Bank of America Sees South African Inflation Target by End of 2027
'We think moving to 3% is almost certain,' Tatonga Rusike and Mikhail Liluashvili, respectively an economist and strategist at the bank, said in a note. 'The phase-in period could be two years — announced by end-2025, and the target reached by end-2027.'
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Bloomberg
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- Bloomberg
Fed September Meeting a 50-50 Outcome: State Street's Dixon
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Forbes
a minute ago
- Forbes
We Found The 18 Best Places To Shop Affordable Engagement Rings
Finding the perfect engagement ring is no easy feat—especially when you're on a tight budget. According to The Knot 's 2024 Jewelry & Engagement study, the average cost of an engagement ring is $5,200 in the United States. But that doesn't mean you can't find a beautiful ring for less. Retailers like Blue Nile, Brilliant Earth and James Allen are brimming with affordable engagement rings. And with summer in full swing, many are hosting seasonal sales that'll save you even more. Right now you can find hundreds of affordable engagement rings from various retailers like Blue Nile ... More and Quince. ILLUSTRATION: FORBES / PHOTOS: RETAILERS For the purpose of this list, we're defining 'affordable' as any ring below that aforementioned $5,200 average. Ahead, we've listed 18 of the best places to shop for affordable engagement rings right now, as well as some specific designs our editors recommend checking out. Blue Nile: Our fashion editor named Blue Nile the best place to buy engagement rings overall. You can filter its settings and diamonds by price to find an affordable option or save up to 40% on select styles now. Brilliant Earth: At Brilliant Earth, settings start at $590 and diamonds start at $1,200. You can sort by price to find options within your budget. (You can also use code DIAMOND to get a pair of natural diamond stud earrings with purchases over $1,000 right now.) to get a pair of natural diamond stud earrings with purchases over $1,000 right now.) James Allen: Take up to 20% off select lab-grown diamonds for your engagement ring. The offer is only available for loose stones and does not include the setting. Zales: Save up to 70% on a selection of sparkling clearance engagement rings and take an extra 20% 0ff select styles during its Summer Steals event. Helzberg Diamonds: Helzberg Diamonds is currently offering 15% off engagement rings that are $1,999 or more with code YES15 . . Etsy: Browse unique rings from a variety of marketplace sellers at up to 75% off. Fred Meyer Jewelers: Get up to 50% off an assortment of ring styles and up to 70% off clearance items. Use code FRIENDS for an additional 20% off select pieces. for an additional 20% off select pieces. Kay Jewelers: Save up to 60% on select engagement rings right now and for certain clearance styles, you can take an extra 20% off. Ritani: Sign up for Ritani's email list to save an additional $100 on your next order and get access to exclusive sales. For a limited time, you can get 40% off select loose lab grown diamonds with code FLASH40 or 20% off lab grown diamonds for your customized engagement ring with code LAB20 . or 20% off lab grown diamonds for your customized engagement ring with code . Vrai: Shop made-to-order and ready-to-ship engagement rings for as low as $1,900. Grown Brilliance: Join Grown Brilliance's email list to unlock $100 off your first purchase of $1,000 or more or $200 off your first purchase of $2,000 or more. Quince: Find high-quality, low-cost options at Quince, including lab-grown and natural diamond rings starting at $900. With Clarity: Customize an engagement ring or opt for ready-to-ship options for as low as $1,200. You can also get up to 25% off select styles right now. Jared Jewelers: Save up to 70% on engagement rings, including a variety of metals, cuts, carat weights and more. Macy's: Browse over 400 engagement ring styles from a wide range of brands—including options priced under $5,000. Angara: Shop natural and lab-grown diamond engagement rings or choose between additional gemstones. Regardless of your preference, you can take 10% off sitewide on orders of $500 or more. Rare Carat: Save up to 30% on diamonds during Rare Carat's Labor Day Sale. You can also earn $100 off when you join the email list and spend 0ver $1,500 on lab-grown diamonds or over $5,000 on natural diamonds. Nordstrom: Nordstrom offers a collection of rings for various occasions including bridal purposes. You can shop affordable engagement rings from various brands including Julianna B. and Bliss Diamond. Blue Nile is our fashion team's pick for the best place to buy engagement rings overall. It offers a vast selection of styles—including customizable designs—and helpful assistance from virtual advisors. The brand's overall accessibility and customer service make it an easy favorite. This understated ring makes your diamond the center of attention (as it should be). Choose from six metal types, and complete the piece with your diamond of choice from Blue Nile's selection of gorgeous lab grown designs. Just keep in mind: The price of the diamond will vary based on factors like style and size. Brilliant Earth specializes in customizable engagement rings, with setting options starting at $590 and diamonds starting at $1,200. If you'd prefer a ready-to-ship design, there are options priced from $1,890. The retailer carries both lab-grown and natural diamonds, but its most affordable styles feature lab-grown stones. Right now, code DIAMOND will also get you a free pair of natural diamond stud earrings with purchases over $1,000. At $2,390, this is one of Brilliant Earth's most affordable ready-to-ship designs. Choose between a white gold or yellow gold setting. You can also opt for a larger center stone if you're willing to pay a bit more—the pictured option has a total carat weight of one carat. If you're seeking a more traditional ring, check out James Allen. While the designer offers an impressive selection of styles—including modern minimalist pieces—it specializes in timeless, vintage-inspired designs that suit just about any budget. With its current sale, you can save up to 20% on select lab-grown diamonds for your engagement ring. This elegant pear-shaped ring from James Allen has a 1.59-carat lab-grown stone on a 14k white gold band. You also get limited lifetime warranty included for free with this ring. Zales For sheer variety, our fashion editors recommend Zales. The brand is a household name and carries thousands of styles, many of which are fully customizable. It's currently offering up to 70% off select clearance styles. If you're looking for a ring that really sparkles, this emerald diamond has a 2-carat total weight, primarily made up of its 1.5-carat center stone. The additional components that surround the center stone are trapezoid-shaped and tapered baguette-cut lab-grown diamonds. Helzberg Diamonds Helzberg Diamonds has been making rings since 1915, so you know its styles are reliable. Plus, it adheres to the Kimberley Process, American Gem Society and World Diamond Council standards—all ethical standards for sourcing diamonds and metals. The store is currently offering 15% off engagement rings that are $1,999 or more with code YES15. This stunning design features a sparkling oval-shaped diamond, flanked by decorative diamonds on either side, on a 14k white gold band. The entire ring has a 1 ctw count and is available in yellow and rose gold bands as well. Etsy For those unfamiliar, Etsy is an online marketplace that hosts individual sellers. If you want a wide array of unique designs—including some vintage options—it's an excellent place to start your search. Just keep in mind: You'll have to do a little more legwork than at a curated jeweler, and it may be more difficult to verify the source of your diamond. A gorgeous, 5-carat IGI-certified lab-grown diamond is the star of this ring. However, on the hidden halo setting, you'll find additional diamonds for extra glamour. The ring is made to order, with options of 14k white, yellow or rose gold for the band. GrownRadiance has earned a Star Seller rating from Etsy, denoting that the designer has received consistent five-star reviews, ships quickly and provides quality customer service. Fred Meyer Jewelry This Portland-based jeweler has hundreds of affordable engagement ring designs to choose from, all of which adhere to responsibly mined and produced jewelry practices. Your ring is also covered by a Lifetime Jewelry Care Program that includes cleaning and routine maintenance, as well as repairs and replacements. While shopping through dozens of discounted engagement rings, you can also get an additional 20% off clearance jewelry with code FRIENDS. Fred Meyer Jewelry If you already know you want a white gold band, this timeless ring has a great discount right now. The design features the aforementioned 14k white gold band and a 1.5 carat princess cut lab-grown diamond. The stone is GSI-certified, ensuring the diamond is of high quality and value. Kay Jewelers The classic jewelry brand is known for more than its catchy jingle. Kay Jewelers offers a wide selection of rings to suit a variety of budgets and preferences. Plus, all of its diamonds, precious metals and gems are responsibly sourced and come backed by a lifetime guarantee. This 1.5-carat marquise lab-grown diamond sits on 14K white gold setting. Although the sparkly center stone steals most of the attention, there are smaller details that are equally as captivating. This includes the round and marquise-cut diamonds that surround the diamond across the band. Take note: the band is only available in 14k white gold at the moment, but it's ready to ship immediately. Ritani Whether you're looking for a simple design or want a more elaborate look to your engagement ring, Ritani has you covered. Right now, you can customize your diamond or lab-grown diamond ring for as low as $1,600. The retailer has countless affordable rings, but you can increase your savings by joining Ritani's email list to secure $100 off your order. For a limited time, take up to 40% off select loose lab-grown diamonds with code FLASH40. Or, get up to 20% off lab-grown diamonds for your customizable engagement ring with code LAB20. The 'Toi et moi' or 'you and me' engagement ring style is the perfect way to symbolize your upcoming marriage due to its unique two-stone design. Personalize the ring by selecting the second stones shape, metal and carat size. The current offer above includes a .50-carat pear diamond. Depending on your preferences, the price of the ring may increase. Vrai Our editors named Vrai the best place to purchase lab-grown diamond engagement rings thanks to its sustainable practices, high-quality stones and sophisticated designs. The retailer offers made-to-order and ready-to-ship engagement rings as low as $1,900. This simple ring has a 1.65-carat lab-grown center diamond secured by a 14k yellow gold band. A hidden halo holds even more handset pavé diamonds, so it shines from all angles. To maintain the look and feel of the ring, it also comes with Vrai's care package, which includes warranty, annual shine service and complimentary resizing. Grown Brilliance Our editors love Grown Brilliance because of its Truly Custom program—you send in inspiration images, and a jeweler will create a one-of-a-kind piece for you. But it also offers plenty of high-quality, pre-designed engagement rings that are on the affordable end of the spectrum. Emerald cuts rose in popularity during the Art Deco era, and they appear to be making a comeback. This stunning, vintage-inspired design combines intricate details and shapes to create a cohesive work of art. The ring features a lab-grown emerald diamond at its center, accompanied by additional stones that build upon it, as well as the band itself. Although you can't customize its shape, you can choose from white gold, yellow gold, rose gold and platinum bands. Quince Our team named Quince the best retailer for affordable engagement rings. 'Its pieces are stunning and well made,' says deputy editor Kari Molvar, who is a certified gem expert. The site offers both high-quality lab-grown and natural diamond rings—without the luxury price point. At Quince, find timeless and classic stones (including the setting) for as low as $900. This carefully sourced and crafted engagement ring is a true showstopper. At its center sits a round lab-grown diamond, surrounded by a halo of smaller stones that amplify its shine from every angle. The ring is available in 15 sizes, three carat weights and three metal options. With Clarity Another editor- and expert-approved engagement ring site is With Clarity, a retailer that allows you to build your ring or choose from its ready-made natural or lab-grown styles. Right now, you can shop rings for as low as $1,200 and also get up to 25% off select styles. For those who want a slim band with subtle accents, this With Clarity engagement ring is an excellent choice. The ring shown above features 14K yellow gold and a 2-carat lab-grown diamond with tiny, round stones set alongside it. However, if you prefer a different carat weight, diamond shape or metal, you can customize it to your liking. You can also add a meaningful touch to the band by personalizing it with 15 characters. Jared Jewelers This tried-and-true jewelry brand is renowned for offering a diverse selection of pieces suitable for all occasions, including engagements. Get up to 70% off select clearance styles and 20% off storewide. You can shop for premade options, customizable rings or designer rings from Vera Wang VOW, Chosen, J'Lure and more. Although Jared Jewelers has countless options, this classic, ready-to-ship design is available for under $1,100. Reviewers say that this simple ring is a perfect option because it's stunning without being overly expensive. Macy's The popular retailer sells a variety of jewelry pieces, including hundreds of engagement rings from brands like Badgley Mischka and Suzy Levian New York, with plenty of options priced below $5,000. You can also maximize your savings by taking advantage of the best Macy's promo codes right now. This modern engagement ring features round Moissanite stones and a knife-edge design—a raised ridge that runs along the band. After purchase, it can be registered under Macy's WorryNoMore Jewelry and Watch Protection program, which covers future services such as resizing, resetting and more. The ring is also covered by Charles & Colvard's lifetime warranty, a benefit that protects optical properties and physical integrity. Angara Angara is an online jewelry brand that offers a wide selection of cuts, gemstones and metals to help you discover your ideal engagement ring. Browse hundreds of options to find your personal style, including vintage-inspired designs and three-stone settings. For a limited time, you can also score up 10% off sitewide. This modern take on a classic style showcases a pear-shaped diamond placed in a bezel setting. The ring pictured above is a 2-carat lab-grown diamond with a 14K gold band and F-G quality. If you wish to make alterations, the ring is available in five gemstone qualities, four colors, 23 sizes and comes with free personalized engraving. Rare Carat Rare Carat offers a wide variety of rings (over 1,000 settings and diamonds), making it possible to find the perfect option for your soon-to-be bride. Plus, Rare Carat offers free expert analysis service, so you can consult with one of its gemologists to determine your stone's price and quality. Right now, the brand is hosting an early Labor Day sale, with up to 30% off select diamonds. You can also take advantage of its email subscription offer and earn a $100 credit when you join. This engagement ring features a round lab diamond set in a 14K yellow gold setting with pavé diamonds along the band, ensuring it dazzles and sparkles from every angle. For the setting, you can choose from four metals and three carat weights. This band, as shown, has a 0.25 total carat weight. Nordstrom At the department store, you can find affordable engagement rings from various brands, with prices starting at just $330. While you're browsing, check out these Nordstrom coupons to see about saving even more. Bliss Diamond & Jewelry Co. is a family-owned business that offers high-quality, lab-grown diamonds and jewelry, including this 3-carat engagement ring. This dazzling cushion-cut diamond ring, which is available in 10 sizes, can be set in 14K white gold or 14K yellow gold. What Is A Reasonable Engagement Ring Price? A reasonable engagement ring price largely depends on your budget. You should factor in the cost of the ring itself, taxes, insurance and any personalization details. However, a quality diamond paired with its setting typically starts at around $2,000 and increases from there. Still, there are plenty of beautiful rings available that are less expensive than the average ring price. What Is The Most Affordable Engagement Ring Site? There are a handful of engagement ring websites that offer options to meet most budgeting needs and style preferences. After assessing multiple factors, our team named Quince as the site with the best affordable engagement rings. Quince offers high-quality rings at a low cost, including both lab-grown and natural diamonds, and has a generous return window. How Can You Shop For Affordable Engagement Rings On A Budget? When shopping for an affordable engagement ring, it's essential to set a budget for yourself before you start looking. To maximize your spending, consider purchasing a lab-grown diamond, as these tend to be more cost-effective than mined diamonds. Characteristics and qualities to consider when looking at natural diamonds include the Four C's (cut, color, clarity and carat weight), certifications, metals and diamond setting. What Is The Cheapest Month To Buy An Engagement Ring? You can find discounts on engagement rings throughout the year, but certain months typically offer better deals than others. For example, jewelry sales tend to slow down at the end of summer, making it a good time to score savings during this quieter shopping period. The holiday season—particularly November and December—often brings a wave of promotions to attract gift-givers. Following the holidays, January is also considered a slow month for jewelry retailers, so you may see additional sales aimed at boosting post-holiday purchases.
Bloomberg
a minute ago
- Bloomberg
Pontera Offers Retirement Oversight & Advice: Co-Founder
Uri Levine, co-founder of Waze and Pontera, says one of the biggest challenges in the U.S. market is that people aren't saving enough for retirement, emphasizing that many are not making the right financial decisions or getting proper advice. He speaks to Romaine Bostick and Scarlet Fu on "The Close." (Source: Bloomberg)
