A credit crunch is a significant tightening of lending standards between banks. Loans are more difficult to obtain and become more expensive. The banking crisis triggered by the failures of Silicon Valley Bank and Signature Bank will likely lead small and medium-sized institutions to prioritize a healthy balance sheet. The prospect of a recession led … Read more
Butter. Burgers. Sausages. Store-bought pastries, cakes and cookies. Oh, and sodas, sweet or diet. They’re all bad, and they all increase our risk of dementia – by a lot. So reports one of the largest and most chilling studies ever, involving around 60,000 people in their 40s, 50s and 60s. The study, involving massive numbers … Read more
I inherited a house in San Francisco from my aunt. My aunt had rented her basement to an older couple (probably illegally) for a few years at below market prices. I don’t believe there was a lease, and it’s probably against building code to have tenants in the basement. The couple’s family lives nearby. I … Read more
The federal government helped customers of Silicon Valley Bank and Signature Bank get their funds back this week, even though their deposits were uninsured. If other institutions fail in the future, customers may have to rely on FDIC insurance, Treasury Secretary Janet Yellen said this week. Importantly, FDIC insurance has limits. Here’s how to make … Read more
If you turned 72 in 2022, the last chance for your first mandatory retirement plan withdrawal is April 1 or you could face a 25% penalty tax. Although the annual deadline for the required minimum distributions is December 31, there is a special exception for the first year, which extends the deadline to April 1. … Read more
CNN — Sanofi is cutting the list price of Lantus, its most widely prescribed insulin in the United States, by 78% and setting a monthly cap of $35 for those with private insurance, the company announced Thursday. The change is effective January 1. The move follows similar moves by Eli Lilly and Novo Nordisk earlier … Read more
Sopa Pictures | Light flare | Getty Images From its $4.99 roast chickens to its $1.50 hot dog combos, Costco has long been a favorite of price-conscious shoppers. Amid rising food prices, inflation-hit consumers are looking to put their money to work, much to Costco’s benefit. The wholesaler ended the fiscal second quarter of 2023 … Read more
Sign up for CNN’s Fitness, But Better newsletter series. Our seven-part guide will help you adopt a healthy routine, backed by experts. CNN — When you can’t fit all of your training into a busy day, do you think there’s no point in doing anything? You should rethink that mindset. Just 11 minutes of moderate-to-vigorous-intensity … Read more
Hiring a top interior designer is a luxury few consumers can afford, but there are a growing number of services available to virtually decorate your space for less. The Expert, for example, offers one-hour consultations with top decorators for $1,000 to $2,000. For consumers who want help but may not have the means or access … Read more
Posted: February 25, 2023 10:42 a.m. ET Could dieting slow down the aging process? Most likely, according to new research. A two-year study of 128 middle-aged people who reduced their calorie intake by 25% found that their bodies aged more slowly as a result. “THE… Could dieting slow down the aging process? Most likely, according … Read more
