President Donald Trump praised SpaceX president Gwynne Shotwell on Thursday after she and her husband announced an undisclosed SpaceX stock gift to Trump accounts that the president said amounted to $325 million. “Thank you to the brilliant and highly respected Gwynne Shotwell, and her husband, Robert, for their extreme generosity in helping children to attain…
Gregory Karp writes for NerdWallet. Email: articles@nerdwallet.com. Twitter: @spendingsmart. Sara Rathner writes for NerdWallet. Email: srathner@nerdwallet.com. The article 10 of the Most Overhyped Credit Card Features originally appeared on NerdWallet.
The widening gap between income and spending The lowest 20% of earners saw spending rise 27% between 2021 and 2025, against disposable income growth of just 3%. The middle 60% of households — the traditional engine of the Canadian consumer economy — found that income covered just 57 cents of every new dollar they spent….
For the last time before Commonwealth Financial Network financial advisors move to LPL Financial, they gave the firm the top grade in satisfaction among independent brokerages. But the below rankings from market research and consulting firm JD Power’s closelywatched annual U.S Financial Advisor Satisfaction Study displayed some novel differences with those of prior years, in…
For most of financial history, markets kept fixed hours. They opened, they closed, and once they closed you were stuck: you couldn’t adjust a position or react to news until they reopened, so risk just sat there building over the gap. That’s changing now, and the clearest sign of it is two assets that look…
“Without consistent gains in inventory, home prices can accelerate. It is critical to introduce more supply to the market to widen the opportunity for homeownership.” The picture is not uniform across price tiers. Sales of homes priced below $100,000 fell 1.7% from a year ago, while transactions in the $100,000–$250,000 range were barely changed. At…
The Securities and Futures Commission (SFC) has issued a circular ordering internet brokers and virtual asset trading platform operators (VATPs) in Hong Kong to abandon one-time passwords (OTPs) in favour of phishing-resistant authentication methods, as account takeover attacks targeting client credentials continue to rise. The regulator’s directive, published on 9 July 2026, requires firms to…
Coast FIRE (also known as Coast FI) has been making the rounds on social media. But what exactly is this trending investing strategy, and is it realistic? What is Coast FIRE? Coast FIRE is an investment strategy where people aggressively invest for retirement until their portfolio reaches a target value, often called their “Coast FIRE…
Stamp duty costs are preventing homeowners from moving, according to analysis from property portal Zoopla, with bills reaching five figures across southern England. Richard Donnell, Executive Director at Zoopla, said that where stamp duty becomes a “meaningful friction”, transactions are abandoned. “For home movers, stamp duty is a near-certain cost wherever you live – and…
Wall Street giant Goldman Sachs has barred employees from trading on prediction-market contracts linked to financial markets and political events, a source familiar with the matter said on Thursday. A memo was issued some time back in which the policy prohibits staff from participating in event-based contracts that could create real or perceived conflicts of…