Housing has become increasingly expensive. According to the National Association of Realtors, mortgage rates on average have risen by more than a full percentage point over the last 12 months. The average price of a home has inched up as well. Taken together and measured against household incomes, the statisticians at the Association estimate that
A pharmacist displays a box of Mounjaro, a tirzepatide injection drug used for treating type 2 diabetes and made by Lilly at Rock Canyon Pharmacy in Provo, Utah, May 29, 2023. George Frey | Reuters The blockbuster diabetes drug Mounjaro is more effective for weight loss than another highly popular treatment, Ozempic, in overweight or
Andrew Merry | Moment | Getty Images The following is an excerpt from “This week, your wallet,” an audio program produced by CNBC’s Personal Finance team. Listen to the latest episode here. [Editor’s note: Audio clip begins at the 2:33 minute mark.] Climate change has been described as a ticking time bomb, the threats of which
Jagger Eaton is already an Olympic bronze medal winner, two-time world champion and five-time X Games medalist, and the 22-year-old pro skateboarder is also on his way to building his own financial foundation. Eaton tells CNBC Make It that his No. 1 savings goal at the moment is to buy more income property. “It’s not
Matthew Perry attends the GQ Men of the Year Party 2022 at The West Hollywood EDITION on November 17, 2022 in West Hollywood, California. Phillip Faraone | Getty Images A new foundation has been established in the late actor Matthew Perry’s name to help others who struggle with addiction. “Addiction is far too powerful for
In the world of commercial real estate, the level of success for everyone involved often hinges on the strengths of the brokerage team. While I have seen this play out many times in my area of investment sales, I’ve also observed the importance of team building in other industries and segments. If the team in
Start your engines. From Formula One races to the Summer Olympic Games, traveling to attend major sporting events is on the rise. Sports tourism, as it’s called, is one of the fastest-growing sectors in the travel industry, according to the United Nations World Tourism Organization. The market is massive, and only stands to grow,
For many cities and towns across the globe, modernity is a major point of pride. For others, a communal sense of esteem is achieved by efforts at conservation. Then, there are cities such as San Miguel de Allende in central Mexico, where progress and tradition share the same cobblestone streets. Nowhere in San Miguel is
Approximately 95% of married couples file joint tax returns. There is a strong knee-jerk reaction to file jointly, and tax return preparers may assume that’s what you want because most people do. Yet that simple step makes each spouse liable for everything on the return–and anything that might not be on the return. Joint filing
In this article INTC GOOGL MNDY PANW DPZ Follow your favorite stocksCREATE FREE ACCOUNT Domino’s will roll out 800 custom-branded 2023 Chevy Bolt electric vehicles at locations across the U.S. in the coming months. Domino’s Investors are on pace to wrap up a strong November, but it can be a challenge to pick out the
In this article ZG Follow your favorite stocksCREATE FREE ACCOUNT A couple assembling furniture. Drazen_ | E+ | Getty Images Gen Z and millennials are “hacking” the housing market as high prices and interest rates make affordability difficult. The term “house hacking” refers to the practice of renting out a portion of your home or
Another holiday season, another gift. It’s hard to keep things interesting. Even gifts for the home can get a little repetitive. Your mom probably has enough picture frames to last for several generations and your sister already has four blenders. This year, aim to give something fun and unique. From family and friends to coworker
AI is a new frontier and can be potentially extremely helpful in healthcare. Assembling all known information to solve a problem could benefit many. But there is a dark side to AI, which many have predicted. When it comes to health insurance and denials of care to patients, AI has already triggered a class action
In this article AMZN DIS WBD CMCSA Follow your favorite stocksCREATE FREE ACCOUNT Jacob Kupferman | Getty Images The Miami Dolphins and the New York Jets face off in the National Football League’s first ever Black Friday game this week — but it’s not going to be the usual broadcast or cable offering. The game
Cautious investors piling into cash may want to consider other options. According to SPDR Exchange Traded Funds’ Matthew Bartolini, active management can also provide them with stability and income while creating more opportunities for upside. “Active fixed income has been really a consistent engine of support within the active [ETF] construct — not only from
Some mutual funds inflict great damage on your 1040. Defend yourself. By William Baldwin, Senior Contributor Winter: the season in which fund owners incur self-inflicted wounds. Investors who make the mistake of holding stock mutual funds in taxable accounts are at risk of having unwanted distributions dumped in their laps. This often occurs in December.
The SECURE Act 2.0, enacted at the end of 2022, created a new type of qualified charitable distribution (QCD) that generally is being called the Legacy IRA. As I’ve said before, QCDs are the best way for most people age 70½ or older to make charitable contributions. When you’re 70½ or older, instead of writing
Melis82 | Istock | Getty Images It has never been easy for small or independent music venues to turn a profit. Now, with inflated operating costs, some owners are struggling to keep ticket prices affordable for audiences and take chances on lesser-known artists. The past year has seen music fans roaring back to large stadiums
Fg Trade | E+ | Getty Images More investors are getting access to investments previously earmarked for the wealthiest members of society — but it may be risky for some to participate, experts said. Private investments — such as private equity funds, hedge funds, venture capital funds and stock in early stage companies — typically
“Tis the season to be jolly,” and while many people are excited about the holiday season, not everyone is feeling so cheerful and jovial. According to Thumbtack, 58% of Americans feel stressed about the holidays. Home preparation is a major source of stress, according to Morgan Olsen, Thumbtack’s home & design expert. In fact, she