The average interest rate for a 30-year fixed-rate mortgage, which dropped to less than 3% in January 2021, has currently risen above 7%. This…
Goldman Sachs Group Inc. has lowered the probability of a US recession to 15%, down from its prior estimate of 20%. A robust labor…
Ripple’s legal team asserts that the SEC lacks the prerequisites to seek an appeal in their ongoing lawsuit. Lawyers contended that the SEC appealed…
Powell has the bond traders exactly where he wants it. The market is lacking conviction as to the Fed’s next step. Split futures positioning…
During the yearly Federal Reserve event in Jackson Hole, Wyoming, speeches by Fed Chair Jerome Powell and European Central Bank President Christine Lagarde highlighted…
Existing home sales decline once again. The decrease in home sales in July could be attributed to the drop in housing supply. This can…
The first quarter of 2023 saw a slow start for the markets, but they made a comeback in March. The US markets gained by…
The recent data and possibly May’s jobs report show signs of weakness in the strong labor market, which can be welcomed for their potential…
Get ready for Tax Filing Season 2024 and consider initiating the process promptly. The IRS has declared that the official kickoff of tax Filing…
The Federal Open Market Committee (FOMC) meeting took place on January 30-31 and the minutes of the meeting were released. Policymakers have expressed their…
Atlanta Federal Reserve President Raphael Bostic cautioned that if policymakers reduce interest rates prematurely, inflation might experience a “see-saw” effect. He mentions in a…
The American dream often includes owning a home but understanding how much does it cost to buy a house in USA is crucial for…
DON’T FALL BEHIND
Stay current with our daily newsletter to get the latest industry news.