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Dave Ramsey has blunt warning on real estate, housing market

On March 26, Freddie Mac released the results of its Primary Mortgage Market Survey (PMMS), finding that the weekly 30-year fixed-rate mortgage (FRM) averaged 6.38%. “The housing market continues to show gradual improvements compared to a year ago amid recent rate volatility,” said Freddie Mac chief economist Sam Khater. “Purchase and refinance applications are up

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Bank of America will pay $72.5M to settle lawsuit by Epstein victims

Bank of America has agreed to pay $72.5 million to settle a class-action lawsuit filed on behalf of women who say they were victims of Jeffrey Epstein’s sex trafficking operation, reported CBS News. The settlement was filed in Manhattan federal court on March 27. The bank denies wrongdoing. The settlement still requires approval from U.S.

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TSA is owed nearly $1 billion in back pay, and travelers pay the price

Airport security checkpoints are facing a new strain, with longer lines, overworked officers, and a tension that feels different from the norm. What you are witnessing is the visible result of a political crisis in Washington that has made airport security unsustainable. The Transportation Security Administration officers who check your ID and scan your bags

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GLP-1 weight loss disrupting fashion retail demand

When the size-inclusivity movement gained momentum, it revolutionized the fashion industry, pushing many apparel companies to expand beyond traditional sizing and better serve a broader range of body types. Major retailers responded by expanding their size ranges, while specialized plus-size brands emerged to meet growing demand. Several years later, however, the market is shifting again.

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Franklin Templeton warns your diversification may be an illusion

You probably believe your portfolio is well diversified because you own an S&P 500index fund. One of the largest asset managers in the world just issued a warning that should force you to reconsider that assumption entirely.  Franklin Templeton, which oversees roughly $1.5 trillion in assets, argues that what looks like broad market exposure may

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