Jerome Powell Faces Pressure to Lower Interest Rates Amid Congressional Testimony
Federal Reserve Chairman Jerome Powell faces pressure from multiple sources to lower interest rates ahead of his semiannual testimony to Congress.
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Interest Rates
Trump’s Tax Bill: A Risky Bet During a Precarious Time
President Obama signed the Budget Control Act in 2011 to avoid a debt crisis, but at the expense of future deficit…
Warren Buffett’s Record Cash Pile: Should You Mimic His Strategy?
Warren Buffett's Berkshire Hathaway sat on a record $334 billion in cash at the end of 2024. However, experts…
U.S. 30-Year Mortgage Rates Reach Highest Level Since Mid-July
The average rate on a 30-year mortgage in the U.S. rose to its highest level since mid-July, now at 6.85%.
Inflation Halt Dampens Consumer Sentiment: Key Insights
TL/DR -
A recent consumer sentiment report from the University of Michigan indicates that Americans continue to…