Investing

The decision to refinance your home depends on many factors, including the length of time you plan to live there, current interest rates, and how long it will take to recoup your closing costs. In some cases, refinancing is a wise decision. In others, it may not be worth it financially. Because you already own
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If you are not checking your home equity line of credit (HELOC) often, now is the time. Thieves can gain access to these accounts and siphon out thousands of dollars by stealing identities and fooling lenders. However, the risk can be reduced and victims’ credit rebuilt by following a few simple steps. Key Takeaways Thieves
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The euro’s rise is worrying top policymakers at the European Central Bank, who warn that if the currency keeps appreciating it will weigh on exports, drag down prices and intensify pressure for more monetary stimulus. Several members of the ECB’s governing council told the Financial Times that the euro’s rise against the US dollar and
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What Is Amortization vs. Impairment of Tangible Assets? Amortization and impairment relate to the value of a company’s intangible assets, which are reported on the balance sheet. Intangible assets include goodwill, or the value associated with the company’s name and reputation. Also, patents, trademarks, and copyrights are assigned a value and reported as intangible assets.
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Elon Musk, co-founder and chief executive officer of Tesla Motors. Yuriko Nakao | Bloomberg | Getty Images Baillie Gifford, Tesla’s largest outside shareholder, has reduced its position in the electric auto maker after the company’s rapid share appreciation made it an outsized influence on the firm’s holdings. A filing with the Securities and Exchange Commission
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Someday, between the time you move out of your childhood home and when buy your first residence, you’ll probably find yourself staring at a lease. A lease is a contract between someone who owns real estate (the landlord) and another person who occupies that piece of real estate (the tenant), covering the conditions under which
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Switzerland’s financial regulator has begun enforcement proceedings against Credit Suisse over the bank’s corporate espionage scandal. The move advances a probe that Finma launched at the end of last year, marking an escalation in the fallout of the affair that rocked the country’s financial industry last year. Finma opened its investigation after details burst into
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In a real estate boom, home buyers will clamor for almost any house that hits the market. This is great while it lasts, but when the party’s over, only homebuyers who choose the best locales will be holding the most valuable property that also depreciates at a much slower rate. This difference in value is
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Since the stock market trends higher—or stays level—far more often than it declines, it is difficult to make consistent money by shorting stocks or exchange-traded funds (ETFs). You can sell short S&P 500 ETFs like the S&P 500 Index (SPY). But this strategy can be risky, since losses on short positions in stocks, ETFs, or
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Continental, the German car parts maker, deepened its cost-cutting programme and warned that a further 10,000 jobs were at risk, as the coronavirus crisis hammered the global auto industry. The Hanover-based company, whose customers include the world’s largest carmakers, announced last year that 20,000 positions would be affected by its restructuring plan, as it sought
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