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The Spring Home Sales Season Is Shaping Up to Be a Dud
Although inventory has been rising, high home prices and mortgage rates are putting off buyers during the prime selling season.
Most baby boomers can’t afford assisted living and are weighing on the housing market by staying in their homes, ‘Oracle of Wall Street’ says
"This is one of the problems with the housing inventory. They're staying in their houses longer because they can't afford to move out."
Economic jitters and soaring gold prices create a frenzy for US jewelry merchants
At the biggest jewelry center in the United States, Alberto Hernandez fired up his machine on a recent day and waited until it glowed bright orange inside before shoveling in an assortment of rings,
Texas retailers expect to give shoppers the bill for tariff burdens
Texas stores are bracing for tariff costs — and shoppers could bear the price increases. Nearly 3 in 4 retailers and wholesalers expect higher tariffs to deliver a negative effect this year,
When Leaving the House to Your Heirs Backfires
The typical way of outlining who should get the house in a will can cause delays after death—so much so that most states have set up a new way for homeowners to document their wishes. It is called a
Trump Hails Progress as US-China Negotiators Resume Trade Talks
Senior US and Chinese negotiators resumed on Sunday high-stakes talks to de-escalate their trade war, with President Donald Trump calling the hours-long discussions held a day earlier a “very good”
The middle class is spending less on 'aspirational' luxury, and it's threatening a yearslong boom in the high-end market
The global luxury market contracted for the first time in 15 years in 2024, with "aspirational" consumers tightening their belts amid economic angst.
China’s Property Market Is a Tale of Big Cities. Everywhere Else Is Struggling.
Big cities like Beijing and Shanghai show signs of recovery while smaller regions are dealing with oversupply and weak demand, highlighting China’s real estate challenges.
A millennial who couldn't find a job for 4 years revamped his family's meal planning and childcare to make it work
In May 2024, Business Insider wrote about Dan Colflesh and his difficulty finding a job after earning his bachelor's degree. Read more here. During the four years Dan Colflesh struggled to find work,
Huge Pension Halves Alibaba Stake. It Sold Altria, Chevron, and Lockheed Stock.
The New York State Common Retirement Fund cut positions in Alibaba, Altria, Chevron, and Lockheed Martin in the first quarter.
Saudi oil giant Aramco posts 5% dip in first-quarter profit on weaker crude prices
Saudi Aramco's first-quarter net profit fell 5% year-on-year amid lower oil prices and production. Net income for the three months to March 31 came in at $26 billion, down from $27.3 billion for the
The Classic 60/40 Portfolio Has Lost Fans. They’re Intrigued by 25/25/25/25.
It’s no secret investors have been disappointed lately with the classic 60/40 investment strategy. Can the so-called “permanent” portfolio provide an alternative? Recent returns look good, but there
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