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The ‘Largest Illicit Online Marketplace’ Ever Is Growing at an Alarming Rate, Report Says
Huione Guarantee, a gray market researchers believe is central to the online scam ecosystem, now includes a messaging app, stablecoin, and crypto exchange—while facilitating $24 billion in ...Wired - Jan. 14 -
Draymond Green on whether Warriors would mortgage future to win now: 'Bad teams do that'
Golden State's veteran forward is in lockstep with the way the franchise has handled personnel decisions.Yahoo Sports - Jan. 13 -
Here's the confirmation hearing schedule for Trump's Cabinet picks
President-elect Donald Trump's nominees for top posts in his administration are gearing up for their Senate confirmation hearings, which kick off this week.CBS News - Jan. 13 -
Will mortgage rates fall below 6% in 2025? What experts say
Rates could fall that low, but certain conditions must play out for that to happen this year, experts say.CBS News - Jan. 13 -
What's the CD interest rate forecast for 2025?
Planning to open a CD account? It may help to know where experts say CD rates could head this year.CBS News - Jan. 13 -
These are the stocks that Morgan Stanley’s Mike Wilson sees standing up to rising rates
Investors should stick to quality names amid rising rates, says a team led by Morgan Stanley’s Mike Wilson.MarketWatch - Jan. 13 -
FirstFT: Dollar hits 2-year high as interest rate assumptions change
Also in today’s newsletter, China’s trade surplus reached a new record and the reinvention of El SalvadorFinancial Times - Jan. 13 -
L.A.’s Private Firefighters, and U.S. Childhood Vaccination Rates Fall
Plus, remembering a civil rights Freedom Rider.The New York Times - Jan. 13 -
ECB’s chief economist warns of too-low inflation if rates stay high
Philip Lane points to dangers of borrowing costs that remain ‘too high for too long’Financial Times - Jan. 13 -
Here's the biggest news you missed this weekend
Santa Ana winds return. Gavin Newsom slams Trump for misinformation. Jack Smith resigns from the DOJ. Jennifer Lopez and Ben Affleck are officially divorced.NBC News - Jan. 13 -
Here Comes the Sun: Ralph Fiennes and more
Actor Ralph Fiennes sits down with Martha Teichner to discuss his latest films “Conclave” and “The Return.” Then, Rita Braver meets artist Noah Verrier, known as a “junk food painter,” who paints ...CBS News - Jan. 12 -
The rate of HMPV infections in northern China is declining, health official says
The rate of infections with the flu-like human metapneumovirus (HMPV) in northern China is declining, a health official said, amid some international concern over a potential pandemicABC News - Jan. 12 -
This is what it could take for the Fed to hike interest rates
Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption expenditures price indexMarketWatch - Jan. 11 -
Mortgage rates were expected to fall, but they’re surging. There’s a reason for that.
Rates were supposed to go down — but a strong U.S. economy is getting in the way.MarketWatch - Jan. 11 -
Do you still have to pay your mortgage if your house burns down? Some multimillion-dollar homes may not qualify for disaster relief.
The multimillion-dollar homes burning in the L.A. wildfires may not qualify for mortgage relief.MarketWatch - Jan. 11 -
The unemployment rate for Black women fell in December, following a sharp rise
Black women saw a decline in the unemployment rate in December, as it slipped to 5.4%. That is an improvement from November’s rate of 5.9%.CNBC - Jan. 10 -
Here’s where the jobs are for December 2024 – in one chart
December's job report marked another month of stronger-than-expected growth, with gains coming in many different areas of the U.S. economy.CNBC - Jan. 10 -
Macy's will close 66 stores this year. Here is where they are.
Macy's has released a list of the more than 60 underperforming stores it is closing in 2025.CBS News - Jan. 10 -
Mortgage rates are not rising yet but Reeves has to act
Why Rachel Reeves needs a more detailed growth strategy - and soon.BBC News - Jan. 10 -
U.S. economy adds 256,000 jobs in December, unemployment rate at 4.1%
The final jobs report of the Biden administration has been released. It shows that the U.S. economy added 256,000 jobs in December and that the unemployment rate came in at 4.1%. NBC News’ ...NBC News - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
UK debt market sell-off threatens mortgage pain for households
Some 700,000 borrowers face jump in repayments when fixed-rate deals end this yearFinancial Times - Jan. 10 -
Fed Governor Bowman says December interest rate cut should be the last
Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.NBC News - Jan. 9 -
What's a good home equity loan interest rate in 2025?
With the interest rate climate changing again, it helps borrowers to know what a good home equity loan rate is now.CBS News - Jan. 9 -
Fed Governor Bowman says December interest rate cut should be the last
Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.CNBC - Jan. 9 -
Why two Fed officials doubt the need for many more rate cuts
One official warned that “progress on inflation could continue to stall.”MarketWatch - Jan. 9 -
30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July
Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.The New York Times - Jan. 9 -
Average US long-term mortgage rate inches up to 6.93% for fourth straight increase
The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since JulyABC News - Jan. 9 -
5 ways to save on your mortgage payments this January, according to experts
Saving on mortgage payments could help you start the new year strong. Here's how to get started.CBS News - Jan. 9 -
Researchers rated every S&P 500 company CEO since 2000. Here’s what they found.
CEOs might not be so idolized if we realized that many wash out of the job quickly.MarketWatch - Jan. 9 -
Fed officials saw need for ‘careful approach’ to future rate cuts
Minutes from December meeting show policymakers are concerned about US inflation risksFinancial Times - Jan. 8 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
What's a good CD interest rate in 2025?
CD rates have dropped, but they're still relatively high as 2025 begins. Here's what's considered a good rate now.CBS News - Jan. 8 -
What factors drive mortgage loan interest rates?
The Fed rate decisions aren't the only factor that plays a role in where mortgage rates head next.CBS News - Jan. 8 -
The Secret Sauce to Fixing the N.B.A.’s Ratings Woes
Rivalries spark fireworks, and the league is desperate for a new one, a columnist for The Athletic writes.The New York Times - Jan. 8 -
Fed Minutes May Show Why More Rate Cuts Will Face Hurdles
After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.Inc. - Jan. 8