Financial advisers tell us how they handle clients who love to gamble

Despite a break in the fighting today, mortgage rates have been creeping higher this week as the Iran ceasefire seemingly falls apart. This week’s aggressions quickly drove up oil prices and bond yields, and we’ve seen mortgage rates head upward, too. The average interest rate on a 30-year, fixed-rate mortgage rose to 6.44% APR, according…

Consumer prices rose 3.5% over the past 12 months, as of June 2026. And while some inflation is normal for a growing economy, many Americans are feeling the squeeze. More than 4 in 5 Americans (83%) say the rising cost of living has contributed to them tracking their spending more closely in 2026, according to…

Few things unite homeowners more than their shared disdain for rising property taxes. It’s no surprise, then, that Florida Governor Ron DeSantis’s calls for state property taxA property tax is primarily levied on immovable property like land and buildings, as well as on tangible personal property that is movable, like vehicles and equipment. Property taxes…

News release The Bank of England has today published its policy statement and draft Code of Practice (rules) for systemic stablecoin issuers, marking a key milestone in establishing the UK’s stablecoin regime. The framework supports safe innovation, enabling UK issued stablecoins to develop as trusted forms of digital money. Alongside other innovations in money and…

Frustrated at the collapse of his poorly-considered Memorandum of Understanding with Iran, President Trump has declared the US will reimpose its blockade of the Strait of Hormuz and begin charging a 20 percent fee for passage. It’s genuinely astonishing for the government of the United States to blithely repudiate one of its most important contributions to international order. The US has…

In the past three to four decades, many successful real estate developers, sponsors, syndicators and operators have built substantial portfolios of commercial real estate using high-net-worth investor capital. Through careful acquisitions, development expertise, market appreciation and operational oversight, these sponsors have amassed portfolios worth tens or even hundreds of millions of dollars. While this success…