Author: Jordan

SOFIAH NICHOLE SALIVIO News Editor Nearly 70% of holders of Hyundai Card’s Apple Pay Rewards debit and hybrid cards in South Korea were in their teens or 20s within 50 days of launch, highlighting strong early uptake among younger consumers. The cards were part of a six-card debit and hybrid line-up introduced in April. Analysis of issuance data showed customers in their teens and 20s accounted for 61% of all sign-ups across the new range, 13% higher than for Hyundai Card’s existing debit and hybrid portfolio. The highest concentration of younger users was in the two products tied directly to…

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Reverse mortgages are booming with 20-per-cent annual growth. But they still have a ton of critics.The No. 1 knock on them: The rates are too high.There was hope this would change when Equitable Bank entered the market to rival HomeEquity Bank in 2018. Now, at long last, competition is paying off. Equitable Bank has dropped its pants on interest rates.But, there’s a catch. Whereas a regular reverse mortgage lets you tap your approved credit limit over time, Equitable asks you to take the full amount you’re approved for up front, if you want a better rate.And better, it is. Equitable’s…

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Citigroup (C) has appointed Michael Yannell as head of hedge funds for investment solutions within its wealth division, a move tied to expanding its alternatives platform and hedge fund offering for wealth clients. See our latest analysis for Citigroup. Citigroup’s recent appointment of Michael Yannell comes as the stock trades at US$139.97, with a 30 day share price return of 5.66% and a 90 day share price return of 19.27%. The 1 year total shareholder return of 61.34% and 3 year total shareholder return of about 2.4x suggest momentum has been strong over a longer horizon. If Citigroup’s run has…

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Specialist lender Together has reduced rates across its fixed-rate product range and announced it will now accept the Scottish First Home Fund as a valid deposit source. The new fund was launched by the Scottish Government in June this year to get more first-time buyers onto the property ladder. The rate reductions are across both residential and commercial products. All two-year fixed rates have been reduced by 25bps and all five-year fixed rates by 10bps. Rates are now available from 7.70% for consumer buy-to-let first charge five-year fixed, 7.89% for residential first charge five-year fixed, 8.54% for buy-to-let first charge…

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© Yuriy K / Shutterstock.com A 58-year-old software director earning $260,000 has $1.4 million in her 401(k), maxes the $24,500 base every year, and just learned her $8,000 catch-up is now Roth-only. The pretax shelter she counted on for late-career income smoothing disappeared on January 1. That is the moment to look at the only account that pays no tax on contributions, no tax on growth, and no tax on withdrawals for qualified medical use: a Health Savings Account paired with a high-deductible plan. For high earners crossing the 32% federal bracket on income over $201,775, an HSA is the…

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Savills has admitted that Prime Central London (PCL) prices are now more than 25% below their peak. And falls have been seen across almost all prime locations in and out of the capital.The agency’s latest snapshot shows that ongoing domestic and geopolitical uncertainty have eroded buyer and seller confidence at the top end of the market.And price falls accelerated again in the second quarter of 2026. They were down -1.7% over the past three months, a similar pace to the price falls seen in the lead up to last year’s Budget. PCL prices are now -26.3% below their 2014 peak.“Savills agents agreed that…

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Crypto bear markets, like the one we’re in right now, have a way of separating the wheat from the chaff in terms of what’s worth investing in. While the popular coins of yesteryear that were held up merely by the market’s hot air have now collapsed, many of them by 90% or more, a new generation of quality assets is rising, and they’re avoiding the flaws that made their predecessors also prone to having their value evaporate when the market cools. One of those rising challengers is Hyperliquid (HYPE +2.19%), and it’s the top cryptocurrency to buy and hold at…

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