Buying a home is a major financial decision that requires careful consideration and evaluation. According to a recent analysis by Zillow, millions of renter households in 2022 would have been able to purchase a home that year. However, many potential homebuyers might not even realize that they are in a position to buy a house.
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Buying a new electric vehicle isn’t the only way consumers can access a $7,500 federal EV tax credit. They may also be able to get the money by leasing a car. The Inflation Reduction Act, which President Joe Biden signed in 2022, contained various rules related to consumer tax breaks for EVs. Perhaps the best
Ken Griffin, the billionaire investor and CEO of Citadel, made headlines when he purchased a late Jurassic stegosaurus skeleton at a Sotheby’s auction for a staggering $44.6 million. The purchase marked the most valuable fossil ever sold at auction, far exceeding the initial expectations for the sale. The Remarkable Specimen The stegosaurus, named “Apex,” is
Volvo Cars experienced a significant increase in its annual operating profit for the second quarter, leading to a surge in its stock price by 7.11%. The company’s core operating profit reached 8.2 billion Swedish kronor, marking a 28% rise from the previous year. This remarkable growth in profitability was attributed to a 15% increase in
Taiwan Semiconductor Manufacturing Company (TSMC) has exceeded revenue and profit expectations in the second quarter, showcasing a strong performance fueled by the increasing demand for advanced chips used in AI applications. The company reported a revenue of 673.51 billion New Taiwan dollars, surpassing the LSEG consensus estimate of NT$657.58 billion. Additionally, TSMC’s net income of
Nokia, the Finnish telecom company, experienced a massive setback as its shares plummeted following a 32% decline in second-quarter operating profit. The weak demand for its 5G equipment was cited as the primary reason for the disappointing financial results. The company’s Helsinki-listed stock took a hit, dropping by 8% shortly after the market opened in
JD Vance, the new running mate of U.S. presidential hopeful Donald Trump, delivered a hard-hitting speech at the Republican National Convention emphasizing the need to protect the wages of American workers. In his address, Vance highlighted the threat posed by the Chinese Communist Party to American citizens, stressing the importance of safeguarding the interests of
Social Security is facing a looming crisis that requires immediate attention. The program’s trust funds are projected to run out by 2033, leaving only a fraction of benefits payable. Both President Joe Biden and former President Donald Trump have pledged not to cut benefits, but doubts remain about the sustainability of the program. The 2024
General Motors has announced that it will be increasing production of the Cadillac Escalade V-Series performance model for the 2025 model year. The new SUV will come with a variety of updates and enhancements, including a standard 55-inch diagonal display across the dash, a passenger-only screen, an “executive package” for the second row, power doors,
The recent optimism surrounding the Federal Reserve’s potential decision to lower interest rates has had a significant impact on the stock market. With the likelihood of a rate cut by September standing at 100%, traders have been pushing stocks to new highs, as seen with the Dow Jones Industrial Average and the S&P 500 reaching