Mortgage Rates Rise As Markets Reverse Course
Zillow via Yahoo Finance· 2 weeks agoMortgage rates increased last week, reaching heights we haven't seen in more than a decade. While markets reacted positively to the Federal Open Market Committee action last ...
Some top economists say a recession is growing more likely, but it probably would be mild
USA TODAY via Yahoo Finance· 41 minutes agoSuch trends probably will ease but won’t completely reverse, giving consumers the wherewithal to keep spending, Christopher says. COVID...chain snags should ease The effects ...
Senate confirms Powell for 2nd term as Fed fights inflation
The News-Times· 2 weeks agoSince February, when his first term expired, Powell had been leading the central bank in a temporary...
Bank Of Canada Says Rates Are Too Stimulative, May Need To Go Above Neutral
International Business Times· 2 weeks ago"Our policy rate, at 1%, is too stimulative, especially when inflation is running significantly...
News Highlights: Top Global Markets News of the Day
Morningstar· 3 days agoThe WIC program and regulations tamp down competition, resulting in Similac and Enfamil controlling the bulk of an inflexible, $4 billion U.S. formula market ...
Asia Stocks Struggle After Dire China Data
International Business Times· 1 week agoChina's April retail sales plunged 11.1% on the year, almost twice the drop forecast, while industrial output dropped 2.9% when analysts had looked for a...
The next recession will be mini compared to the last 2 — and feel completely different
Business Insider· 1 week ago"The type of recession we're looking at is not like a serious, massive downturn in consumer spending...
Official: China's economy reviving as anti-virus curbs ease
KAAL Austin· 1 week ago"We believe the operation of the economy is gradually improving," Fu said. The ruling Communist...
Sanctions Slow Burn Gives Putin More Time to Be Defiant, for Now
Bloomberg via Yahoo Finance· 4 days ago(Bloomberg) -- Nearly three months after Vladimir Putin sent his troops into Ukraine, Russia faces...
Inflation slowed in April for the first time in 8 months
Business Insider via Yahoo Finance· 2 weeks agoHigher rates lift borrowing costs for mortgages, car loans, and other kinds of debt. That tends to...
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