Every country needs an Inflation Reduction Act

By MELBOURNE, Nov 23 (Reuters Breakingviews) – Lawmakers in South Korea blasted the U.S. Inflation Reduction Act as a betrayal. European Union leaders worried it would leave the bloc’s companies at a disadvantage. And big miners like Australia’s Fortescue (FMG.AX) said it left them little choice but to direct a lot of spending to the…

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When to choose a fixed-rate mortgage vs. an adjustable-rate mortgage (ARM)

By: When shopping for a home loan, you’re likely to encounter two interest rate structures — fixed-rate and adjustable-rate mortgages (ARMs). Understanding the similarities, differences, benefits and drawbacks between these two different types of mortgages can help you choose the best option for your needs and financial goals.   Here’s what to know about ARMs vs….

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