Worried Fed - QuikReader

Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts

With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.

Business - CNBC - 15 hours ago

As Fed rate cuts continue, here’s where to find CDs that are actually increasing their yields

The general trend since September has been lower CD yields, but some are going in the opposite direction

Business - MarketWatch - 15 hours ago

S&P 500, Nasdaq close at records and extend postelection rally as Fed cuts rates

The S&P 500 and Nasdaq rose Thursday, extending Wall Street’s rally in the wake of President-elect Donald Trump’s victory, as traders weighed the latest rate cut from the Federal Reserve.

Fed Chair Powell says he won't resign if Trump asks him to step down

Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald Trump.

Politics - CBS News - 15 hours ago

Trump chooses Susie Wiles as White House chief of staff

President-elect chooses his 2024 campaign manager in first appointment to major role in administration

World - Financial Times - 12 hours ago

How Orbán seized the Trump moment to speak for Europe

Also in this newsletter: Italy’s second attempt to ship migrants to Albania

World - Financial Times - 5 hours ago

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