Japan is offloading billions of dollars in US Treasuries as it fights to prop up its currency. New numbers from the US Treasury Department show Japan sold $22 billion in Treasury securities in May, reducing its holdings to $1.1283 trillion. The move marks the second month in a row that...

Japan Dumps $22,000,000,000 in US Treasuries in One Month As Government Mounts Billion-Dollar Battle To Prop Up Currency

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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

For a 30-year fixed-rate mortgage, the average rate you’ll pay is 6.57% today, up 0.02% over the last week. The average rate for a 15-year fixed mortgage is 5.99%, which is a decrease of -0.01% from the same time last week. For a look at mortgage rate movement, see the chart below.

Good News for Mortgage Rates as Inflation Falls Below 3%. Today’s Mortgage Rates, Aug. 14, 2024

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  After a brief stabilization period, gold's record-breaking year is back. In March, gold prices hit an all-time high of $2,160 per ounce and then repeated the feat in April, surpassing the $2,259 mark for another milestone achievement. The price of gold then soared to $2,435 on May 20, before adjusting to spot prices around $2,300 in June. But then, just when it appeared that gold's price had stabilized, it jumped to $2,493 on July 17, its latest record-setting price in 2024....

When will gold prices hit $3,000 per ounce? Here's what experts think

Markets Insider

Analysts from Goldman Sachs say the US is on its way to a soft landing, with  recent volatility fueled more by positioning than a looming recession.

Don't get spooked by recession fears. The US is well on its way to a soft landing, Goldman Sachs says

Mediaite

Former President Donald Trump raged at CNN contributor Van Jones on Truth Social for agreeing with economic policies of Kamala Harris.
The post ‘Tears Flowing!’ Trump Rages at CNN’s Van Jones, Calls Him a ‘Lowlife’ Who ‘Begged’ Help ‘Never’ Thanked Him first appeared on Mediaite.

‘Tears Flowing!’ Trump Rages at CNN’s Van Jones, Calls Him a ‘Lowlife’ Who ‘Begged’ Help ‘Never’ Thanked Him

Many people who borrow private student loans are required to get a co-signer, a requirement that can spread the pain if repayment becomes a challenge. "It's very, very difficult to get off of the loan if you are a co-signer," said Anna Anderson, a staff attorney at the National Consumer Law Center. "We've seen how this can destroy families."

This 85-year-old mom co-signed her daughter's student loan years ago. Now she fears the lender may take her house

Virginia State

Kentucky Vibes.net

Disclaimer: This article was written with the help of A.I. software. On July 28, 2024, a TikTok video posted by Erica W., known as @tasteofmelanin on the platform, garnered significant attention after she exposed disturbing racist decorations in an Airbnb rental. The incident occurred in a rental property that Erica had booked, although the exact location remains unspecified. The video has since gone viral, prompting widespread concern and leading to the removal of the listing from Airbnb's platform.

Airbnb Listing Taken Down After Black Woman Finds Hanging Monkeys and Cotton Used As Decor

When Warren Buffett shares details of his personal finances, people tend to pull up a chair and take notes. When you're one of the wealthiest people on Earth, you must be doing something right. While Buffett's acolytes are chiefly interested in strategies for amassing more money, they recently received a...

Warren Buffett shares details of his will—2 key lessons you can learn, 'whatever your wealth level'

Las Vegas, NV

Zoreen Kabani always assumed she'd go into a traditional professional field. The 37-year-old's family immigrated from Pakistan to California when she was 14 and those were the paths she knew. In Pakistan, the cultural expectation is "you either are in finance or you're an engineer or you're a doctor," she says.

37-year-old went from working in finance to bringing in more than $100K a month selling clothes

Growing up in rural Michigan, Nina Job got familiar with peers and people in her community following a "traditional trajectory." That meant "you go to college, you get married, you have 2.5 kids, you know — happy home, white picket fence type-thing," she tells CNBC Make It. But moving...

'Neither of us feel interested': More Americans don't want kids, and it's not just because of the money

Detroit, MI

United Auto Workers President Shawn Fain ratcheted up criticism of Stellantis CEO Carlos Tavares in a video Friday afternoon. Fain accused the chief executive of price gouging consumers and failing to uphold parts of the union's labor contract with the automaker. The comments are the latest in an ongoing back-and-forth...

UAW president slams Stellantis CEO over job cuts, alleged price gouging

Victoria Greene, G Squared Private Wealth founding partner and CIO, joins CNBC's 'The Exchange' to discuss her moves on four stocks.

3 buys and a bail: Walmart, Nike, Sphere Entertainment, & Estee Lauder

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J. Souza

According to news reports, a dramatic fire engulfed a $19 million superyacht on Saturday, sending plumes of smoke billowing over the waters of the Gulf of Olbia, Sardinia. The incident, which occurred in a region often dubbed the "Billionaire's Playground," resulted in the complete loss of the 154-foot vessel.

Billionaire's Superyacht Catches Fire and Sinks: 16 People Were On Board

This is just one of the stories from our “I’ve Always Wondered” series, where we tackle all of your questions about the world of business, no matter how big or small. Ever wondered if recycling is worth it? Or how store brands stack up against name brands? Check out more from the series here.

How do Treasury bonds work?

A report released by the Labor Department on Thursday unexpectedly showed a continued decline by first-time claims for U.S. unemployment benefits in the week ended August 10th. The Labor Department said initial jobless claims fell to 227,000, a decrease of 7,000 from the previous week's revised level of 234,000. Economists...

U.S. Weekly Jobless Claims Unexpectedly Extend Pullback

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 16, 2024

Juggling a job, social responsibilities and taking care of yourself and your family can take a toll on your mental health. If you're taking on more than you can handle, your body may warn you that burnout is on the horizon. However, burnout isn't exactly a mental health diagnosis, says...

3 ways your body is letting you know you're experiencing burnout, from a psychologist

Business Insider

These are today's mortgage and refinance rates. Mortgage rates are hovering in the low 6% range, and they're expected to go down further this year.

Mortgage Interest Rates Today, August 18, 2024 | Rates Are Likely to Drop Further. Should You Wait?

Colorado State

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

NewsBreak

Treasury yields dip early Monday ahead of Fed minutes and Jackson Hole

U.S. Treasury yields were lower early Monday, with the release of Federal Reserve meeting minutes and the closely watched central bank symposium at Jackson Hole on...

Treasury yields dip early Monday ahead of Fed minutes and Jackson Hole

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