Thomas Kokta | Photographer’s Choice Rf | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Wealthy U.S. families are increasingly applying for second citizenships and national residences as a
Maand: april 2024
The Federal Reserve is in no rush to lower its benchmark rate. Earlier expectations that the central bank was planning multiple cuts before the end of the year seem less likely. On the heels of Friday’s strong jobs report, Wednesday’s consumer price index increased at a faster than expected pace in March. Both suggest that inflation is staying
Westend61 | Westend61 | Getty Images It’s unclear when the Federal Reserve could begin cutting interest rates, but many homeowners who took out a mortgage in recent years — as rates hovered between 6% and 7%, and even touched 8% — are paying attention for opportunities to refinance. Thanks to those high mortgage interest rates,
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT A Cruise vehicle in San Francisco on Feb. 2, 2022. David Paul Morris | Bloomberg | Getty Images General Motors’ Cruise self-driving vehicle unit will redeploy cars on U.S. roadways for the first time since October, beginning with a small fleet of human-driven vehicles in
U.S. Treasury Secretary Janet Yellen said Monday that future discussions between the U.S. and China will focus on Beijing’s need to shift its policy on industry and the economy, as she wrapped up the fourth and final full day of her trip to China on April 8. 2024. Pedro Pardo | Afp | Getty Images
US President Joe Biden speaks about student loan relief at Madison College in Madison, Wisconsin, on April 8, 2024. Andrew Caballero-reynolds | AFP | Getty Images President Joe Biden on Monday unveiled a new student loan forgiveness plan — and any of that relief dispensed in 2024 wouldn’t trigger a federal tax bill. But borrowers
A man checks the label of a vitamins jar at a Costco Wholesale store on April 3, 2024 in Colchester, Vermont. Robert Nickelsberg | Getty Images Small business confidence hit its lowest level in more than 11 years for March as proprietors worried that inflation is still very much a problem. At a time when
In this article ZG Follow your favorite stocksCREATE FREE ACCOUNT Jon Lovette | Stone | Getty Images There is a record number of areas in the U.S. where the “typical” home is worth $1 million or more. In February, the country had 550 “million-dollar” cities, or areas where the “typical” home value is $1 million
Excise Duties on Electricity in Europe, 2024 Skip to content Table of Contents In 1999, the European Union introduced a harmonised excise duty on electricity use. The rationales at the time were to raise revenue for the Member States and encourage the frugal use of electricity in light of climate goals. Today, there are more
General view of the sunset on the boardwalk ahead of this Monday’s eclipse on April 07, 2024 in Mazatlan, Mexico. Hector Vivas | Getty Images Monday’s solar eclipse is giving some of the country’s smaller airports their moment in the sun. The Federal Aviation Administration reported arriving flights at airports from Burlington, Vermont, to southern
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Jamie Dimon, the veteran
U.S. President Joe Biden waves as he departs for Baltimore from the White House in Washington, U.S., April 5, 2024. Kevin Lamarque | Reuters President Joe Biden will unveil his new plan to forgive student debt on Monday, less than a year after the Supreme Court blocked his initial attempt. Biden wants this aid package