Finance
Jamie Dimon is skeptical about a soft landing after rate cut
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said he remains skeptical about a soft landing in the US following the Federal Reserve’s first
Nuclear Commission greenlights a nuclear reactor on a college campus
Abilene Christian University is going nuclear. The small college in Texas has received the green light by the Nuclear Regulatory Commission (NRC) to build the
Rich Americans are taking over this part of Portugal
The Algarve, the sunny southern coast of Portugal, is more popular than ever with visitors, and the region’s housing market is booming as a result. Real estate agency Savills
Nvidia stock won’t suffer from DOJ probe, Bank of America
It’s too early to say whether rumors of a Department of Justice (DOJ) probe into Nvidia will stop its runaway stock, according to Bank of
It’s getting easier to find a starter home but harder to afford one
There are more starter homes ready for people to buy, but they are not getting any cheaper. Still, there’s some increased interest among buyers. Pending
Mike Lynch yacht sinking: Witness blames ‘extreme mast’
An eye witness to the sinking of British tech entrepreneur Mike Lynch‘s yacht on Monday attributed the tragedy to the extremely tall mast, which made the
Forget the 30-year mortgage: The 40-year mortgage needs to become the new American standard, CEO says
It’s no secret that people can’t afford to buy homes in this post-pandemic era. Home prices skyrocketed during the pandemic, mortgage rates soared after, and
Debt strategy seen as unsustainable is getting more popular
A three letter acronym is increasingly cropping up in corporate filings and it’s fueling concern among ratings companies and fund managers. Mentions of PIK in
Why rich people are suddenly flocking to Walmart
Pinching pennies isn’t just for cash-strapped shoppers. More affluent consumers are looking to save money, and they’ve been a key demographic in propelling the continued
As Ripple’s stablecoin edges closer to debut, making its mark won’t be easy
On Friday, Ripple began testing its stablecoin on the company’s own blockchain, XRP Ledger, and Ethereum. The crypto firm first announced its plans to launch