June 1, 2025
Tangible Assets

America’s Bad Economic Vibes Are Causing People to Hoard Gold

Marc Faber, a longtime investor who says his nickname is “Dr. Doom” (not to be confused with this Dr. Doom), has been buying gold for decades and telling other people to stock up for just as long. The gold bug regularly appears on videos extolling the metal’s virtues while sounding alarms about economic collapse. He’s eyeing a

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Tangible Assets

MIKEY SMITH: 9 unhinged Donald Trump moments in 24 hours as he says Ukraine cash was ‘p****d away’

The President did an interview with a TV news channel – we’ll let you guess which one – while he was out there, during which he said money given to Ukraine was “p****d away” 12:34, 17 May 2025Updated 12:35, 17 May 2025 Back in the States. Off for a lie down(Image: AP) Donald Trump arrived

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Financial Assets

Money and mental health: What to do if you’re struggling with debt

Multi award-winning Chartered Financial Planner, Certified Coach, author of The Money Plan, and Sunday Mirror columnist Money and mental health are closely linked(Image: Getty Images) Tomorrow is the start of Mental Health Awareness Week – and money worries can impact our wellbeing in many ways. People often think if they had more money, their worries

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Financial Assets

2025 high school grads facing $40k in college student loans

Entering young adulthood saddled with debt has become standard for many who want an undergraduate degree, sometimes to the tune of tens-of-thousands of dollars. Around 45% of 2025 high school graduates will go on to a four-year college, according to NerdWallet analysis, and more than one-third of them will take on student loans to pay for their

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Financial Assets

Trade fight, policy uncertainty top financial risks

Pete Schroeder and Michael S. Derby  |  Reuters Powell to remain Fed chair, ‘no intention’ on firing him, Trump says President Donald Trump says he has no intention on firing Federal Reserve chairman Jerome Powell, but he would like to see interest rates cut. Concerns about trade policy, particularly tariffs and a potential trade war,

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Financial Assets

Student loans in default soon to be sent to collections. What to know.

Student borrowers could see credit scores drop for late loan payments Nearly 9.7 million student loan borrowers will see drops in credit scores, according to the Federal Reserve. Straight Arrow News Student loan collections will resume May 5th after a five-year pause. Millions of borrowers risk wage garnishment, impacting social security and tax returns. Defaulting

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Fixed Assets

Brits urged to put cash away for Christmas now to stop debt – how to start saving

The typical family will have only recently paid off their Christmas debt, with the average festive spend equating to more than half of their monthly income, new research has found Brits could be at risk of debt if they don’t start saving soon for Christmas(Image: Getty Images) The financial impact of Christmas continues to be

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Operating Assets

Shift surplus money to liquid funds now – Money News

With banks reducing interest rates on savings accounts, investors should consider liquid funds for better returns with low risk. These funds invest in short-term debt and money market instruments, offering relatively stable returns along with high liquidity. Liquid funds invest in instruments with maturities of up to 91 days, allowing them to quickly adjust to

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Financial Assets

Record outflows from leveraged loans

WASHINGTON: US leveraged-loan funds had their biggest-ever weekly outflow as investors dumped corporate debt across the board on concern that the tariff-spurred market turmoil will hit the economy.  An estimated US$6.5bil was pulled from the funds in the week ended last Wednesday, according to data from LSEG Lipper, as prices on the risky debt hit

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Fixed Assets

Six high street giants including Asda and Sainsbury’s refuse to take cash

A number of major retailers have stopped taking cash in some or all of their stores, sparking backlash from a pro-cash campaign group, who say they are ‘letting down the public’ 09:44, 18 Mar 2025Updated 12:35, 19 Mar 2025 Martin Lewis warns of ‘risk’ of a cashless society A string of major businesses – including

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