Category: Uncategorized

With the Fed changing course, what happens next to mortgage rates could have a significant impact on borrowers. Getty Images/iStockphoto Prospective homebuyers have been waiting for meaningful relief from the high mortgage rate landscape for much of 2026. Rather than rates dipping, though, borrowing costs have remained stubbornly high instead, with the average 30-year fixed…

En esta noticia People can work while receiving Social Security retirement benefits. However, the Social Security Administration (SSA) applies an earnings test to beneficiaries who have not yet reached full retirement age, which can reduce their payments depending on how much they earn. The rules change once a beneficiary reaches full retirement age. At that…

The S&P 500 ended Wednesday 0.5% lower, while the Nasdaq 100 was flat and the Dow Jones Industrial Average eased 1.2%. The U.S. Fed also indicated a move toward one additional rate hike this year. SK Hynix is exploring options to boost its global competitiveness. The S&P 500 and Dow ended lower on Wednesday after…

Senate Democrats on Tuesday blocked legislation to create a new regulatory framework for cryptocurrency, stalling an industry-backed effort to place new guardrails around digital assets after demanding more limits on President Donald Trump’s investments. The 49-50 vote on whether to move forward with the legislation was a pivotal election-year test for the $2.3 trillion cryptocurrency…

For the first time in more than three years, the United States Federal Reserve has raised interest rates amid mounting inflationary pressures and consumer frustration. The unanimous decision on Wednesday, supported by all 12 members of the Federal Open Market Committee (FOMC), raised rates by a quarter of a percentage point, underscoring the central bank’s…

US President Donald Trump has called for interest rates to be lowered after the Federal Reserve raised rates in the world’s largest economy by 25 basis points. The Fed’s Federal Open Market Committee voted unanimously on Wednesday, local time, to raise rates to between 3.75 and 4 per cent, citing “elevated” inflation and adding that…

Elon Musk, founder, CEO, and chief engineer of SpaceX, CEO of Tesla by Frederic Legrand – COMEO via Shutterstock Tesla (TSLA) has had a rough 2026. The stock is down about 20% year-to-date (YTD), falling from $458.34 on the first trading day of the year to $297.38 in late July. That is a decline of…

In a new interview on Wednesday, Tesla uber bull Ron Baron said that anyone looking to buy the company’s stock should do so as soon as they can. Baron, founder and CEO of Baron Capital and one of Tesla’s most persistent institutional bulls, used a CNBC Squawk Box appearance on Wednesday to deliver a familiar…

In brief CME’s FedWatch tool puts the odds of a 25-basis-point hike Wednesday at 94.5%, which would push the federal funds rate to 3.75%-4% from 3.50%-3.75%. A Wall Street Journal survey found nearly every major bank expects the September hike, with most forecasting 50 basis points of total tightening in 2026, and Bank of America,…

Wells Fargo expects loan growth in 2026 to be better than its previous forecast and signaled healthy spending and credit trends in the US, CFO Mike Santomassimo said at an investor conference on Tuesday. Shares of the US banking giant jumped 3% in morning trading, as the comments allayed concerns that the Middle East conflict-driven jump in…