Key takeaways Mortgage loan amortization refers to how you repay your mortgage balance over the loan term. At the beginning of your loan term, more of your payment goes toward interest, but this reverses closer to the end of the term. You can use your amortization schedule to find the…

The Trump Organization signed an agreement to build a $1 billion skyscraper on Australia’s Golden Coast, the company announced on Friday. The $1.06 billion building will rise 91 floors in the Australian state of Queensland, the Trump organization said in an announcement. The building will feature a “six-star resort-hotel” with…

The Standard & Poor’s 500 index, or S&P 500, is perhaps the world’s most well-known stock index. The index contains 500 of the largest publicly traded companies in the U.S., making it a bellwether for stocks. It includes stocks across all 11 sectors of the economy, as defined by the…