President Donald Trump Tuesday signed two executive orders to revive the American dream of homeownership, cutting red tape that has made mortgages harder to obtain and more expensive for millions of Americans.
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US Pending Home Sales Unexpectedly Rebound
Contracts to purchase previously owned U.S. homes unexpectedly increased in February amid a decline in mortgage rates, but further gains are likely to be limited by the war in the Middle East that is raising oil prices and fanning inflation fears.
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Cuba Invites Exiles to Invest in Businesses
Cuba on Monday extended an invitation to Cuban Americans and other exiles living abroad to invest in and own businesses on the island, saying the "doors are open" to a community that has traditionally agitated for harsh economic sanctions against the Communist...
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Fed's 'Transitory' Inflation Keeps Colliding Into Shocks
A series of supply setbacks has kept prices above target for five years. Now officials have to put a number on what that means for interest rates.
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Raising FDIC Insurance Cap Would Help Smaller Banks Compete With the Big Guys
When the Trump Administration and Senator Elizabeth Warren agree, a skeptical eye is warranted - consider their opposition in 2024 to Nippon's acquisition of US Steel. Yet, sometimes they are on to something good - like raising the ceiling on FDIC deposit insurance.
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Manufacturing Output, Homebuilder Sentiment Rise
U.S. factory production increased marginally in February as manufacturing remained constrained by tariffs on imports, and the conflict in the Middle East could raise operating costs.
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