The U.S. dollar crumbled on Wednesday after Treasury Secretary Steve Mnuchin suggested that a weaker U.S. dollar would benefit the U.S. economy. In the aftermath of the comment, the U.S. dollar reached a three-year low against its major trading partners.
As bitterly cold temperatures descended across the U.S. last week, even the Sunshine State felt the chill. Temperatures dropped below freezing across much of Central Florida on Wednesday and Thursday night, threatening the state’s crops.
Markets were rattled last week after news broke that Canada expected President Trump to pull out of the North American Free Trade Agreement (NAFTA).
Americans’ love of meat is expected to hit a new high, according to a projection from the USDA. The government agency expects Americans to consume an average of 222 pounds of red meat and poultry during 2018.
As markets approached the Christmas holiday, it was particularly fitting that futures on evergreens were exploding. Rather than representing last-minute Christmas tree demand, the rallying market was actually lumber futures, which were responding to stronger-than-expected housing outlooks.
Two major U.S. futures exchanges are launching bitcoin futures, which is adding fuel to the fire behind the cryptocurrency market, pushing prices over $17,000 per BTC last week.
Beef prices ground to a new low last week as investors bailed out of the cattle market.
Americans’ love of meat is expected to hit a new high, according to a projection from the USDA. The government agency expects Americans to consume an average of 222 pounds of red meat and poultry during 2018.
Q. We make a reasonable living. We don’t want to spend another year living paycheck to paycheck. How can we create a realistic plan to get ahead in 2018?
As markets approached the Christmas holiday, it was particularly fitting that futures on evergreens were exploding. Rather than representing last-minute Christmas tree demand, the rallying market was actually lumber futures, which were responding to stronger-than-expected housing outlooks.
Q. I like to wait until the week of Christmas or even Christmas Eve to do my shopping. Some years I get a bonus that I use for Christmas gifts. This year I didn’t get a bonus. I don’t know how I’ll pay for my Christmas shopping. Should I borrow the money?
What does spirituality have to do with financial planning? That was my first thought when Stephen Brody, CFP, ChFC, EdD, contacted me about being interviewed for his doctoral dissertation on "Assessing Spirituality in Financial Life Planning." The incongruity of the idea intrigued me, so I agreed.
Two major U.S. futures exchanges are launching bitcoin futures, which is adding fuel to the fire behind the cryptocurrency market, pushing prices over $17,000 per BTC last week.
At the gym where I work out it’s not uncommon to hear us old guys complaining in the locker room about our aches and pains. When the complaining subsides, inevitably someone will remark, "Well, at least getting old is better than the alternative."
Beef prices ground to a new low last week as investors bailed out of the cattle market.
Q. Our goal is to purchase a home in the next year or two. Will charging all our holiday purchases increase or decrease our credit score?
After reaching all-time highs on Thursday, stock market futures plunged on Friday morning on fears of problems in Washington, D.C.
As U.S. farmers are finishing the soybean harvest this week, they were greeted with rising soybean prices, which neared $10 per bushel. Prices gained on hopes for more demand from China’s pork producers, who need soybeans to feed their increasing hog herds. Livestock demand in the United Sta…
Q. My wife and I argue over what provides the most value and convenience for our money during the holiday season — shopping online or shopping with local businesses. Her questions always comes back to does it really matter where we spend our money if it all stimulates the economy? How can I …
A traditional Thanksgiving feast for 10 should be under $5 per person this year, according to the American Farm Bureau Federation. Prices fell from last year especially for turkey, which is dropping due to low feed costs and increased supplies. Other staples like sweet potatoes, milk, dinner…
In February 2016, I published an article that was not kind to non-traded or private real estate investment trusts (REITS). Unlike the traded variety that can be sold immediately on a public exchange, non-traded REITS have no public market if you want to liquidate the shares, making them much…
Saudi Arabia was a hotbed of activity last week, which spooked the oil market to a two-year high near $58 per barrel.
Q: We are struggling to make our house payment and are now past due. We also have credit card debt and medical bills. It feels like we are sinking. There are so many different companies advertising various kinds of help that I’m not sure where to go. Any suggestions?
The Chicago Mercantile Exchange made a surprise announcement last week that it would begin listing a contract on bitcoin futures, giving more credibility to the cryptocurrency. Bitcoin, which is not controlled by any singular government, has seen increasing interest as an alternative to pape…
If you are new to investing, or if you aren't sure how much risk you are taking in your current portfolio, it may be helpful to spend a little time to determine your risk tolerance.