Day: August 11, 2023

Cruise ships sail to the top of the S&P 500

Here are three of the week’s top pieces of financial insight, gathered from around the web: ARMs lose their allure Adjustable-rate mortgages are a losing proposition for most homebuyers right now, said Veronica Dagher in The Wall Street Journal. The average rate on ARMs is currently “nearly equivalent to the average 30-year fixed rate of…

Is the threat of impeachment the new presidential normal?

To be the president of the United States is to exist under pressures virtually unimaginable to nearly everyone else on Earth; you control a vast arsenal of weapons capable of destroying the planet many times over; you sit at the top one of of the most powerful, complex economies in history; the lives and wellbeing…

10 things you need to know today: August 5, 2023

1 Judge rules Texas’ abortion ban must allow medical exceptions A Texas judge on Friday ruled that the state’s abortion ban was too restrictive against women with complex pregnancies, issuing a temporary injunction to allow certain medical exemptions for abortions. State District Court Judge Jessica Mangrum outlined these medical exemptions as a pregnancy that presents a risk…

6 upscale homes in hiking country

Santa Fe, New Mexico  This four-bedroom adobe home stands on 78 private acres in the Sangre de Cristo Mountains, abutting the Santa Fe National Forest. The 1982 Pueblo-style house features antique carved-wood doors; extensive tilework; a curved staircase; a great room with viga ceilings, stone-clad kiva fireplace, and Saltillo tile floors; a gourmet kitchen; and…