Minority business grants are a type of funding for minority-owned businesses, usually small businesses. Unlike loans, grants do not have to be paid back, although they are generally considered by the Internal Revenue Service (IRS) to be taxable business income. In the United States, minority business grants are available from both public and private sources….

Eneti Inc., TPI Composites Inc., and Boralex Inc. are leading wind energy industry peers in revenue growth amid a boom in renewable energy investment. Yet the First Trust Global Wind Energy ETF (FAN), a benchmark for wind energy stocks, fell about 1% in the past 12 months, about the same as the broader Russell 1000 Index. We…

Those who have traveled to New York City know that the streets are teeming with yellow cabs. These ubiquitous vehicles are constantly patrolling looking for those who need a ride. To the casual observer, it seems that these vehicles can be owned by anyone, driven by anyone, and must rake in a lot of money (not for…

Some of the best ways to pay off a car loan include making extra payments, applying windfalls of cash to your loan, and auto loan refinancing. Buying a new car is expensive, which is why many buyers take out a car loan to help them afford the cost over time. But car loans carry interest,…

Bitcoin IRAs allow for investing in various cryptocurrencies using retirement savings. Bitcoin IRAs act as self-directed IRAs provided by a few financial institutions in the U.S. that allow alternative investments for retirement savings. Essentially, an you can retain other retirement accounts with traditional investments and separately engage in the self-directed option for cryptocurrency investments. Learn how Bitcoin IRAs work…

You can get out of a Credit Acceptance loan in several ways, including by paying off the car or refinancing. Companies like Credit Acceptance Corp. can seem like a good solution for people who need a car but have trouble getting financing, such as because they have poor credit history. The company offers financing programs…

S&P 500 Top Movers on Tuesday August 06, 2024 05:48 PM EDT Advancers Shares of Kenvue (KVUE), parent company of Band-Aid, Tylenol, and other consumer health care products, posted the strongest performance in the S&P 500, soaring 14.2%. The former unit of Johnson & Johnson (JNJ) beat second-quarter sales estimates and affirmed its above-consensus guidance for the…

You can evaluate a fintech’s home equity offerings by comparing interest rates, terms, and any additional perks. If you’re in the market for a home equity product such as a home equity loan or home equity line of credit (HELOC), you may turn to your bank or credit union. However, a growing number of fintech…

Key Takeaways Two banks and one nationwide credit union are paying today’s top CD rate of 5.50%, on terms of 6 to 9 months. To lock your rate for a full year, consider NexBank’s 5.35% offer. After that, five additional CDs pay 5.30% on terms of 10 to 13 months. With the Fed expected to…