BUSINESS
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Rich Americans are taking over this part of Portugal
The Algarve, the sunny southern coast of Portugal, is more popular than ever with visitors, and the region’s housing market is…
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Nvidia stock won’t suffer from DOJ probe, Bank of America
It’s too early to say whether rumors of a Department of Justice (DOJ) probe into Nvidia will stop its runaway…
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It’s getting easier to find a starter home but harder to afford one
There are more starter homes ready for people to buy, but they are not getting any cheaper. Still, there’s some…
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NASA to bring astronauts back on SpaceX capsule, not Boeing Starliner
Astronauts Butch Wilmore and Suni Williams will return to earth on a SpaceX Dragon capsule in February instead of the…
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Forget the 30-year mortgage: The 40-year mortgage needs to become the new American standard, CEO says
It’s no secret that people can’t afford to buy homes in this post-pandemic era. Home prices skyrocketed during the pandemic,…
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Recession indicator now slows the economy, creator says
The inverted yield curve—a recession indicator with a decades-long track record of accuracy—has evolved beyond serving as a warning of…
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Barbara Corcoran says you should buy a home now
Barbara Corcoran isn’t afraid of high mortgage rates, and she doesn’t want you to be either. In an interview with…
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As Ripple’s stablecoin edges closer to debut, making its mark won’t be easy
On Friday, Ripple began testing its stablecoin on the company’s own blockchain, XRP Ledger, and Ethereum. The crypto firm first…
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Larry Summers warns against presidential influence over Fed policy
Former Treasury Secretary Lawrence Summers warned against incorporating any presidential sway over the setting of U.S. monetary policy, saying it…
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Boeing hearings underway for the 737 Max door plug blowout
Investigators are questioning Boeing officials in hearings this week about the midflight blowout of a panel from a 737 Max,…
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