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US Economy News Today: Mortgage Rates Drop Again This Week
Investopedia· 1 day agoAtlanta Federal Reserve Bank President Raphael Bostic pushed the same message on Thursday that he and his colleagues have hammered home in recent days—it will take time for interest rates to ...
The US has always had ‘big government’ – even in the Colonial era
Federal Times· 13 hours agoRepublicans who see big government as a threat to liberty view this failure as a “success.” The idea...
Builder Vanke Securitizes Some Private Debt to Delay Payments
Bloomberg via Yahoo Finance· 23 hours ago(Bloomberg) -- China Vanke Co. repackaged some of its privately issued debt into asset-backed...
The Origins of Europe’s Economic Malaise
The Nation· 2 days agoIn September 2017, speaking in the opulent main lecture hall of Paris’s Sorbonne University, French President Emmanuel Macron rolled out his idea of...
Losses Pile Up in Top-Rated Bonds Backed by Commercial Real Estate Debt
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- For the first time since the financial crisis, investors in top-rated bonds backed by...
China Has a Plan for Its Housing Crisis. Here’s Why It’s Not Enough.
New York Times· 1 day agoA new approach by China’s top leaders is bold but pales against the problem: a vast number of empty...
The Yield Curve Is Inverted—but There’s Still No Recession. What Gives?
Barrons.com· 11 hours agoThe Treasury yield curve inverted in 2022, yet the economy continues to grow. Quantitative easing...
Consumer confidence continues ‘upward momentum’ – survey
PA Media: Money via Yahoo Finance· 1 day ago“The only negative in May is the slight dip in our major purchase measure, reinforcing the fact that...
Patty Arvielo is living her family's American dream as a top mortgage CEO
Newsweek· 4 days agoPatty Arvielo has become her family's American dream. As a first-generation Hispanic, she grew up...
China leaves benchmark LPRs unchanged, in line with expectations
Reuters· 5 days agoChina left benchmark lending rates unchanged at a monthly fixing on Monday, in line with market expectations. The steady monthly LPR fixings come after China announced "historic" steps last ...