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According to a 2023 Nationwide Retirement Institute survey, 75% of adults aged 50 and up believe social security will run out in their lifetime.…
When you buy something, you usually expect to get what you have paid for in terms of both quantity and quality. However, sometimes you…
The Federal Reserve has predicted only one interest rate cut this year. The recent monthly data has some economists concerned that it might not…
The recent inflation data released by the government shows a slight decline in food inflation. However, many shoppers still feel the strain of high…
Homebuilder Lennar recently said in its earnings call that American homebuyers are facing increasing pressure due to persistent price hikes. This has pushed them…
Consumers were not impressed by the recent decrease in mortgage rates. According to the Mortgage Bankers Association’s seasonally adjusted index, total mortgage application volume…
The European Central Bank revealed a recent rise in interest rates by 0.25 percentage points, raising its primary rate to 3.75%. The euro zone…
The overnight Bank of Canada policy rate has remained unchanged at 5%. The decision by the Bank is accompanied by a steady 5.25% Bank…
While many on Wall Street feel relieved that the Federal Reserve might be finished with interest rate hikes, it’s important to note that this…
Leading economists and central bankers concur that higher for longer rates are creating uncertainty in global markets. Over the past year and a half,…
The SNB, or Swiss National Bank, held its annual general meeting on Friday. This was against a backdrop of protest over its action on…
Financial giants Morgan Stanley and Goldman Sachs came up with diverging views on the Fed rate cut forecast. Their statements highlighted the uncertainty surrounding…
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