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Survey: Americans’ Financial Regrets Of 2023 And Tips To Manage Finances In 2024

Fact Checked Fact Checked Published: Jan 2, 2024, 9:59am The new year affords many of us the opportunity to start fresh with our finances. This time of year often prompts reflection on the previous year’s financial regrets, followed by ideas about changes that can be made to avoid missteps in the years to come. Forbes Advisor’s survey uncovered Americans’ top financial regrets of 2023 and the factors that contributed most to these misgivings. The survey also revealed how Americans plan to recover from challenges and mistakes in 2024 and how optimistic they feel heading into the new year. Key Takeaways Most Americans Have Financial…

Solar Panels Meet Saffron In New Agrivoltaic Project

The rarefied world of saffron cultivation is about to encounter a solar makeover. About 90% of the global saffron supply comes from Iran, but the allure of raising a spice crop that retails for $5,000 a pound could widen the territory. That includes the unlikely state of Vermont, where a new agrivoltaic experiment is under way. If all goes according to plan, it could pave the way for for a saffron boom in the US and help save small farms, to boot. Conventional solar arrays are designed with little attention to ground cover. An agrivoltaic array is different. The solar panels are arranged to enable various kinds of farming to take…

Mortgage rates look set to keep falling in 2024 as Halifax slashes prices

Business Halifax , the country’s largest mortgage lender, has slashed the interest rates on a number of its deals , fuelling hopes that home loan costs will continue to come down in 2024. Halifax cut rates on a number of its products by as much as 0.92%, while other lenders also owned by Lloyds Banking Group , such as Scottish Widows and BM Solutions, cut their own prices too. Imogen Sporle, head of property at Finanze, said: “As we suspected, the New Year will bring new opportunities and a new impetus for lenders to take a lead in stimulating business. “Regardless of the economic forecasts, lenders need to move money and the only…

Six things to watch in 2024 global economy, from tax cuts to AI

R ecession, stagflation, a cost of living crisis, damaged public finances and higher interest rates. The four years since a new deadly virus spread around the world from the Chinese city of Wuhan has been a catalogue of woe for the global economy. 2023 has been the first year since 2019 to be relatively shock-free, in the sense that there has been no repeat of the pandemic of 2020, the supply-chain bottlenecks of 2021 or the Russian invasion of Ukraine in 2022. The financial repercussions of conflict in Israel have, until this point, been limited to the region. But that may change. The global economy is still not in a good place as…

Hollywood and auto strikes have workers and unions eager for more gains in 2024

If 2023 was a historic year for workers with gains in pay and new contracts, how much longer can the momentum last in an economy that can’t decide if it is roaring or trudging along? From a 148-day Hollywood writers strike to a United Auto Workers walkout to the ongoing contract negotiations from air carriers under contract negotiations, unions found power in 2023 they haven’t had during decades of shrinking union membership and rollbacks in worker pay and benefits. “It’s been a tremendous, even historic, year for union workers with unprecedented victories,” said Benjamin Sachs, Kestnbaum professor of labor and industry at Harvard…