Wall Street is almost certain that the U.S. economy will slip into another recession in 2023. But market analysts have different opinions on what the financial markets will look like over the next 12 months. Goldman Sachs slashed its target for the benchmark S&P 500 Index, to 3,600, projecting another 4 percent drop ahead. The…
Musk Confirms Tesla’s Plans to Build Lithium Refinery in Texas
October 20, 2022
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Business & MarketsCompanieseconomyenergyInvestmentlithium refineryLocal NewsMedia & Big TechRegional NewsRegional-Local NewsTechTech NewsteslaTexasUSUS News
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Tesla CEO Elon Musk has confirmed that the company is pressing ahead with plans to build a lithium refinery in Texas to boost domestic production of the key commodity used in electric vehicle batteries. Musk made the remarks during a Tesla earnings call on Oct. 19, during which he called battery-grade lithium “crazy expensive” and…
Homebuilder Confidence Falls for Record Tenth Straight Month
October 19, 2022
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Business & MarketsCompanieseconomic policieseconomyhome builder sentimentinflationInvestmentMarketsmortgage ratesreal estateUSUS Real Estate
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Home construction companies continue to be stuck in a deep rut, as confidence in the market falls once again this month. Rising mortgage rates and building material shortages have made new housing less affordable for most of the year, pushing away first-time buyers. The National Association of Home Builders (NAHB) reported on Oct. 19 that its monthly…
Homebuilder Confidence Falls for Record 10th Straight Month
October 19, 2022
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Business & MarketsCompanieseconomic policieseconomyhome builder sentimentinflationInvestmentMarketsmortgage ratesreal estateUSUS Real Estate
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Home construction companies continue to be stuck in a deep rut, as confidence in the market falls once again this month. Rising mortgage rates and building material shortages have made new housing less affordable for most of the year, pushing away first-time buyers. The National Association of Home Builders (NAHB) reported on Oct. 19 that its monthly…
Biden Discusses the Bipartisan Infrastructure Law
U.S. President Joe Biden delivers remarks on the Bipartisan Infrastructure Law in Washington. * Click the “Save” button below the video to access it later on “My List.” Follow EpochTV on social media: Twitter: https://twitter.com/EpochTVus Rumble: https://rumble.com/c/EpochTV Truth Social: https://truthsocial.com/@EpochTV Gettr: https://gettr.com/user/epochtv Facebook: https://www.facebook.com/EpochTVus Gab: https://gab.com/EpochTV Telegram: https://t.me/EpochTV …
LIVE NOW: Biden Discusses the Bipartisan Infrastructure Law
U.S. President Joe Biden delivers remarks on the Bipartisan Infrastructure Law in Washington. * Click the “Save” button below the video to access it later on “My List.” Follow EpochTV on social media: Twitter: https://twitter.com/EpochTVus Rumble: https://rumble.com/c/EpochTV Truth Social: https://truthsocial.com/@EpochTV Gettr: https://gettr.com/user/epochtv Facebook: https://www.facebook.com/EpochTVus Gab: https://gab.com/EpochTV Telegram: https://t.me/EpochTV …
In Times of High Inflation, What Happens to Rents?
Commentary In times of high inflation, what happens to rents? Tenants are getting squeezed with higher prices for food, medical care, gas, and everything else, hence they have less money available for paying rent. Will this also create a crisis for rent-collecting landlords that have their own set of mortgage and property-operating expenses? Any other…
Retirement: A Questionable Snapshot of Future Income
By Sandra Block From Kiplinger’s Personal Finance It’s not unusual for savers to ignore their 401(k) statements during market downturns, and that’s not necessarily a bad strategy. If you’re years from retirement, you’ve got plenty of time for your investments to recover, and sticking your statement in a drawer could prevent you from taking actions…
Treasury Department Proposes Climate Data Collection Rule For Insurers
October 18, 2022
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Business & Marketsclimate changeeconomic policieseconomyhome insuranceInvestmentpersonal financePolicies & ImpactsRegional-Local NewsTreasury DepartmentUSUS News
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The Treasury Department announced that it was proposing a new rule that would gather climate risk data from home insurance companies. The proposed changes, which were posted in a Federal Register notice on Oct. 18, require that property and casualty insurers provide data on climate change-related risks, in order to better prepare financial regulations for global…
The I Bond’s High Interest Rate Is About to Expire
The clock is running out on I bond’s record-high interest rate. As of Nov. 1, 2022, the current rate of 9.62 percent will drop. But you’ll need to purchase I bonds by Oct. 28 to take advantage of the current rate. Released by the Treasury Department and backed by the federal government, Series I Savings…
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