It’s no secret among Americans that many would-be homebuyers have been priced out of the market due to rising mortgage interest rates and persistent inflated listing prices. Some are now considering more affordable options abroad, but experts are warning potential buyers to do their homework before shelling out their savings for the American Dream overseas….
Can’t Afford a Home in the US? Experts Share Their Top Tips Before Investing Overseas
CEOs Cutting Back or Pausing Their ESG Efforts: KPMG study
Despite U.S. companies championing their environmental, social, and governance (ESG) investments and results, many others are planning to suspend or reconsider their ESG efforts in the coming months over growing recession fears, according to a new report. In August, KPMG published an in-depth report titled “2022 U.S. CEO Outlook.” It assessed a wide variety of…
‘Wild West’ of Crypto Readies for Tax Laws
The “wild west” of cryptocurrency is starting to gain the acceptance and understanding of lawmakers. Robert Francis, managing director at trading platform eToro Australia, said the explicit acknowledgement of crypto in the Australian federal budget was a first, with new tax laws to be introduced to parliament. He said the budget had provided investors and…
[PREMIERING NOW] The Best Way to Fight Inflation: Nick Recce
October 28, 2022
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Nick Reece is vice president of investment strategy at Merk Investments. His research focuses on the market and the economy. Throughout the pandemic, Reece’s predictions for the economy and the stock market have been highly accurate. Now, with the Federal Reserve hiking interest rates in a bid to fight inflation, Reece admits it could do…
The Best Way to Fight Inflation: Nick Reece
October 28, 2022
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Business & Marketseconomic policieseconomyenergyEnergy policyEpochTVFederal ReserveFresh Look AmericainflationInvestmentLive VideosMarketsrecessionUSVideo
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Nick Reece is vice president of investment strategy at Merk Investments. His research focuses on the market and the economy. Throughout the pandemic, Reece’s predictions for the economy and the stock market have been highly accurate. Now, with the Federal Reserve hiking interest rates in a bid to fight inflation, Reece admits it could do…
Amazon Shares Plunge After Tech Giant Forecasts Disappointing Holiday Sales
Shares of Amazon plunged on after-hours trading on Thursday after the company predicted less than spectacular sales for the important holiday shopping season. Amazon shares were down almost 20 percent in extended trading after the Seattle-based tech giant predicted revenue would be $140–148 billion in the three-month period ending the year, missing out on analysts’ average estimate of $156 billion….
Saudi Blasts Release of US Oil Reserves as an Attempt to ‘Manipulate Markets’
October 28, 2022
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The Saudi Arabian energy minister indirectly slammed the decision by the Biden administration to release oil from the Strategic Petroleum Reserve (SPR) as an attempt to “manipulate markets.” This is the latest spat between Riyadh and Washington over crude production. Saudi Energy Minister Prince Abdulaziz bin Salman did not directly mention President Joe Biden over…
US Mortgage Rates Hit Over 7 Percent, the Highest in Over Two Decades
October 28, 2022
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Mortgage rates rose above 7 percent for the first time in more than 20 years, as the American housing market continues to decline. Prior to March of this year, home-borrowing rates were on the way down after a 40-year low, before the Federal Reserve started to increase interest rates to combat out of control inflation….
More Companies Drop Ye Due to Corporate Backlash After Controversial Comments
October 28, 2022
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Peloton and TJ Maxx have cut their ties with rapper and designer Ye, formerly known as Kanye West, following his recent controversial remarks. The two companies are the latest high-profile brands, such as Adidas, Balenciaga, Gap, and Vogue, to cut their longstanding ties with Ye after the row over his words in recent weeks. Adidas, Gap, and Balenciaga have…
Can I Buy Silver From a Bank?
October 27, 2022
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Silver is one of the most affordable and easily accessible forms of investment. Since it’s a great way to diversify your portfolio and retain asset value, many different organizations sell silver to everyday customers. You’ve probably heard of buying gold, silver, and other precious metals online, but you may wonder if you can buy them from a…
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