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Tag: Higher

Negative car equity is higher among borrowers with lower income and credit scores: CFPB

A recent CFPB report suggests that incorporating negative equity into new car loans may be a risky practice. (iStock) According to a recent study by the Consumer Financial Protection Bureau (CFPB), drivers with negative balances on their auto loans are twice as likely to have their accounts foreclosed, and they also have lower incomes and […]

BOB RUBIN: The Dollar Is In Trouble And The Stakes Couldn’t Be Any Higher

The Republican National Committee’s platform committee adopted a new GOP platform on Monday that promises to do the following if the Republicans win the House, the Senate and the White House: “KEEP THE U.S. DOLLAR AS THE WORLD’S RESERVECURRENCY.” As someone who manages hundreds of millions of dollars all day long, I must say this is music […]

JPMorgan CEO warns inflation and rates may stay higher for longer

JPMorgan Chase & Co. Chief Executive Jamie Dimon warned that inflation and interest rates could remain higher for longer than expected, despite the three largest U.S. banks reporting strong quarterly earnings. “While there has been some progress in reducing inflation, there are still multiple drivers of inflation, including large budget deficits, infrastructure needs, trade restructuring […]

Producer Inflation Surges Much Higher Than Expected

Government data released on Friday showed the producer price index (PPI) rose 0.2% last month, double the rate of increase economists had expected. Prices for the previous month were revised upwards, erasing what had been shown to be a slight decline. The revised producer price index for May showed prices were flat for the month, […]

With or without Biden, this election's stakes couldn't be higher

The multitalented Taraji P. Henson has always been impressive in many ways, and she’s even more impressive now as she reminds us all of what really matters during this crucial presidential election moment. Here’s the thing: Regardless of what you thought of the first debate between Biden and Trump, one thing hasn’t changed: the stakes […]

Experts see potential for higher inflation under Trump

A growing number of investors and economists are predicting higher inflation if former President Trump and the Republican Party win a landslide victory in the next election. As President Trump continues to widen his lead over President Biden in the polls, economists say his proposed tax and tariff policies could lead to higher prices after […]

Poll: Only 36% Of Americans ‘Have Confidence’ In Colleges, Higher Education

Students walk near Royce Hall on the UCLA campus in Los Angeles, California on April 23, 2012. (Photo by Kevork Djansezian/Getty Images) OAN’s Brooke MalloryMonday, July 8, 2024 12:11 PM A recent survey found that Americans are increasingly skeptical of the benefits and costs of college life, and a majority believe the nation’s higher education […]