When applying for a mortgage, a multitude of factors can lead an application to be denied, with unverifiable income being one of the most significant pitfalls. Understanding the reasons behind this and the potential paths forward is crucial for prospective homebuyers. From various forms of income to alternative mortgage options, this article aims to shed
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The renowned 4% rule has long served as a cornerstone of retirement planning, providing retirees with a guideline for sustainable withdrawal rates from their retirement portfolios. However, as we approach 2025, recent research suggests that this established wisdom may require significant re-evaluation in light of evolving market dynamics. This article delves into the implications of
Christmas Day 2023 marked a monumental occasion for the streaming landscape, as Netflix achieved a historic milestone by broadcasting the most-watched NFL games in U.S. history. With nearly 65 million viewers tuning in for two exclusive matchups, Netflix has established itself as a formidable player in live sports streaming. The matchup between the Baltimore Ravens
In a remarkable display of corporate resilience, Snowflake Inc. witnessed its share price soar by 19% in after-hours trading on Wednesday following the release of its fiscal third-quarter earnings. The data analytics software leader reported earnings per share of 20 cents, surpassing analysts’ expectations of 15 cents. With revenues of $942 million eclipsing projections of
Cisco Systems, a prominent player in the tech landscape, recently announced its fourth consecutive quarter of declining revenue, which poses a significant concern for investors and industry watchers. However, the company’s results did manage to exceed analysts’ expectations, albeit with mixed reactions reflected in the stock market. As the tech giant grapples with these financial
The recent federal indictment of Tal and Oren Alexander, along with their brother Alon, has sent shockwaves through not only New York’s luxury real estate realm but society at large, illustrating the disturbing intersection of wealth, power, and sexual violence. Prosecutors claim that the brothers orchestrated a horrifying sex trafficking operation that preyed on numerous
The financial landscape for gig economy workers has faced increasing scrutiny in recent years, with regulatory bodies cracking down on perceived unethical practices. Recently, the Consumer Financial Protection Bureau (CFPB) initiated a lawsuit against retail giant Walmart and the work-scheduling platform Branch Messenger. This legal action centers on allegations that these companies improperly managed financial
Inflation remains a focal point in the economic landscape, as consumers grapple with fluctuating prices across various essential categories. The recent report from the Bureau of Labor Statistics revealed that the consumer price index (CPI) saw a modest rise of 2.7% in November 2023. This increase reflects a slight uptick from a 2.6% annual rate
The holiday season, often associated with joy and celebration, has increasingly become a time of financial strain for many Americans. According to a recent survey conducted by LendingTree, 36% of American consumers accrued holiday-related debt this year. The average debt taken on surged to $1,181, which is a notable increase from the previous year’s $1,028
The “Dogs of the Dow” is a well-known investment strategy that focuses on selecting high dividend-yielding stocks from the Dow Jones Industrial Average. Similarly, the “Dogs of the S&P” extends this strategy to the broader S&P 500 index. Each year, investors engage in a systematic process where they pinpoint the top stocks based on their