Inflation

A recent survey reveals that 61% of U.S. workers fear retirement more than death, with 64% finding it scarier than divorce due to concerns about financial insecurity and insufficient savings.

Callum Conway-Shaw Aug 28, 2024

A Canada-based salesman is struggling with $12,000 in monthly costs, led by over $7,000 in mortgage payments, which is alone 60% of his take-home pay. Experts advise him to sell his cars, house, or rent until his debt is repaid.

Niloy Chakrabarti Aug 27, 2024

More UK homeowners seek financial assistance from charities and lenders as their fixed-rate mortgage deals end this year. The new, higher rates are expected to hike payments by an average of £1,800 annually, raising risks of defaults and more outstanding balances with arrears.

Niloy Chakrabarti Aug 27, 2024

A bride's extravagant demands have gone viral after she asked her bridesmaid to take out a $20,000 loan to cover lavish wedding expenses, sparking widespread outrage online.

Danielle Summer Aug 27, 2024

The average UK credit card APR has increased significantly since early 2023 as part of the BoE's broader interest-hike campaign to curb inflation. This has weighed on household budgets as more outstanding debt balances slip into delinquencies.

Niloy Chakrabarti Aug 24, 2024

The trash and dumpster cleaning services industry benefits from intrinsic factors like a growing population, densely populated areas, and environmentally conscious consumers and lawmakers calling for sustainable practices.

Niloy Chakrabarti Aug 24, 2024

Buffett invested heavily in the Class A shares of Heico Corporation, which continues to post record net sales and income growth while returning value to investors via cash dividend hikes.

Niloy Chakrabarti Aug 21, 2024

Burry reduced Scion Asset Management's portfolio size by almost half in Q2 to just over $50 million as part of a reshuffling that involves investments in healthcare and China's tech firms.

Niloy Chakrabarti Aug 20, 2024

A recent study shows that US nationals believe former President Donald Trump would manage their finances better than Vice President Kamala Harris.

Danielle Summer Aug 19, 2024

By raising the thresholds that define the middle class, inflation has taken its toll on middle-class US households in particular.

Danielle Summer Aug 17, 2024

During Redfin's Q2 earnings call, CEO Glenn Kelman said he is surprised about the muted real estate market activity despite mortgage rates consistently declining in recent months.

Niloy Chakrabarti Aug 14, 2024

A Portland couple earning $250K annually struggles to find an affordable home while avoiding becoming "house poor," highlighting the growing challenge of following the outdated 30% income rule amid rising housing costs.

Callum Conway-Shaw Aug 13, 2024

Best-selling author Jen Glantz had her retirement portfolio reviewed by a financial planner, who found it lacked tax diversification, passive income streams, and timely contributions to retirement accounts.

Niloy Chakrabarti Aug 13, 2024

More startups are fundraising on StartEngine, as non-accredited investors on the platform can gain exposure to these pre-IPO companies, which was limited to the financial elites due to the high capital entry barrier.

Niloy Chakrabarti Aug 13, 2024

As economic worries grow, Americans increasingly choose better retirement benefits over bigger paychecks, showing a change in what they want from their jobs.

Vinay Patel Aug 09, 2024

Equity fund manager and investor Grant Cardone explained that a million dollars would make you rich in 1960, not today, as the value of the greenback has dropped steeply over the decades.

Niloy Chakrabarti Aug 07, 2024

These US cities are paying workers to relocate to the area to boost their economy. And, due to rising inflation and unchanging mortgage rates, it's working.

Danielle Summer Aug 06, 2024

Gold prices hover near record highs as disappointing tech earnings, growing Israel-Iran tensions, and signs of weakness in the US economy stirred volatility in global stock markets.

Niloy Chakrabarti Aug 03, 2024

Intel will deploy over a $10 billion cost-cutting plan to strengthen its balance sheet and accelerate plans for AI chips and the foundry business.

Niloy Chakrabarti Aug 02, 2024

Bill Perkins doesn't plan on leaving anything to his two children as an inheritance, believing that giving them money earlier in life can have a meaningful impact.

Niloy Chakrabarti Jul 31, 2024

Robert Kiyosaki explains why it is time to cash in real estate investments. He sees a major market crash before a long-term bull cycle in late 2025 lifts prices of different assets to record levels.

Niloy Chakrabarti Jul 31, 2024

Goldman Sachs analysts believe small- and equal-weight benchmarks will keep outperforming unless Q2 reports of big tech companies lead analysts to bump their sales forecasts for the latter half of this year and 2025.

Niloy Chakrabarti Jul 29, 2024

The Cboe Volatility Index jumped to a three-month high of 18.46 while Warren Buffett's time-tested stock market valuation indicator reached record levels of 200%.

Niloy Chakrabarti Jul 25, 2024

Inflation squeezing wallets! Can't afford groceries? This TikToker hacks kids' meals to save money, but is it a sign of a bigger problem?

Vinay Patel Jul 25, 2024

Berkshire Hathaway Chairman Warren Buffett's stock market valuation indicator reached an all-time high of 200% last week, implying extreme stock valuations.

Niloy Chakrabarti Jul 22, 2024

Wedbush Securities analysts led by Dan Ives believe Q2 earnings will be a positive catalyst for tech stocks, which could climb another 15% this year.

Niloy Chakrabarti Jul 19, 2024

The unprecedented rental crisis in Toronto is marked by soaring rent prices and exploitative practices like renting out shared living rooms and wardrobes.

Danielle Summer Jul 15, 2024

The rising rate of inflation in recent years has led to several cost-conscious Americans complaining that a Disney World vacation is becoming expensive.

Danielle Summer Jul 08, 2024

Shark Tank star and investor Kevin O'Leary says it is possible to survive in retirement with $500,000 in the bank, but his approach may be unrealistic for many.

Niloy Chakrabarti Jul 05, 2024

Ray Dalio's offensive and defensive investing strategies, combined with diversification across industries and asset classes, have helped him amass a personal fortune of $15.4 billion.

Niloy Chakrabarti Jul 03, 2024