Finance

Garry Marr: Mexico unrest shows it's time to start thinking of your vacation as an investment and hedge your bets

Investments come in many different categories. It might be time that the family vacation be considered one of them. The return is something you look forward to for months and look back on wit...

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Mortgage rates are back below 6%, the lowest since 2022

Mortgage rates have dropped sharply from a year ago.Sha Hanting/China News Service/VCG/Getty ImagesThe 30-year fixed mortgage rate fell to 5.99%, tying the lowest level since 2022.A stock sell-off ...

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BofA downplays the jitters around Blue Owl and says misinformation is rattling private credit

Michael M. Santiago/Getty ImagesHeadlines about Blue Owl Capital have sparked fears about the state of private credit. BofA says worries are driven by a lack of understanding and misinformation. Th...

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Freaking out about AI destroying jobs? Look here to see what's really happening.

Tech leaders, including Dario Amodei and Sam Altman, at an AI summit in IndiaFortune via Reuters ConnectA version of this story originally appeared in the BI Tech Memo newsletter.Sign up for the we...

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IBM stock sinks as Anthropic rolls out yet another disruptive AI tool

Matthias Balk/picture alliance via Getty ImagesIBM stock dropped 13% on Monday after Anthropic unveiled a new AI tool.Its newest update is geared toward helping companies modernize a legacy program...

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The Government Is Trying to Rein in Medicare Advantage Costs. Will It Work?

Keeping healthcare costs under control is crucial for retirees. Something good recently happened. The Centers for Medicare and Medicaid Services (CMS) announced that its proposed average inc...

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A research report warning of an AI-driven recession and stock crash has gone viral and spooked investors

Craig T Fruchtman/Getty ImagesThe AI trade has boosted markets, but one market research firm has a warning for investors.Citrini Research's hypothetical scenario sees AI leading to a stock crash an...

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Trump's admin confirms that selling federal student loans to private companies is still on the table

President Donald TrumpSaul Loeb/AFP/Getty ImagesThe Education Department said it has not made a final decision on selling off federal student loans.It's the first time the administration has public...

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AI agents make agreeable coworkers, and that's a problem for solo business owners. Here are 3 ways they're fixing it.

Founders Tim Desoto, Yesim Saydan, and Aaron Sneed all implemented a strategy to make their AI employees better.Courtesy of Tim Desoto and Yesim Saydan; Michelle Bruzzese for BIOverly agreeable AI ...

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You could burn through $50,000 covering an unemployment stint in today's market

Joanelle Cobos (left) and Clair Todd (right) prepared financially for layoffs but faced a challenging job market.Joanelle Cobos (left), Clair Todd (right)Job seekers are taking longer to find work ...

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What goes into a $75,000 a year kindergarten? Breaking down the cost of New York City private schools.

The Avenues School will be Manhattan's most expensive private school next year, with tuition of more than $75,000 for kids as young as two.Katie Warren/BITuition at eight New York City private sch...

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These gig workers are quitting apps like Uber and looking for full-time jobs or other side-hustles

Gig workers are quitting apps like Uber, saying that pay and working conditions have gotten worse.Stacey Wescott/Chicago Tribune/Tribune News Service via Getty ImagesSome gig workers are calling it...

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Expect used EV prices to fall as imports climb: FP Video

This week FP Video looks at how a flood of ...

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CoreWeave stock is tumbling amid fresh data-center financing concerns

he CoreWeave company name and logo are displayed on digital billboards in Times Square during the company's IPOMichael M. Santiago/Getty ImagesCoreWeave stock fell as much as 12% on Friday and is p...

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Here's what smart people are saying about the Supreme Court striking down most of Trump's tariffs

The Supreme Court took a major tool out of President Donald Trump's hands.Heather Diehl/Getty ImagesThe Supreme Court struck down most of President Donald Trump's tariffs on FridayBusiness groups h...

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Brad Carr: Canada needs to cut the GST/HST for all new homebuyers, not just first-timers

Once defined solely by a critical lack of supply, Canada’s ...

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My wife’s brother never claimed his part of their mother's estate. What do we do now?

Q. I am helping my wife manage...

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What you need to know about filing to the CRA this year as tax season looms

Tax season officially launches...

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A 3-fund portfolio, a no-kid lifestyle, and a 'die with zero' mindset: How one NYC couple is retiring in their 40s

Financially independent couple Josette Chang and Alexander NathansonCourtesy of Josette Chang and Alexander NathansonJosette Chang and Alexander Nathanson paid off their mortgage early and hit fina...

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PwC engineers built an AI agent to tackle the corporate world's least sexy task: spreadsheets

PwC, like many consulting firms, is investing heavily in engineering talent.Artur Widak/NurPhoto via Getty ImagesPwC's engineers have created a new AI agent to tackle enterprise-grade spreadsheets....

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Blue Owl shopped debt for a CoreWeave data center. Lenders weren't sold.

Bloomberg/Getty ImagesBlue Owl Capital failed to secure financing for a $4 billion data center project in Pennsylvania.One lender said the lack of interest was due to CoreWeave's creditworthiness.A...

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