Trump’s Chinese cooking oil threat erased $450B from the S&P 500 in minutes, market watcher says — how to manage when politics greases your portfolio
Markets took a late-day gut punch on Oct. 14 after President Donald Trump went on Truth Social and threatened to terminate business with China “having to do with cooking oil” among other “elements of trade” in response to China previously slashing imports of U.S. soybeans. (1) The social media post sent ripples across the stock […]
GOP megadonor issues stark warning for US retirees — Trump’s Fed attacks may carry a ‘steep’ cost for your savings. How to protect your nest egg ASAP
This article adheres to strict editorial standards. Some or all links may be monetized. Ken Griffin, billionaire founder and CEO of hedge fund Citadel, is one of the Republican Party’s top donors. Yet his latest critique of U.S. President Donald Trump is strikingly sharp. Must Read Thanks to Jeff Bezos, you can now become a […]
Nearly 20% of baby boomers are solo renters, keeping apace with this one generation — What this means for the changing real estate landscape
For many, retirement may seem pretty stable, permanent and carefree, what with all the planning, saving and investing that helped get you there. However, there is a growing trend around people reaching their golden Yyears that may surprise some. While solo renting used to be more common for young adults, baby boomers now lead the […]
I’m one of the record number of Americans turning 65 this year. I love my job and want to keep working — but what should I do about Social Security?
As of last year, the U.S. is in the time frame dubbed “peak 65,” during which, thanks to the postwar baby boom, the greatest number of Americans in the history of the nation will be hitting the traditional retirement age over a four-year period (1). With this greying population comes a number of concerns — […]
BOE chief sees ‘worrying echoes’ of 2008 as 2 US firms collapse — warns slicing, dicing of loans have triggered alarm bells. Protect your wealth now
This article adheres to strict editorial standards. Some or all links may be monetized. Leaders around the world are starting to sound alarm bells about a potential financial crisis in the making. Bank of England governor Andrew Bailey recently said he believes there are “worrying echoes” of the subprime mortgage crisis that led to the […]
With a wobbly economy, many millennials and Gen Zers may want to move back in with mom and dad. Here are 3 ways to make intergenerational living work
They’re baaack! You thought your adult child had left the nest to start a life of their own. But, after a period of independent living, they’ve returned home — to stay. Now you’re one of the many parents globally who’s living with a boomerang kid. Nearly half (46%) of the parents surveyed for Thrivent’s 2025 […]
Car repossessions are expected to hit 3 million this year, their highest rate since the 2009 recession. Is it a sign the economy is in trouble?
More Americans are struggling to keep up with their car payments. Auto loan delinquencies have risen above pre-pandemic levels after hitting record lows during COVID — and more borrowers are now facing defaults and repossessions. A recent report from the Recovery Database Network (RDN), says more than 2.5 million cars were repossessed last year, and […]
The Fed raises alarm over ‘deterioration’ in the US housing market — here’s what that means for buyers (and why rate cuts may not be a silver bullet)
This article adheres to strict editorial standards. Some or all links may be monetized. The U.S. housing market is in a slump, and the Federal Reserve has taken notice. Notes from the Fed meeting in September (1) highlighted concerns about a weakening job market alongside potential housing market deterioration. As a result, they cut the […]
My husband and I downsized to a condo last year, but between our hobbies and grandkids, we already feel cramped. Is it crazy to go bigger at 70?
Three out of four Americans aged 50-plus want to age in place, according to AARP’s national 2024 Home and Community Preferences Survey (1). That usually means downsizing. But for some, upsizing is a better decision. Imagine Christine and her husband Steve, both 69, who downsized a year ago, buying a two-bedroom unit in a full-service […]
‘It’s insane’: Lawyers are ‘making money’ and residents losing it in a 5-year-long legal battle between one Florida HOA and a frustrated resident
As if it weren’t enough to have to deal with Florida’s hurricanes, residents of Stonebriar in Pinellas County are swept up in a storm of lawsuits between their homeowners association and resident John Siamas. And just like homeowners end up paying for storm damage, they’re on the hook for the costs involved in this war […]