Experts are sounding the alarm over a new report indicating credit card loan defaults soared this year, warning the dam is about to break on Americans’ record-high consumer debt. During the first nine months of 2024, lenders wrote off more than $46 billion in seriously delinquent credit card loans, according…

This article was written byFollowI have been a Merchant Seaman that has traveled the world for over 30 years. Within the last 15 years, I developed a very intense interest in investing. I learned a lot of what I know about investing from The MF. Also because I have a…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Hungary is set to permanently lose access to just over €1bn in EU funds on January 1, as disputes between Budapest and Brussels hamper the country’s capacity to drag itself out of…

As the end of the year approaches, you should be asking yourself what tax strategies you might be missing out on. Depending on your situation, there are many different ways to reduce taxes. The best person to ask about this is your tax advisor. It helps, however, if you go…

This article was written byFollowGordon is a freelance investment writer from Glasgow, Scotland. With a Masters Degree in Civil Engineering, he also works in Asset Management, and runs a financial education company called Oak Investing with a wide following across 40 countries. With a passion for empowering individual investors, Gordon…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.South Korea plans to inspect all B737-800 Boeing aircraft operated by domestic airlines after a passenger jet crashed upon landing on Sunday, killing all but two of the 181 people on board…

By Ashley Milne-Tyte, Next Avenue It’s happened twice in the last 18 months. After canceling accounts with a cable provider and a cellphone company, each said I would receive a partial refund. Having battled through multiple menus to reach a human being to cancel with, I hung up feeling satisfied.…

This article was written byFollowArbitrage Trader, aka Denislav Iliev has been day trading for 15+ years and leads a team of 40 analysts. They identify mispriced investments in fixed-income and closed-end funds based on simple-to-understand financial logic. Denislav leads the investing group Trade With Beta, features of the service include:…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.At least 122 people were killed on Sunday after a South Korean passenger jet crashed and burst into flame on landing, according to local authorities, in one of the country’s worst aviation…

By Rachel Leland, Next Avenue While reliable data shows that the very rich are, for the most part, getting much richer, some families go from “riches to rags” by failing to carefully pass down wealth from generation to generation. Some financial advisers tell their clients that only 30% of high-net-worth…