Elon Musk Says This Will Be Tesla’s ‘Biggest Product Ever’—If It Can Solve the Supply Chain Issue
The Optimus robot weighs 154 pounds and is going to be produced where the Model S and X vehicles were made.
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SEC Seeks Public Comment on Novel Exchange-Traded Funds
The Securities and Exchange Commission today issued a request for public comment on exchange-traded funds (ETFs) seeking to invest in innovative asset classes or engage in novel investment strategies. The request focuses on ways to facilitate innovation in the ETF space while protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation. “Innovation…
Tap-to-Pay Gives Small Merchants a Big Advantage
A decade ago, accepting card payments at a farmers market, food truck, or pop-up shop often meant investing in bulky hardware, worrying about battery life, and paying for ongoing technical support. Today, a small business owner can accept secure, contactless payments with nothing more than a smartphone. Tap-to-pay is doing more than speeding up checkout…
8 Ways Baby Boomers Become Poor in Retirement
aquaArts studio / iStock.com Commitment to Our Readers GOBankingRates’ editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services – our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology….
Mutual funds holding cash: Is high cash balance a red flag for investors? Experts explain
A mutual fund primarily invests in stocks, bonds, or commodities, but not every rupee in its portfolio is always deployed in these assets. The fund may maintain a small allocation to “cash and cash equivalents”, a line item that often raises questions among investors. Does a higher cash balance mean the fund manager is bearish?…
Compare Todays FHA Loan Rates
National Average Mortgage Rates Rates data is based on a borrower with good credit, a conforming loan amount (at least $200,000 but less than the national conforming loan amount), and a loan-to-value ratio of less than 80% (For purchase loans, this corresponds to a down payment of 20% or more). © Zillow, Inc., 2006-2016. Use…
CFPB, in major turnabout, to revisit credit-card late fees
Russell Vought, the acting director of the Consumer Financial Protection Bureau. Bloomberg News Processing Content Key insight: Analysts view the development of a new CFPB rule as highly unlikely, given that a previous rule was struck down by a judge. What’s at stake: Credit-card issuers sued and successfully killed a Biden-era rule that would have…
