Mortgage rates drop to new low as Fed grows closer to slashing interest rates: Freddie Mac
Mortgage rates fell again this week to their lowest levels since February, according to Freddie Mac. (iStock) Mortgage rates fell again this week to their lowest since February on expectations that the Federal Reserve will cut rates by 25 basis points in September, according to Freddie Mac. According to Freddie Mac’s latest report, the average […]
EXCLUSIVE: GOP Rep Unveils Bill Slashing Federal Spending Programs In Response To Massive Foreign Aid Packages
Republican Florida Rep. Aaron Bean unveiled a bill Thursday that would take an axe to federal spending programs following a massive foreign aid supplemental that passed in April. The legislation, titled the Cutting Unobligated Tumultuous Spending (CUTS) Act, would slash over $100 billion in federal spending by rescinding unobligated COVID-19 relief and various climate initiatives. […]
Walmart slashing hundreds of corporate jobs, asks remote workers to relocate or quit
Walmart on Tuesday announced plans to cut hundreds of jobs at its headquarters and relocate the majority of its remote employees, based in the United States and Canada, to three offices. This is a shift in strategy after initially favoring virtual work during the pandemic. In a memo to U.S. campuses, Donna Morris, Walmart’s chief […]
Video: Suspect accused of slashing 11-year-old girl needs NYPD officers to protect him from angry mob
A suspect accused of slashing the head of an 11-year-old girl and punching a woman was chased by an angry mob in New York City. However, NYPD officers protected the suspect from a group of vigilante justice seekers. An 11-year-old girl was slashed near the East 116th Street subway station in East Harlem around 2:15 […]
Companies Are Slashing Away At Debt As Surging Inflation Casts Shadow Over Interest Rate Cuts
The Wall Street Journal reported Wednesday that recent reports of high inflation have dimmed prospects for central bank interest rate cuts, making borrowing more expensive and causing many Companies are reportedly considering reducing debt. Even companies with already strong credit prospects are deleveraging to improve their ratings from top agencies and reduce borrowing costs, which […]
Elon Musk reportedly indicates Tesla slashing jobs
Elon Musk has reportedly indicated that Tesla intends to cut more than 10% of its workforce. “Over the years, our company has grown rapidly with multiple factories around the world. This rapid growth has led to duplication of roles and duties in certain areas. “This is critical as we prepare for a phase of growth […]
Slashing on the LIRR
FOX 5 NY’s Arthur Chi’en talked to riders at Grand Central who took the same route. Subscribe to FOX 5 NY: … source
High-end outerwear company slashing corporate jobs
Check out what’s being clicked on FoxBusiness.com Canada Goose is cutting its white-collar workforce. The luxury outerwear maker said Tuesday that about 17% of its employees will lose their jobs due to layoffs. This equates to approximately 915 jobs. The layoffs coincided with a restructuring of Canada Goose’s management team. This includes giving additional responsibilities […]
Why is Congress slashing funding for antitrust enforcement that protects consumers?
With all eyes on the 2024 election, President Joe Biden used this year’s State of the Union address to lay out his economic vision for America. In his speech, Biden reaffirmed his support for pro-business, pro-consumer, pro-competition policies. greedy inflation and price agreement. To make the administration’s vision a reality, it is critical that Congress […]
MSNBC guest melts down over judge slashing Trump’s $454m bond payment: ‘Private system of justice’
An MSNBC guest on Monday was outraged by a judge’s decision to reduce former President Trump’s bail in a New York civil fraud case, claiming Trump has his “own private justice system.” Former New York Assistant Attorney General Tristian Snell was asked about how the court process worked on MSNBC’s “Jose Díaz Balart Report.” “Do […]