Why one economist says Elon Musk could hold the key to lower mortgage rates

One way the government can address high mortgage rates is to rein in the federal deficit, says the chief economist for the National Association of Realtors.

Business - MarketWatch - 5 hours ago

7% mortgage rates are a warning about who will win the election, economist says

Mark Zandi of Moody’s Analytics says rising mortgage rates offer clues about how investors are considering the postelection future of the U.S. economy

Business - MarketWatch - October 30

Weight-loss drugs could be key in lowering US obesity rates – experts

Medications like Ozempic ‘transformed’ diabetes care because they improved health outcomes, say experts. Obesity rates have decreased slightly in the US and while it’s too early to say whether the ...

World - The Guardian - October 18

Why mortgage rates could be heading to 8%, despite a Fed cut

The 30-year rate inched up for the sixth week in a row ahead of an expected interest-rate cut by the Federal Reserve.

Business - MarketWatch - 6 days ago

If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?

The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.

Business - The New York Times - November 7

Why Elon Musk’s $1 Million Giveaways Could Be Troublesome

Legal experts question the billionaire’s plan to hand out huge payments in battleground states as part of a get-out-the-vote drive.

Business - The New York Times - October 21

Elon Musk says Trump's economic plans could cause 'temporary hardship'

Musk, the world's richest person, is a prominent supporter of Trump.

Why mortgage rates are back up to nearly 7%

The average 30-year mortgage rate has surged over the course of October, returning to highs last seen in the summer.

Business - MarketWatch - October 24

Trump or Harris: Who would bring mortgage rates down? Three economists weigh in.

What will happen to mortgage rates and home prices in a prospective Trump or Harris administration? MarketWatch spoke to three economists to find out.

Business - MarketWatch - November 5

Elon Musk says he and Trump have 'mandate to delete' regulations. Ethics laws could limit Musk role

Choosing billionaire Elon Musk to be what President-elect Donald Trump calls “our cost cutter” for the U.S. government, is not the first time an American president has empowered a business tycoon ...

Tech - ABC News - 22 hours ago

Why the Federal Reserve Rate Cut Isn’t Lowering Your Loan Rates

Fed rate cuts and lending rates do not always experience like-to-like movement. Here’s a quick look at rates, and what to expect moving forward.

Business - Inc. - October 30

Powell says Fed in no ‘hurry’ to lower rates further

Central bank chair warns that path to a reduction in inflation will be ‘bumpy’

Business - Financial Times - 26 minutes ago

Inflation's up again. Here's what it could mean for mortgage interest rates.

Inflation ticked back up to 2.6% in October. Here's what that rise could mean for mortgage rates.

Why mortgage interest rates may drop again this week

Could mortgage interest rates head back down again this week? Here's why they could.

Gov. Shapiro says law enforcement could look at Elon Musk’s $1M giveaway to super PAC supporters

During an interview with Meet the Press, Gov. Josh Shapiro (D-Pa.) questions the legality of Elon Musk promising $1 million giveaways to voters who sign his super PAC’s petition “in favor of free ...

Politics - NBC News - October 20

Elon Musk could face ‘legal liability’ for his $1 million giveaway, says election law expert

NBC News Election Law Analyst Nate Persily discusses the legal questions surrounding billionaire tech founder Elon Musk’s latest election effort to support former President Trump ahead of the ...

Politics - NBC News - October 21

Elon Musk, Trump allies say his tariff plans could cause short-term pain for consumers

Donald Trump has proposed universal tariffs, which Vice President Kamala Harris attacked, calling the proposal a "Trump sales tax" on American consumers.

Business - CNBC - October 30

Elon Musk’s lawyer says $1M giveaway winners not randomly chosen, raising potential legal issues

Elon Musk's lawyer said in a courtroom Monday that the winners of Musk’s $1 million daily prize giveaway in election swing states are not chosen at random.

Here’s Why Experts Say Elon Musk and X Lead the Pack in Fake Election Claims

The billionaire Trump supporter’s social media platform is the locus of misleading claims and outright lies about the election, which have gotten more than 2 billion views, according to a digital ...

Business - Inc. - November 5

New-home sales jump to highest level since May 2023, as lower mortgage rates drew buyers in

New-home sales surged in September, as home buyers seized on lower mortgage rates.

Business - MarketWatch - October 24

Pending home sales jump to six-month high as lower mortgage rates draw buyers in

U.S. pending home sales rose 7.4% in September, the National Association of Realtors said on Wednesday.

Business - MarketWatch - October 30

Why a Memphis Community Is Fighting Elon Musk’s Supercomputer

Residents say Mr. Musk’s data center for artificial intelligence is compounding their pollution burden and adding stress on the local electrical grid.

Tech - The New York Times - October 31

Why Elon Musk's Robotaxi Dreams Are Premature

Tesla is pushing to build true self-driving vehicles by 2026. The way its CEO wants to do it seems risky.

Tech - The Wall Street Journal - November 1

Trump’s Economic Plans Could Worsen Inflation, Economists Say

Many Americans fretted about inflation as they headed out to vote. But Donald J. Trump’s approach comes with risks of a renewed boost.

Business - The New York Times - November 6

Will you have a lower tax rate in retirement? Maybe not, financial advisors say

Most people will have a lower tax rate when they retire, but others won't due to factors like large required 401(k) and IRA withdrawals, advisors said.

Business - CNBC - November 7

New York rematch could hold key to Democratic quest for House majority

HEMPSTEAD, N.Y. — Democrats are going all-in on efforts to flip New York’s 4th Congressional District blue, funneling big names and money into the Long Island locale with hopes that a victory could ...

Politics - The Hill - October 27

What a Trump win could mean for Elon Musk's businesses

Elon Musk is wearing multiple hats this election season, sparking questions about how his dual role as a tech leader and vocal surrogate for former President Trump could lead to conflicts of ...

Politics - The Hill - October 22

Elon Musk’s xAI in Funding Talks That Could Value Company at $40 Billion

The financing efforts follow that of rival OpenAI, which recently closed a funding round that valued it at $157 billion.

Tech - The New York Times - October 31

Elon Musk could be the biggest winner of a second Trump term

Elon Musk could reap numerous benefits from a friendly government run by Donald Trump.

What Elon Musk could gain from Trump's second term

Some of the richest men in the world have already become even richer due to President-elect Donald Trump's victory. According to the Bloomberg Billionaires Index, the net worth of Elon Musk, one of ...

Why is Elon Musk becoming Donald Trump's efficiency tsar?

The tech billionaire joins the incoming administration to "dismantle government bureaucracy" - but what's in it for both of them?

'Inflation is like a regressive tax,' economist says — only one group can 'easily afford' holiday spending this year

If the thought of holiday spending makes you wince, you're not alone. Only one group can easily afford this year's costs, a survey found.

Business - CNBC - October 30

ECB lowers rates to 3.25% as inflation slows

Christine Lagarde says Eurozone’s central bankers are close to ‘breaking the neck’ of soaring price pressures

Business - Financial Times - October 17

Will mortgage interest rates fall this November?

Mortgage rates are poised to fluctuate in November, but in what direction? Here's what to know now.

Elon Musk holds his first solo event in support of Trump in the Philadelphia suburbs

Elon Musk has brought his support for Republican Donald Trump to the Philadelphia suburbs for a town hall and encouraged Pennsylvania voters to register to cast their ballots and vote early

Tech - ABC News - October 17

Bernie Sanders says Elon Musk's reported contact with Putin is not 'appropriate'

The Wall Street Journal reported that Elon Musk has been in regular contact with Russian President Vladimir Putin for the last two years. On Meet the Press, Sen. Bernie Sanders says that Musk’s ...

Politics - NBC News - October 27

Pennsylvania judge declines to block Elon Musk’s $1m voter prize giveaway

Prosecutors had called sweepstakes a scam that violates state election law and asked for it to be shut down. US election 2024 live: latest polls, results and updates The $1m-a-day voter ...

World - The Guardian - November 4

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