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Trump hails "booming investment" in Detroit while auto manufacturing jobs have fallen every month since Liberation Day
2+ mon, 4+ week ago (354+ words) The current story in U. S. manufacturing shows that an economy can look strong and remain so without adding workers. Standing in the car-making capital of the world, the President spent nearly an hour detailing an $18 trillion global investment surge and a…...
Oil prices volatile as Trump talks up Iran negotiations
2+ week, 5+ day ago (538+ words) Oil prices remained volatile on Wednesday, as the US and Iran clashed over what terms might bring the conflict in the Middle East to an end. Brent crude rose to $101 a barrel at midday in the US before falling back…...
Billionaire Investor David Einhorn Has a Big Warning for Stock Investors
2+ mon, 1+ week ago (875+ words) David Einhorn made a name for himself as an investor making big short sales and investing in macroeconomic trends. His most recent letter to investors explains his thoughts about the U. S. stock market right now. Investors should focus on a specific…...
Trump's 'Liberation Day' Tariffs After A Year: Why The Promised Manufacturing Boom, 'Economic Independence' Never Arrived
3+ day, 21+ hour ago (440+ words) A year after President Donald Trump proclaimed a "golden age" of growth after introducing "Liberation Day" tariffs, a new Cato Institute study reveals that his sweeping duties have delivered higher consumer prices and bureaucratic chaos rather than the promised "economic…...
Fed's Goolsbee uneasy on inflation as Iran war lifts oil prices
6+ day, 1+ hour ago (1666+ words) Austan Goolsbee, president and CEO of the Federal Reserve Bank of Chicago, sees some weakness in the U. S. economy now and he's personally uneasy about the possibility of inflation heating up as the Iran war continues. But he remains "hopeful, slash…...
Sallie Mae Bank CD Rates and Terms for 2025
1+ year, 3+ day ago (604+ words) Sallie Mae has an app for i OS and Android, making it easy for you to track your savings and make mobile deposits. The online bank also offers an array of CDs with competitive yields. Are Sallie Mae's CDs worth…...
Chicago Fed's Goolsbee 'nervous' about impact of oil shock on economy
6+ day, 20+ hour ago (361+ words) Chicago Federal Reserve Bank president Austan Goolsbee said Tuesday he's concerned that the oil shock from the Iran war could potentially drive up prices in a "stagflationary way." Goolsbee stressed that the oil price shock comes as tariffs were working…...
HELOC rates fall near 7% as home equity loan rates hold the line
3+ week, 2+ hour ago (564+ words) A big drop in HELOC rates in the latest week. The $30, 000 home equity line dropped 13 basis points to 7. 04%, its lowest level since 2022, according to Bankrate's national survey of lenders. In contrast, the five-year $30, 000 home equity loan was unchanged, holding at…...
HELOC rates hit lowest level in more than three years as Fed stands pat on rates
3+ week, 5+ day ago (596+ words) A slight drop in HELOC rates for the week, as the Federal Reserve left interest rates unchanged at its second meeting of 2026. The $30, 000 home equity line dipped one basis point to 7. 17%, the lowest it's been in three-plus years, according to…...
Could war in the Middle East lead to rising food costs in NI?
3+ week, 2+ hour ago (639+ words) First energy bills, then petrol prices. Now the cost of food could be the next price jump as a result of the war in the Middle East. Nitrogen-based fertilisers are an essential part of modern farming " farms globally would produce…...
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