It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse.
By the end of the year,...
It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse.
By the end of the year,...
Investing for beginners can be simplified by choosing target-date funds, which automatically adjust investments based on age and retirement goals. Target-allocation funds and global market index funds are also accessible entry points. Despite the perception of complexity, Warren Buffett emphasizes that investing is not rocket science. Starting early with consistent savings and selecting appropriate investment options based on your long-term goals is crucial.
New York Community Bank faces mounting challenges after reporting a $2.4 billion loss, prompting CEO resignation and delayed annual report. Investors express concern over commercial real estate loans and loan portfolio oversight, potentially leading to increased loan losses. Despite initial stock stabilization, shares have plummeted 25%, raising questions about deposit stability and liquidity. Concerns linger over the bank's financial stability and independence, with potential implications for the banking industry remaining limited for now.
