Fred Alger Management, an investment management company, released its “Alger Weatherbie Specialized Growth Fund” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. Initial volatility in April stemmed from increased trade policy uncertainty following President Trump's tariffs on April 2, which affected import-dependent companies. Stability returned on April 9 after a 90-day pause on new duties. Market sentiment improved in May following the White House’s suspension of reciproca ...

Home equity can be a helpful way to pay for home repairs, renovations, or improvements. Not only do home equity loans and lines of credit typically come with lower interest rates than other forms of borrowing, but they also come in fairly large loan amounts (usually up to 80% of your equity). You could also earn a valuable tax deduction with these products. Still, every homeowner should understand the process and its pros and cons before taking equity out of their house to pay for home improvements. Lear ...