Author: Arabian Media staff
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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The trade deal struck between the EU and US President Donald Trump in late July was meant to be part of a bargain for business in Europe — swallow a 15 per cent tariff rate on European exports to the US in exchange for more economic certainty.After being criticised for bowing to the equivalent of a schoolyard bully in the trade world, European Commission president Ursula von der Leyen defended the deal because it provided “certainty in uncertain times” and “predictability” for…
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While traditional mortgages are a common path to homeownership, you do have alternatives. Rent-to-own agreements are an option for people who may not be able to secure a mortgage initially or make an upfront down payment. Instead, they enter into an agreement with a property owner to purchase the home at the end of a lease term. Key Takeaways Rent-to-own agreements offer an alternative path to homeownership for those unable to secure traditional mortgages. They allow renters to work toward homeownership while living in the property. These agreements typically consist of a lease agreement and an option to purchase the…
Roth IRA Conversion Rules to Know In a Roth IRA conversion, you can roll funds from a pretax retirement account, like a traditional IRA, into a Roth, thus avoiding income taxes on the distributions in retirement. But the conversion rules may mean you now owe income tax on the money you convert. And depending on how much money you convert to a Roth IRA, you may find yourself in a higher marginal tax bracket because of the additional taxable income. Before converting your retirement account, check to see if your income exceeds the limits set by the IRS, and consider…