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Wellington Bets on US Consumer in ‘Year of the Bond’ - Bloomberg
Bloomberg· 3 hours agoHousehold debt is a good investment as the US economy remains strong, Jeremy Forster, portfolio manager at Wellington Management, says in the latest Credit
US Economy News Today: Home Starts and Permits Miss Expectations in April
Investopedia· 10 hours agoHomebuilding activity missed expectations as high mortgage rates continued to drag down the market....
Stocks surge as CPI matches expectations, VIX plunges, investors eyeing rate cut speculations
The Forex Market· 11 hours agoCPI comes in inline, Retail Sales also a bit ‘weaker’ and stocks pierce 5300 and this morning they...
Could high interest rates, high prices hurt Newsom’s budget outlook for California?
Sacramento Bee via AOL· 3 days agoA slowing economy could mean less revenue coming into the state treasury. Already,...
30-year rates fall following inflation report | Mortgage rates, May 16th, 2024
Bankrate.com· 18 hours agoMortgage rates moved in different directions this week, according to rate data compiled by Bankrate. Rates for 15-year and ARM loans rose, while 30-year and jumbo loan rates ...
Credit Card Net Charge-Offs Are Rising. Here's Why Banks Aren't Too Concerned. | The Motley Fool
The Motley Fool· 5 days agoThe Federal Reserve recently ended its most aggressive interest rate-hiking campaign in four decades. Many expected rising interest rates to thrust the U.S. economy ...
More of the same from April industrial production
The Forex Market· 8 hours agoIndustrial production stalled in April amid a pullback in manufacturing output as the sector remains constrained by tighter credit conditions and...
Dow hits 40,000 for the first time as Wall Street drifts higher
WJZY via Yahoo Finance· 7 hours agoThat could be an encouraging signal for the broader economy, as worries have risen about whether...
Walmart Is Strong on Dow's Historic Day
newser· 3 hours agoWalmart's strength could be an encouraging signal for the broader economy: Worries have been rising about whether US households can keep up with...
Credit card delinquencies are surging
Fox Business via Yahoo Finance· 2 days agoNew York Federal Reserve data published Tuesday shows credit card delinquencies jumped during the first quarter in a sign of worsening financial stress.
