Monty Rakusen/Getty Images; Illustration by Austin Courregé/Bankrate Key takeaways A business equipment loan is designed specifically for buying equipment and is secured by the equipment…
The brother of Tesla CEO Elon Musk has been selling Tesla stock. Kimbal Musk has been offloading shares in recent months, just as Tesla stock has made a massive retreat from all-time highs that put…
Mortgage rates remained near a three-month low this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage ticked up to 6.65% from last week’s reading of 6.63%. The average rate on a…
Our writers and editors used an in-house natural language generation platform to assist with portions of this article, allowing them to focus on adding information that is uniquely helpful. The article was reviewed, fact-checked and edited by our editorial staff prior to publication. Key takeaways Bad credit business loans are…
Key takeaways Currency exchange options have expanded, but knowing best practices helps you avoid costly misconceptions. While many airport exchanges charge high fees, newer automated kiosks offer more competitive rates. Modern ATM networks and bank partnerships make advance currency exchanges less necessary than before. Understanding how bank partnerships affect exchange…
Thomas Barwick/Getty Images Key takeaways An open-end fund adds and removes shares as they are bought and sold. A closed-end fund is static with a fixed number of shares. Mutual funds can be open- or closed-end, though open-end is most common. Open-end and closed-end funds have a lot in common.…
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Investors were reminded of how volatile stocks can be in early March as stocks sold off due to concerns about how tariffs would impact the outlook for economic growth and inflation. Previous market darlings such…
