Cash News The finance director for the City of Annapolis will be stepping down at the end of the year, Annapolis officials say. Jodee Dickinson, who has worked for the city since 2018, sent in her letter of resignation last week, according to Mitchelle Stephenson, spokesperson for the city. Dickinson indicated that she is seeking […]
Rising costs and stagnant state funds pushed this West Texas school district to the financial brink #CashNews.co
Cash News Subscribe to The Y’all — a weekly dispatch about the people, places and policies defining Texas, produced by Texas Tribune journalists living in communities across the state. ODESSA — When Superintendent Scott Muri joined Ector County Independent School District, students scored poorly on the state’s standardized test. The state’s school rating system gave […]
Mortgage rates plunge to lowest level in over a year #CashNews.co
Cash News Mortgage rates fell to their lowest level in over a year, a welcome development for the housing market. The average rate on the 30-year fixed-rate mortgage dropped to 6.47% from 6.73% last week, Freddie Mac reported on Thursday. A year ago, the average rate on a 30-year fixed-rate loan was 6.96%. Separately, the […]
Consider these money moves before the Fed cuts interest rates #CashNews.co
Cash News The Federal Reserve is gearing up to cut interest rates as soon as next month, which could bring relief to people with mortgages, credit cards and car loans. But it could be a bumpy ride until then. A weaker-than-expected jobs report Friday triggered a sell-off on Wall Street this week from which markets […]
Finance Ministry: Deficit at 8.1% of GDP #CashNews.co
Cash News Israel’s cumulative deficit for the last 12 months grew by 0.4% and stood at 8.1% in July, according to the Finance Ministry’s first prediction, announced Thursday. This eclipses the 6.6% deficit ceiling set in the updated version of the 2024 budget, in March, intended to apply until the end of the year. […]
Top investor’s best ‘Magnificent 7’ stock to buy right now #CashNews.co
Cash News After recent earnings seasons from the ‘Magnificent 7,’ many investors felt confident in the big tech companies showing’s. That was until Warren Buffett sold $90B of Apple (AAPL) stock. Yahoo Finance Executive Editor Brian Sozzi spoke with Wind Shift Capital CEO and Founder Bill Blain—aka author of beloved newsletter Morning Porridge—about what tech […]
Embracing Financial Transformation: A Guide For CFOs #CashNews.co
Cash News Razzak Jallow is the CFO of pre-IPO fintech company FloQast. getty The workload of accountants is growing. Their tasks are getting more complex, and issues with data quality and accessibility can inhibit their ability to complete their work with confidence. On top of that, hiring and keeping good talent are becoming increasingly difficult. […]
With mortgage rates dropping, it could be a good time to refinance #CashNews.co
Cash News Mortgage rates have plunged in recent days, leaving many homeowners wondering if they should refinance their mortgages. Considering the drop in rates, some borrowers could save by refinancing, but it depends on their existing rates, term length and the upfront costs associated with financing a new loan. Annual percentage rates for 30-year fixed-rate […]
The “Twaddle” in Finance | Los Angeles Review of Books #CashNews.co
Cash News CHARLIE MUNGER, who died in November 2023, about a month before his 100th birthday, was the mostly silent partner of the more voluble and far-better-known Warren Buffett, and co-head with Buffett of Berkshire Hathaway, generally considered the most successful investment vehicle in modern history. Berkshire is technically a holding company, betting on shares […]
Stocks fade into the close, Nasdaq leads losses as market rebound loses steam #CashNews.co
Cash News Disney (DIS) on Wednesday reported that its total streaming division turned a profit for the first time, though weakness in its parks division dented an otherwise positive report, with the company noting a “moderation of consumer demand” towards the end of the quarter. In Disney’s fiscal third quarter, its direct-to-consumer (DTC) streaming business, […]