Tag: programming

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Mortgage Rates Fall Below 7% as Bond Traders Ease Worries

Mortgage rates finally dip below 7% for the first time in six weeks. Will they stay low? Financial expert Claire Boston breaks down what you need to know about the housing market.

Trump Scraps Biden-Era Plan to Offer Generic Drugs for $2

Trump reverses Biden-era effort to offer $2 generic drugs to Medicare patients

Emerging Markets Face 'Sudden Stop' As Trump Policies Drain Money

Emerging markets at risk of 'sudden stop' as Trump boosts US economy

Dr. Doom Sounds Alarm on Humanoid Robots at World Economic Forum

Dr. Doom warns of potential job loss and inflation as humanoid robots and tariffs loom large at the World Economic Forum in Davos.

CNN Lays Off 6% of Workforce Amid Digital Transformation Pivot

CNN lays off 200 staffers (6% of workforce) to transform into a digital-first newsroom. Parent company WBD invests $70 million for a direct-to-consumer streaming product, refreshed website, and more digital video content.

Bargain-Hunting Investors Eye Venezuela, Lebanon Junk Bonds

Dollar-denominated bonds from Venezuela and Lebanon are gaining investor attention despite economic crises and defaults. Their low prices make them attractive for high-yield investors seeking potential lottery-ticket payoffs. Political shifts and expectations of debt restructuring drive the rally, with Lebanon bonds doubling in price recently and Venezuela bonds seen as the cheapest in emerging markets.

Trump demands interest rate cuts, says other countries should follow suit

President Trump demands lower interest rates, citing falling oil prices.

Retailers Brace for Trump Tariffs

Tariffs, including a potential 25% levy on China, could hurt retailers like Ralph Lauren, which sources some products from the country. Still, the company says it can manage the impact and has diversified its sourcing options. Apparel company stocks have generally risen despite tariff concerns.

Trump Demands Immediate Interest Rate Cut

US President Donald Trump demands immediate interest rate cuts, calls for global rate cuts amid oil price drop.

Ralph Lauren CEO: Trump Tariffs Could Hurt, But We'll Manage

Apparel companies could face significant impacts from Trump's proposed tariffs, with Ralph Lauren expressing concerns about a 25% tariff on China.