April 13, 2025

Economy

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Mortgage

Mortgage Advisor Joe Cucchiara Shares His Insights on Navigating Mortgage Market Volatility, Housing Supply, & More

  • April 11, 2025

Chris Gallagher  |  Contributor The U.S. mortgage market has been on a rollercoaster ride over the past few years, thanks to economic uncertainties, policy shifts, and global financial pressures. As individuals move through 2025, volatility remains a defining characteristic, influencing everything from home affordability to refinancing trends.  Joseph Cucchiara (Joe), who is a part of

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Funds

How have tariffs affected CALPERS, CALSTRS

  • April 9, 2025

Adam Ashton  |  CalMatters Hands Off protest against Trump, Musk in Palm Springs People gather at Palm Springs City Hall on Saturday, April 5, 2025, to protest the actions of the Trump administration, including Elon Musk’s role. This story was originally published by CalMatters. Sign up for their newsletters. The investment chief who’s responsible for the retirement plans

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Finance

U.S. Trade Rep. testifies on tariffs: Key takeaways from hearing

  • April 9, 2025

China vows to ‘fight to the end’ on President Trump’s tariffs President Donald Trump threatened China with more tariffs after they put a 34% tariff on U.S. imports. Video shows key takeaways, tense moments from April 8 Senate Finance Committee hearing on tariffs Trump has announced reciprocal levies on trading partners U.S. Trade Rep. Jamieson

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Banking

How Crypto Bills Could Hand Big Tech the Keys to Banking

  • April 4, 2025

On Wednesday, a stablecoin bill called the STABLE Act advanced through the House Financial Services Committee, increasing the likelihood that Congress will pass a law this year cementing stablecoins’ as a global financial tool. Proponents argue that stablecoins help the U.S. preserve the global centrality of the dollar, while allowing people worldwide to transact more

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Investment

Investment advisors urge caution in face of Trump tariffs

  • April 3, 2025

Investors fear that the tariffs will cause inflation to accelerate and economic growth to slow. Financial advisors urge caution, noting that many of the effects are yet to be seen. “Right now, there are so many questions,” Catherine Valega, a wealth manager at Burlington-based Green Bee Advisory. “We’re talking about US exceptionalism — is that

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Finance

How to finance blacklisted Fannie Mae condos – Orange County Register

  • April 3, 2025

Fannie Mae tightened the screws on every condo association in America after the 2021 Chaplain Towers collapse in Surfside, Florida, where 98 lives were tragically lost. Financial and operational standards must be met, or the association is blacklisted. That’s budgeting, financial reserves, acceptable property maintenance and the like. In industry parlance, these blacklisted associations are

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Investment

Small Caps Are a Risky, but Worthy, Bet Under Trump

  • March 29, 2025

Even when large-cap stocks lose, they still find a way to win. It’s been a rocky year for the S&P 500, but the mega-cap-heavy index has still easily beaten its peers with a relatively modest 5.2% loss. For comparison, the mid-cap-dense S&P 400 and small-cap-oriented S&P 600 have sold off by 6.9% and 10%, respectively,

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Banking

Questrade inches closer to winning Canadian banking licence

  • March 28, 2025

Questrade Financial Group Inc. moved a step closer to obtaining a banking licence in Canada, entering the final phase of a rigorous process to earn approval from the federal banking regulator. The Office of the Superintendent of Financial Institutions, or OSFI, published a notice on Friday that said the government had issued letters patent –

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Investors

Sock market edges down at open on inflaton and tariff worries

  • March 28, 2025

Tesla trade-ins hit record high amid Elon Musk controversy Tesla trade-ins have reportedly hit a record high amid a brand crisis linked in part to CEO Elon Musk’s involvement in the Trump administration. According to the Washington Post, Teslas made up 0.4% of all vehicles traded at traditional dealerships a year ago. That figure doubled

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Banking

Barclays layoffs to cut 78 jobs in North Jersey at banking giant

  • March 26, 2025

2-minute read Filing for New Jersey unemployment guide Step-by-step guide to navigating New Jersey’s unemployment filing process online. Megan Fernandes and Katie Sobko, NorthJersey.com Barclays indicated that the layoffs this summer were being done to “align staffing to current and expected business needs.” In 2024, the British banking firm laid off 70 people in Whippany,

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