What Happens During a “Credit Crunch” and How You Can Prepare For It

What Happens During a “Credit Crunch” and How You Can Prepare For It

A credit crunch is a significant tightening of lending standards between banks. Loans are more difficult to obtain and become more expensive. The banking crisis triggered by the failures of Silicon Valley Bank and Signature Bank will likely lead small and medium-sized institutions to prioritize a healthy balance sheet. The prospect of a recession led … Read more

Study: These foods increase your risk of dementia — a lot

Study: These foods increase your risk of dementia — a lot

Butter. Burgers. Sausages. Store-bought pastries, cakes and cookies. Oh, and sodas, sweet or diet. They’re all bad, and they all increase our risk of dementia – by a lot. So reports one of the largest and most chilling studies ever, involving around 60,000 people in their 40s, 50s and 60s. The study, involving massive numbers … Read more

Can I evict tenants who lived in a house I inherited for years without a lease?

Can I evict tenants who lived in a house I inherited for years without a lease?

I inherited a house in San Francisco from my aunt. My aunt had rented her basement to an older couple (probably illegally) for a few years at below market prices. I don’t believe there was a lease, and it’s probably against building code to have tenants in the basement. The couple’s family lives nearby. I … Read more

The deadline for the minimum distributions required for the first year is April 1

The deadline for the minimum distributions required for the first year is April 1

Ronnie Kaufman | Digital Vision | Getty Images If you turned 72 in 2022, the last chance for your first mandatory retirement plan withdrawal is April 1 – or you could face a hefty tax penalty. Generally, you must begin these annual withdrawals, known as required minimum distributions, or RMDs, at a specific age. Prior … Read more

Sanofi becomes latest drugmaker to announce insulin price cuts, capping cost at $35 for privately insured

Sanofi becomes latest drugmaker to announce insulin price cuts, capping cost at  for privately insured

CNN — Sanofi is cutting the list price of Lantus, its most widely prescribed insulin in the United States, by 78% and setting a monthly cap of $35 for those with private insurance, the company announced Thursday. The change is effective January 1. The move follows similar moves by Eli Lilly and Novo Nordisk earlier … Read more

How much money you would have if you had invested $1,000 ten years ago

How much money you would have if you had invested ,000 ten years ago

Sopa Pictures | Light flare | Getty Images From its $4.99 roast chickens to its $1.50 hot dog combos, Costco has long been a favorite of price-conscious shoppers. Amid rising food prices, inflation-hit consumers are looking to put their money to work, much to Costco’s benefit. The wholesaler ended the fiscal second quarter of 2023 … Read more

‘Am I crazy?’ After my mum died, my cousin took her designer handbag and my aunt took 8 paintings home – then things really got out of hand

‘Am I crazy?’  After my mum died, my cousin took her designer handbag and my aunt took 8 paintings home – then things really got out of hand

My mother passed away three months ago after a long and horrific decline due to dementia. It devastated me and my immediate family. I also had to quit my job during this time. My mother passed away less than a month after being transferred to a memory care unit, and I am still in deep … Read more

11 minutes of aerobics a day lowers disease risk, study finds

11 minutes of aerobics a day lowers disease risk, study finds

Sign up for CNN’s Fitness, But Better newsletter series. Our seven-part guide will help you adopt a healthy routine, backed by experts. CNN — When you can’t fit all of your training into a busy day, do you think there’s no point in doing anything? You should rethink that mindset. Just 11 minutes of moderate-to-vigorous-intensity … Read more

Want to slow down the aging process? It can be as simple as eating less.

Want to slow down the aging process?  It can be as simple as eating less.

Posted: February 25, 2023 10:42 a.m. ET Could dieting slow down the aging process? Most likely, according to new research. A two-year study of 128 middle-aged people who reduced their calorie intake by 25% found that their bodies aged more slowly as a result. “THE… Could dieting slow down the aging process? Most likely, according … Read more

In a context of high housing costs, how to determine what you can spend on rent

In a context of high housing costs, how to determine what you can spend on rent

gremling | E+ | Getty Images There is often a chasm between theory and practice, what we should be doing and what we are actually doing. Yet when it comes to the longstanding advice to renters not to spend more than 30% of their income on housing, the target is increasingly unattainable, experts say. “The … Read more