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News
Goldman Sachs, JP Morgan expect September Fed hike as inflation lingers
3+ hour, 58+ min ago (366+ words) Sept 14 (Reuters) - Goldman Sachs and J.P. Morgan now expect the U.S. Federal Reserve to raise interest rates this week after a string of stronger-than-expected inflation readings challenged hopes that price pressures would continue to ease without additional policy tightening. The Wall Street…...
South Florida truck fleets get squeezed as diesel nears record, food bank's fuel bill hits $121,000
5+ hour, 38+ min ago (402+ words) Rising diesel prices are putting pressure on South Florida's trucking networks — and the effects are extending far beyond freight companies. For Feeding South Florida, the spike has turned a routine operating expense into a growing threat to food deliveries across…...
US diesel hits record $5.98 as Iran war drives up costs from milk to lumber
15+ hour, 8+ min ago (599+ words) AAA says the national average for diesel reached an unprecedented $5.98 per gallon on September 10, a new high for a fuel whose effects stretch well beyond filling stations. The increase is likely to reach people who never purchase diesel directly, showing…...
Mortgage lending standards are so tight that homebuyers must have ‘pristine’ credit histories, study says, as sales head for 31-year low
1+ day, 5+ hour ago (81+ words) "These changes helped to reduce delinquencies and defaults but also made it more difficult for many Americans to qualify for a mortgage."...
Bank Multifamily Delinquencies Dip as Credit Losses Rise
1+ day, 6+ hour ago (67+ words) Bank multifamily delinquencies fell to 1.41% in Q2 2026, but 90-day delinquencies and charge-offs rose as NOI pressure persisted....
4 Reasons Vacation Homes Are 'Over' and Not Worth It Anymore
1+ day, 22+ hour ago (520+ words) Getting (or keeping) a second home is no longer a first-world problem. It's now a 1% problem. Millions of Americans cannot afford to buy a first home, and so obviously they cannot afford to buy a second home intended solely as…...
Peter Schiff Warns 25-Basis-Point Hike Would Do 'Nothing': 'They Should Raise Rates By a Lot More"
3+ day, 9+ hour ago (40+ words) Investor Peter Schiff said he doesn’t believe the Federal Reserve will raise interest rates next week, arguing that even if it does, a quarter-point move would do nothing to curb inflation in an environment of surging commodity prices. ‘They Should......
17 States Where Mortgage Debt Hits the Average Household Hardest
3+ day, 2+ hour ago (243+ words) Think your mortgage is bad? There are 17 U.S. states where the mortgage debt per household is more than $100,000, according to a new MoneyLion study. Additional key findings reveal there are 29 states, or more than half of America, where mortgage debt has…...
Consumers are already on their holiday shopping grind, set to outspend 2025
2+ day, 10+ hour ago (275+ words) Even though back-to-school shopping just wrapped, consumers may already be checking off holiday wishlists in September, according to a new Accenture survey. Accenture Global consumer goods, retail, and travel lead Kath Gramling comments on how early shoppers may already be…...
Fed Rate Hike Close To A Lock; Clarity Act Vote Looms: Week Ahead
2+ day, 16+ hour ago (69+ words) A Federal Reserve rate hike is likely while the crypto Clarity Act faces long odds with a Senate vote on deck. Salesforce holds its Dreamforce conference. Oops, something went wrong Fed Rate Hike Close To A Lock; Clarity Act Vote…...