‘The dream of homeownership is alive,’ says BofA’s head of retail lending
It may be little surprise, therefore, that sales of existing homes and new builds are cooling. Older homeowners are staying put, and younger would-be buyers are strapped for cash. Despite the challenging backdrop, younger generations are not giving up, said Matt Vernon, head of retail lending at Bank of America. “The dream of homeownership is […]
‘The dream of homeownership is alive,’ says BofA’s head of retail lending
It may be little surprise, therefore, that sales of existing homes and new builds are cooling. Older homeowners are staying put, and younger would-be buyers are strapped for cash. Despite the challenging backdrop, younger generations are not giving up, said Matt Vernon, head of retail lending at Bank of America. “The dream of homeownership is […]
Kroger will pay up to $1.2 billion to settle most nationwide opioid claims
Kroger on Friday said it has agreed to pay $1.2 billion to U.S. states, local governments and Native American tribes to settle the majority of claims that it fueled the opioid epidemic through lax oversight of its pill sales. The settlement would allow for “full resolution” of all claims on behalf of those parties, the […]
Kroger will pay up to $1.2 billion to settle most nationwide opioid claims
Kroger on Friday said it has agreed to pay $1.2 billion to U.S. states, local governments and Native American tribes to settle the majority of claims that it fueled the opioid epidemic through lax oversight of its pill sales. The settlement would allow for “full resolution” of all claims on behalf of those parties, the […]
I’m retiring with $2 million and won’t leave an inheritance. Should I follow the 4% rule?
The various retirement forums on Reddit are so full of people bragging about their money to a bunch of strangers that I’m never sure who to take seriously. But this post caught my eye because it raised so many intriguing questions: “I plan to retire at 65, and should have about $2 million in retirement […]
I’m retiring with $2 million and won’t leave an inheritance. Should I follow the 4% rule?
The various retirement forums on Reddit are so full of people bragging about their money to a bunch of strangers that I’m never sure who to take seriously. But this post caught my eye because it raised so many intriguing questions: “I plan to retire at 65, and should have about $2 million in retirement […]
Apartment rents on verge of declining due to massive supply
Apartment rents have been cooling off sharply for several months, and they look like they’re about to go negative compared with a year ago. Rents in August were just 0.28% higher than August 2022, according to real estate tech platform RealPage. Compare that to a year ago, when rents were posting 11% annual growth. With […]
My wife and I have $2.5 million. We’re in our 40s. Can we retire to Latin America?
I grew up poor and in an unstable environment as a result of my parents’ serial divorces. I started saving at 16 as a direct result of the financial instability of my youth, and my wife and I have been able to build what most of the world would describe as a small fortune through […]
How much shrink and retail theft cost Lowe’s, Target, Macy’s
A range of retailers are again blaming shrink as one of the reasons they saw another quarter of lackluster profits. But some of those companies have started to offer more detail than ever on how much shrink, or items lost to factors like external or employee theft, damage or vendor fraud, is cutting into their […]
How much shrink and retail theft cost Lowe’s, Target, Macy’s
A range of retailers are again blaming shrink as one of the reasons they saw another quarter of lackluster profits. But some of those companies have started to offer more detail than ever on how much shrink, or items lost to factors like external or employee theft, damage or vendor fraud, is cutting into their […]
