Mortgage Interest Rates Expected to Drop in 2023here S by How Much
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High Interest Rates Are Hitting Poorer Americans the Hardest
The economy as a whole has proved resilient amid the highest rates in decades. But beneath the surface, many low- and moderate-income families are struggling.The New York Times - Business -
High Interest Rates Are Hitting Poorer Americans the Hardest
The economy as a whole has proved resilient amid the highest rates in decades. But beneath the surface, many low- and moderate-income families are struggling.The New York Times - Top stories -
Will High Interest Rates Curb Inflation? The Fed Will Wait and See
While consumers clamor for rate cuts, the central bank leadership is prepared to hang on until inflation stops climbing.Inc. - Business - Federal Reserve -
What Forecasters Say About Interest Rates (and Why They Disagree)
Hopes for a steep drop in borrowing costs for consumers and businesses have been dashed. But some experts predict modest reductions in coming months.The New York Times - Business -
Home Depot misses on revenue, as high interest rates hurt sales
Home Depot reported first-quarter earnings as it tries to grow sales with home professionals in a tough housing market.CNBC - Business -
Alibaba shares fall 5% in premarket trading after posting 86% profit drop
Alibaba posted a beat on revenue in its fiscal fourth quater ended March, but the Chinese e-commerce giant's net profit plunged.CNBC - Business -
Malaysia won't use interest rates to prop up the ringgit, says central bank deputy chief
Bank Negara's Adnan Zaylani Mohamad Zahid said the country's monetary policy decisions will be determined by economic growth and the inflation outlook.CNBC - Business -
How to Watch Google I/O 2024, and What to Expect
The annual developer conference kicks off with a keynote address on Tuesday. Look out for updates on Android, Search, and Assistant, plus a whole lot of AI news.Wired - Tech - Google -
Michael Cohen expected to detail how Trump reimbursed him for hush money payment
Cohen is expected to delve into payments he said he received from Trump in return for hush money paid to Stormy Daniels in the closing days of the 2016 campaign.NBC News - Top stories - Donald Trump -
RFK Jr.’s Running Mate, Nicole Shanahan, Ventures Onto the Stump
The Silicon Valley lawyer, chosen by Robert F. Kennedy Jr. as his running mate, made her first solo outing on the stump. She is to appear alongside him at a rally on Monday in Austin, Texas.The New York Times - Top stories -
Kylian Mbappé Is P.S.G.’s GOAT — but He Is Not Loved Like One
Nothing better summed up the French striker’s time at Paris St.-Germain than his final home game.The New York Times - Sports -
Chiefs favored over Ravens in NFL season opener, but not by much
The Chiefs open up as a small favorite over the Ravens in the opener.Yahoo Sports - Sports - NFL -
R.F.K. Jr. Is 2024’s X Factor, New Polls Show, Fueled by Young Voters and Social Media
Half of Robert F. Kennedy Jr.’s supporters said they were voting chiefly for him, and nearly half said their support was mostly a vote against President Biden or former President Donald J. Trump.The New York Times - Top stories -
OpenAI Says New GPT-4o Model Is Twice as Fast and Costs Half as Much for Businesses
The ChatGPT creator is bringing generative AI text, audio, and video capabilities together in a single model.Inc. - Business -
Netanyahu and Sinwar have common interests in prolonging the war
In a calamitous confluence of circumstance, Sinwar and Netanyahu now have intersecting interests. They are each other’s best friend and foil.The Hill - Politics -
DeSantis says wife has 'zero' interest in running for office
Florida Gov. Ron DeSantis (R) shot down speculation Monday that his wife, Casey DeSantis, has any interest in running for future office. During a press conference Monday, DeSantis was asked whether his wife would consider running for Florida ...The Hill - Politics -
National-debt interest now costs more than Medicare or defense
Last week we got “good news” on Social Security and Medicare. Here’s the rest of the story.MarketWatch - Business -
Plans to criminalise UK rough sleepers dropped after backlash
Measures would have seen homeless people prosecuted for ‘excessive smell’Financial Times - Business - United Kingdom -
Harris drops "F-bomb" while encouraging Asian Americans to break barriers
Vice President Kamala Harris was participating in a conversation moderated by actor and comedian Jimmy O. Yang.CBS News - Politics -
Childish Gambino drops 'Atavista,' the 'finished version' of '3.15.20,' and announces tour
Childish Gambino (a.k.a. Donald Glover) released the 'finished' version of his 2020 album '3.15.20' on Sunday as 'Atavista' and will take the music on a world tour.Los Angeles Times - Entertainment -
Rangers drop 2 in row, to 'see what we're made of'
Rangers captain Jacob Trouba said New York's failure to close out the Hurricanes at home in Game 5 presents an important character test for his team.ESPN - Sports -
NWSL Power Rankings: KC Current remain undefeated, Bay FC drop
KC Current keep going strong and remain top, while Bay FC drop down in our NWSL Power Rankings.ESPN - Sports -
Conservative outside group drops $70M on Senate Democrats in battlegrounds
Politico - Politics -
Putin expected in Beijing for talks with China's Xi on Thursday
Yahoo News - World - China -
U.K. Jobs Market Eases in Boost for June Rate-Cut Hopes
Unemployment ticked higher in the three months to March, continuing a trend of rising joblessness, while the average regular pay grew at the same rate as in the previous period.The Wall Street Journal - World - United Kingdom -
Record travel expected as millions make plans for Memorial Day
Tens of millions of Americans are gearing up for the upcoming Memorial Day weekend. Nearly 50 million people are expected to travel 50 miles or more this year, making it the busiest Memorial Day weekend in almost 20 years, according to AAA. Kris ...CBS News - Top stories