Will Rising Interest Rates Sink the Crypto Ecosystem?

But there are also significant structural and transparency differences in crypto that make an impact. Most of all, a conventional startup with high spending in excess of income, or “burn rate,” will s...

U.S. Homebuyers Are Getting Discouraged by Rising Rates and Prices

(Bloomberg) — Potential homebuyers are getting discouraged by rising mortgage rates and home prices, according to a survey released on Monday by the New York Federal Reserve. Most Read from Bloo...

Stocks Fall, Rates Climb Ahead Of Big Earnings Week That Includes Netflix And Tesla

Topline The stock market moved lower on Monday—extending a recent losing streak—while rates surged ahead of a big week of quarterly earnings results, with investors remaining nervous about the impact ...

Decade-High Mortgage Rates Pose Threat to Spring Housing Market

U.S. housing sales are heating up again this spring, but the highest mortgage rates in more than a decade threaten to cool the sales pace that has gripped the market for nearly two years. Home sales r...

Bitcoin Risk-Reward Calculation is Being Upended by Rising Rates

(Bloomberg) — A funny thing happened to Bitcoin as interest rates started to rise: trading volumes went way down. Now market-watchers are grappling with the implications and what a world of less...

Single mom sues coding boot camp over job placement rates

A single mom who signed up for a $30,000 income-share agreement at a for-profit coding bootcamp has filed a lawsuit in California, alleging she entered the agreement under “false pretenses.” Redmond, ...

Gold price forecast amid a sharp rise in US real rates

Gold price moved back above $2,000 for a short period in 2022, threatening to break the all-time high made in 2020. For close to two years, the yellow metal trades in a $200 range, and many investors ...

Mainland China Stock Market Falls, PBoC Leaves Interest Rates Unchanged

Mainland China stock market felt the impact of a renewed Covid outbreak in the region, while the central bank refrained from cutting interest rates. Mainland China stock market, as well as stocks in m...

Mortgage rates soar to highest level in over a decade — even wealthy home buyers are feeling the pain

Mortgage rates are soaring, and no one is being spared. The average rate on a 30-year fixed-rate mortgage was 5% as of the week ending April 14, representing an increase of 28 basis points from the pr...

Bank of Japan’s CBDC Will Not Be Used to Combat Negative Rates

Japan is experimenting with the possibility of launching a digital version of its currency in a bid to rein in cryptocurrency usage. The latest insights from the central bank have revealed that the ce...

As mortgage rates climb, one big thing homebuyers should consider doing now

Is a mortgage rate lock right for you? Getty Images Mortgage rates will likely rise throughout 2022, many experts predict. Indeed, both Holden Lewis, home and mortgage expert at Nerdwallet, and Jeff O...

Three value stocks that can provide safety as interest rates rise

Stocks have been on a rocky road this year, as investors have tried to anticipate every possible move by the Federal Reserve to combat inflation. Value strategies have held up better than growth strat...

China inflation makes it harder for PBOC to cut interest rates US Fed

Transportation fuel prices rose by 24.1% in China in March 2022 from a year ago, the largest increase within the country’s consumer price index. Vcg | Visual China Group | Getty Images BEIJING —...

The housing market is running hot. Can the Fed cool it before it crashes?

When the “Bond King” Bill Gross sat down recently with Barry Ritholtz for an episode of “The Big Picture” podcast, the billionaire investor and PIMCO founder took a pretty skeptical view of who might ...

CME Adds Reference Rates for Solana, Cardano, Polygon and Other Altcoins

Cardano (ADA), Solana (SOL), Polkadot (DOT), and several other popular altcoins will have reference rates and real-time indices—which could lay the groundwork for more ETFs and derivative products—by ...

CME To Offer Reference Rates For 11 Altcoins Including Cardano, Solana And Polkadot 

As this month approaches its end, popular altcoins such as Solana(SOL), Cardano(ADA), and Polkadot(DOT) will have real-time indices and reference rates that would lay the foundation for more derivativ...

Here’s a look at inflation-fighting pros, cons of Fed raising rates

A customer shops at at a grocery store on February 10, 2022 in Miami, Florida. The Labor Department announced that consumer prices jumped 7.5% last month compared with 12 months earlier, the steepest ...

Economic slowdown has to be ‘dramatic’ as Fed raises interest rates: top economist

Seth Carpenter, Morgan Stanley chief economist and former Federal Reserve deputy director of monetary affairs, thinks there is no way around a sharp slowing of the economy as the Federal Reserve embar...

As Mortgage Rates Rise, Home Sellers Fear Time Is Running Out to Cash In

Blood pressure is now rising along with home prices and mortgage rates as homeowners fear missing out on the right moment to stake the “For Sale” sign in the front yard. The mood among sellers seems t...

As mortgage rates surge higher, these home buyers are being pushed out of the market

The steep upward climb in mortgage rates still isn’t showing any signs of stopping. The average rate on a 30-year fixed-rate mortgage was 4.72% as of the week ending April 7, Freddie Mac FMCC, -0.03% ...

Bitcoin Funding Rates Remain Unmoved Despite Market Trend

Bitcoin funding rates have been less than encouraging even when the digital asset was on an uptrend. This indicated that perp traders were not actually feeling the market or the recent recovery enough...

Fed primed to jack up interest rates in 1/2-point steps if inflation stays high

The Federal Reserve signaled its plans to increase a key U.S. interest rate by 1/2 percentage point steps at upcoming meetings if inflation remains high or gets even worse, according to minutes of the...

US mortgage interest rates hit 5%, good news for housing market — Quartz

After falling to historic lows last year, mortgage rates are rising sharply. On April 5, they hit their highest point in more than a decade with the average US interest rate for a 30-year fixed-rate m...

Fed to hike rates ‘higher than the markets expect’

The head of the largest U.S. bank said markets are underestimating the speed by which he expects the Federal Reserve to raise interest rates. In a letter to shareholders released Monday, JPMorgan Chas...

Ukraine war, inflation and need for higher interest rates creating ‘unprecedented’ situation, says Jamie Dimon

JPMorgan Chase & Co. CEO Jamie Dimon said the Western world faces “challenges at every turn” but the U.S. economy remains strong, according to his annual letter to shareholders. JPMorgan’s JPM, +0...

Cathie Wood Urges Caution About Fed Raising Rates

The asset manager Cathie Wood, chief executive of Ark Wealth Management, has expressed opposition to much more in the way of interest-rate increases from the Federal Reserve. Her thoughts came in a we...

4 economists and real estate pros on exactly when mortgage rates will hit 5%

Pros expect that higher mortgage rates will cool the housing boom somewhat. Getty Images/iStockphoto If mortgage rates continue on their current trajectory, some experts predict 30-year fixed rates co...

Is a yield curve inversion a foreboding sign for mortgage rates? Does it really signal a recession? Economists weigh in.

For a moment this week, the bond market flashed a signal that some associate with impending recessions. Home buyers need not worry just yet, according to economists. On Friday, the 2-year rate, which ...

U.S Mortgage Rates Surge for a Third Consecutive Week

In the week ending March 31, 2022, mortgage rates rose sharply for a third consecutive week. 30-year fixed rates jumped by 25 basis points to 4.67%. 30-year fixed rates surged by 26 basis points in th...

As the Fed Raises Interest Rates, and Other Central Banks Don’t, What Will That Mean for U.S. Stocks?

The Federal Reserve’s recent decision to begin raising interest rates stands in contrast to many other central banks around the world, which are keeping their baseline interest rates flat or lowering ...

Is the Housing Market Going to Crash? With Rising Mortgage Rates and Sky-high Home Prices, First-Time Buyers Are Being Locked Out

When Kellie Stofko and her fiancé, Liam McRae, started house hunting last August, it was with the vision of trading their 800-square-foot Atlanta apartment for a roomier home of their own in time for ...

Mortgage rates soar past 4.5%

Mortgage rates are closing in on 5% faster than anticipated, hitting their highest level since December 2018 this week. The rate on the average 30-year fixed mortgage increased to 4.67%, up from 4.42%...