‘I feel lucky’: I’m 71 and inherited $20,000. What should I do with this money?

New York City’s high-end rental market is popular with luxury clients for a reason.  A wealthy client could have money tied up elsewhere, maybe they don’t want to pay New York City property or income tax, or maybe they just aren’t ready to commit to the city. But for nearly every renter who inks a…

The second quarter likely ended with Rocket regaining the No. 1 spot among mortgage originators from United Wholesale Mortgage, an industry prognosticator says. Processing Content Second quarter volume is expected to increase by 3% quarter-to-quarter for five companies BTIG analyst Douglas Harter covers: loanDepot, PennyMac Financial Services, Rithm, Rocket and UWM Holdings. The consensus gain…

India’s foreign exchange reserves increased by $9.9 billion to $716.907 billion during the week ended August 14, 2026, taking the cumulative rise to nearly $50 billion since the last week of June, latest data released by the Reserve Bank of India (RBI) showed on Friday.   Foreign currency assets (FCAs), the largest component…

Article content House and Senate legislation would enable voluntary private investment in infrastructure supporting growing government and commercial space operations THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles from Barbara Shecter, Joe O’Connor, Gabriel Friedman, and others. Daily content from Financial…

Wealth management firms promote their ability to preserve, protect and grow wealth. That’s an important foundation. But for families managing wealth across generations, financial performance alone doesn’t answer a more fundamental question: “What’s this wealth meant to support and make possible?” In our opinion, returns are the “how.” Purpose is the “why.” As the largest…

AI-powered lettings business Dwelly has secured £125 million in funding to support its acquisition strategy of independent letting agencies and expand its technology platform across the UK and into European markets. The funding round was co-led by EQT Growth and General Catalyst, comprising $95 million in equity and a further $75 million through an expanded…