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A global selloff in bonds, and a Fed interest rate hike that could hit sub-prime borrowers hardest
There’s been a big selloff worldwide in bond markets since the Fed’s decision yesterday to hike interest rates. The yield on government bonds rose sharply in Germany, the U.K., Australia and Japan. In China bond futures fell so much exchange authorities halted trading of those securities. In fact, yields on long-term U.S. Treasuries have been […]
The magic of compounding: An explainer
Compounding is one of the best tools out there to build wealth.
Islam and money
The first in our series about money and religion, we look at how Muslims view and deal with money. Learn more about Islamic law regarding debt, investments and tithing.