May 8, 2025

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Loans

Pay Off Student Loans ASAP, or Save for Retirement? How to Decide

Corey Forsythe graduated from pharmacy school with a degree and $200,000 in student loans. He’s in no rush to pay them off. Forsythe, who is now 35 years old, has been chipping away at the balance by paying down $950 a month. But for the last eight years, a bigger priority for him has been

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Mortgage

Today’s Mortgage Rates, May 5, 2025

The Federal Reserve is meeting on Tuesday and Wednesday, so we could see mortgage rates fluctuate a bit this week. Fed officials have made it clear that they want to wait and see how tariffs impact the economy before they make any moves, so it’s unlikely they’ll lower the federal funds rate at this meeting.

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Investors

Business Leaders React to Warren Buffett Stepping Down

Warren Buffett said he would step down as Berkshire Hathaway’s CEO after 55 years, eliciting tributes from investors and business leaders. Buffett, 94, made the announcement on Saturday during the company’s annual shareholder meeting in Omaha, Nebraska. The crowd gave Buffett two standing ovations, acknowledging his career as the longest-serving chief executive of an S&P

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Mortgage

Today’s Mortgage Rates, May 3, 2025

The labor market is humming along in spite of headwinds from the Trump administration’s tariffs. Until we see signs of weakening in the economy, mortgage rates are likely to remain near their current levels. On Friday, the Bureau of Labor Statistics reported that the U.S. economy added 177,000 jobs in April, more than expected. The

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Finance

How to Make a Smart Budget, According to Finance Influencers

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.

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Finance

5 Tips to Navigate Trump’s Tariffs From Top Finance Influencers

Finance influencers are swooping to help ease the panic after President Donald Trump announced new tariffs this week and the stock market plunged. Personal finance is a popular category on social media platforms like YouTube, Instagram, and TikTok. Hundreds of creators share tips on how to save money, invest, build credit, and balance a budget.

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Finance

What Finance Influencers Say You Should Do As Tariffs Rock the Market

Finance influencers are swooping to help ease the panic after President Donald Trump announced new tariffs this week and the stock market plunged. Personal finance is a popular category on social media platforms like YouTube, Instagram, and TikTok. Hundreds of creators share tips on how to save money, invest, build credit, and balance a budget.

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Investment

FMA criticised for delayed investment scam warning after retiree loses $1m

Victim Steven Fan, whose $1m retirement savings were never recovered, is appalled by the delay. He questions whether FMA staff failed to act sooner because they were on Christmas holiday. “Something like a scam is urgent, isn’t it? “I do question that. It is a bit slow. The horse is out the gate already.” The

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