While home buying for most of the US has decreased in the month of March, there still seems to be an interest among wealthier Americans for luxury home purchases. Knight Frank Global Head of Research Liam Bailey joins Wealth! to break down why luxury properties are still a popular investment among the wealthy. Bailey elaborates
C&F Financial Corporation TOANO, Va., April 19, 2024 (GLOBE NEWSWIRE) — C&F Financial Corporation (the Corporation) (NASDAQ: CFFI), the holding company for C&F Bank, today reported consolidated net income of $3.4 million for the first quarter of 2024, compared to $6.5 million for the first quarter of 2023. The following table presents selected financial performance
By Gertrude Chavez-Dreyfuss and Amanda Cooper NEW YORK/LONDON (Reuters) – The dollar drifted higher on Thursday as a mixed batch of U.S. data did little to shake views that the economy is still on solid ground, suggesting the Federal Reserve will likely delay the timing of its first rate cut since 2020 to later this
LOS ANGELES — LOS ANGELES (AP) — Shop for a home now or hold out for the possibility of lower mortgage rates? That question is confronting many home shoppers this spring homebuying season. Lower rates give home shoppers more financial breathing room, so holding out for a more attractive rate can make a big difference,
Barbara Corcoran predicted mortgage rates will hit ‘a magic number’ and send housing prices ‘through the roof’ — here’s how to set yourself up today We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Although many anxious Americans
Amid a wave of rising interest rates, a “revolt” is brewing among bank customers, fueled by a growing acknowledgment that some financial institutions have not been proactive in advising them of more lucrative savings options. Chris McMahon, the president and CEO of Aquinas Wealth Management, spotlighted customers’ discontent on April 12, saying on Fox Business
Companies are starting to report their first set of earnings for 2024, and they matter more than usual for stocks because the other main support for elevated markets—hope for rate cuts—is being chopped away. Companies are starting to report their first set of earnings for 2024, and they matter more than usual for stocks because
Sunniva Kolostyak: Welcome to Morningstar. Today I am joined by Edmund Harriss, the CIO of Guinness Global Investors. Edmund, thank you very much for being here. Edmund Harriss: Hi, very nice to see you. SK: So, you also manage the Asian Equity Income fund, and I would love to start there. Would you like to
Federal Reserve Bank of Atlanta President Rafael Bostic joins Market Domination at 3:15 p.m. ET to discuss his take on inflation and what he sees ahead for interest rates. Bostic has said that he expects only one rate cut this year. The interview comes ahead of Wednesday’s big Consumer Price Index report. The data will
Meanwhile, China’s central bank has been on an easing trajectory, with its latest decision in February cutting 25 basis points from banks’ five-year loan prime rate (LPR), the largest shave since the LPR was designated as the main rate benchmark in 2019. People take pictures in the Shinjuku area of Tokyo on March 30, 2024.