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Finance & Banking

U.S. 30-Year Mortgage Rate Climbs to 6.89%, Highest Since February

By Agencies The average rate for a 30-year mortgage in the U.S. climbed this week to 6.89%, marking its highest point since early February. This increase further raises borrowing costs for homebuyers. According to mortgage buyer Freddie Mac, the rate rose from 6.86% last week. A...

Are Rising Japanese Government Bonds the Next Major Risk for U.S. Bondholders?

By Agencies Japanese institutions have long been key players in the U.S. Treasury market, but a significant rise in Japanese government bond yields could pose a serious risk for U.S. bondholders. This shift may prompt Japanese investors to move their capital back home just as global...

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Barclays Sounds Alarm on Rising Credit Risks Amid Growing Policy Concerns

Staff Reporter This week, ripples of anxiety reverberated through the US credit market, prompting Barclays...

Goldman Sachs: Hedge Funds Give Up Half of 2025 Gains in “Challenging” Markets

Staff Reporter Hedge funds that focus on stock picking and multi-strategy investments have seen about...

Japanese 10-Year Bond Yields Rise to Near 16-Year Highs Amid Rate-Hike Expectations and Global Sell-Off

Staff Reporter Japanese government bond yields surged on Thursday, with the 10-year JGB yield reaching...

LSEG CEO: London Faces Global Listing Challenges, Not Just Its Own

Staff Reporter London is not alone in its struggles with stock listings; this issue is...

How Modern Monetary Theory Advocates View Money & The State

Frank Shostack According to the Modern Monetary Theory (MMT), money is something decided by the...

Young Americans Face Savings Challenges, Sparking Worries Among Financial Experts

Staff Reporter Financial experts are becoming increasingly alarmed by studies indicating that young adults in...

Economic Growth Slows at Start of 2025, Chicago Fed Index Reports

Staff Reporter Economic activity in the United States showed signs of slowing at the start...

The Largest Sovereign Wealth Funds in the World

Staff Reporter In 1953, the Kuwait Investment Authority established itself as the world’s first sovereign...

Bank of England Lowers Base Rate by 25 Basis Points to 4.5%

Staff Reporter In a move aimed at revitalizing the UK's sluggish economy, the Bank of...

UK Government and Bank of England Explore Regulatory Easing for Smaller Banks

Staff Reporter In a strategic move to bolster economic growth, the UK government, in partnership...

Bank of Japan Likely to Raise Interest Rates to Highest Level in 17 Years

Staff Reporter The Bank of Japan is set to raise interest rates on Friday, barring...

CFPB: Capital One Defrauded Customers of $2 Billion by Keeping Deposits in Low-Yield Accounts

Staff Reporter Capital One Financial Corp. is facing allegations from the Consumer Financial Protection Bureau...

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How to Balance Growth and Safety in Your Retirement Portfolio

By Michael Lebowitz As retirement approaches—or begins—investors often find themselves at a crossroads: How can...

Where Will Brookfield Asset Management Be in 5 Years?

Staff reporter Brookfield Asset Management (BAM), a large Canadian asset manager, recently announced a massive...

Global Airlines Cut 2025 Profit Outlook Amid Supply Issues

By Agencies Global airlines have revised their profit forecasts for 2025, citing a dip in...

Warren Buffett to Earn Over $1.33 Billion This Year from Two High-Yield Dividend Stocks

Staff Reporter Warren Buffett and his company, Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B), have never issued a dividend,...