Just one lower appraisal could affect the cumulative wealth of an entire community, according to a new Biden administration report on the causes, extent and consequences of property misvaluation.
IBJ Podcast: Columnist Mickey Kim on surviving a volatile stock market
“When things get rocky, we want to protect ourselves,” Kim tells host Mason King. “We are thinking: Don’t just sit there, do something. And I will tell you: Doing something is the wrong thing to do.”Read More
Biden extends grace period on student loan payments through May 1
Interest rates will remain at 0% during that period, and debt collection efforts will be suspended. Those measures have been in place since early in the pandemic, but were set to expire Jan. 31.Read More
IBJ Podcast: Can you afford to quit your job and be part of the Great Resignation?
Host Mason King talks with Peter “Pete the Planner” Dunn about how to prepare financially to leave your job. Plus, Pete offers a prediction about the stock market as the year comes to a close.Read More
IBJ Podcast: Pete the Planner explains how to pay (and how not to pay) for college
Host Mason King talks with Peter “Pete the Planner” Dunn this week about when parents need to start saving, what savings vehicles to use and whether parents should go into debt to fund their kids’ education.Read More
He’s the CEO of Indianapolis-based Sarson Funds, which offers cryptocurrency-focused investments to financial advisers and accredited investors. He spoke to IBJ recently—not from his office, but from what he calls the firm’s “secret location,” a house in Carmel where staffers build computers and do crypto mining.
According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average has spiked in the last six weeks to 3.92%.
The S&P 500 index advanced 1.9%, reclaiming some of its January losses but still closing down nearly 5.9% in its worst monthly performance since March 2020. And the tech-heavy Nasdaq, still down 10% for January, climbed 3.4%, boosted by investors looking to buy the dip.
The first rule of discretionary spending is to make the category discretionary, not the amount. Living a “no limit” lifestyle is the aspiration for many, but it’s unhealthy and wasteful.
Prosecutors said Ismaila Fafunmi was involved in a network of scammers preying on the elderly, including impersonating romantic companions eager to forge relationships on dating websites.
Host Mason King and the folks in the Midtown Parents Facebook Group in Indianapolis have a lot of questions about money—specifically how they should be saving it for retirement and college.
One frequent mistake of first-time homebuyers is to “over buy,” thinking their future salary will make the payments easier. Buy a house you can afford and will enjoy.
HG Ventures, the corporate venture arm of Indianapolis-based The Heritage Group, announced on Thursday a partnership with Innovate UK to leverage HG Ventures investments in environmentally sustainable innovation in the United Kingdom. HG Ventures joins a handful of other venture groups in the program following a competitive selection process
Steak n Shake was preparing for a potential Chapter 11 filing earlier this month while the company negotiated with holders of the debt, Bloomberg had reported.
Since the pandemic has shifted many of these interactions online, local dealmakers say they feel the loss of assessing non-verbal cues and interactions among members of a management team as they decide whether to acquire companies or invest in startups.
Kinetic Advantage, which helps finance inventory for independent car dealers, launched last July, but has already grown to 65 employees and is operating in 26 markets.
In this week’s podcast, Peter “Pete the Planner” Dunn says parents aren’t doing their adult kids any favors when they share details about their net worth or estate planning. In fact, doing so can cause far more problems than it solves.
The approach now known as ESG investing has been around for decades, but it started to take off in Europe and the United States in late 2018 and early 2019.
If anything, 2020 should have proven once and for all the futility of trying to make accurate market predictions.
The new firm, led by Emmis Communications executives, could raise as much $230 million to buy one or more companies and take them public.
@et meaningful financial goals. These goals should bring a great sense of accomplishment, once you achieve them.
Peter “Pete the Planner” Dunn breaks down the factors you must consider when building up your retirement nest egg.