The current landscape of the U.S. housing market is increasingly challenging, with rising mortgage interest rates, dwindling housing inventory, and persistently high home prices. A new layer of complexity has been introduced with the implementation of tariffs on essential building materials, placing additional strain on a market already buckling under pressure. The interplay of these
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In an era characterized by financial unpredictability, DBS Group Holdings, Singapore’s largest bank by assets, has demonstrated remarkable resilience and impressive growth. The CEO, Piyush Gupta, has revealed the bank’s exceptional performance for the financial year ending December 31, 2024, where net profit soared to 11.4 billion Singapore dollars (approximately $8.4 billion), an 11% increase
As the 2024 tax season begins, individuals are gearing up to file their returns and await their refunds. The IRS has already reported the issuance of around 3.2 million refunds as of January 31, indicating a brisk start to this year’s filing period. With an average refund amounting to $1,928 in the first few days,
In the wake of persistent market volatility driven by various factors—ranging from tariff discussions to the emergence of advanced technologies like China’s DeepSeek—investors are left grappling with the challenging task of preserving capital and achieving stable returns. As the stock market experiences dramatic ups and downs, one investment avenue that continues to entice is dividend-paying
Doximity, a pivotal player in the medical digital landscape, has recently seen its stock surge by 25% in after-hours trading following the announcement of its third-quarter fiscal 2025 results. These results not only exceeded analyst expectations but also hinted at a bright future for the company. Adjusted earnings per share reached an impressive 45 cents,
In 2024, America has witnessed a significant escalation in credit card balances, reaching a staggering $1.17 trillion. This unmanageable figure serves as a stark reminder of the financial challenges faced by consumers across the nation, cutting through socio-economic divides. Even those categorized as wealthy, like Robert F. Kennedy Jr., who has a net worth estimated
The carried interest loophole has been a heated topic in tax policy discussions for years, particularly coming to the forefront during Donald Trump’s presidency. This provision allows private equity, venture capital, and hedge fund managers to benefit from preferential tax treatment on certain earnings—specifically, the portion of their income derived from a share of fund
In a remarkable turn of events, Affirm Holdings Inc. experienced a surge of 22% in its share price on a recent Friday, fueled by the release of its fiscal second-quarter earnings report. This significant uptick underscores the market’s confidence in the company’s strategic positioning within the burgeoning Buy Now, Pay Later (BNPL) sector, which has
The U.S. Department of Education recently stirred a sigh of relief among college advocates by affirming that the Trump Administration’s plans for a “federal funding freeze” would not impact crucial federal programs such as Pell Grants and student loans. Given that nearly 75% of all undergraduate students rely on some form of financial assistance, as
In recent developments, U.S. senators have raised significant alarms regarding an unanticipated intersection of the tech industry and federal governance. On a Friday that could easily have been business as usual, the revelation that Elon Musk’s Department of Government Efficiency (DOGE) may have infiltrated the Department of Education sent ripples of concern across the political