Key takeaways Indexed universal life insurance offers flexibility in premium payments and the ability to adjust the death benefit. IUL policies include a minimum guaranteed crediting rate, or interest rate, which ensures growth even if the market index performs poorly. However, there is a cap on gains, limiting the maximum…

Wedding bells are ringing! Do you hear them? Soon, you’ll be celebrating love, stuffing your face with wedding cake, and doing the chicken dance in front of family and friends. But first—you have to shop for a wedding gift. That part isn’t always easy. You’ve got to think about your budget…

Mortgage rates continued their upward climb this week, leaping above 7% and adding further pressure on the stagnant housing market. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage jumped to 7.04%, up from last week’s reading of 6.93%.…

Southwest Airlines is looking to trim costs by halting some hiring and most summer internships. “We are limiting discretionary costs, including holding on the Southwest Rallies for this year, as we focus on reducing costs,” a Southwest spokesperson told FOX Business. “We’re also pausing most summer internship positions (honoring offers…