Besides under the proverbial mattress, knowing where to keep your cash can be challenging. This is especially true with the latest bank failures. Of course, you want your money to earn interest, but you also need it to be safe. And there are numerous choices. When deciding to park your savings, it’s best to examine…
How a Fed Increase Could Affect Credit Card Debt, Auto Loans?
May 6, 2023
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NEW YORK—The Federal Reserve has raised its key interest rate yet again in its drive to cool inflation, a move that will directly affect most Americans. On Wednesday, the central bank boosted its benchmark rate by a quarter-point to 5.1 percent. Rates on credit cards, mortgages and auto loans, which have been surging since the…
7 Tips for Managing Your Real Estate Business Like a Pro
By Dave Spooner When it comes to investing in real estate, good management is the key to success. It’s the difference between real estate being a daily stressor in your life or an avenue to financial freedom. But rental businesses have many moving parts, and it can be difficult to prioritize your landlord duties when…
Closing Prices for Crude Oil, Gold and Other Commodities (May 5)
May 5, 2023
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Benchmark U.S. crude oil for June delivery rose $2.78 to $71.34 a barrel Friday. Brent crude for July delivery rose $2.80 to $75.30 a barrel. Wholesale gasoline for June delivery rose 5 cents $2.38 a gallon. June heating oil rose 7 cents $2.31 a gallon. June natural gas rose 4 cents to $2.14 per 1,000…
How to Help Your Children Buy a Home
By Emma Patch From Kiplinger’s Personal Finance Given today’s high home prices, many parents these days want to help their adult children buy their first home. One way to do that is through an intra-family loan that works for parents and children. You may be able to offer your child a lower interest rate than…
Closing Prices for Crude Oil, Gold and Other Commodities (May 4)
May 4, 2023
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Benchmark U.S. crude oil for June delivery fell 4 cents to $68.56 a barrel Thursday. Brent crude for July delivery rose 17 cents to $72.50 a barrel. Wholesale gasoline for June delivery rose 1 cent $2.33 a gallon. June heating oil rose 1 cent $2.24 a gallon. June natural gas fell 7 cents to $2.10…
What Happened to First Republic Bank?
On May 1, First Republic Bank became the second-largest bank failure in U.S. history. Its failure is second to Washington Mutual (2008) and just ahead of Silicon Valley Bank recently. The result was another disruption in the banking industry. Trouble was on the rise in February 2023 when First Republic’s shares had a 98 percent…
Closing Prices for Crude Oil, Gold and Other Commodities (May 3)
May 3, 2023
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Benchmark U.S. crude oil for June delivery fell $3.06 to $68.60 a barrel Wednesday. Brent crude for July delivery fell $2.99 to $72.33 a barrel. Wholesale gasoline for June delivery fell 11 cents $2.32 a gallon. June heating oil fell 6 cents $2.23 a gallon. June natural gas fell 4 cents to $2.17 per 1,000…
Closing Prices for Crude Oil, Gold and Other Commodities (May 2)
May 2, 2023
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Benchmark U.S. crude oil for June delivery fell $4 to $71.66 a barrel Tuesday. Brent crude for July delivery fell $3.99 to $75.32 a barrel. Wholesale gasoline for June delivery fell 11 cents $2.44 a gallon. June heating oil fell 9 cents $2.29 a gallon. June natural gas fell 11 cents to $2.21 per 1,000…
Closing Prices for Crude Oil, Gold and Other Commodities (May 1)
May 1, 2023
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Benchmark U.S. crude oil for June delivery fell $1.12 to $75.66 a barrel Monday. Brent crude for July delivery fell $1.02 to $79.31 a barrel. Wholesale gasoline for June delivery rose 2 cents $2.55 a gallon. June heating oil was unchanged at $2.38 a gallon. June natural gas fell 9 cents to $2.32 per 1,000…
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