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These Home Sellers Are Done Waiting for the Fed to Lower Rates
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Could lower swing-state inflation rates help Biden and hurt Trump?
Inflation in several battleground states in the 2024 election is below the national average — in some cases by more than a full percentage point — as food prices retreat even while housing costs stay hot, according to an analysis of regional Labor ...The Hill - Politics - Joe Biden -
Fed’s Bowman says she’s still willing to raise rates
“I remain willing to raise the federal funds rate at a future meeting should the incoming data indicate the progress on inflation has stalled or reversed,” Fed Governor Michelle Bowman said Friday.MarketWatch - Business -
Fed and ECB divergence on rate cuts could spell trouble for the euro, economist says
The prospect of the ECB diverging from the Fed on rate cuts is likely to be "particularly negative" for the euro area, according to one economist.CNBC - Business - Federal Reserve -
Treasury Yields Fall on Weaker-Than-Expected Payrolls
Treasury yields fell, push down by weaker-than-expected payrolls.The Wall Street Journal - World -
1 dead in home explosion in New Jersey
At least one person is dead after a house exploded Thursday in New Jersey.NBC News - Top stories -
Pregnant woman found stabbed to death in home: Authorities
Los Angeles County Sheriff's deputies found the victim after responding to a residence in Palmdale, California, Tuesday night to conduct a welfare check.ABC News - Top stories -
Remote coastal homes for sale in Great Britain – in pictures
From a cottage built into sand dunes with its own ‘stargazing room’ to an eco cabin-style home in a walker’s paradise Continue reading...The Guardian - World -
RAAC concrete house was meant to be our forever home
Many of Scotland's former council houses contain RAAC concrete but their owners are struggling to get help.BBC News - Top stories -
Trump’s dot plot for the Fed
The former president nominated Jay Powell, and to him there are few things worse than having loyalty betrayedFinancial Times - World - Donald Trump -
Weaker-Than-Expected Payrolls Push Down Dollar
The dollar weakened, with the WSJ Dollar Index down, as April jobs report missed expectations.The Wall Street Journal - World
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Bombardier Sets Course Beyond Jet Making for Future Growth
The Canadian business-jet manufacturer said it plans to focus on three segments—defense, aftermarket services and selling pre-owned certified aircraft—as key pillars to grow its revenue and cash reserves in the coming years.The Wall Street Journal - World