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Iran war already taking a toll on the global economy, IMF says in new forecast The Washington PostMiddle East War Will Slow Global Economic Growth, I.M.F. Warns The New York TimesIMF warns global economy at risk of recession if Iran war persists BBCJoint Statement on 13 April by the Heads of the International Energy Agency, International Monetary Fund, and World Bank Group IEA - International Energy AgencyIMF Warns of Deep Global Downturn if
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Stock Market Today: Oil Slips Below $100 Amid Hopes of More Talks — Live Markets WSJStock market today: Dow, S&P 500, Nasdaq futures mixed amid Iran deal hopes, earnings rush Yahoo FinanceOil Prices Slip and Stocks Gain as Investors Eye Possible Path to Peace The New York TimesWall Street ends up 1%, erases all losses since the start of the Iran war Investing.com
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Oil Prices Slip and Stocks Gain as Investors Eye Possible Path to Peace The New York TimesStock futures tick higher after S&P 500 erases Iran war losses: Live updates CNBCOil prices fall as supply concerns ease on hopes for US-Iran talks ReutersStock Market News, April 13, 2026: Nasdaq, S&P 500 and Dow Push Higher; Oil Pares Its Rise WSJ
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Albertsons's stock was falling Tuesday after a sales miss and an announcement that the grocery-store chain has reached a $774 million settlement to resolve opioid-related claims.
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NFL Draft rumors 2026: NY Giants reportedly among teams looking to trade down Big Blue ViewNY Giants 2026 NFL Draft meetings tracker: Who is visiting Big Blue? Bergen RecordAlbert Breer's Notes: Predicting the Perfect NFL Draft Fit for the Giants Sports Illustrated
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Most people view debt as something to be avoided at all costs. But that's because most people don't use debt properly. A prime example of improper debt use is the credit card. People charge too much, fail to pay the card in full at the end of the month, then find themselves unable to pay down the debt without also paying exceedingly high interest, often for years.
However, some kinds of debt, such as a securities-backed line of credit, or SBLOC, can be helpful. They can even save or earn you money. SBLOCs are rolling lines of credit based on the value of assets in your accounts. They're excellent ways to use debt to your advantage.
How Securities-Backed Lending Works
Borrowing money by collateralizing securities held in after-tax investment accounts is called securities-backed lending. The interest rate will often be lower than other types of loans, and you'll generally get access to funds in just a few days.
SEE MORE 3 Dated Rules of Thumb Retirees Should Think Twice About
However, as with almost anything, there are caveats to taking out an SBLOC. While you can keep buying and selling securities in the collateralized account, you can't use the loaned money for other securities-based dealings, such as trading or buying. And setting up an SBLOC will make it more challenging to move those collateralized assets to a different firm.
As an example of how SBLOCs can benefit you, suppose you need $75,000 for a one-time purchase of a car or a once-in-a-lifetime vacation. A typical way to acquire it would be to sell assets in a retirement account. That presents a number of drawbacks:
First, your income for that year would increase by $75,000 and could put you in a
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