Bridge loans explained: Costs, risks, and when to use one
Key Takeaways A bridge loan is a short-term loan secured by the equity in your existing home, designed to fund a new home purchase before your current home sells. Bridge…
Read article →Category
Category: News
Job-hopping got workers an 18% raise in 2022. Now it’s 8%—and Gen Z is hurt the most
For decades, job-hopping was one of the surest ways to climb the career ladder and boost your earning potential. But just as Gen Z settles into adulthood, that payoff has…
Read article →
Kevin Warsh’s Fed has a rent problem: Higher rates could fuel a ‘doom loop’ in housing, top economist warns
Every aspect of the Federal Reserve’s job requires balance: Even its legal mandate of maximum employment versus inflation at 2% requires a tradeoff between the two when setting the U.S.…
Read article →
Top CD rates from major banks on October 5, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
CD accounts from the biggest banks (as determined by FDIC numbers) offer APYs up to 4.40% as of Oct. 5, 2026. Terms range from seven months to 12 months. When…
Read article →
America’s budget, the bond market and the national debt at 250: Gradually, then suddenly
Last week the bond market sent Washington a message. The 10-year Treasury yield hit 5.04%, its highest since 2007 and the Fed raised rates for the first time since 2023.…
Read article →
Diesel prices are so high that commercial fishermen sometimes can’t even afford to leave the dock. ‘It’s huge. It’s crazy. Thank you, Donald Trump’
John Evich, a commercial fisherman in Washington and Alaska, has voted for President Donald Trump three times, viewing him as someone who would fight for his industry. Recommended Video But these days,…
Read article →
Even ‘Bond King’ Bill Gross warns ‘Don’t own bonds’ as long-term debt enters a new era of volatility
Pimco cofounder Bill Gross, who revolutionized bond investing with active trading strategies, warned the overall credit landscape has become unbalanced and cautioned against holding longer-term debt. Recommended Video In a…
Read article →
Persian Gulf oil flows return to prewar levels, but Iran could resort to a ‘scorched earth campaign’ as U.S. deploys more ships and Marines to Mideast
Iran is losing leverage over the Strait of Hormuz as oil exports recover under the protection of the U.S. military, but the Islamic Republic is unlikely to stand by and…
Read article →
More than half of Gen Z investors have funneled cash into sports betting—but they’re not coming close to breaking even
As online sports betting surges in popularity and visibility, many Gen Zers are treating what was once a casual pastime as an investment strategy. Recommended Video Research from the Bank…
Read article →
Home equity loan and HELOC rates, Oct. 5, 2026
Both a home equity loan and a home equity line of credit (HELOC) are financial products allowing you to tap equity you’ve built in your home by paying down your…
Read article →