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Treasury secretary says countries without trade deals will see tariffs 'boomerang' to April rates by Aug. 1
Steep tariff rates are set to go back into effect after a 90-day pause on the April 2 rates that rocked the stock market.
Bessent: Trump tariffs set to ‘boomerang back’ to higher rates if deals not reached
Treasury Secretary Scott Bessent said on Sunday that countries will see their respective tariff rates “boomerang back” on Aug ...
Bessent teases new Aug. 1 deadline for tariffs, says Fed chair can’t cut rates like Trump wants
Treasury Secretary Scott Bessent revealed that the Trump administration is now eyeing Aug. 1 as the date to slap the ...
Refinance applications surge as mortgage interest rates tick down
Americans saw a chance to save a few dollars on their monthly mortgage payments and took it, pushing refinance applications ...
Trump eyes simple tariff rates over complex talks, says letters going out Friday
Acknowledging the complexity of negotiating with over 170 nations, Trump told reporters before departing for Iowa on Thursday ...
The pros and cons of rewards cards with high interest rates
If more than two years have passed, you still may get more tax relief than you think. In most states, when a spouse dies, one ...
Trump says Powell costs US $900B a year in interest by not cutting rates. Is he right?
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
Exclusive-Russia's VTB to gain billions of roubles if interest rates come down, CFO says
By Elena Fabrichnaya ST PETERSBURG, Russia (Reuters) -Every 1% cut in central bank interest rates gives Russia's VTB Bank an ...
Will lower mortgage rates save California’s housing market?
A May buyer’s estimated house payment of $4,700 is off 3% in a year. Still, that burden has tripled in 10 years.