Mortgage rates fell below 6% this week for the first time in three and a half years, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s…
American Express has announced plans for the construction of a 55-floor building at 2 World Trade Center in New York City. It is anticipated that the building project will be finished in 2031, the company…
Image: Getty Images; Illustration: Bankrate A mixed performance for home equity rates this week, holding near their lowest levels in about three years. The $30,000 home equity line of credit rose one basis point to 7.32%, according to Bankrate’s national survey of lenders. Meanwhile, the five-year $30,000 home equity loan…
JPMorgan Chase CEO Jamie Dimon issued a warning that some of the conditions in financial markets are reminding him of the years leading up to the 2008 financial crisis. “Unfortunately, we did see this in ’05, ’06, ’07, almost the same thing,” Dimon said Monday in remarks at JPMorgan Chase’s annual investor…
Key takeaways A joint bank account is a bank account owned by two or more people, typically couples, family members or business partners. Everyone on the account can deposit money, withdraw money and see all transactions — no matter who put the money in originally. Joint accounts double your FDIC…
Excise taxes and sales taxes both generate government revenue, but they work in fundamentally different ways. Sales taxes apply broadly to most retail purchases at a uniform percentage rate, appearing as a line item at checkout. Excise taxes, by contrast, target specific goods, like gasoline, tobacco and alcohol, and are…
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More ArticlesAmericans are facing rising electricity costs around the country as winter weather and the rise of artificial intelligence (AI) data centers increase demands on the electric grid. Electricity prices have risen faster than the pace of…





































































