The minutes of the Federal Reserve’s policy meeting last month show that the path for interest rate cuts in December and early next year is far…
Billionaire investor Jeffrey Gundlach warned that America’s booming private credit market is showing cracks, comparing it to the unregulated CDO market that existed before the 2008 financial crisis — calling it “the Wild West” of…
Walmart Inc. on Thursday raised its outlook after beating Wall Street expectations, fueled largely by strong e-commerce and higher sales across categories even as consumers remain cautious in a challenging economy. The Arkansas-based company, which offers a snapshot of how the American consumer, reported revenue of $179.5 billion during the…
After two years of cheaper deals and better prices, holiday shoppers may have to reach deeper into their wallets again this season, as inflation makes an unwelcome return to many of the items households buy this time of year. More than 3 in 4 holiday staples (78%) have gotten more…
Nvidia CEO Jensen Huang said Wednesday the chipmaker is heading into a “crazy good” fourth quarter, underscoring its dominance at the heart of the global artificial intelligence boom. In an interview on FOX Business Network’s “The Claman Countdown” following stronger-than-expected third-quarter earnings, Huang said he expects the momentum to carry…
Image: Getty Images; Illustration: Bankrate Home equity rates were unchanged in the latest week, holding at their lowest point in two years. The $30,000 home equity line of credit stayed at 7.81%, according to Bankrate’s national survey of lenders. Meanwhile, the benchmark five-year $30,000 home equity loan also didn’t budge,…
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Federal Housing Finance Agency Director Bill Pulte said the government agency is “actively evaluating” portable mortgages, which would allow a homeowner to transfer their loan from their current home to a new home when they…
