Famed short seller Jim Chanos sees an alarming trend in the market. “I’ve been on the Street [since] 1980 [and] not one bear market has ever traded above nine times to 14 times the previous peak earnings,” the Chanos & Co. founder told CNBC’s “Fast Money” on Monday. related investing …
Read More »Federal Reserve likely to hike interest rates again. How to prepare
The Federal Reserve is widely expected to announce its eighth consecutive rate hike at this week’s policy meeting. This time, Fed officials likely will approve a 0.25 percentage point increase as inflation starts to ease, a more modest pace compared with earlier super-size moves in 2022. Still, any boost in …
Read More »Rising egg prices prompt some to rent a hen and coop from popular Sebastopol business
SEBASTOPOL, Calif. (KGO) — The high price of eggs has many folks turning to a unique business that will rent you a chicken and a coop for a week, or even months. It’s a story we first brought you last summer but inflation has ruffled some feathers, prompting new interest. …
Read More »Tesla and Toyota Have a Surprising Edge Over Every Major Car Brand
While the decades-old jokes and debates usually relate to boat upkeep (Bring Out Another Thousand), a flashy car with expensive parts can be no less of a financial strain long after the initial purchase has been paid off. Maintenance costs are also not always directly related to the flashiness of …
Read More »Metros where U.S. rent prices have dropped the most
Colorful cafe bars at the iconic Beale Street music and entertainment district of downtown Memphis, Tennessee. benedek | iStock | Getty Images Despite broad hikes in rental prices, competition is easing in some U.S. markets as inventory grows, according to a new report from national real estate brokerage HouseCanary. At …
Read More »Is ‘rage applying’ the new quiet quitting? Here’s what experts say
Whenever Chelsea McLin was “fed up” with her job — whether it was because she received a passive aggressive email or got more work than she could manage — she would think to herself, “Let me fly somewhere.” She then applied for a bunch of jobs, sometimes four to five …
Read More »How to get your credit score above 800 and keep it there
Generally speaking, the higher your credit score, the better off you are when it comes to getting a loan. FICO scores, the most popular scoring model, range from 300 to 850. A “good” score generally is above 670, a “very good” score is over 740 and anything above 800 is considered “exceptional.” …
Read More »Markets fully price in quarter-point interest rate hike in February as inflation slows
The Marriner S. Eccles Federal Reserve Board Building in Washington, D.C. Sarah Silbiger | Reuters Markets are nearly certain the Federal Reserve next month will take another step down in the pace of its interest rate increases. Pricing Wednesday morning pointed to a 94.3% probability of a 0.25 percentage point …
Read More »Legal eagle casts a beady eye over the 2023 housing m…
Homeowners and would-be buyers probably felt the post-pandemic property boom in the UK would go forever. But it slowed dramatically in the last Quarter of 2022 following the Truss/Kwarteng min-budget and the cost of living crisis. So as we enter the new world of 2023, what …
Read More »House of cards: How 750,000 families risk falling behind on mortgages amid rising costs
House of cards: How 750,000 families risk falling behind on mortgages amid rising costs Some 200,000 mortgage-holders fell behind on their home loans by June 2022 A further 570,000 borrowers are at risk of not being able to meet their payments Household are at risk if payments are more than …
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