Mortgage rates tick up as Fed signals delay on interest rate cuts: Freddie Mac
Home buyers saw borrowing costs rise again last week. (iStock) After weeks of declines, mortgage rates reversed course this week, rising back above 7%, according to Freddie Mac. According to Freddie Mac’s latest report, the average 30-year fixed-rate mortgage for the week ending May 30 was 7.03%. Primary mortgage market researchThat’s up from an average […]
Judge Cuts Bail by 90% for Illegal Accused of Killing State Trooper
A judge in the sanctuary state of Washington has reduced bail by 90 percent for an illegal immigrant accused of killing 27-year-old Washington State Police Officer Christopher Gadd. Raul Benitez Santana, 33, an illegal immigrant from Mexico who has had multiple run-ins with police, was arrested and charged with vehicular homicide in connection with Gadd’s […]
‘I’ll Lose Friends For This”: Ultra-Wealthy Former Dem Donor Cuts Massive Check To Trump After Conviction
Ultra-wealthy Sequoia Capitol partner and former Democratic donor Sean Maguire announced he was donating $300,000 to former President Donald Trump’s campaign on Thursday night after his guilty plea was announced. Maguire published a Twitter post and article about his public decision to pledge a large donation to President Trump, explaining why he was “prepared to […]
Kansas Gov. Kelly to call special legislative session over tax cuts
Kansas Gov. Laura Kelly announced Wednesday that she will call a special legislative session to consider tax cuts, beginning June 18. The move comes after the Democratic governor rejected three Republican tax-cut plans this year, setting up a key election-year fight with the Republican-controlled Kansas Legislature. “I am committed to working with the Legislature to […]
Gov’t ‘Contributed to’ Inflation, Inflation ‘Sideways’, Need ‘Many More Months’ for Rate Cuts
In an interview with CNBC Europe on Tuesday, Minneapolis Federal Reserve Bank President Neel Kashkari said inflation is currently trending sideways, that one or two rate cuts would require “several more months of positive inflation data,” and that government spending is “contributing to high inflation.” Kashkari began by agreeing with Federal Reserve Chairman Jerome Powell […]
Cuts of more than 20% in Social Security benefits – La Grada EN
As financial literacy improves every day and people seek out the best ways to handle retirement, it is important to stay informed about the changes that affect us and how to best make the most of the situation. It is a well-known fact that not enough Americans have savings to fully supplement their Social Security […]
Women live through deadly Texas tornado as it cuts across road they were traveling in frightening video
VALLEY VIEW, Texas – Two women were driving near Valley View, Texas late Saturday night when a tornado crossed the road and they were recording video. Although several people were killed in the tornado, two people survived the horrific ordeal. Valenia Gil and Brenda Proctor Dance had just returned from a singer-songwriter show and had […]
Inflation in UK shops falls amid price cuts on furniture and TVs | Retail industry
Store price inflation eased to its lowest level since November 2021 as retailers slashed prices on big-ticket items such as furniture and televisions as rising living costs and bad weather forced households to severely curb spending. According to the latest research from the British Retail Consortium (BRC) and market research firm NielsenIQ, inflation rose 0.6% […]
STEPHEN MOORE: Here’s Five Super Obvious Reasons To Make Trump’s Tax Cuts Permanent
No issue defines the diametrically opposite economic philosophies of Joe Biden and Donald Trump more than their position on the Trump tax cuts. Trump wants to make those tax cuts permanent; Biden has repeatedly promised to tax America back to prosperity by repealing the Tax Cuts and Jobs Act. But there are so many factual […]
Pixar Slashes 14% of Workforce Amid Brutal Budget Cuts
Once-mighty Pixar is laying off 14% of its workforce as The Walt Disney Company continues to make severe budget cuts across many of its businesses. According to Deadline, Pixar Animation Studios is cutting approximately 175 jobs, or 14% of its staff, primarily due to the reduction in the number of series released on Disney+. reportPrevious […]