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2 mins read

Centre has sanctioned Rs 21,253 crore to tackle Kerala's economic crisis, MoS for Electronics and IT reveals

Prime Minister Narendra Modi has come forward to assist Kerala in a bid to alleviate the state from…

ANI   


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5 mins read

School's out, and parents' financial stress is in

Summer can be a money pit for parents scrambling to keep their kids entertained in July and August.

Dan DeFrancesco   


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1 min read

Home prices could drop for the next 6 months as inventory rises by the biggest margin since the financial crisis, investment strategist says

Unsold housing inventory rose 16% year-per-year in April, the highest increase recorded since the G…

Jennifer Sor   


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6 mins read

Jamie Dimon, CEO of JPMorgan Chase, just hinted at retirement. Here's how he became an iconic billionaire banker.

Jamie Dimon, the CEO of JPMorgan Chase, began his career in banking at American Express.

Katherine Tangalakis-Lippert   


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3 mins read

I quit my career to live off my savings but lost everything in a financial crisis. I'm struggling to get back on my feet.

The author quit his career in accounting and put all his savings in a bank in Lebanon. But a financ…

J.D. Harlock   


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4 mins read

Montana's housing crisis is a warning for older homeowners across the country

Older and retired Montanans are particularly hard hit by the state's severe housing crisis, as thei…

Eliza Relman   


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1 min read

The US is headed for a financial crisis because of soaring national debt, billionaire investor Leon Cooperman says

"Deficits matter, and I think we're headed into a financial crisis in this country," Cooperman told…

Yuheng Zhan   


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2 mins read

Rich nations should provide climate finance to developing countries: Bhupender Yadav

"Temperature rise is a global problem. IPCC reports clearly say the increase in carbon emissions…

PTI   


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2 mins read

The Supreme Court just made it much harder to go after financial fraud

The Supreme Court ruled that defendants in financial-fraud cases have a right to a jury trial, rath…

Jacob Shamsian   


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2 mins read

The looming office-real-estate crash will be worse than the Global Financial Crisis decline, Fitch says

Office values have dropped an estimated 35% this cycle and have yet to bottom out, Fitch Ratings sa…

Filip De Mott   


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3 mins read

Gen Zers in a survey said they need $200,000 a year to feel financially secure — more than any other generation

Americans under the age of 35 generally make around $60,000. Gen Zers in a survey said more than do…

Juliana Kaplan,Ayelet Sheffey   


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2 mins read

The world is facing an orange juice crisis. The race is now on to find a substitute fruit.

A global orange shortage may force manufacturers to consider using alternative fruits, such as mand…

Mikhaila Friel   


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5 mins read

Gen Xers who began their financial independence journeys in their 40s and 50s explain how they're on pace to meet their early retirement goals

BI spoke to late starters who started to save and invest in their 40s and 50s and set themselves up…

Noah Sheidlower   


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3 mins read

Gen X can add one more financial problem to its list

Gen Xers were already worried about their financial insecurity. Enter Social Security.

Juliana Kaplan,Madison Hoff,Ayelet Sheffey   


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3 mins read

How to find financial happiness if you're suffering from lifestyle creep, according to a Harvard professor

Financial happiness requires overcoming bad spending habits and lifestyle creep, said Harvard's Art…

Cork Gaines   


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5 mins read

The European housing crisis warping millennial life: The average Croatian lives with parents until 33

Croatians are struggling to leave home, and it's often down to unaffordable housing and an influx o…

Joshua Zitser   


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1 min read

China is facing the US financial crisis 'on steroids' as the real estate market collapses, famed hedge fund boss says

"The basic architecture of the Chinese economy is broken," Hayman Capital founder Kyle Bass told CN…

Filip De Mott   


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2 mins read

The US now has an 85% chance of recession in 2024, the highest probability since the Great Financial Crisis, economist David Rosenberg says

"Our conviction that the recession has been delayed but not derailed is still running at a high lev…

Matthew Fox   


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1 min read

The US office sector will worsen through next year, and the recovery will be slower than after the 2008 crisis, Fitch Ratings says

Office loan delinquency will be higher than previously forecast in 2024 and 2025, Fitch Ratings wro…

Filip De Mott   


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2 mins read

iPhone price cuts might have saved Apple from an even bigger China crisis

Apple's iPhone sales are showing signs of revival in China after months of freefalling sales in the…

Hasan Chowdhury