Cash News The Yahoo View: PenFed offers a variety of home loans, but its VA-backed loans are where it really shines. Those looking for VA loans can find eBooks and a wealth of educational resources to ease the mortgage process. Plus, PenFed caps its VA loan processing fee at $995, which is lower than what […]
The yen is on a wild ride. As Asian markets opened on April 29th, the currency plunged to a 34-year low of 160 to the dollar, adding to a hefty fall over the past three years (see chart). A sudden reversal to more like 155 to the dollar prompted rumours of intervention by the Bank […]
The West faces an unprecedented number of new arrivals Source link
When it comes to economic growth, America comfortably beats Europe. Many factors have fed America’s outperformance, from tech innovation to vast oil reserves. But there is one explanation that seems almost too simplistic: that “Americans just work harder”, as the head of Norway’s oil fund put it in an interview with the Financial Times on […]
Cash News Divorces can get messy. And if you own a home together, that only complicates matters. Do you sell the house? If not, who gets it? More importantly, how will you handle paying your mortgage moving forward? There are lots of questions — and, often, no easy answers. Fortunately, you have several options if […]
When Russia’s leaders stopped most of the country’s gas deliveries to the EU in 2022, they thought themselves smart. Prices instantly shot up, enabling Russia to earn more despite lower export volumes. Meanwhile, Europe, which bought 40% of its gas from Russia in 2021, braced itself for inflation and blackouts. Yet two years later, owing […]
Cash News FHA loans are government-backed mortgages that make homeownership more affordable for borrowers with limited down payment funds and less-than-stellar credit histories. However, the Federal Housing Administration (FHA) limits how much you can borrow, and the numbers change every year. In response to the rising home prices throughout the U.S., FHA loan limits have […]
Hedge funds take great pains to hide their inner workings. So a recent court case in which Jane Street sued two former employees and Millennium Management, another fund to which they had jumped ship, was immensely pleasing to the firm’s rivals, since it offered a rare view into one of the industry’s giants. Among the […]
One-third of Ivy League graduates end up working in finance or consulting. So perhaps it is unsurprising that campus protesters are providing investment advice: they want university endowments to get rid of assets linked to Israel. At Columbia University, for instance, a coalition of more than 100 student organisations is demanding that administrators divest from […]
Since Russia began its invasion in 2022, Ukraine’s economy has shrunk by a quarter. But the ravages of war are not the only reason for the government’s reduced tax take. Businesses are also making use of the chaos to dodge paying their fair share. This is particularly true in agriculture, which before the war was […]