Why are mortgage rates still so high? There’s something more important than Fed policy at work
The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.
bankingdive5h
Dive Deposits: Trump picks the most public moments to knock luminaries
The president bashed Jerome Powell on inflation less than two hours after the Fed chair announced interest rates would stay ...
ECB Cuts Interest Rates By 25 Basis Points As Economy Cools, Lagarde Rejects Bitcoin As Reserve Asset
The European Central Bank lowered its key interest rates by 25 basis points on Thursday, bringing the deposit facility rate ...
E&E6h
The legal problems with Trump’s spending freeze maneuvers
A wide-ranging pause on agency funds and grants remains on ice — even after the White House rescinded a contested OMB memo ...
Transcript: Picking stocks for 2025
Robert Armstrong Let’s play a game. The game is called the 2025 Financial Times stock picking contest.
Wall Street follows FTSE higher as traders weigh US economy slowdown and ECB rate decision
US stocks rose on Thursday, with the Nasdaq (^IXIC) and S&P 500 (^GSPC) eyeing a comeback as investors digested news that the ...
Hosted on MSN11h
$150,000 Lump Sum vs. $1,200 Monthly Payments for a Pension Payout
When companies offer a pension, it's common to give retirees two options: collect the pension as a lifetime monthly payment ...
The Stanford Review9h
Debanking is the New Censorship: An Interview with Sequoia Capital’s Roelof Botha
You’d expect the Mafia to be debanked, but when even members of the PayPal Mafia are debanked on a whim, it’s time to sound the alarm. In 2019, Roelof Botha—Managing Partner at Sequoia Capital and an ...
The Federal Reserve ignored Trump’s interest rate demands — and he’s not taking it well
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
Marketplace2h
The Fed’s Tealbook ponders alternate economic scenarios
The Fed used to have even more books with colorful covers: the Greenbook, which looked at the current state of the economy ...
Fed holds interest rates steady, defying President Trump's call for cuts
The Federal Reserve announced this week that it will maintain current interest rates, a decision that could keep loans and ...
CNET10h
The Fed Voted to Hold Rates Steady. Your Credit Card's APR Likely Won't Change Either
Average APRs have inched down slightly, but you should focus on lowering your credit card balance as soon as you can.