For seven straight weeks interest rates have seen increases, with this week being no exception. They landed at 3.18%, per the Freddie Mac weekly report—only a slight rise from last week’s 3.17%. Just two months ago they were under 3%, after a string of decreases leading to the records continually being broken for the lowest
Month: April 2021
By Jacqueline Snyder, Next Avenue Have you ever heard that a millionaire becomes a millionaire by having seven streams of income? I believe the same to be true for small-business owners, even ones selling products out of their homes. But how do you get there? If you consider a large brand like Nike NKE ,
Legendary off-road racer and YouTube star Ken Block prepares to take the wheel of Extreme Es E-SUV to take part in the Grand Prix of Qiddiya finale of the Dakar 2020, on January 17, 2020. FRANCK FIFE | AFP | Getty Images The first-ever season of a unique, brand new motorsport, Extreme E, gets under
In this article LI NIO XPEV ZE594-CN TSLA Xpeng CEO He Xiaopeng stands next to the company’s P7 electric sedan as he addresses media at the 2020 Beijing auto show. Evelyn Cheng | CNBC BEIJING — Two of China’s U.S.-listed electric car start-ups beat market expectations in their March deliveries, with both companies setting quarterly records.
Google may be calling people back into the office, but many other companies — not to mention entrepreneurs — are still committed to remote work. From Croatia to Barbados, destinations provide vastly different experiences for foreigners who wish to work from new shores. The weather is usually better (save hurricanes), and costs can be cheaper
In this article GS MS BTC.CB= A Goldman Sachs logo is seen displayed on a smartphone screen. Omar Marques | SOPA Images | LightRocket | Getty Images Goldman Sachs is close to offering its first investment vehicles for bitcoin and other digital assets to clients of its private wealth management group, CNBC has learned exclusively.
Morsa Images | E+ | Getty Images A new set of $1,400 stimulus checks may tempt some recipients who don’t really need the money to instead dabble in the stock market. Depending on your goals, a brokerage account may not be your best bet, some experts say. A third round of direct payments was authorized
In the past few weeks, the internet chatter has been about something called “nonfungible tokens,” or NFTs. Although this object is a creature of blockchain technology, it is by definition not a cryptocurrency. This is what “nonfungible” means. Each token is unique. Much of what we are seeing seems to be an early proof of
You know the drill. Disruption engenders change and, as a result of the current and ongoing market shock driven by the COVID-19 pandemic, change that was already underway has accelerated. Real estate companies have been embracing proptech like never before. However, this change has by no means been uniform across the board. I had a
By Andrea King Collier, Next Avenue My husband, Darnay, and I turned 64 at the end of 2020. He’s an elementary school teacher; I’m a freelance writer. It occurred to me that we should be doing some serious financial planning before we hit 65. We have a pretty good handle on our future pensions and
In this article FB QS U.S. President Joe Biden speaks about his $2 trillion infrastructure plan during an event to tout the plan at Carpenters Pittsburgh Training Center in Pittsburgh, Pennsylvania, March 31, 2021. Jonathan Ernst | Reuters The CEOs of three companies in the electric vehicle and semiconductor industries reacted Thursday to President Joe
In this article .SSEC .SPX People walk past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. Jason Lee | Reuters BEIJING — China’s central bank warned Thursday of financial risks in the country that have accumulated over the years, as well as shocks from overseas
Billionaire investor Mark Cuban is bullish on the future of cryptocurrency and frequently compares blockchain technology to the early days of the internet. That’s why, over the years, Cuban held onto the few digital coins he bought in the “early days,” Cuban said on a recent episode of “The Delphi Podcast.” Currently, his portfolio allocation is
In this article TSLA Three ICEYE satellites, the trio of silver cube-like spacecraft visible near the top of the stack, on SpaceX’s Transporter-1 mission in January 2021. ICEYE Finnish satellite imagery firm ICEYE continues to expand its business in the U.S., announcing Wednesday that it signed $50 million in contracts last year for its services
Pamela Moore | iStock | Getty Images Plus Ah, the joys of the open road and carefree driving, until something happens that makes it cost even more. There are events — i.e., accidents, arrests for driving under the influence, a lapse in coverage — that can drive up the cost of your car insurance. By
The IRS wants crypto tax data in a big way, from asking on each tax return, it’s latest Hidden Treasure initiative and more. Now, a federal court in Massachusetts entered an order authorizing the IRS to serve a John Doe summons on Circle Internet Financial Inc., or its predecessors, subsidiaries, divisions, and affiliates, including Poloniex
Nine years after its founding, real estate brokerage Compass went public on Thursday, minting a huge windfall for the company’s investors and employees. As of early afternoon Eastern Time, cofounder and CEO Robert Reffkin was worth more than $500 million, Forbes estimates. Reffkin, 41, owns 2.3% of Compass’ normal Class A stock and 100% of
By Nancy Collamer, Next Avenue If you’re looking for work or think you will be soon, you undoubtedly know to update your LinkedIn profile, refresh your resumé and up your networking game. But in today’s competitive, pandemic-fraught job market, just doing the basics isn’t enough. Fortunately, I recently picked up several timely job-search tips while
In this article GM A customer looks at a General Motors Co. Chevrolet vehicle for sale at a car dealership in Colma, California, on Monday, Feb. 8, 2021. David Paul Morris | Bloomberg | Getty Images DETROIT – General Motors’ vehicle sales were buoyed by strong consumer demand in the first quarter as fleet sales
In this article M AMZN KSS WMT TGT MAC Macerich’s Paradise Valley Mall in Phoenix, AZ. Google Earth The future of the suburban shopping mall could look something like a mini community, with far fewer places to shop. The U.S. mall owner Macerich announced Thursday it’s sold a majority stake in Paradise Valley Mall in Phoenix