Mortgage rates continued their upward climb this week, leaving demand essentially flat in the stagnant housing market. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage surged to 6.72% from last week’s reading of 6.54%. The average rate on a…

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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK borrowing costs climbed on Thursday, touching their highest levels of the year, as bond investors worried about the additional borrowing that chancellor Rachel Reeves set out in the Budget.The yield on…

Most economists who had to describe healthy, stable growth would end up largely describing today’s GDP numbers. The economy expanded at an annual inflation-adjusted rate of 2.8% in the third quarter of 2024, after expanding at 3.0% in the previous quarter. Outside of volatile inventory build ups, economic growth actually…

This article was written byFollowI am focused on growth and dividend income. My personal strategy revolves around setting myself up for an easy retirement by creating a portfolio which focuses on compounding dividend income and growth. Dividends are an intricate part of my strategy as I have structured my portfolio…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Alphabet’s profit jumped 34 per cent in the third quarter as the parent company of search giant Google reported strong growth in its cloud business amid robust demand for computing and data…

Daughter of elderly mother (EM) called in a bit of a panic. She had just found out that her 80 year old mother, living alone in another state, had been giving thousands and thousands of dollars to a campaign. This was done with recurring donations she had unwittingly signed up…

This article was written byFollowI work in Digital Technology and I am a private part-time investor. I only invest in things I think I understand :). Therefore I do my own research and enjoy writing about it. My focus is mostly Austria, Germany and to a lesser extent the EU.IMPORTANT:…

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseHere is the thing about Donald Trump’s neofascism, ethnonationalism and the threat he poses to democracy: however you label his prejudices, US voters who do not have an opinion…

When’s the last time you made a friend? Not just someone you see at work, or someone who is an acquaintance – a real friend. Someone you can call on and confide in, and who has your best interest at heart, and who can lean on you as well. In…