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War in the Middle East hit financial markets with gusto this week. Stocks dropped, but the bigger story was crude oil, which soared 36 percent for West Texas Intermediate to over $90 per barrel and by 27 percent for Brent, the largest percentage increases on records back to 1983 and 1991, respectively, per the


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Last week, the average for 30-year fixed mortgage rates dropped below 6 percent for the first time in three and a half years. Freddie Mac reported that as of February 26th, the 30-year rate was 5.98 percent, down from 6.76 percent a year ago, and significantly lower than the recent peak ...


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With almost two months of the year behind us, it’s time to check in on the so-called “no-hire, no-fire” labor market. Although there have been announcements of layoffs, the most recent employment report was good. The government said the economy added 130,000 positions in ...


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The months-long beauty contest is over: President Trump has named Kevin Warsh to succeed Jerome Powell as Federal Reserve Chair. Before explaining why you should care, a quick rundown of Warsh’s resume.

He served as Fed Governor during the financial crisis (200...


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