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A reader wrote in this week to challenge a recent column of mine about Gen Z and their spending habits. Essentially, aggregated Bank of America credit card data shows this…
Read article →The federal government’s tariff windfall is evaporating faster than expected, and the Congressional Budget Office says it’s blowing a $200 billion hole in this year’s budget. Recommended Video CBO now…
Read article →For nearly 50 years, one number barely moved. Every year or two, the General Social Survey asks Americans how happy they are, and for decades the balance between “very happy”…
Read article →In the hills of Emilia-Romagna, a bank vault holds more than half-a-million wheels of Parmigiano Reggiano, worth well over 300 million euros. Recommended Video The vault belongs to the bank…
Read article →The AI revolution is leading to a massive boom in data centers. Major cloud-service providers like Google, Meta, Microsoft, and Amazon are engaged in a frenzied bid to keep up…
Read article →Last week, Tyson Foods CEO Donnie King offered investors a sobering report on beef prices: “Beef hasn’t performed the way we expected,” King said during an earnings presentation, “and we’re…
Read article →America is getting older. That much is obvious. Recommended Video What’s less obvious—and far more consequential—is that we have failed to build the infrastructure families need to navigate aging. As…
Read article →A home equity loan and a home equity line of credit both let homeowners borrow against the equity they’ve built up. Because the debt is secured (backed by your house),…
Read article →If you’re planning to buy a home and the idea of a mortgage with an interest that fluctuates doesn’t scare you, you might be the target customer base for adjustable-rate…
Read article →The current average refinance rate on a 30-year, fixed-rate home loan is 6.779%, according to Mortgage Resource Center data. If you’re a homeowner hoping to refinance your mortgage for a…
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