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Mortgage forecast this week: Fed holds stable interest rates amid economic uncertainty

Mortgage forecast this week: Fed holds stable interest rates amid economic uncertainty

The Fed kept interest rates stable at its monetary policy meeting this week – despite inflation, increased unemployment and slowing economic growth could force central banks to lower interest rates in late spring or early summer. The key question for investors is how the Trump administration's economic tightening measures and tariffs will affect the Fed's…

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Elon Musk

Elon Musk

Tesla and SpaceX CEO Elon Musk said his protests against his electric car companies are increasing. “What shocked me is that there is this hatred and violence in the left,” the tech billionaire said in an interview with Fox News host Sean Hannity on Tuesday. “I think the left should be empathetic, caring for the…

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Los Angeles' budget shortage is close to  billion; layoffs are “almost inevitable”

Los Angeles' budget shortage is close to $1 billion; layoffs are “almost inevitable”

Financial problems in Los Angeles amid a full-scale crisis Wednesday, with the city’s top budget officials declaring that next year’s shortfall is now well below $1 billion, making layoffs “almost inevitable”. City Administrative Official Matt Szabo suggested that the city council focus on cost cuts, including potentially reducing the size of the workforce, to bring…

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