Published on February 07, 2025, 10:00 PM UTC
The market is trading near record highs, but concerning economic trends suggest a slowdown. Economic growth is slowing, the consumer is softening, housing is weak, and government spending is slowing. The Fed's pause in rate cuts, in a slowing economy, is de facto raising rates. Long-term rates and stocks are expected to fall.
Published on: February 25, 2025, 05:03 PM UTC
Interest rates decrease on most mortgage terms today. Zillow reports that the 30-year fixed rate is down by four basis points to 6.50%. Today could be a good day to interview real estate agents, shop for mortgage lenders, or go for house hunting.
Published on: February 22, 2025, 12:01 PM UTC
CVS Health has cut bonuses for some employees due to low profit levels in 2024, driven by higher costs in Medicare plans and increased healthcare expenses.
Published on: February 22, 2025, 12:00 AM UTC
Corporate Diversity Programs Face Rollbacks Amid Changing Landscape
Published on: February 21, 2025, 09:02 PM UTC
Elon Musk's cost-cutting commission aims to save $500 billion, leading to a potential "DOGE dividend" of $5,000 for American taxpayers. However, tax cuts and IRS funding reductions could add $4 trillion to the national debt, potentially outweighing any savings from DOGE and tariffs.
Published on: February 21, 2025, 08:01 PM UTC