Elon Musk appears to have placed the Federal Reserve in the crosshairs of the Department of Government Efficiency (DOGE). In a posting on X this morning, Musk responded to a tweet regarding Fed Chairman Jerome Powell’s leadership by commenting, “The Fed is absurdly...
The Federal Reserve announced its third consecutive rate cut, with a 25-basis-point slice that brings the federal funds rate down to the range of 4.25% to 4.5%. The decision by the central bank’s policy making Federal Open Market Committee had one dissenter –...
The current and incoming chairmen of the House Financial Services Committee sent letters to financial regulatory agencies within the Biden administration warning them about last-minute “finalizing partisan rulemakings” ahead of the arrival of the Trump administration....
Jerome Powell can relax – President-elect Donald Trump stated he would not try to replace him before his terms as Federal Reserve chairman ends in May 2026. In an interview broadcast on NBC’s “Meet the Press,” moderator Kristen Welker pressed Trump on retaining...
National Association of Realtors (NAR) Chief Economist Lawrence Yun is projecting an 11% higher level of new home sales in 2025 and 8% higher level in 2026, with the median home price forecast to be 2% higher in both 2025 and 2026. “Maybe the worst is coming to an...
FBI Investigating Lurin Capital Amid Multifamily Collapse
