Welcome to Money Daily News!
Your Daily Source for Financial Insights
January 12, 2023 / By: Editor Choice
Trying to understand when it’s time to purchase a home? With interest rates going from 3%-%7% in less than a year impacts the amount of home they can afford.
Below you will see how much of an impact a 4% difference in a 30 year mortgage loan be!
Here are 4 main things you will need to understand when purchasing a home:
January 15th, 2024 / By: Editors Choice
We researched 70 personal loan lenders and evaluated them on 31 factors, including cost, loan terms, borrower requirements, and additional features Plus best ratings See who the winner is...
January 15th, 2023 / By: Brandy Friedman
In a world where average life expectancy is projected to exceed 100 years, the prospect of working well into one's 80s may become a new reality for future generations. While this might initially seem daunting, there are reasons to believe that with a shift in work culture, an extended career could be more acceptable than we think......
January 15th, 2023 / By: Tom Smith
Consumer debt saw a significant surge of $23.8 billion in November, primarily driven by a $19.1 billion increase in revolving debt, predominantly credit card balances.
The burden of this debt is escalating for households, particularly as interest rates on credit card debt have reached over 21%, marking the highest levels in decades.........
January 15th, 2023 / By: Michelle Blankenship
You may recognize Ashton Kutcher from his acting career, but Wall Street knows him as a smart investor, turning $30 million into $250 million in less than 10 years. Or Taylor Swift breaking past a Billion! Smart money celebrities Like Taylor know a thing or two about investing. Learning from successful celebrity investors can offer valuable insights into smart investment strategies and due diligence. Here are some investments the smart Money invest in...
January 15th, 2023 / By: Brandy Friedman
Consumer spending has surpassed expectations throughout the year, and analysts are looking to the upcoming Black Friday holiday shopping weekend to gauge whether this trend will persist.
Despite optimistic forecasts for a robust Black Friday, there are indications that some retailers are experiencing a pullback from shoppers due to concerns about inflation and high interest rates on credit cards and other debts........
January 15th, 2023 / By: Tracy Richmond
The perpetual spirit of mobility in America continues, with analysis revealing the states that witnessed the highest influx of one-way moves in 2023. The regions prominently featured in the list, with one state securing the top position for the third consecutive year. Here are the states that stood out as the most attractive destinations for movers in 2023.....
January 15th, 2023 / By: Brandy Friedman
A recent series featuring coerced televised confessions underscores the Chinese Communist Party's (CCP) intensified crackdown, ostensibly framed as "anti-corruption" efforts, impacting various segments of society. This reflects the CCP's persistent disregard for international human rights standards. The nations to curb such reprehensible practices among Chinese human rights defenders should serve as an impetus for other democratic authorities to hold China accountable for their involvement in ongoing human rights violations.......
January 15th, 2023 / By: Brandy Friedman
Amazon Prime Membership Tricks:
Look, we love Amazon Prime Free 2-day shipping is great and, like everyone else, we enjoyed not knowing how much it actually cost. Well, guess what? It isn’t free to move items from one location to another, and that cost gets baked into the price you pay.
While Amazon Prime, is great, is widely appreciated for its perks, including free 2-day shipping, the actual cost of moving items from one location to another is not free....
January 15th, 2023 / By: Brandy Friedman
A significant winter storm . led to power outages affecting over 100,000 customers in Michigan. The outages, anticipated to be exacerbated by an impending severe freeze in the region, left homes and businesses without power.....
January 15th, 2023 / By: Brandy Friedman
Rico Menoz, a Filipino fisherman, has been venturing into the South China Sea since his teenage years to fish at the Scarborough Shoal, a contested atoll known for its abundant fish stocks. However, the 55-year-old now finds it more challenging and perilous to fish at the atoll, situated around 100 km off the Filipino coast. The increased difficulty is attributed to aggressive actions by China, which asserts its claim over the disputed shoal......
January 15th, 2023 / By: Brandy Friedman
After decades of anticipation, the emergence of machines capable of thinking, learning, and creating is poised to revolutionize the economy, markets, and our daily lives. Artificial Intelligence (AI), a concept that has sparked waves of public excitement, skepticism, and fear since the 1950s, appears to be on the cusp of overcoming skepticism.....
January 15th, 2023 / By: Brandy Friedman
Financial bankers say mortgage interest rates could drop down below 6%, and cause boost up in home sales!.
New year, new dynamics in the housing market? While not an entirely fresh scenario, the anticipation of falling mortgage rates in 2024 suggests that homebuyers might encounter a more favorable environment compared to the challenges faced in the previous year.
As revealed in a report by mortgage brokerage Redfin, 2023 marked the least affordable housing market on record. The noteworthy development came in November when mortgage rates embarked on a downward trend, injecting a welcomed dose of optimism among market observers.....
January 15th, 2023 / By: Brandy Friedman
Older generation belief a degree will earn more income, but how much more income can you expect?
The U.S. recently published compelling data about education levels and income. This chart breaks down the data: ......
January 15th, 2023 / By: Brad Smith
On Friday, stock markets saw minimal changes as major banks initiated earnings season with varied results, accompanied by data indicating a third consecutive monthly decline in wholesale prices for December. The S&P 500 posted a marginal increase of less than 0.1%, while the Nasdaq......
