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In today's big story, we got our first interest-rate cut, but it doesn't feel like it for many consumers . We finally got an interest-rate cut, but borrowing costs are still high. First off, last month's interest-rate cut wasn't going to provide immediate relief. Yes, the average 30-year fixed mortgage rate has gone up 47 basis points since the Fed cut rates , writes BI's Matthew Fox. So the Fed cut rates but borrowing costs went up?
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Constellation Research said Nvidia stock will soar 65% to $200 per share over the next year. The research firm said it expects Nvidia stock to continue soaring for the next 18 to 24 months as it benefits from its AI dominance. These are the seven reasons Wang expects Nvidia stock to soar 65% from current levels. You're going to be locked in for quite some time and they've got quite a lead in terms of doing that." Wang isn't the only analyst on Wall Street with a $200 price target for Nvidia stock.
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Jessica Vann recruits executive assistants for companies like Okta at her company Maven. She says executive assistants are nothing like secretaries — they're the eyes and ears of a leader. After all, an executive assistant preserves a company's scarcest and most precious resource: the leader of the organization. Raising issues to an executive assistant can give the executive the opportunity to intervene while there's still a chance. Are you a recruiter or executive assistant at a major tech company?
Get the latest tips you need to manage your money — delivered to you biweekly. Based on these stats, even those who fall into the 1% aren't necessarily wealthy enough to eschew budgeting and ignore the pitfalls of modern consumerism. Here are some budgeting tips for the highest earners (and everyone else, too) from the experts who help them manage their money:1. Fee-only financial adviser Ryan Inman of Physician Wealth Services and FinancialResidency.com says this is why the first step of budgeting is understanding your financial goals. That way, you can have a plan for the money you're bringing in without turning your budget into a part-time job.
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