Overall, life for baby boomers has been good. Those lucky enough to be born in the United States between 1946 and 1964 have experienced a growing economy and rising real estate and stock values, with their collective net worth reaching levels their parents probably never imagined. They have also benefited from some of the greatest …

BATON ROUGE, La. – The deadline to apply for federal assistance for severe storms, tornadoes and floods in May is August 2. You won’t want to miss the opportunity to receive a FEMA grant or a low-interest disaster loan from the US Small Business Administration. (SBA), if qualified. The five parishes designated for disaster assistance …

Cincinnati Insurance Co. does not need to cover Covid-related business losses from an oral surgery practice, the Eighth Circuit ruled, scoring a huge victory for insurers. The U.S. Eighth Circuit Court of Appeals on Friday became the first federal appeals court to directly address the issue of whether insurance policies against physical loss or damage …

Mexican fintech startup Credijusto has acquired Banco Finterra, one of the country’s regulated banks, marking a milestone in the country’s booming fintech industry. Banco Finterra grants loans to small and medium-sized businesses in addition to farmers. Analysts say Finterra gives the fintech company a competitive edge. The startup, backed by Goldman Sachs and Credit Suisse, …

It is perhaps not surprising that there has been an increase in the number of multigenerational living situations in the United States. According to Generations United, 7% of Americans lived in multigenerational homes in 2011. By 2021, the percentage had risen to 26%. That’s one in four of us living with three or more generations …

Amidst all of the news this week, one potentially groundbreaking piece of legislation seemed to be slipping under the radar: the idea of ​​a radical overhaul of America’s credit reporting industry. “Good credit is a gateway to wealth,” House Financial Services Committee chair Maxine Waters, D-Calif said Tuesday. “Yet for too long our credit reporting …

Summer months, like Christmas, can often be a time of year when household expenses suddenly increase. People are expected to spend more than £ 700 typically on fun this summer, according to a recent Virgin Money poll. While the pandemic could mean fewer people are going on expensive overseas vacations this year, there will still …

Joseph Chetrit with the Tides Hotel (Getty, Tides via Facebook) The Chetrit Group’s new lender alleges the New York real estate company stole $ 2 million in insurance money related to damage to the long-shuttered Tides South Beach hotel, court documents show. The latest allegations are part of a $ 45 million foreclosure lawsuit filed …

Financial services giant Intuit this week informed 1.4 million small businesses using its QuickBooks Online Payroll and Intuit Online Payroll products that their payroll information will be shared with the big three consumer credit bureaus Equifax starting later this year, unless customers opt out by the end of this month. Intuit says the change is …

Behnam Norouzi / Unsplash Crypto money the market is booming, and it’s all thanks to DeFi. Since DeFi “summer 2020”, when the Total Locked-In Value (TVL) in DeFi smart contracts rose 2,000% in just a few months (peaking at $ 20 billion), enthusiasm for crypto money market services reached an all-time high. DeFi’s TVL is …