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Daily Archives: July 27, 2022

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Business Inspiration: Selling Direct-to-Consumer Custom Fashion

FinanceBy VergesourceJuly 27, 2022Leave a comment

When you see one of Ramon Smothers’ custom-made suits, there’s no mistaking it for an off-the-rack design. As the owner of Legacy Lapels, he’s made a business out of making people look good. Based in Houston, the company lets customers design suits for a fraction of the cost of traditional bespoke tailoring, and the inspiration……

3 Times Debt Can Be a Helpful Tool

FinanceBy VergesourceJuly 27, 2022Leave a comment

In some corners of the personal finance advice world, getting into debt is just about the worst thing you can do. And yes, some forms of debt — particularly those that charge high interest rates — can keep you locked in a cycle of owing money for years. Still, there are times where taking on……

Fed Raises Target Rate Again, but Mortgage Rates Are Unfazed

FinanceBy VergesourceJuly 27, 2022Leave a comment

The Federal Reserve doubled down on its inflation-fighting strategy on Wednesday afternoon, raising a key interest rate by 75 basis points, or 0.75 percentage point, for the second month in a row. The good, or at least not worse, news for home buyers: The Fed’s latest move doesn’t seem likely to push up mortgage interest……

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