve’s policy making body heads into 2020 with a new complexion that, at least on its surface, seems committed to keeping interest rates low for the foreseeable future. In an annual rotation of voting members on the Federal Open Market Committee, Fed presidents Eric Rosengren of Boston and Kansas City’s Esther George head
The view north to Central Park Tower and 111 West 57th Street on Billionaires Row from the 86th-floor observation deck at the Empire State Building on July 28, 2019, in New York City. (Photo by Gary Hershorn/Getty Images) Gary Hershorn | Getty Images Real estate sales in Manhattan have fallen eight out of the past
Oil prices tend to see sustained gains following Middle East crisis events, while stocks eventually churn higher as safe haven assets gold and Treasurys fade from their initial pops, according to historical analysis. Oil prices jumped roughly 4% on Friday after a United States airstrike in Baghdad killed Qasem Soleimani, one of Iran’s top military
Jamie Grill | Blend Images | Getty Images A new retirement law could soon put annuities in front of more 401(k) investors — and some financial experts question whether that’s a good thing. The Secure Act, which President Donald Trump signed into law last month, eases rules for employers offering a 401(k) plan around how
Getty Think you can just sign up for a 401(k) and forget about it? Think again. With only 13% of private sector employees with access to a defined benefit pension, more of the heavy lifting towards securing a sound retirement is falling on the shoulders of American employees themselves. The most widely used but perhaps
Getty Getty These are literally the 5 worst ways to pay off student loans. Here’s what you need to know – and what to do about it. 1. Pay only the minimum payment What’s wrong with only paying the minimum payment? After all, that’s your obligation, right? Remember: interest is always accruing on your principal
photo: Getty As we wound down 2019 with low interest rates and rising rental demand, it was clear to see that it had been a great year for investors. Considering this is the season of New Year’s resolutions, the following are four ways investors can up their competitive game and prepare themselves for even greater
A wallaby licks its burnt paws after escaping a bushfire on the Liberation Trail near the township of Nana Glen on the Mid North Coast of NSW, November 12, 2019. Wolter Peeters | Fairfax Media | Getty Images Nearly half a billion animals in Australia’s New South Wales state have been killed by raging wildfires
Traders work on the floor of the NYSE. Brendan McDermid | Reuters Safe-haven assets rallied in unison on Friday after the U.S. killing of a top Iranian general in Iraq sparked a broad flight to safety move on fears of a broader conflict that disrupts energy production and drags down the global economy. Gold rose
It’s never too early to start teaching your kids about money. In fact, you can begin as young as 5 years old. While you don’t necessarily have to talk about math, you should have conversations and explain some of the basics. “It’s much easier to create a habit when you are younger and maintain a
Investors are pondering if the escalated U.S.-Iran tensions that are spiking oil prices could serve as the catalyst needed to turn around the most hated sector for the past 10 years. The S&P 500 energy sector was the worst performer of the last decade, up just a measly 5% versus the S&P 500’s 180% climb
Ponte de Lima, Portugal THEGIFT777 | iStock Unreleased | Getty Images Didn’t save enough for retirement? One solution: Spend your golden years in a country where life is less expensive than it is in the U.S. More Americans are doing just that. The number of retirees who are collecting Social Security abroad rose 40%, to
Getty Thinking of retiring abroad in 2020? Have you seen these headlines in recent months? “Death Toll in Chile Protests Since October Rises to 27,” “Nicaragua Has a Simple Message for Protesters: Don’t,” “Thousands Flee to Shore as Australia Fires Turn Skies Blood Red,” “Hong Kong Protesters Return to Streets as New Year Begins,” “Strike
The world’s second-richest person saw his own net worth double over the past decade. Mike Cohen/Getty Images for The New York Times Topline: Microsoft co-founder Bill Gates, the world’s second-richest person, has yet again weighed in on the wealth tax debate, this time arguing that he and his fellow billionaires should in fact pay higher
Humble, affordable homes will be at a premium as first-time homebuyers compete with downsizing baby … [+] boomers. Universal Images Group via Getty Images We have become disenchanted with “do-it-yourself” and discount brokerages, we don’t want fixer-uppers and we really don’t want very large houses that are in less than ultra prime condition. These are
CNBC’s Jim Cramer breaks down a menu of complex terms that are used in trading stocks. The “Mad Money” host explains how investors must consider the business cycle when finding the opportune time to buy or sell an equity. He explains to viewers how simple math can help determine when a stock is undervalued or
The logo for Google Pay displayed on a phone screen. Jakub Porzycki | NurPhoto via Getty Images Big Tech may want to get into banking this year, but it doesn’t want to be your bank. Google plans to introduce consumer bank accounts later this year in collaboration with Citibank and a California-based credit union. The