Federal Reserve Chairman Jerome Powell, testifying at his confirmation hearing on the Hill, soothed markets overnight in a performance worthy of Goldilocks and the Three Bears. Mr Powell noted that the Fed could hike rates to rein in inflation, intended to start the balance sheet run-off sooner rather than later, but also said inflationary pressures […]
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Home buyers may have to wait until 2025 for mortgage rates to decrease. The average 30-year mortgage rate rose to 6.84% last week, continuing its consistent weekly increase since September. The moderate housing market during Read more…
Back in September, South Korean automaker Hyundai (HYMTF) and Detroit Big Three automaker General Motors (GM) announced and signed a Memorandum of Understanding (MoU), an agreement on paper that recognizes the two companies’ interest in a Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Cozy and comfortable are two adjectives that we all want to Read more…