It’s the summer that cooled off the housing market. Rising mortgage rates have combined with already high home prices to discourage would-be buyers. Mortgage applications have declined sharply. Sales of previously occupied homes have fallen for five straight months, during what is generally the busiest time of year in real estate. The rate on a…
Millennial Money: 5 Credit Card Mistakes to Avoid Right Now
When times are tough, credit card debt may be inevitable if you’re learning to manage credit or are forced to make risky financial decisions due to hardships. For Lydia Senn and her husband, who are Alabama residents, this was their reality during the Great Recession in 2008 after she lost her job and he took…
Elon Musk: Hardships Forged His Success
Elon Musk is on a mission to change the world. And he wants to take that mission into space. From internet companies to electric cars, Musk captures the imagination worldwide. Some people love him, some people hate him: but everyone wonders what he’ll do next. But how did Elon Musk become so successful? Here are…
5 Ways to Protect Yourself From Medicare Fraud
Medicare fraud is big business, and like most businesses, it has adapted to the new environment of the COVID-19 pandemic. “The public health emergency created an opportunity for fraudsters to modify and repurpose existing schemes,” a spokesperson for the Centers for Medicare & Medicaid Services, or CMS, said in an email. CMS has seen bad…
About 45 Percent of Small US Businesses Are Freezing Hiring Amid Soaring Inflation, Labor Costs
July 23, 2022
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About 45 percent of small business owners in the United States are freezing the hiring of new workers because of high labor costs and skyrocketing inflation, according to the Alignable July Hiring Report. A competing survey came up with similar results, interviewing 4,739 small business owners, conducted from late June through mid-July. This is despite 51…
Closing Prices for Crude Oil, Gold and Other Commodities (July 22)
Benchmark U.S. crude oil for September delivery fell $1.65 to $94.70 a barrel Friday. Brent crude for September delivery fell 66 cents to $103.20 a barrel. Wholesale gasoline for August delivery rose 7 cents to $3.22 a gallon. August heating oil fell 13 cents to $3.46 a gallon. August natural gas rose 37 cents to…
5 Tips for Real Estate Investors Who Want to Protect Themselves From a Market Crash
Article by Xavier PRETERIT Each country in this world has had its real estate crisis, depending on the market situation. For example, in the United States, there was a real estate crash in the 2000s, and the prices started to fall in 2005-2006. Some investors were seized by panic and had to sell their property at a big discount….
These 3 Mega Caps Are Bear Market Buys
Article by MarketBeat Staff Just like the animal they mimic, bear markets are known to have a wide reach. When the bears take a swipe at elevated stock prices, few names survive. This year’s bear market attack has spared few industries. High flying technology companies have been especially hard hit by the impact of rising rates on valuations…
Growing Your Nest Egg with a Roth IRA
A Roth IRA is a fantastic vessel for anyone wanting to save for retirement. One of the best things about a Roth IRA is that while your contributions are not tax-deductible, your contributions grow tax-free. While a Roth IRA is an excellent way for future retirees to set themselves up for a better tax situation…
The Common Mistakes You Should Avoid When Building Your Tax-free Nest Egg
A Roth IRA is a fantastic vessel for anyone wanting to save for retirement. One of the best things about a Roth IRA is that while your contributions are not tax-deductible, your contributions grow tax-free. While a Roth IRA is an excellent way for future retirees to set themselves up for a better tax situation…
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