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As the saying goes, a rich man is nothing but a poor man with money — and real estate.  More than 13% of the country’s real estate assets are owned by the wealthiest 1% of Americans — a circumstance that significantly enriched the well-heeled over the past two years of sky-high rates and housing shortages. The 1% has been so enriched, a recent Redfin analysis revealed, that their combined wealth could now feasibly purchase almost every home in the nation. The analysis further concluded that the top 0.1% alone could purchase...

On Monday, the dollar teetered near a five-month low against major global currencies, grappling with the impact of President Donald Trump's unpredictable trade policies and feeble economic indicators from the U.S.Meanwhile, Germany's recent fiscal strategies have infused optimism into the euro, pushing it to a value of $1.0905 and nudging it towards a peak seen last week. The Japanese yen also showed marginal gains, reflecting a broader trend where the dollar struggles against its main counterparts.Observers point to a shift in currency market sentiments, driven by revised expectations on...

The real-estate frenzy sparked by the arrival of coronavirus pandemic in 2020 has had lasting effects on Palm Beach real estate. Here are some highlights.Video: Morning traffic enters Palm Beach over Flagler Memorial BridgeVideo: Early morning drivers enter Palm Beach across the Flagler Memorial Bridge February 13, 2025.Five years after the coronavirus pandemic arrived in Palm Beach, its boom-time effects on local real estate continue to resonate.Although the real estate frenzy has cooled a bit over the past two years, home prices in Palm Beach remain higher and the number...

The stock market is in a world of hurt, giving up all of its post-election gains due to worries about tariffs, trade wars, and the threat of recession. But gold continues to shine! The yellow metal is getting ever closer to $3,000 an ounce, opening up investment opportunities. Here are some to consider from top MoneyShow experts. Sean Brodrick | Weiss Ratings Daily There’s something very curious going on in gold — and it says something about where the yellow metal might be headed. An easy way to play the...

Open this photo in gallery:The 407 toll highwayFred Lum/The Globe and MailPublic Sector Pension Investment Board is making its largest-ever investment in Canada with a multibillion-dollar deal to acquire a piece of Ontario’s 407 ETR toll road.In a series of transactions announced Thursday morning, Montreal-based engineering giant AtkinsRéalis Group Inc. ATRL-T said it was divesting its 6.76-per-cent stake in the toll road for nearly $2.8-billion. Spanish construction giant Ferrovial will buy most of that stake – 5.06 per cent – for $2.1-billion and Canada Pension Plan Investment Board will acquire...

Recession fears persist amid inflation and trade warsPresident Donald Trump did not rule out the possibility of a recession in a recent Fox News interview, amid his administration's continuing trade war.The U.S. economy may be heading toward a recession due to recent economic policies and global uncertainty.A recession is characterized by a decline in economic activity, including a drop in GDP, increased unemployment, and reduced consumer spending.Experts suggest preparing for a potential recession by building an emergency fund, reducing debt, and diversifying investments.Are we heading for a recession?On Monday, U.S....

It was the worst day yet in a scary stretch where the S&P 500 has swung more than 1%, up or down, seven times in eight days because of Trump’s on -and- off -again tariffs. The worry is that the whipsaw moves will either hurt the economy directly or create enough uncertainty to drive U.S. companies and consumers into an economy-freezing paralysis.Get Starting PointA guide through the most important stories of the morning, delivered Monday through Friday.The economy has already given some signals of weakening, mostly through surveys showing increased...

Trevor Jennewine  |  The Motley FoolHistorically, February in a post-election year has been the worst month for the U.S. stock market, according to Carson Group. Indeed, the S&P 500 (SNPINDEX: ^GSPC) declined 1.4% last month as disappointing economic data and concerns about potential tariffs weighed on the stock market.Is the February dip a buying opportunity? Or is the stock market too risky right now? Here's what investors should know.The S&P 500 has historically moved higher in March through AugustThe S&P 500 in the last decade has typically generated a positive...

Trevor Jennewine  |  The Motley FoolHow to create a will, set legacy contacts on your deviceThese four tips can help you and your loved ones sort through the digital assets after someone dies.Problem SolvedHistorically, the February after an election year has been the worst month for the U.S. stock market, according to Carson Group. Indeed, the S&P 500 (SNPINDEX: ^GSPC) declined 1.4% last month as disappointing economic data and concerns about potential tariffs weighed on the stock market.Is the February dip a buying opportunity? Or is the stock market too...

Spain is considering a major tax policy change that could significantly impact international property buyers. The proposed legislation aims to increase the property purchase tax for non-EU citizens—potentially up to 100% of the property’s value. This means that buying a home in Spain could cost twice as much for non-EU investors in the near future. If you’ve ever thought about owning a home in Spain, now is the time to act before these new regulations take effect.Spain’s Golden Visa Under Threat?For years, Spain’s Golden Visa program has been a gateway...