Auto Added by WPeMatico
Having sufficient savings is an important step towards financial independence. To ensure your nest egg is working hard for you, it’s a good idea to understand tax-free allowances, how inflation affects your finances, and the rules around how different savings accounts operate. Can you get full marks in our savings quiz? Test yourself below. Try…
By Michael Sasso (Bloomberg) — U.S. new-home sales declined in July to a six-month low, indicating higher mortgage rates are curbing demand even as builders trim prices and offer incentives. Contract signings on new single-family homes decreased 10.5% last month to a 607,000 annual rate, according to government figures released Tuesday. Economists surveyed by Bloomberg…
Key insights: New York City-based Municipal Credit Union is working on developing its own chatbot to provide members with information about the products and services it offers that it eventually hopes will integrate directly with its call center to provide more insights into its members. What’s at stake: More than half of Americans use AI…
The RBI’s gold stock remained unchanged at 880.52 metric tonnes as of the week ended July 31 | (Photo: Reuters) 3 min read Last Updated : Aug 25 2026 | 11:44 PM IST The Reserve Bank of India (RBI) net bought $561 million in June, against a net sale of $6.10 billion in May….
Former New York Gov. Eliot Spitzer will finally get to demolish 985 Fifth Avenue after suing the state to obtain approval. Spitzer claimed that the state’s Division of Homes and Community Renewal (HCR) was delaying the approval of an application to not renew rent-stabilized leases in the building, a necessary step before the property could…
Wells Fargo Advisors has suspended its participation in Forbes advisor rankings and conferences, according to a memo sent to the firm’s financial advisors on Tuesday. This follows Morgan Stanley’s announcement that it pulled out of the rankings last week. The move comes after news reported by The New York Times last week that Randall Lane,…
As advisory businesses mature, complexity often becomes synonymous with success. Expanded capabilities, broader service offerings, and larger teams are all signs of growth. Yet there comes a point when adding more no longer creates more value. Instead, it begins to slow the business down. Today’s top advisors are managing far more than investment portfolios. They’ve…
Mortgage performance continues to improve in the third quarter, as delinquencies declined across all stages in July, a new industry report found. Processing Content The national delinquency rate dropped 16 basis points to 3.39% last month, Intercontinental Exchange’s latest first look report found. The rate was still 12 basis points above last year but 46…
Credit card spends topped ₹2 trillion for the third consecutive month in July, with the average monthly spend in 2026 rising to ₹2 trillion, compared with ₹1.93 trillion in 2025, latest data released by the Reserve Bank of India (RBI) showed. Credit card spends in July stood at ₹2.08 trillion, up from ₹1.93…
Canadian banks are not being harmed by the effects of new U.S. tariffs that impact some of their customers, and the banks may even find new opportunities, Reuters reported Tuesday (Aug. 25). Bank of Montreal (BMO) and Bank of Nova Scotia (Scotiabank) reported earnings Tuesday that beat quarterly profit estimates, according to the report. The…