Gold prices are breaking higher after a tough stretch. Could fresh records be within reach?
Gold miners’ stocks can offer a high-quality play for investors worried about inflation and the Fed.
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Labor Dept. Data Shows Workers Getting Slight Pay Bump
New government data showed working-class consumers in the United States seeing a bump in pay, The Wall Street Journal reported Thursday (July 23). Economists said improved finances among working-class people at the lower tier of the economy could explain why they’ve upped their spending on essentials and discretionary items, per the report. The data from…
Inherited property faces £120,000 tax bill under reforms
Property owners and investors could face substantially higher capital gains tax bills on inherited assets if proposed reforms are implemented, according to analysis from wealth manager Rathbones. The research examines two potential policy changes: removing the capital gains tax uplift on death and aligning CGT rates with income tax bands. The findings suggest beneficiaries could…
Majority of tenants support rent controls, survey finds
More than 80% of tenants support the introduction of rent controls as Prime Minister Andy Burnham considers reform of the rental market, according to new survey data. A survey of 5,607 tenants conducted by SpareRoom this month revealed widespread backing for the policy, though industry bodies and lettings professionals have warned the measure could reduce…
Slowdown in UK annual house price growth to 1.8% in July – Nationwide
Annual house price growth slowed to 1.8% in July from 2.2% in June, with the average price at £277,542. House prices were up 0.1% month-on-month, according to data from Nationwide. Robert Gardner, chief economist at Nationwide, said: “Market activity and house prices have remained soft in recent months, in part reflecting the uncertain economic…
ServiceNow’s stock rises as earnings show momentum in cybersecurity
Against a gloomy backdrop for software sentiment, ServiceNow just topped revenue expectations.
Why Your Neighbor Is Paying Half as Much for Home Insurance
Imagine two houses on the same street—same size, same age, same everything. But one homeowner will pay $1,200 a year to insure theirs, while another will pay $2,100. It might sound like a pricing error, but it isn’t. A recent Urban Institute analysis of mortgage and insurance data found this kind of gap is common…
