Explore finance insights, tips, and trends to make informed decisions.
Real Estate
The average rate for a 30-year fixed mortgage in the United States has dipped slightly to 6.81%, offering a small relief to prospective homebuyers amid a challenging real estate market. This follows a modest decline from the previous week's rate of 6.85%, according to data released
Investing
Apple (NASDAQ: AAPL) has held its place as one of the most valuable companies in the world for over a decade, with a current market capitalization of $3.54 trillion as of November 2024. Despite faltering sales of hardware like iPhones and iPads, Apple's robust ecosystem of software
Accounting
Effective budgeting is essential for personal and business success, but even seasoned professionals often fall into common traps that undermine financial stability. Understanding and avoiding these pitfalls can pave the way for smarter financial planning and long-term growth. 1. Failing to Review and Adjust Regularly Budgets aren’t static—they
Construction
The U.S. faces a massive housing shortage, with millions of homes needed to meet growing demand. However, builders are struggling to deliver. A combination of rising costs, labor shortages, and regulatory hurdles is stalling construction, even as home prices soar. The Housing Crisis in Numbers The U.S. currently
Accounting
Conquering debt with bad credit can be challenging, but with strategic planning and disciplined execution, it's achievable. Here are 3 tips to help you navigate this journey: 1. Create a Realistic Budget Begin by assessing your income and expenses to develop a budget that prioritizes debt repayment. Identify
Entrepreneurship
Entrepreneurship is often seen as a pathway to freedom, creativity, and financial prosperity. However, starting and running a business comes with significant challenges, and many ventures fail to thrive. Recognizing the common pitfalls can help aspiring entrepreneurs increase their chances of success. Below are 5 critical reasons entrepreneurs fail and
Wealth
Warren Buffett, the 94-year-old CEO of Berkshire Hathaway, recently donated $1.15 billion in shares to four family foundations as part of his long-standing commitment to philanthropy. These foundations, including the Susan Thompson Buffett Foundation, prioritize causes such as education and poverty alleviation. Since initiating his giving pledge in 2006,
Semiconductors
The U.S. government plans to reduce Intel's initial $8.5 billion federal chips grant to less than $8 billion. This adjustment considers a $3 billion contract offered to Intel for manufacturing chips for the Pentagon. Earlier this year, President Biden's administration announced nearly $20 billion
Investing
Billionaire investor Bill Ackman is renowned for his value-driven, long-term investment strategy, buying stocks he believes are undervalued and holding them until their prices reflect their true potential. His hedge fund, Pershing Square, recently added two significant investments: Nike and Brookfield Corporation. Ackman poured an estimated $2.2 billion into
Supply Chain
In a recent policy shift, former President Donald Trump announced plans to reintroduce tariffs on steel and aluminum imports, aiming to bolster domestic manufacturing and protect American jobs. However, this move includes specific exemptions for certain countries, reflecting a strategic approach to international trade relations. Background on Tariffs During his
Money
A recent survey highlights that many Americans believe an annual salary of $270,000 is essential to achieve financial success. This figure reflects the growing economic pressures tied to the rising cost of living, as well as the increasing difficulty of maintaining a comfortable and secure lifestyle. With inflation impacting
Small Business
President Donald Trump's policies have significantly influenced small business borrowing in the United States. His administration's approach to taxation, regulation, and trade has created both opportunities and challenges for small business owners seeking financing. Tax Policies and Incentives The 2017 Tax Cuts and Jobs Act, enacted