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When you enter the arena of real estate purchasing, be wary of mortgages with balloon payments. Balloon payments are surprisingly large payments the mortgage owner is required to make at the end of the loan term. They are ethically doubtful, and they usually indicate that the loan provider is...
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Volkswagen (VW) said Wednesday that it needs to cut costs amid slackening consumer demand for electric vehicles (EVs) and weaker car sales in China. VW’s profits fell 64% in the third quarter of 2024, driving the company’s share price to its lowest level since October 2010. Now, the ...
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