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Financial Services Roundup: Market Talk
The Wall Street Journal· 10 hours ago“The headwinds from mortgage renewals [at higher...called prime rate is what lenders use to determine the borrowing costs for loans and lines of credit.
How the Federal Reserve impacts personal loans
Bankrate via Yahoo Finance· 12 hours agoWhile interest rates on new loans are likely to keep rising, new borrowers can still qualify for competitive rates by improving their credit and shopping...
The Court Ruling to Halt The Fearless Fund Fails Black Women
Time via Yahoo Finance· 13 hours agoCredit - Tom Brenner—The Washington Post/Getty Images As a Black...to overturn affirmative action in...
S&P, Moody’s Eye If Chile Can Use Copper Windfall to Boost Economic Growth
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Credit rating firms are closely watching if copper powerhouse Chile can transform...
"I'm privileged": Meghan McCain says rising prices are costing Americans "little luxuries"
Salon via Yahoo Finance· 15 hours agoMoynihan highlighted growing concerns around the U.S. economy, specifically the increase in price...
Distract the voters
Reason.com· 18 hours agoInflation has been partly tamed (though at the cost of rate hikes by the Federal Reserve). The jobless rate is good, wage growth is decent, and yet still...
Higher for longer rates mean no escape from the debt squeeze
Detroit News· 6 days agoThe highest interest rates in years are taking a toll from the United States to Australia, creating...
Biden Absolutely Should Take Credit for the Economy | Washington Monthly
Washington Monthly· 7 days agoDavid Axelrod, Barack Obama’s top campaign strategist, recently critiqued President Joe Biden’s...
Former Treasury official unveils startling interest rate prediction
TheStreet.com· 7 hours agoThe 10-year Treasury yield has slid to 4.3% from 4.62% May 29. With the economy showing signs of weakness in recent weeks, investors are growing more convinced that the Federal ...
Blow to Macron as French credit rating downgraded
The Telegraph via Yahoo Finance· 5 days agoThe credit rating agency lowered France’s long-term issuer rating from AA to AA-, citing larger-than-expected deficits and rising... told the paper Le...