Columbus, OH

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Trailer Empire

The bond market has been buoyed by the Federal Reserve's recent hints that a rate cut may be on the horizon this September, leading to a noticeable drop in mortgage rates. Investors are reacting to the Fed's subtle language changes, anticipating a potential shift in monetary policy.

Mortgage Rates Plunge as Fed Signals Potential September Rate Cut

CNBC's Steve Liesman joins 'The Exchange' to discuss the latest news on the Fed, as Atlanta Fed President Raphael Bostic speaks on the economy.

Fed's Bostic: If economy evolves as I expect, should be rate cuts by year-end

CBS News

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  With Fed rates holding steady over the last couple of years, mortgage interest rates have stayed high overall — even hovering close to 8% at one point recently. And those high mortgage loan rates, coupled with the high cost of living and inflation, have led many potential homebuyers to pause their search for a home and a mortgage to buy it with.But in recent weeks, there has been some welcome news for potential homebuyers. Inflation has cooled slightly —...

How low will mortgage rates drop after the Fed cuts rates? Experts weigh in

The Federal Reserve voted to leave the federal funds rate steady again when it met on Wednesday, citing “real progress” on the inflation front. This decision follows three months of cooling inflation numbers, leaving many experts to believe rate cuts could start as soon as September. However, the...

Best CD Rates Today -- APYs Hold High Following Fed Decision, Aug. 2, 2024

Business Insider

These are today's mortgage and refinance rates. Mortgage rates dropped in response to cooler labor market data, including an increase in unemployment.

Mortgage Interest Rates Today, August 5, 2024 | Rates Down as Multiple Fed Cuts Look More Likely

The Motley Fool

For young home buyers, 4% mortgage rates may feel "normal," but they're not. Keep reading to learn whether you can count on them to be that low again.

Will Mortgage Rates Ever Be as Low as 4.00% Again?

Economists surveyed by Dow Jones expect the consumer price index, to be released Wednesday at 8:30 a.m. ET, to show 0.2% increases on both the all-items reading and the core measurement. A positive CPI reading could mean the Federal Reserve is able to turn its gaze to other economic challenges,...

Wednesday's big CPI inflation report could mark a change in thinking for the Fed

A "record-breaking backlog" of pending actions has led to an estimated $1.1 billion in improper beneficiary payments, according to a new report. Experts say the Social Security Administration needs more funding in its budget to properly address a "customer service crisis." The Social Security Administration faces a "record-breaking backlog" of...

'Record-breaking backlog' leads to $1.1 billion in improper Social Security payments, report finds

The U.S. producer price index — a measure of wholesale inflation — increased 0.1% last month, compared to expectations of a 0.2% rise. Business sentiment at Japanese manufacturers turned slightly less confident in August, according to the Reuters Tankan survey. Asia-Pacific markets have extended gains on Wednesday after...

Asia-Pacific markets continue winning run as U.S. producer prices rise less than expected; RBNZ cuts cash rate

Indiana State

Mississippi State

If you prefer hiking the Appalachian Mountains over lounging on coastal beaches, this year's least-expensive state to retire may be a good fit for you. For the second year in a row, West Virginia is the most affordable state for retirement in the U.S., according to financial services company Bankrate's best and worst states for retirement report, which published last month.

The 10 most affordable U.S. states for retirement in 2024: Half are in the South

Andrew Graham, founder and managing partner of Jackson Square Capital. A long-awaited rotation out of tech and into small caps — a trend that kicked off a few weeks ago — could still have legs. The long-talked-about soft landing may still be possible and rate cuts could deliver...

Op-ed: Small caps could be in for a revival. Here's why

Gold prices steadied on Tuesday to hover close to an all-time high hit in July, as the dollar and Treasury yields crept lower after U.S. producer price data cemented hopes for a interest rate cut from the Federal Reserve in September. The dollar was down 0.2% against its rivals, making...

Gold firms as dollar, yields slip after US PPI data

The foods in your daily diet play a major role in how healthy you are and how long a life you live. In fact, one of the key practices of people living in blue zones is eating a diet of mostly plant-based foods of fruits, vegetables and nuts. In past...

100-year-olds share what they always eat—and what they never do: 'I don't drink soda at all'

CNBC's Deirdre Bosa joins 'The Exchange' to discuss the latest developments happening in technology.

Google AI & device event underway: Here's what to know

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J. Souza

A retired military officer who had been struggling with post-traumatic stress disorder (PTSD) tragically died after jumping from the world’s largest cruise ship last month, authorities confirmed.

Cruise Passenger Who Jumped from World's Largest Ship After Dispute Suffered with PTSD

Reuters

NEW YORK (Reuters) - Jefferies Financial Group said on Monday that Japan's Sumitomo Mitsui Banking Corp (SMBC) has more than doubled its stake in the U.S. investment bank to 10.9%, deepening an alliance dating back to 2021.

Japan's SMBC has raised stake in Jefferies Financial to nearly 11%

Mortgage rates are likely to come down before the end of the year -- but that drop may be minor. Here's how to snag the best rate either way.

Prediction: Mortgage Rates Will Drop Before 2025

Nick Setyan, Wedbush, joins 'Fast Money' to talk what the Starbucks handover will mean for the company and the stock.

Wedbush's Nick Setyan talks how Starbucks' stock will perform under new leadership

San Francisco, CA

CNBC's TechCheck brings you the latest in tech news from CNBC's 1 Market in the heart of San Francisco.

CNBC TechCheck Evening Edition: August 13, 2024

Business Times

U.S. consumers are increasingly optimistic about the future of inflation, according to the latest Survey of Consumer Expectations released by the Federal Reserve Bank of New York. The survey, which reflects consumer sentiment regarding economic conditions, revealed that the three-year inflation outlook has dropped to a record low, a significant development as the Federal Reserve continues to grapple with price stability in a turbulent economic environment.

U.S. Consumer Inflation Expectations Hit Record Low, New York Fed Survey Reveals

NewsBreak

Labor data will decide the amount of rate cuts this year, says Evercore ISI's Krishna Guha

Krishna Guha, Evercore ISI Vice Chairman,...

Labor data will decide the amount of rate cuts this year, says Evercore ISI's Krishna Guha

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