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Billionaire Ray Dalio Says Fed Shouldn’t Cut Rates Yet, Warns Against Aggressive Easing of Monetary Policy for Bond Market
Ray Dalio, the billionaire investor and founder of hedge fund Bridgewater Associates, recently shared his thoughts on the US monetary…
Read More » - Money
Mortgage rates climb back above 7% after Moody’s U.S. debt downgrade
The recent downgrade of the U.S. credit rating by Moody’s has had a significant impact on the mortgage market, causing…
Read More » - Finance
Lower rates are encouraging for home buyers
Mortgage rates have dropped today, with the average 30-year fixed interest rate decreasing by eight basis points to 6.77%, and…
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Are You a Good Driver? Sharing Data on Your Driving Could Lower Your Car Insurance Rates
Telematics programs have become increasingly popular among insurance companies as a way to track drivers’ habits and potentially offer discounts…
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Trump says U.S. will set tariff rates for most nations within weeks
President Trump revealed on Friday that his administration will be sending letters to inform other nations about the tariff rates…
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Fed’s Powell cautions about higher long-term rates as ‘supply shocks’ provide policy challenges
Federal Reserve Chair Jerome Powell recently addressed the changes in the economy and the central bank’s policy framework review during…
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Fintechs that made profits from high interest rates now face key test
Financial technology firms faced initial challenges with interest rate hikes in 2022, leading to a decline in valuations. However, as…
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Economic data could shift mortgage rates
Mortgage interest rates have seen a slight increase today, based on data from Zillow. The 30-year fixed mortgage rate has…
Read More » - US News
Crime rings attack US supply chain at record rates using this sneaky tactic: report
Cargo theft has been on the rise in the United States, with organized crime rings using a new sneaky strategy…
Read More » - Money
Trump calls Fed Chair Jerome Powell a “fool” for keeping interest rates steady
President Trump took aim at Federal Reserve Chair Jerome Powell once again, criticizing him for not cutting interest rates at…
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