President Donald Trump’s policies are splitting the market into distinct camps, Morgan Stanley says. Lisa Shalett, the chief investment officer of the bank’s wealth management arm, pointed to the effects of Trump’s tax bill and his sweeping tariffs in a recent podcast. “Now, as the impacts of the tax reform bill and global tariff implementation
When the COVID pandemic erased virtually all of Zeona McIntyre’s Airbnb bookings, she found a solution in mid-term rentals. “I was really open to doing whatever I needed to get my properties rented,” the Colorado-based property investor told Business Insider. She started listing her properties on Furnished Finder, which is geared toward traveling professionals and
Bad news for those looking to buy a home: it’s looking like high mortgage rates are here to stay in the months ahead. Mortgage rates have hovered in the 6 to 7% range this year, with the 30-year rate at 6.76% as of last week, according to Freddie Mac. And they’ll stay in that range
Investors’ fever dream could soon be over. Markets have been cast into the world of the bizarre over the last few weeks. An escalating trade war with China has led to a staggering 125% tariff on goods from one of America’s biggest trading partners. Most countries worldwide were — and may still be, come July
If you’re reexamining your monthly expenses in light of the market turmoil, personal finance influencers are ready to help. President Donald Trump’s new tariff policies have sent markets downward, resulting in a wave of uncertainty for business owners and everyday consumers. So, what should you do? We asked top finance influencers to share their No.
Dr. Hadiyah-Nicole Green has developed a novel cancer-killing technology, Laser-Activated NanoTherapy (LANT), that is of high clinical relevance in the field of oncology. In 2003, Dr. Hadiyah-Nicole Green graduated with a B.S. in Physics from Alabama A&M University with a plan to revolutionize the way consumers receive cable TV and internet. She had diligently prepared
Global fund managers dumped a record amount of US stock during last week’s sell-off, BofA found. The surveyed investors expressed pessimism around the global economic-growth picture. Stagflation was a commonly-cited fear, with expectations for the scenario at the highest since late 2023. As US stocks slipped into a 10% correction last week, investors were dumping
Keeping your money in a bank account can be expensive if you’re not mindful of common bank fees. However, there’s a way to avoid paying most of these fees. The first step is to be aware of what the fees are. The next step is to be proactive about avoiding these fees or choosing the
Erebor Says Palmer Luckey’s “Political Network” Will Help With Regulators
Anduril founder Palmer Luckey’s new digital bank, Erebor, told prospective investors in a fundraising memo that it expects federal banking regulators to approve its plans by late 2025 — a speedy timeline that it says is possible because of Luckey’s “political network” and the bank’s close ties to regulators. The memo said the bank anticipated