If you own your own home, you may be able to tap into the equity of your residence to get some extra money through a reverse mortgage. The amount you qualify for depends on how much equity you have. While you don’t have to make regular payments on the loan, the home must be your […]

(Bloomberg) — The Federal Reserve and many rich-world peers are widely expected to lower interest rates again in the coming week, right after a US presidential election that may not be decided yet. Central banks responsible for more than a third of the global economy will set borrowing costs in the wake of the vote,

Bill Gates is constantly asked for his thoughts on big topics like artificial intelligence, climate change and pandemics. But there are other topics the Microsoft co-founder and billionaire philanthropist finds just as interesting and important — and he’s “surprised” more people aren’t asking about them. “When I first said, ‘What do kids die of?’ I

(Bloomberg) — German banks are cutting legacy US office loan exposure after concerns about commercial real estate losses led to a plunge in bond and equity prices in February. Most Read from Bloomberg Deutsche Bank AG is close to selling about $1 billion of loans linked to CRE there and Deutsche Pfandbriefbank AG is cutting

Just as many private-sector employees can contribute to a 401(k) plan, active members of the U.S. armed forces can invest through a thrift savings plan (TSP). While the TSP and Roth TSP have several benefits that make them a great starting point for your retirement savings, they’re not the only tax-advantaged options available to you.

Warren Buffett’s Berkshire Hathaway reported its profit declined while its cash pile ballooned to a record high of more than $320 billion. Berkshire trimmed its stakes in both Apple and Bank of America, bringing its total proceeds from stock sales this year to about $133 billion. Berkshire paused stock buybacks last quarter as its share

Speaker of the House Mike Johnson and Vice President Kamala Harris stand in the House of Representatives ahead of US President Joe Biden’s third State of the Union address to a joint session of Congress in the US Capitol in Washington, DC, USA, 07 March 2024. SHAWN THEW/Pool via REUTERS Shawn Thew | Via Reuters

You should aim for a diversified portfolio, but instead of going as broadly as possible, it pays to use certain index ETFs to focus your investment. You don’t need to have years of experience to invest in stocks. That’s both a blessing (anyone can do it) and a curse (the risk is usually higher if

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Can you live entirely off dividends? This question piques the interest of millions of young Americans thinking about early retirement and breaking free of their 9-to-5 jobs. A few days ago, someone on r/Dividends – a Reddit discussion

Nvidia (NASDAQ: NVDA) has been this year’s most influential stock, and it has posted huge gains in the process. The artificial intelligence (AI) leader’s sales and earnings have continued to expand at an impressive pace, and the company’s share price is up roughly 180% so far this year. That is just the latest leg of