August 11, 2025

Economy

Investors

As Trump lobs criticism at the Fed, investors watch and wait

Benzinga  |  Detroit Free Press Trump slams Fed chair as interest rates hold steady amid tariff fears President Donald Trump criticized Federal Reserve Chair Jerome Powell after the Fed held rates steady, citing risks from Trump’s expanding tariffs. The president labeled Fed chair Jerome Powell ‘too late’ and ‘an American disgrace,’ arguing that the Fed’s

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Loans

PCC: Federal loans no longer offered starting in fall | Local News

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Loans

Government-backed loans fuel private equity takeover of Florida mobile home parks

ORANGE COUNTY, Fla. – Federal mortgage giants are helping corporate investors acquire mobile home communities across Florida, leading to dramatic lot rent increases, a News 6 investigation revealed. Florida leads the nation with 235 private equity-owned mobile home parks containing nearly 56,000 lots, according to data from the Private Equity Stakeholder Project, a nonprofit research

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Loans

Producers taking more conservative approach, report no plans for major purchases

Wisconsin farmers and producers across the Midwest had more debt and less capital to start the year, increasing the stakes for the 2025 crop. The Federal Reserve Bank of Chicago, which covers southern and eastern Wisconsin along with states like Illinois and Iowa, and the Federal Reserve Bank of Minneapolis, which represents western and northern Wisconsin in

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Mortgage

Mortgage rates likely to stay high through summer analysts say

See the most expensive homes sold in the Des Moines metro in 2024 A look at the most expensive homes sold in Polk, Dallas, and Warren counties. Home mortgage interest rates are unlikely to drop anytime soon, despite comments by the Chicago Federal Reserve CEO during a recent Des Moines visit that rates could drop

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Investment

Investment from a solar panel manufacturer will bring economic boost to Rockdale

ROCKDALE, Texas (KRHD) — T1 Energy and Milam County have agreed on a tax abatement that has benefits for both sides. In the deal, T1 is required to hire at least 1,000 local workers and invest a minimum $700 million. In Rockdale, the site of the old Alcoa plant will soon be the site of

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Loans

How the ‘big, beautiful’ bill would hit college student loans

Republicans, however, challenged Biden’s assertion of executive authority over the loan program and won a 2023 Supreme Court ruling that vastly scaled back debt forgiveness. Now, under the Trump-backed budget bill pending before the Senate, the loan program would be simplified and its terms made less generous to borrowers. (The House already passed the bill

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Investors

Optimism is rising among American investors, survey shows

The trade war hits stock markets — how can you protect your finances? The global trade war has hit the stock markets — this is how you can protect your finances. Americans may have gotten pretty good at tuning out negative news and predictions, at least when it comes to investing, a Wealthfront survey suggests.

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Banking

OCBC Premier Banking celebrates strong business growth, credits ‘twin-hub’ strategy

Driven by strong demand for wealth management and insurance solutions in Asia, OCBC posted record financial results for the third year in a row. The Singapore-based bank reported a net profit of S$7.6 billion (US$5.9 billion) for its 2024 financial year, and total income rose by 7 per cent to S$14.5 billion. Within the year,

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Finance

Indonesia’s economic incentives to cost US$1.5 billion, finance minister says

JAKARTA: Indonesia’s economic policy package aimed at stimulating demand, which includes fare subsidies as well as cash and food handouts over June and July, will cost the government 24.44 trillion rupiah (US$1.5 billion), the finance minister said on Monday (Jun 2). State-owned companies will cover around 850 billion rupiah in costs for policies like subsidising

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