SYDNEY — New Zealand’s economy fell into a recession in the first three months of this year as soaring interest rates and the effects of a cyclone that devastated the North Island forced activity to contract for a second successive quarter. The agriculture-rich economy contracted 0.1% during the first quarter…
The Federal Reserve’s decision to pause raising its benchmark interest rate is no pause for the anxiety of Americans eyeing ballooning credit-card bills. While it may halt the rise of many credit-card rates for now, the rates for some cards might still rise as some issuers pass on the previous…
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Dear Quentin, We are three siblings: my brother, my sister and I. Our mom passed away from a stroke in Arizona. Her estate went to probate court as she had no will. We were all on the same page and had no issues getting everything done. Her house was sold…
The battle over the post-pandemic return to the office is heating up. Companies cite productivity concerns. Employees say it’s about control. Workplace experts point to companies sitting on billions of dollars of commercial property, and tech firms that over-hired during the pandemic, and are now looking to cut their workforce…
You’ve made some money by stashing funds in a high-yield savings account, and now you want to cash in to make a down payment on a home. High-yield savings accounts are having a moment. With the federal-funds rate in the range of 5% to 5.25%, consumers can earn an annual…
Are cryptocurrencies considered unregistered securities? Are some cryptos treated differently from others? What is an unregistered security, anyway? These are questions swirling around in the crypto world — and even confounding some legal experts. Robinhood HOOD announced last week that it is removing three crypto tokens — Cardano, Polygon and…
As student-loan payments are set to resume, Houston-based house hunter Meshawn Cisero is looking over his budget with a fine-toothed comb and cutting expenses as he gears up to pay over $400 a month for his student debt. The 33-year-old, who works as a program manager at a startup, has…
China’s central bank cut a key policy rate for the first time since August on Thursday, a widely-expected move as Beijing ramps up policy support to boost the economy amid a darkening growth outlook. The People’s Bank of China said it lowered the rate on 237 billion yuan ($33.08 billion)…
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