Weekly mortgage demand surges 14% higher as interest rates hit two-year low
Mortgage rates don’t follow the Fed exactly, but they are influenced by policy and could move on Wednesday’s news.
Harris pledges to ‘earn the vote’ of Black men, as Trump makes gains
Vice President Kamala Harris cited proposals like a small business tax deduction and eliminating medical debt from credit scores in a pitch to Black voters.
Elon Musk says SpaceX will sue FAA for ‘regulatory overreach’
SpaceX CEO Elon Musk threatened to sue the FAA after the agency said it would levy fines on the company for licensing and safety-related violations.
Trump, who signed SALT deduction cap into law, now vows to ‘get SALT back’
Donald Trump made the promise about state and local taxes in a Truth Social post attempting to court New York voters to back him in the presidential election.
The Fed’s biggest interest rate call in years happens Wednesday. Here’s what to expect
While markets have made up their mind that the Fed is going to cut, there’s a vigorous debate over how far policymakers will go.
Latinas contributed $1.3 trillion to U.S. economy, new report says. That number could be even bigger
A recent report funded by Bank of America revealed that Latinas contributed $1.3 trillion to U.S. GDP in 2021, and some economists think it could be more.
SpaceX Starlink has 2,500 airplanes under contract after United megadeal, director says
SpaceX nearly doubled its backlog of Starlink in-flight Wi-Fi orders with last week’s United Airlines deal.
Harris-Trump election has Big Tech ‘at a crossroads’ after slump in dealmaking
With regulators making it hard for large tech companies to do significant deals, M&A transaction volume in the industry continues to drop.
Former Dallas Fed President Kaplan advocates for a half-point interest rate cut
Making the bolder move of 50 basis points would better position policymakers heading into the latter part of the year, Kaplan told CNBC.
Meta bans RT, days after U.S. accuses Russian outlet of disinformation
U.S. officials on Friday accused RT of carrying out covert information warfare operations around the world as an arm of Russia’s spy agencies.
