Month: November 2023

Imagine waking up one morning and discovering that your financial circumstances have taken an extraordinary turn: you just received a huge financial windfall. Maybe you won the lottery, or a stock market investment paid off, or you got a job offer that triples your current salary. As a MIT neuroscientist, I’ve always been fascinated by
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In this article UBSG-CH Follow your favorite stocksCREATE FREE ACCOUNT Despite indicators like U.S. credit card debt pointing toward financial and economic pressures, another global financial crash is not imminent, UBS chief U.S. economist Jonathan Pingle believes. U.S. credit card debt soared to $1.08 trillion in the third quarter of 2023, data from the Federal
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In this article UAA Follow your favorite stocksCREATE FREE ACCOUNT Thomas Barwick | DigitalVision | Getty Images It’s tempting to follow the crowd when it comes to investing. While that may not always be wise, experts say one investment vehicle — exchange-traded funds — might be worth a second look now. “It’s been a huge
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In this article WFC Follow your favorite stocksCREATE FREE ACCOUNT Tetra Images | Tetra Images | Getty Images Families preparing for Thanksgiving will find that turkeys are cheaper this year. The U.S. bird population recovered from last year’s avian flu, boosting supply and helping push down prices. This year, a 16-pound frozen whole turkey costs
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The prolonged period of high inflation may finally be coming to an end, according to an analysis of recent data by UBS global wealth management. In October, the consumer price index, a closely followed inflation gauge, increased 3.2% from 12 months earlier, down from 3.7% in September, the U.S. Bureau of Labor Statistics said Tuesday. The report marked
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Potential homebuyers attend an open house in Seattle. Mike Kane | Bloomberg | Getty Images Current homeowners and potential homebuyers are responding to lower mortgage rates, albeit slowly. Mortgage demand rose 2.8% last week, compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. That was the second straight week of
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