Cash News If you’re looking for a place where your money is readily tappable but can grow over time, a high-yield savings account is a good option. These are typically available at online banks and credit unions and can pay more than 10 times the interest of a regular savings account. Many savers use high-interest […]
As the Nikkei 225 hits record highs, Japan’s young start investing
Saito Mari, a 28-year-old nurse, was frustrated. Her pay, at just ¥160,000 ($1,100) a month, was meagre; after bills, rent, shopping and a few holidays, she had little left over. So in 2020 she decided to buy some stocks. “I used to think it was too risky,” says Ms Saito, who learned about investing via […]
What is a neobank, and is it safe? #CashNews.co
Cash News Banking has evolved along with most other financial products and services in the online age. The result is the advent of neobanks, or digital-focused financial institutions that challenge the traditional banking model. Neobanks typically offer a small range of core banking products, such as standard checking and savings accounts and high-yield savings accounts. […]
Trump wants to whack Chinese firms. How badly could he hurt them?
History provides a guide Source link
13 steps to getting the keys to your new home #CashNews.co
Cash News If you’ve decided you’re ready to buy a house, you’ve probably already started looking at potential homes online. Naturally, you want to see the possibilities — and dream about your new home and neighborhood. But just how do you buy that house you fell in love with online? Yahoo Finance has compiled 13 […]
Europe faces a painful adjustment to higher defence spending
With vladimir putin issuing threats and Donald Trump musing about withdrawing support, everyone agrees that Europe needs to spend more on its armed forces. What is less widely recognised is how wrenching the shift will be for a continent that has grown used to outsourcing its defence to America. Over the past three decades, politicians […]
What it is and how to get one in 2024 #CashNews.co
Cash News Conventional loans are the main engine driving the home mortgage machine — the go-to loan product for most borrowers. More than half of all purchase mortgages were conventional loans in 2022. Conventional mortgages are not insured by the government and have their own specific requirements on what it takes to qualify. Because they […]
Gucci, Prada and Tiffany’s bet big on property
Listen to this story. Your browser does not support the element. From the corner of Fifth Avenue and 57th Street the facade of Tiffany’s looks just as it did in 1961 when Audrey Hepburn, dressed in a long black dress and pearls, nibbled on a croissant outside it. Inside, however, things are rather different. After […]
What is an FHA loan, and how do you qualify? #CashNews.co
Cash News For nearly 100 years, the Federal Housing Administration has helped families achieve the goal of homeownership. Some 50 million loans insured by the FHA have been issued by approved lenders tailored to stimulate homeownership, particularly for first-time home buyers and low-to-moderate-income households. A much greater assortment of mortgage loan types is available to […]
Stockmarkets are booming. But the good times are unlikely to last
Everywhere you look, stockmarkets are breaking records. American equities, as measured by the S&P 500 index, hit their first all-time high in more than two years in January, surged above 5,000 points in February and roared well above that level on February 22nd when Nvidia, a maker of hardware essential for artificial intelligence (AI), released […]