Cash News It’s too soon to know how many homes were damaged or destroyed by flooding from Hurricane Helene across the Southeastern U.S. The storm’s 140 mph winds and record storm surge left a path of death and destruction rarely seen in U.S. history. Homeowners who have flood insurance could get some financial relief for […]
China’s economic bright spots provide a warning
What a visit to an optimistic port reveals Source link
How to use an FHA 203(k) loan to renovate a home #CashNews.co
Cash News You’ve found a home in your dream neighborhood, and it’s for sale! The problem is — it’s been neglected for years and needs expensive updates and repairs. Given the property’s condition, you’re unsure if you’ll be able to get a mortgage to buy it. Unfortunately, you don’t have enough cash to purchase the […]
The private-equity industry has a cash problem
How much money are your private-equity investments making? The question is easy to answer for other asset classes, such as bonds or publicly traded stocks. All that is required is the price paid at purchase, the price now and the time that has elapsed between the two. It is less obvious how returns for private-equity […]
A valuable card for frequent fliers #CashNews.co
Cash News For small business owners who fly with Southwest Airlines often, the Southwest® Rapid Rewards® Premier Business Card is worth a look. It comes with a high-value welcome offer, decent rewards for Southwest loyalists, and several airline-focused perks. But it also has a $99 annual fee, so you need to ensure you’ll get enough […]
How NIMBYs increase carbon emissions
Opposition to new buildings has unfortunate consequences Source link
What does it mean to ‘pay yourself first,’ and how does it work? #CashNews.co
Cash News Rent, groceries, gym memberships, home maintenance, streaming subscriptions — your list of can seem endless. So it’s no wonder that by the end of the month, you might not have much left to put into a savings account. If that situation sounds familiar, there’s a savings strategy that can help. It’s called “pay […]
How China, Russia and Iran are forging closer ties
Vladimir Putin, Russia’s president, and Ebrahim Raisi, his Iranian counterpart, have several things in common. Both belong to a tiny group of leaders personally targeted by American sanctions. Even though neither travels much, both have been to China in recent years. And both seem increasingly fond of one another. In December they met in the […]
What is a down payment, and how does it work? #CashNews.co
Cash News When you use a mortgage loan to buy a house, more often than not, you’ll need a down payment to make it happen. These up-front, one-time payments can be quite a signifcant chunk of money. In fact, the typical down payment in June 2024 clocked in at $67,500, according to real estate brokerage […]
Japan ends the world’s greatest monetary-policy experiment
On March 19th officials at the Bank of Japan (BoJ) announced that, with sustainable inflation of 2% “in sight”, they would scrap a suite of measures instituted to pull the economy out of its deflationary doldrums—marking the end of a radical experiment. The bank raised its interest-rate target on overnight loans for the first time […]