AvatarRosalind Astourian4 days agoThe White House will take surprising approach to curb mortgage ratesTheStreet - Caitlin CahalanThis key factor has the potential to strongly influence mortgage rates and housing market demand. When mortgage rates began to surge in 2022, it …
AvatarRosalind Astourian5 days agoWhy economists got free trade with China so wrongverified_publisherNPR - Greg RosalskyBy now, many economists are hoarse screaming that higher tariffs and a trade war will raise prices and hurt the U.S. economy. But many Americans aren't listening. A recent poll by Quinnipiac University, conducted in late January, found that 42% of Americans believe tariffs will help the U.S. …
AvatarRosalind Astourian6 days agoLooming Tariffs Turned Into a Mad Dash North for One US ManufacturerU.S. News & World Report - By ReutersBy Timothy Aeppel (Reuters) - Stephen Bullock’s phone rang early Monday morning last week at his small factory in North Carolina with an urgent …
AvatarRosalind AstourianThe Baby Boomer Retirement Crisis Is Here. Why the Richest Generation Is Hurting.verified_publisherMarketWatch - Reshma KapadiaElizabeth Boatwright planned to be retired by now. After all, she and her husband Frank saved diligently for decades, and seemed on track to hit …
AvatarRosalind AstourianSqueezed by high prices, a growing number of Americans find shelter in long-term motelsNBC News - By Shannon PettypieceKINGSTON, N.Y. — Melissa Krajewski used to come home from her job as a home health aide to the sounds of children pattering around the family’s three-bedroom apartment. On weekends, she’d bake with her two girls and watch her son and husband toss around the football. It was a routine, middle-class …
AvatarRosalind AstourianMorgan Stanley CEO says the era of zero interest rates and inflation 'is over'NBC News - By Natasha Turak, CNBCThe Fed cut its benchmark rate by 50 basis points in September — the first reduction since March 2020. RIYADH, Saudi Arabia — The days of easy money and zero interest rates are firmly in the past, Morgan Stanley CEO Ted Pick said Tuesday, speaking at a panel of finance CEOs in Riyadh. “The end of …
