Mortgage rates leap above 7%
ResiClub co-founder and editor-in-chief Lance Lambert talks about the U.S. housing affordability crisis in “Making Money.” Mortgage rates this week exceeded 7% for the first time in 2024 and continue their upward trajectory, putting further pressure on the housing market. Freddie Mac’s latest Primary Mortgage Market Study, released Thursday, found that the benchmark average interest […]
IMF sounds alarm on ballooning US national debt: ‘Something will have to give’
Philip Swagel, director of the Congressional Budget Office, is analyzing where lawmakers stand to rein in the rise in debt. The astronomical rise in US government debt poses “significant risks” to the global economy and could continue to fuel high inflation, a new warning from the newspaper has revealed. international monetary fund. The Washington-based agency […]
UFC star Renato Moicano looks to Bitcoin as defense against ‘tyrant state,’ inflation
On “Making Money,” mixed martial artist Renato Moicano explains his attraction to the Austrian economy and shares his love for America. UFC star Renato Moicano says he wants to receive his bonus payments in Bitcoin as interest rates are expected to rise. “Even though Bitcoin has fallen a little, [a] It is a defense against […]
Expert offers financial planning tips for new college grads
FOX Business’ Ashley Webster talks to Diner in The Villages, Florida about retirement, as a Northwestern Mutual study says it costs $1.46 million to retire gracefully. The arrival of spring means that a new group of college graduates will soon be entering the workforce in earnest and facing challenges. economical choice It will affect their […]
Commercial real estate foreclosures jumped 117% in March as trouble looms
Stifel’s KBW CEO Thomas Michaud assesses the stability of regional banks, commercial real estate and the Basel III proposal. of commercial real estate Markets are beginning to distort under the weight of rising interest rates and remote work. There were 625 commercial real estate foreclosures in March, an increase of 6% from February and 117% […]
Boeing whistleblower says 787 could ‘fall apart’ mid-air under fatigue failure
FreightWaves Founder and CEO Craig Fuller discusses whether the U.S. is facing a transportation crisis and addresses Boeing’s “money-making” issues. Boeing whistleblower Sam Salepour has doubled down on his claims that the Boeing 787 Dreamliner needs to be grounded due to widespread safety concerns. Mr. Salepour, a Boeing engineer, previously made the claims in documents […]
Interest rate cut odds dwindle as inflation progress stalls
Market Rebellion co-founder Pete Najarian talks about the Fed’s slow rate cut, inflation, and the US market. A series of better-than-expected inflation figures since the start of the year have made it less likely that the central government will cut interest rates immediately. federal reserve. of consumer price indexprices, a broad measure of the price […]
Government hiring spree propping up the US job market
Joanie Billie of EmployBridge will explain how the US economy is doing in the March employment statistics on “How to make money.” U.S. job growth has repeatedly exceeded expectations since the start of the year, but there have been consistent factors behind the surprisingly strong numbers. It’s the government. According to the latest data released […]
Tesla to lay off more than 10% of workforce
Former Tesla director Steve Westley joins Barney & Company. We analyze automakers’ first quarter delivery reports and their potential impact on the stock market. Tesla confirms it will lay off more than 10% of its global workforce following weak first-quarter deliveries and increased competition in the electric vehicle (EV) market, according to a filing with […]
Fed’s Powell says inflation data this year shows a ‘lack of progress’
Philip Palumbo, founder and CEO of Palumbo Wealth Management, offers tips on how investors can build a healthy portfolio in The Craman Countdown. federal reserve Chairman Jerome Powell The governor said on Tuesday that it would likely take “longer than expected” for inflation to reach the central bank’s 2% target, raising new questions about when […]