March 4, 2025

Category: Personal Finance

The 30-year rate inches closer to 6.25% #CashNews.co
Personal Finance

The 30-year rate inches closer to 6.25% #CashNews.co

Cash News Most mortgage rates haven’t moved much since yesterday. However, according to Zillow, the 30-year fixed mortgage rate has decreased by three basis points to 6.32%. This may be a small daily drop, but it means the 30-year rate has fallen by 32 basis points in two weeks. There’s no guarantee that interest rates […]

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India has undermined a popular myth about development
Personal Finance

India has undermined a popular myth about development

Thirty years ago Siddharth Dube, a writer, visited a small village in northern India near the site of a historic peasants’ revolt. He found plenty that remained enraging: mud huts, primitive ploughs, “barefoot old men” and “bone-thin children”. One older villager, Ram Dass, recalled the bitter deprivation of his younger years, when he would work […]

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How to get rich in 2025
Personal Finance

How to get rich in 2025

“A single man of large fortune; four or five thousand a year. What a fine thing for our girls!” In “Pride and Prejudice” Jane Austen did not have to explain to the 19th-century reader what Mr Bingley’s “four or five thousand a year” meant, or why it excited Mrs Bennet. It was obvious. Mr Bingley […]

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How India escaped extreme poverty without an industrial miracle
Personal Finance

How India escaped extreme poverty without an industrial miracle

Thirty years ago Siddharth Dube, a writer, visited a small village in northern India near the site of a historic peasants’ revolt. He found plenty that remained enraging: mud huts, primitive ploughs, “barefoot old men” and “bone-thin children”. One older villager, Ram Dass, recalled the bitter deprivation of his younger years, when he would work […]

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How cheap can investing get?
Personal Finance

How cheap can investing get?

THE BATTLE between the world’s two largest exchange-traded funds has reached a pivotal moment. On February 18th VOO, an ETF tracking the S&P 500 that is managed by Vanguard, a giant passive-investing firm, took the crown as the world’s largest. Days later SPY, an ETF managed by State Street Global Advisors, another giant, reclaimed it. […]

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Meet Trump’s fiercest opponent: the bond market
Personal Finance

Meet Trump’s fiercest opponent: the bond market

One of the biggest fears about Donald Trump’s approach to the economy was that he might try to undermine the Federal Reserve’s independence and press it to cut interest rates. So far that has not come to pass. Instead, he has set himself an even tougher challenge: persuading investors that market-determined rates should come down. […]

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