Business

Borrowing money from family can be tricky, but it's important to approach it with clear communication and expectations. To avoid drama, treat it like a formal loan with a written agreement, including terms, amount, and repayment schedule. If possible, charge a small amount of interest to compensate the lender for lost investment potential. Remember, borrowing from family can affect relationships, so tread carefully and consider other options if possible.

Published on: January 26, 2025, 03:02 PM UTC

China announces new measures to promote index investment products, including reducing costs and exempting market-making fees, to boost ailing equity market amid external economic environment.

Published on: January 26, 2025, 03:02 PM UTC

Costco successfully defended its diversity practices against a shareholder challenge, while other major companies retreat or face political pressure. Target and Meta have recently scaled back diversity goals, while Apple and JPMorgan Chase maintain their commitment.

Published on: January 26, 2025, 03:01 PM UTC

Saving $1,000 is an incredible achievement towards financial stability. Here are eight smart money moves to consider, including establishing an emergency fund, paying off high-interest debt, investing in your future, boosting your skills, and more.

Published on: January 26, 2025, 03:01 PM UTC

Rising costs of living, stagnant incomes, and increasing expenses are making it difficult for the middle class to afford essential goods and services within the next decade. These include retirement, private education, high-speed internet, personal fitness, specialized medical treatments, organic food, new gadgets, eco-friendly home upgrades, insurance, and homeownership.

Published on: January 26, 2025, 03:00 PM UTC

Economists weigh in on the future of the US economy under President-elect Donald Trump. Will his policies lead to growth, inflation, or trade disruptions?

Published on: January 26, 2025, 03:00 PM UTC

The Takeaway from today's Morning Brief: Nasdaq up 0.15%, Gap down 0.40%, Ralph Lauren down 0.20%, Bitcoin up 0.24%. Davos 2023: AI advancement, robot companions, and investing wisdom from Ray Dalio.

Published on: January 26, 2025, 02:00 PM UTC

UK Businesses Draw Down Cash Reserves, Raising Risk of Job Cuts as Tax Hikes Approach

Published on: January 26, 2025, 01:02 PM UTC

Starbucks Q1 earnings preview: Analysts expect revenue, earnings to fall year-over-year; same-store sales to drop 4.8%

Published on: January 26, 2025, 01:01 PM UTC

Today's savings interest rates explained, including average national rates, highest available rates (up to 4.75% APY), and how much interest you can earn.

Published on: January 26, 2025, 01:01 PM UTC