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Stocks erased early gains Thursday and closed sharply negative, even as hopes built that the Federal Reserve is done hiking rates this year and techs got a boost from a rally in Meta (META) post-earnings.The S&P 500 was down 0.6% as investors took in another heavy day of earnings. Meanwhil...
In a country where property is considered one of the most valuable assets, a financial product known as Loan Against Property (LAP) has taken center stage in the world of borrowing and lending. As the name suggests, LAP allows individuals to leverage the value of their property to access funds for a...
Just before my 18th birthday, I decided to start a business selling mail-order rock-climbing gear. I can still clearly remember the first day I drove to my Post Office Box (yes, this was before the internet) and found orders with checks attached (yes, people used to mail checks). Wait, I thought, I ...
Traditional wisdom often points to formal education as the surefire pathway to success. The road to wealth, we’re told, passes through the hallowed halls of schools, colleges, and universities. But what if there’s another route? A path less trodden but paved with gold? It’s time to question th...
The Federal Reserve on Wednesday approved a much-anticipated interest rate hike that takes benchmark borrowing costs to their highest level in more than 22 years. In a move that financial markets had completely priced in, the central bank’s Federal Open Market Committee raised its funds rate by a ...
Alphabet’s (GOOGL.O) second-quarter profit exceeded Wall Street expectations on Tuesday and the Google parent announced that its long-time CFO, Ruth Porat, would assume a new role while the company sought a new finance chief. Alphabet’s results were helped by steady demand for its cloud ...
Chinese stocks soared Tuesday as Beijing pledged to ramp up measures to bolster China’s sputtering economy. Hong Kong’s Hang Seng Index surged more than 3%, China’s tech-heavy ChiNext rose 1.8% and the Shanghai Composite Index increased 1.81% on Tuesday morning in Asia. Chinese property ...
The advent of technology has revolutionized various sectors globally, and personal finance is no exception. The digital era has brought about significant changes in the way individuals manage their finances, with technology playing a pivotal role in shaping the future of personal finance worldwide. ...
Oil prices are set to rise in the second half of the year as supply struggles to meet demand, according to the Secretary General of the International Energy Forum. Oil demand bounced back to pre-Covid levels quickly, “but supply is having a tougher time in catching up,” said Joseph McMonig...
Within entrepreneurship, creating a bar business presents a unique appeal. The bar industry possesses a rich potential for success, yet navigating its complexities requires comprehensive planning and strategy. It’s often said that “failing to plan is planning to fail,” particularly in the hosp...
