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Wall Street Whispers

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...

UCSF Study Finds 35% Jump in Depression Symptoms for Pre-Teens Using Social Media

Staff Reporter study led by researchers at the University of California, San Francisco (UCSF) has revealed that increased social media use among pre-teens is linked to a staggering 35 percent rise in symptoms of depression. According to KTVU, the research highlights the mental health risks associated...

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Blackstone Anticipates Doubling of Private Equity Exits in North America Next Year

Blackstone is forecasting a favorable shift in the mergers and acquisitions landscape, along with...

JP Morgan Forecasts Positive Global Economic Outlook for 2025, with Recession Probability at 15%

JP Morgan has recently released its economic outlook for 2025, presenting a cautiously optimistic...

Citi Forecasts S&P 500 at 6,500 by 2025 Amid Rising Volatility

Citigroup (NYSE:C) anticipates that the S&P 500 will reach 6,500 by the end of...

Gold Prices Rise as Turmoil in Syria and South Korea Boosts Safe Haven Demand

Gold prices saw a slight increase in Asian trading on Monday, driven by geopolitical...

Inflation Risks Outweigh Job Losses, Says Fed Official

Despite recent progress, the U.S. faces a greater threat from inflation than from weaknesses...

Trump Signals No Plans to Replace Fed Chair Powell

In an interview that aired Sunday, U.S. President-elect Donald Trump stated he will not...

Trump’s Economic Policy Is Straight Out of UChicago

By Matthew G. Andersson The Chicago school of economics may be the most effective academic source...

S&P 500 and Nasdaq Reach Record Closing Highs

On Friday, the financial markets experienced a notable reaction to the latest U.S. jobs...

Economic Threats Rank Highest Among Global Business Leaders’ Risk Concerns

Business Leaders Identify Key Risks for 2024: Economic Downturn, Inflation, and Labor Shortages As we...

US Stocks Hit Record Highs Driven by Tech Gains

Wall Street Stocks Surge to Record Highs Amid Optimism and AI Boom On Wednesday, Wall...

Apple to Invest in Manufacturing Plant in Indonesia, Minister Confirms

Tech giant Apple is set to invest in a manufacturing plant in Indonesia that...

Jeff Bezos “Very Optimistic” About Trump’s Second Term, Calls for Regulatory Cuts

In a recent interview at The New York Times' DealBook Summit, Amazon founder Jeff...

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XRP Falls 4% Amid Global Economic Tensions Prompting Market Selloff

XRP Faces Volatility Amid Global Economic Tensions In the ever-fluctuating world of cryptocurrency, XRP has...

Beijing Takes Action to Curb Auto Price Wars

China’s Automotive Industry Faces Pressure to End Price Wars In a dramatic turn of events,...

Prediction: This AI Stock Could Reach $3 Trillion in 5 Years

  Taiwan Semiconductor Manufacturing Company (TSMC) is a key player in the global semiconductor industry,...

Yoshua Bengio Raises Alarm Over ‘Strategically Dishonest’ AI Systems

  As top AI labs race to develop increasingly powerful systems, leading AI pioneer Yoshua...