Nearly 1 in 3 UK Residents Miss Payments as Mortgage Arrears Soar by 50% Amidst Rising Interest Rates
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.
Is This Why Your Rent Is Skyrocketing? DOJ And 8 US States Sue RealPage For Alleged Price-Fixing Scheme
The DOJ is probing RealPage's collusion with landlords via its algorithm-based rental price-setting software to fix higher rents beyond market forces that impacted millions of renters.
Poor Credit Scores Could Cost Brits An Extra £270,000 In Interest Payments Over A Lifetime
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.
This Underrated Niche Cleaning Business Can Help Bring In Up To $14K Weekly While Working A Few Hours Daily
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.
Warren Buffett Splashes $185 Million For 1 Million Shares Of This Leading Aerospace Company In Q2
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.
'Big Short' Investor Michael Burry Ditches Gold, US Stocks For Cheap Chinese Internet Companies
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.
Warren Buffett Ups Stake in SiriusXM by Over 250% In Q2 As Liberty Media Merger Nears Completion
Buffett's move comes ahead of the planned SiriusXM-Liberty Media merger to create a new firm representing the SiriusXM brand for a simplified ownership structure and enhanced trading liquidity.
Redfin CEO Says If Mortgage Rates Don't Fall, Plan B Is To 'Drink Own Urine Or Competitors Blood'
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.
Author Starts Saving In Her 30s But Wants To Retire A Millionaire; Financial Advisor Reveals Four Mistakes She's Making
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.
Kevin O'Leary-backed 'StartEngine' Lets You Invest in Disruptive Startups With As Little As $100
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.
Jeff Bezos-Backed Real Estate Investment Startup Lets You Own Prime US Residential Properties Online with Only $100
Arrived lets you buy prime, vetted single-family rentals across dozens of US markets online for monthly rental income and net-worth growth through value appreciation.
Navigate The AI Selloff with Two Nvidia Alternative AI Stocks That Also Pay Dividends
It could be years before AI becomes the top revenue driver in tech firms, as the new technology will likely take years to mature and fit into business models across industries.
Grant Cardone Says 'If You Have A Million Dollars, You're Broke... You Need $10M In 2024 To Be Rich'
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.
The Top 1% Save Over $150 Billion in Taxes Annually: 5 Tax-Saving Strategies They Use
Millionaires often leverage provisions like backdoor Roth IRAs, 1031 exchanges, and business asset depreciation to reduce tax liabilities and preserve capital.
Credit Card Fraud Cost Americans $1 Billion In 2023 As Identity Theft Cases Flare Up
There are several ways credit card holders can minimise risks and damage from threat actors who steal consumer data and use it to secure fraudulent credit cards and government benefits.
Gold Prices Near Record Highs as Its Safe-Haven Appeal Lure Investors Amid Middle East Tensions
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.
Intel Shares Plunge 18% As It Plans Layoffs, Halts Dividends After Missing Q2 Estimates
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.
Dividend Stocks to Climb as Investors Could Start Deploying $6 Trillion Parked in Money-Market Funds, Says BofA
Analysts see factors like potential rate cuts, ample cash reserves, and dividend payouts from mega-cap tech companies lifting dividend stock prices in the remainder of 2024.
Nancy Pelosi Discloses Buying 10,000 Nvidia Shares After Bipartisan Senators Introduce Bill to Ban Trades
The former House Speaker's latest purchase of 10,000 Nvidia shares follows an additional purchase of 10,000 Nvidia shares in June, despite mounting pressure on Congress to ban these trades.
Former Wall Street Trader Bill Perkins Explains Why Passing On Wealth Early Is Better For Your Kids
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.
Newly Wed Wants Advice On How To Protect Her $1.3M Home And Finances From 'Monster' Husband
An LA woman fell for a narcissist who is also a control freak but leaves breadcrumbs of hope to keep her invested in the relationship.
Robert Kiyosaki Predicts Historic Market Crash That Could Massively Drag Down Real Estate Prices
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.
Republican Rep. Dan Meuser's Portfolio Returned Over 500% Since 2019 — Here's How He Manages His Investments
Dan Meuser manages a diverse portfolio of tech, pharma, and energy stocks. He also holds a significant amount in cash and prioritises passive income from dividends, royalties, and high-yield bonds.
Goldman Sachs Expects Market Sentiment To Support Smaller Firms, Sees Upside of up to 165% for Two Biotech Stocks
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.
Jim Cramer Names Six Companies That May Enter the Trillion-Dollar Stock Club
In a recent episode of CNBC's Mad Money show, Jim Cramer named companies like Eli Lilly, Tesla, JPMorgan, and Walmart that could reach a $1 trillion market valuation.
These Two Market Indicators Are Flashing Warning Signals For US Stocks
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%.
VP Kamala Harris Net Worth, Her Investment Portfolio and How She Manages Her Finances
Harris and her husband maintain a diversified investment portfolio across stocks, bonds, and real estate for wealth appreciation, passive income, and low-risk exposure.
Four Executives Who Helped Nvidia Lead The AI Race and Return 750% In Stock Gains Since Early 2023
Over 29,000 people work at Nvidia globally, each having an important role. However, some stand out due to their leadership qualities, resilience, and innovations.
Here's How Much Net Worth You Need To Join The Top 2% Of America's Wealthiest
It is estimated that by 2025, you will need $2.7 million to enter the top 2% of America's wealthiest. The average net worth of families in 2022 was $1.06 million.
JPMorgan Strategist Who Predicted Biden Withdrawal Has Gloomy Outlook For EV Sector, Ukraine War
Michael Cembalest sees the driverless car backlash coming from citizens, the Russia-Ukraine war continuing despite Russia losing two-thirds of its tanks, and more severe power outages in the US.
