Author: iannouncethis.com

If your car or truck breaks down, you may have to call for a tow truck to take it to a place where it can be fixed. What’s that tow likely to cost you? The answer depends on a variety of factors. Here is what you need to know—and how you may be able to save some money. Key Takeaways Your auto insurance policy may cover you if you paid for optional towing coverage.According to J.D. Power, the national average cost of a tow is around $109.Some credit cards also provide free or low-cost towing as a cardholder benefit.Another option is…

Nick Jones, equity research analyst at JMP securities, joins ‘Power Lunch’ to discuss Opendoor’s warning, the cash needed to navigate near term headwinds and forces needed to normalize the housing market.For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News…

Robo-advisors can invest and perform basic money management functions for consumers today at a fraction of most human advisors’ costs. But for all they can do, robo-advisors have their limitations—there are still many functions that only a human can do. Here’s a breakdown of what robo-advisors can and can’t do for you at this point in their evolution. Key Takeaways Robo-advisors automate investing and trading strategies at reduced costs.Robo-advisors cannot understand or implement complex investing strategies or create customized financial plans.If you’re getting started investing, it might be best to use the services of a financial advisor to help you…

Taiwanese senior man sitting at table and calculating financesgetty We’re facing a “2016-like” moment in bonds these days, meaning anyone who buys now has a shot at locking in 10%+ dividends for decades—and a shot at price upside, too. I mention 2016 now because, back then, something truly unusual happened: interest rates on bonds jumped in a short period of time, driving the payouts on high-yield corporate bonds to nearly 10% at their peak: Corporate Bond Yields SpikeFederal Reserve As you can see above, anyone who bought a high-yield bond in 2016 locked in a 10% cash flow. Many of…

ETH’s price volatility has dropped to its lowest point in a decade. Its correlation with BTC might keep its price stagnated for a while. In its 10-year history, Ethereum’s [ETH] volatility has dropped to its lowest level, data from IntoTheBlock revealed. At the time of writing, this was 16%. Ethereum’s volatility is at a record low. Throughout ETH’s history, a general trend of decreasing volatility can be observed as the asset gains adoption. Nonetheless, the levels currently being experienced are quite extraordinary. Also note that volatility generally sees… pic.twitter.com/8gl5zKnKUT — IntoTheBlock (@intotheblock) August 11, 2023 Read Ethereum’s [ETH] price prediction 2023-24 Like…

Software firm PayProp UK has appealed to the government to reserve Section 24, which replaced mortgage tax relief with a 20% tax credit. Accountancy firm UHY Hacker Young, using data from HMRC, estimated that 70,000 buy-to-let landlords exited the PRS last year and 116,000 rental properties were lost to the sector. Neil Cobbold, managing director of PayProp, said: “The private rented sector has been under the government spotlight in recent years and there is no doubt that this may have contributed to some landlords leaving the industry. “While we welcome measures to improve the quality of housing in the PRS…

CNBC Awaaz | First Trade Live Updates | Business News Today | Share Market | Stock Market Updates #live #cnbcawaazlive #firsttrade #firsttradeupdates #aajkatajakhabar #businessnewslive #stockmarketlive #sharemarketlive n180c_business CNBC Awaaz is one of India’s top business channels and a leader in business news and information for the last ten years. Our channel aims to educate, inform and inspire consumers to go beyond limitations, with practical tips on personal finance, investing, technology, consumer goods and capital markets. Policymakers and business owners alike have grown to trust CNBC Awaaz as the most reliable source with its eye on India’s business climate. Our programming…

The Bitcoin Mining Council recently released a new survey. The report revealed a 70% increase in the Bitcoin mining hash rate in H1 2023. Similarly, there has been a 1% growth in sustainable power within the period. The voluntary global forum for BTC mining projects released its findings based on three major metrics: technological efficiency, sustainable power mix, and electricity consumption. As per the report, the BMN membership hash rate has witnessed a growth from 24 EH to 258 EH between Q1 2022 and Q2 2023. Bitcoin Mining Council represents 43.4% of the worldwide Bitcoin Mining Network. Its members have…

Cases of buy-to-let arrears rose by 28% in the second quarter of 2023, totalling 8,980 cases, UK Finance figures show. Some 440 buy-to-let mortgaged properties were taken into possession in the second quarter of 2023, 7% more than in the previous quarter. Adam Oldfield, chief revenue officer at Phoebus Software, said: “The level of arrears and possessions in the buy-to-let sphere is worrying. “The rising costs of rents in the private sector is well reported, so it has to be a concern to lenders that the number of landlords in arrears has increased by such a high percentage. “Landlords will…

Swiss bank UBS (UBS) has announced it will voluntarily end a $10 billion government backstop deal which helped to secure a takeover of Credit Suisse, suggesting the failed lender’s assets are in better shape than expected. Key Takeaway UBS ended a $10 billion Loss Protection Agreement with the Swiss government.The company also terminated emergency liquidity support of around CHF 100 billion.Investors could see the move as a sign that the integration is progressing well. The surprise announcement saw the Swiss megabank end a CHF 9 billion ($10.3 billion) Loss Protection Agreement (LPA) with the country’s government. UBS also announced it…