Cash News Between 2023 and late 2024, Nvidia (NVDA) tripled its market value to $3 trillion, becoming one of the most followed stocks in the market. The catalyst was a steep rise in spending on artificial intelligence (AI) infrastructure as enterprises globally began building data centers to support their growing need for high-performance computing. Nvidia’s […]
Earn 5% on your savings while supporting environmentally friendly banking #CashNews.co
Cash News Summary: Formerly known as Congressional Bank, Forbright Bank operates with the mission to drive decarbonization and support the energy transition. Forbright Bank specializes in offering banking services, lending solutions, and financing for renewable energy projects, energy efficiency, and sustainability-driven businesses. It currently operates a handful of physical branches and service hubs across Maryland […]
How to use an FHA construction loan to build your dream home #CashNews.co
Cash News If you need financial help to build your dream home from scratch or even just to remodel your bathroom, an FHA construction loan can help. FHA loans are geared toward people with relatively low credit scores and down payment savings, making FHA construction loans great options for first-time home buyers who want to […]
Here’s where prices are easing up as inflation cooldown continues #CashNews.co
Cash News Americans plagued by rising prices the past three years got another promising sign on Thursday as inflation registered the lowest annual reading since February 2021. The Consumer Price Index (CPI), a broad measure of the price of everyday goods, including groceries, gasoline, and rent, rose 0.2% in September over the previous month, slightly […]
Openbank launched a high-yield savings account with 5.25% APY. Do you qualify? #CashNews.co
Cash News Following the Fed Reserve’s recent rate cut, banks have been slashing their savings account rates. Just a few months ago, you could find dozens of high-yield savings accounts that paid 5% APY or higher. Now, rates this high are rare. However, you aren’t out of luck if you’re looking to earn 5% or […]
Trump’s trillion-dollar tax cuts are spiralling out of control
His zany promises would blow up the deficit Source link
What is per diem interest when closing on a house? #CashNews.co
Cash News When you buy a home using a mortgage loan, you’ll owe a whole list of fees and charges (also called closing costs) on the day you close your loan. One of those fees is per diem interest, and depending on your interest rate and loan closing date, it can often amount to a […]
Inside the secret oil trade that funds Iran’s wars
In a war with Israel, Iran would need money. Not just to buy weapons and keep its economy afloat, but to re-arm militias such as Hamas and Hizbullah. Many assume that, after years of sanctions, it would struggle. They are wrong. Every year Iran funnels tens of billions of dollars from illicit oil sales to […]
What to do if your check was stolen from the mail #CashNews.co
Cash News Mail theft has been on the rise since the COVID-19 pandemic. This crime happens in an instant, but when it involves a stolen check, the damage can be long-lasting. If your check is stolen from the mail, you’ll need to act fast to prevent financial losses and identity theft. If you’re lucky, you […]
What is a HECM reverse mortgage, and do you qualify? #CashNews.co
Cash News Are you nearing retirement and paid off most (or all) of your mortgage loan? You have several options to take advantage of your home equity. You can enjoy living without monthly mortgage payments or sell the house and pocket the money to downsize to a smaller home. Another option is to tap your […]