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Interest-only student loan payments can reduce your long-term costs as a borrower. The typical loan — whether it be a student loan, mortgage, or personal loan — requires you to pay toward both the interest and your loan’s principal balance on a monthly basis. Interest-only payments, on the other hand, allow you to pay only the interest that was accrued […]
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Revvy Broker has lived in the same townhome for five years and on Wednesday, as is the case on the first of every month, he owes his landlord $1,160. Broker is a videographer by trade and is unable to work right now, or even leave his house in unincorporated Arapahoe County outside of emergencies, because he has a pre-existing respiratory […]
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Weinstein sentenced to 23 years in prison Harvey Weinstein was sentenced to 23 of a possible 29 years in prison after being convicted of sexual assault. FOX Business’ Ashley Webster with more. Harvey Weinstein was sentenced to 23 years behind bars earlier this month, just weeks after he was found guilty of third-degree rape and criminal sex act. Continue Reading Below Weinstein, 67, faced a minimum […]
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The government has unleashed $17.6 billion of federal spending in a bid to save Australia from recession. Some economists say we might already be in the middle of our first recession since the early 1990s. Recession would mark the end of Australia's world-beating, 28-year economic expansion – a feat achieved by no other developed nation in modern history. It would […]
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Lou Dobbs on markets: This is something I don’t believe we’ve seen before FOX Business’ Lou Dobbs discusses the market selloff being driven by coronavirus and price wars in the oil market. What is the VIX? Continue Reading Below The CBOE Volatility Index, or VIX, is the most recognized tool to trade financial market volatility. It measures 30-day expected or forward-looking […]
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California approved light-duty, self-driving vehicles Fox News’ Brett Larson discusses driverless cars hitting the streets of California, and Twitter’s banning of PNG files over seizure concerns. Why in the world is the federal government, 20 years into the 21st century, continuing to pour tens of billions of tax dollars into little-used mass transit rail projects? Continue Reading Below In a […]
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Fed will be under ‘enormous pressure’ to cut rates further: El-Erian Allianz Chief Economic Adviser Mohamed El-Erian discusses his outlook for the markets amid coronavirus concerns. Buckle up: Market volatility from the new coronavirus is here to stay, according to Mohamed El-Erian. Continue Reading Below The yield on the 10-year U.S. Treasury note, which recently hit a record low of 0.90 percent, […]
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Putin’s banker discusses how US sanctions impacted Russia’s banks VTB Bank chairman and president Andrey Kostin explains why Russia has been unfairly sanctioned by the U.S. and says his country is making an effort to tackle climate change, but electric vehicles are expensive. Russia has a nominal gross domestic product (GDP) of $1.64 trillion and purchasing power parity (PPP), or Russian […]
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Trump unveils $4.8 trillion budget plan FOX Business’ Blake Burman explains the Trump administration’s newly-revealed budget plan. As the Democrats and their allies in the media mourn the implosion of impeachment, President Trump continues to make historic progress in delivering on his promise to bring business-minded reforms to Washington. The latest of these achievements was unveiled this week, with the […]
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Oscars 2020 red carpet fashion: Hits and misses Fashion expert Sydney Sadick says Sunday night’s Oscars red carpet was a ‘revival of old Hollywood glamour.’ South African-born actress Charlize Theron has a career going back over 25 years and 51 movies. Starting off as a model and dancer, she worked her way up to become one of the highest-paid actresses of the […]
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