Business & Finance

A reverse mortgage is a collateralized loan product that allows retirees to borrow against the equity they have accrued in their homes. After taking out a reverse mortgage, homeowners have three options to access their loan: accept a lump sum of cash, receive fixed monthly payments, or tap into a variable-rate line of credit. If…

It’s not good news for workers in America. New research shows that U.S. life expectancy is now decreasing rather than increasing. To make matters worse, a recent data release on the U.S. labor force indicates that American workers are working longer than ever and experiencing less healthy and shorter retirements. Bloomberg lists some of the…

The old balance of power in the media industry has crumbled and burned. Ever since AT&T stated its intentions to buy Time Warner, media companies and investors have been scrambling to make deals and solidify their position in the industry’s rapidly changing power structure. The chaos is underpinned by broader changes affecting the media industry….

Tesla, solar technology and automaker and the brainchild of famed tech billionaire Elon Musk, has proven once again that it is immune to bad news. Despite its $60 billion market cap and extraordinarily positive public image, Tesla looks set to announce enormous losses for Q3 2017. Business Insider reports that the losses could be greater…

Investors in the tech industry have pointed to trouble ahead after some closely followed measures of tech valuations have revealed that they are, in fact, over-expensive. Including the cyclically adjusted price-earnings ratio, investors have compared the current stock market to the highs of the dot-com bubble in the early 2000’s. However, according to Mr. Jim…