Will the Fed Surprise Markets With a Rate Cut Today?

Will the Fed Surprise Markets With a Rate Cut Today?

Let’s cut straight to the chase: barring a truly seismic and unexpected economic shockwave, the Federal Reserve is almost certainly not going to surprise markets with a rate cut today, January 28,... Read more »
Bankrupt Billionaire’s Lavish Gilded Age Mansion Has Price Cut by  Million After He Was Jailed for Scamming Investors Out of .3 Billion

Bankrupt Billionaire’s Lavish Gilded Age Mansion Has Price Cut by $14 Million After He Was Jailed for Scamming Investors Out of $1.3 Billion

A disgraced billionaire-turned-convicted-fraudster’s lavish Gilded Age mansion has undergone a $14 million price cut after he was found guilty of scamming “his loyal followers” out of more than $1 billion to fund... Read more »
One of America’s Biggest Homes Has Asking Price Cut by a Staggering  Million

One of America’s Biggest Homes Has Asking Price Cut by a Staggering $40 Million

A Beverly Hills, CA, megamansion, which boasts an eye-watering 50,000 square feet with nearly every amenity imaginable, has received an equally shocking price cut: $40 million off its last asking price. The... Read more »
Iconic Key Largo Waterfront Estate Designed To Feel Like a Luxury Cruise Is Relisted for .38 Million After Price Cut

Iconic Key Largo Waterfront Estate Designed To Feel Like a Luxury Cruise Is Relisted for $11.38 Million After Price Cut

A custom-built, waterfront mansion in Key Largo, located at the tip of a human-made throughway known as Adam’s Cut Waterway, has just hit the market for $11,380,000. Offering a shortcut for anyone... Read more »
Rare Coastal Ranch With Six-Stall Stable and a Vineyard in Carpinteria Returns to Market After  Million Price Cut

Rare Coastal Ranch With Six-Stall Stable and a Vineyard in Carpinteria Returns to Market After $5 Million Price Cut

Set against the sweeping backdrop of Southern California’s Central Coast, a rare and extraordinary estate has reentered the market after a $5 million price cut. The 10-acre Mediterranean-inspired ranch at 338 Toro... Read more »
Why Your Loan Payment Isn’t Budging Despite Recent Fed Rate Cut

Why Your Loan Payment Isn’t Budging Despite Recent Fed Rate Cut

It’s a common frustration: you hear on the news that the Federal Reserve has cut interest rates, and you’re hopeful your loan payment might finally get a little cheaper. But then, when... Read more »
November inflation report fuels optimism for Fed interest rate cut

November inflation report fuels optimism for Fed interest rate cut

The likelihood of a third Federal Reserve rate cut got higher with Wednesday’s Consumer Price Index from the U.S. Bureau of Labor Statistics, which met expectations from economists on inflation. Headline inflation... Read more »
Latest Inflation Data Ups the Odds For December Fed Rate Cut

Latest Inflation Data Ups the Odds For December Fed Rate Cut

Progress in taming inflation slowed in October, but futures market investors think the latest numbers up the odds of another Federal Reserve rate cut next month. Whether it’s refining your business model,... Read more »
Fed rate cut brings more mortgage biz to JPMorgan, Wells Fargo. But is it sustainable?

Fed rate cut brings more mortgage biz to JPMorgan, Wells Fargo. But is it sustainable?

Mortgage business has increased recently for Wells Fargo head Charlie Scharf, left, and JPMorgan Chase CEO Jamie Dimon, but will it last? JPMorgan Chase and Wells Fargo are starting to feel the... Read more »
Powell on Fed’s Thoughtful Approach to Cut Interest Rates

Powell on Fed’s Thoughtful Approach to Cut Interest Rates

In a striking commentary on the current state of the economy, Federal Reserve Chair Jerome Powell reaffirmed that the Federal Reserve is in no rush to cut rates. This perspective reflects a... Read more »