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The average rate on the benchmark 30-year home loan fell for the second week in a row, positive news for prospective homebuyers after rates touched a 22-year high just last month

Treasury Secretary Janet Yellen says the United States has no desire to break economic ties with China

The third quarter of 2023 saw $111 billion of cash flows into US-domiciled exchange-traded funds with equity ETFs leading investor interest with almost $80 billion even as domestic equities fell 3.3%.

Bitcoin rose to an 18-month high as expectations of an approval for exchange traded funds to invest in the largest crypto token intensified.

Living life at least partly online is a fact of modern living, but while the youngest Americans are typically tech-savvy with high levels of digital literacy, the oldest cohort is more vulnerable to cybercrimes.

death penalty as Alabama will go ahead with the much talked about execution using nitrogen hypoxia, an alternative method to lethal injection, as confirmed by the state's Republican governor. The method of execution known as nitrogen hypoxia entails the deprivation of oxygen to both the brain and the body, resulting in the demise of the inmate through suffocation. The execution of Kenneth Eugene Smith, initially planned via lethal injection, encountered an unexpected cancellation in November. The state faced challenges in properly establishing the IV line before the execution warrant expired.

Prom Dates," a coming-of-age comedy produced by Kevin Hart's Hartbeat and American High.

Fiat-backed stablecoins are “not a safe store of value,” according to a new research report from the Bank for International Settlements (BIS).

OneCoin’s legal chief pleaded guilty to money laundering and wire fraud charges, according to a statement released today from the U.S. Attorney’s Office for the Southern District of New York.

Investing.com --  The Dow closed lower Thursday, as Federal Reserve chairman Jerome Powell dealt a blow to bets on sooner rather later rate cuts after signaling that the Fed isn't ready to close the curtain on rate hikes.

US Federal Reserve won’t hesitate to tighten policy further if appropriate, said Chair Jerome Powell on Thursday. Speaking at an International Monetary Fund (IMF) conference in Washington, Powell said: “If it becomes appropriate to tighten policy further, we will not hesitate to do so." “We will continue to move carefully, however, allowing us to address both the risk of being misled by a few good months of data, and the risk of overtightening," he added.

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TrendMacro CIO Don Luskin argues the Fed is still 'pretending' the US has an inflation problem even though it's largely been conquered on 'Making Money.'

The Celsius bankruptcy plan has been approved. The path is now clear for customers to see some of their funds returned and receive shares in the reorganized company, which will be called NewCo.

(Reuters) — U.S. authorities on Thursday charged the co-founders of private technology startup Bitwise Industries for their roles in a $100 million fraud scheme, according to federal prosecutors and the Securities and Exchange Commission.

Indian solar panel manufacturers are grappling with the influx of cheaper Chinese imports funnelled through intermediary countries such as Vietnam, Malaysia, and Singapore as Chinese companies exploit Free Trade Agreement (FTA) loopholes to export to India. Despite New Delhi's imposition of a 40% customs duty on solar modules and 25% on solar cells in April 2022 to boost domestic production and reduce Chinese imports, companies in China are finding ways to bypass these high tariffs and continue supplies to Indian solar farm developers. The Chinese companies have effectively utilised this strategy in the past to evade local tariffs, as demonstrated by a year-long investigation in August 2023 by US federal authorities, which revealed that five Chinese solar panel firms had circumvented tariff regulations by channelling their operations through countries such as Cambodia, Malaysia, Thailand, and Vietnam. Following the imposition of tariffs, direct Chinese exports to India have declined, but from April to August 2023, imports of solar panel modules from Vietnam and Malaysia have surged, accounting for 60% of all such imports into India, with majority of these products originating from Chinese companies. Indian manufacturers say the imports are hurting domestic industry as the Chinese firms are resorting to dumping their products by misusing the FTA route.

DFW housing and macro econ analyst Amy Nixon discusses the future of the housing market on Making Money.

Former Deputy Assistant Treasury Secretary Christine McDaniel discusses Janet Yellen's trip to China, the Biden administration's 'Bidenomics' tour and the UPS, Teamster labor talks.