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Mortgage rates are surging ahead of the Fed’s expected rate cut. What gives?
Mortgage rates are rising sharply even though the Federal Reserve is expected to cut interest rates later this week. That’s contrary to how rates traditionally have moved ahead of anticipated Fed cuts. Typically when the Fed is expected to keep cutting rates, financial markets factor in the move, and traders then push the 10-year Treasury…
Julian McMahon, star of ‘Nip/Tuck’ and ‘Fantastic Four’ dies at 56
Actor Julian McMahon, who was known for playing Dr. Doom in the early 2000s “Fantastic Four” movies and starring in fan favorite shows including “Nip/Tuck” and “Charmed,” has died. He was 56. McMahon “died peacefully this week after a valiant effort to overcome cancer,” his wife, Kelly McMahon, said in a statement. “Julian loved life….
ABC News Overhauls ‘GMA3′ Anchors
It’s time for a fourth grouping of anchors at ABC News’ “GMA3.” The Disney-backed news outlet is overhauling — yet again — the anchor lineup for the afternoon hour, this time likely giving more air time to various anchors and correspondents from “Good Morning America,” including weekend hosts such as Gio Benitez orthe weekday broadcast’s…
Elon Musk warns America will ‘1,000%’ go bankrupt, ‘fail as a country’ due to crazy debt — but says there’s a force that can save us. Protect yourself
Tesla CEO Elon Musk has just issued a dire warning for Americans. In a Feb. 5 appearance on the Dwarkesh Podcast, Musk said America is barreling toward bankruptcy as its national debt continues to climb. “We are 1,000% going to go bankrupt as a country and fail as a country, without AI and robots,” he said….
Millions of jobs vulnerable as ‘silver tsunami’ looms over US small businesses, experts warn
A looming “silver tsunami” of retiring baby boomer business owners could dramatically reshape America’s small-business landscape. Nearly half of U.S. small-business owners are 55 or older, yet just 54% have a succession plan in place — setting the stage for a potential retirement shock that could leave many companies vulnerable over the next decade, according…
Tesla says Musk should be paid $1tn – will shareholders agree?
Ahead of Tesla’s annual general meeting (AGM) on Thursday there’s been one key message the electric car-maker has been hammering home to shareholders: the boss is worth $1tn. It has taken out digital ads to make the case for Elon Musk’s proposed bumper pay package, while Votetesla.com features a video of board chair Robyn Denholm…