Financial Insights That Matter Stellantis Exec Says Maserati May Be Sold OffMaserati The massive multinational automotive conglomerate Stellantis is apparently on a mission to cut costs. In recent weeks, executives such as CEO Carlos Tavares and CFO Natalie Knight have made public statements that suggest the company could wind up cutting brands that aren’t able […]
Cash News If you are purchasing a home using a Federal Housing Administration (FHA) loan, you will have to pay FHA mortgage insurance premiums (MIP) as a condition of the loan. Like private mortgage insurance on conventional loans, FHA MIP protects the FHA lender from the risk of borrower default. FHA loans have lower credit […]
Financial Insights That Matter Germany’s Finance Minister Christian Lindner plans cuts in areas including unemployment payments to close the €17 billion ($18.5 billion) gap in the country’s 2024 budget, according to Funke Mediengruppe. “We will have to deal with three major cost blocks,” he told Funke newspapers in an interview published Saturday. Lindner, who leads […]
Financial Insights That Matter Home bias among investors in Canada may be on the decline, according to a but experts say Canadians are still over-investing at home. (Getty Images) · pictore via Getty Images Home bias among investors in Canada may be on the decline, according to a recent report from Vanguard Canada, but experts […]
Cash News No matter how much income you earn, it’s essential to have a plan for your money. Otherwise, there’s a good chance you’ll find yourself overspending, struggling with debt, or failing to reach important financial goals in your life. Keep in mind that budgets aren’t about restrictions or forcing yourself to do without. Instead, […]
Financial Insights That Matter Skyrocketing interest rates around the globe have culminated in a worldwide housing crisis as economies deal with the problem of burgeoning unaffordable housing. Germany, Europe’s largest economy, has been dealing with slower construction amid stagnant demand, causing the property market to shrink rapidly. “The homebuilding or construction sector is the first […]
Financial Insights That Matter MOSCOW (Reuters) – Russia fined Alphabet’s Google and TikTok on Wednesday for failing to comply with an order from communications regulator Roskomnadzor over banned content, the Moscow courts’ press service said. Moscow’s Tagansky district court fined Google 5 million roubles ($58,038) and TikTok 4 million roubles, the court said, for failing […]
Cash News CDs are usually the kinds of bank accounts you set and forget. With a CD, you make an initial deposit and then leave the money alone for a set amount of time, and you know up-front how much interest you’ll earn. With add-on CDs, however, the rules are a little different. You get […]
Financial Insights That Matter The Canadian dollar strengthened against the greenback on Monday, and the yield on benchmark government debt slipped. The loonie was trading 0.3% higher at C$1.3834 to the greenback, or 72.29 U.S. cents, after trading in a range of 1.382 to 1.3946. Canadian government 10-year bond yields fell 11 basis points to […]
Financial Insights That Matter Germany is in a financial pickle of its own making. The coalition government’s attempt to repurpose €60 billion ($65.5 billion) in unused pandemic funds for climate spending was ruled unconstitutional in November, forcing ministers to agree on emergency budgetary cuts, including to electric-vehicle subsidies. The economy is set to more or […]