NewsSeptember 14, 20269 min read
What is August really about? Owen Lamont, senior vice president and portfolio manager at Acadian Asset Management, suggests that for normal people, it’s about relaxing on the beach, but for…
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NewsSeptember 14, 20264 min read
The Labor Department’s unemployment rate has been declining in recent months, reversing last year’s uptick, but an alternate measure tells a different story. Recommended Video In July, the official rate…
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NewsSeptember 14, 20264 min read
CEOs have been warning professionals that AI won’t take their jobs—it’ll actually be their tech-savvy coworkers snatching up opportunities. Now, those who aren’t riding the wave of the AI job…
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NewsSeptember 14, 20265 min read
In every room, at every table, I hear predictions about what AI means for the workforce and the future of work. The talk is mostly about jobs: which roles are…
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NewsSeptember 14, 20265 min read
The American billionaire who bought Ferrari’s first electric vehicle model for an eye-watering eight figures may be able to cash in on a tax write-off perk from the purchase. Recommended…
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NewsSeptember 14, 20267 min read
Martha Shedden has spent 15 years trying to talk Americans out of panicking. Lately, she says, it’s a losing battle. Recommended Video She cofounded the National Association of Registered Social…
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NewsSeptember 14, 20266 min read
Home equity loans and home equity lines of credit each give homeowners access to the value built up in their property, whether through consistent mortgage payments or a cash purchase.…
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NewsSeptember 14, 20268 min read
The average interest rate for a 30-year, fixed-rate conforming mortgage loan in the U.S. is 6.670%, barely changed from the day before, according to data from Mortgage Research Center. Meanwhile,…
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NewsSeptember 14, 20267 min read
The current average refinance rate on a 30-year, fixed-rate home loan is 6.717%, according to Mortgage Research Center data. If you’re a homeowner hoping to refinance your mortgage for a…
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NewsSeptember 14, 20265 min read
While fixed-rate mortgages are far more popular than adjustable-rate mortgages, the latter are worth considering if you’ve got a little tolerance for uncertainty. That’s because an ARM may offer a…
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