May 7, 2025

To the Point

Loans

Interest rates for loans, mortgages aren’t falling. See when they might

If you’re wondering when interest rates on credit cards and car loans will start falling again, don’t hold you breath this week when the Federal Reserve’s policy committee meets. Interest-rate traders see little chance that the Fed will lower interest rates at the end of Wednesday’s meeting or the following one. That means Americans won’t

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Finance

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

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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Funds

Which Wisconsin school districts receive the most federal funding?

Linda McMahon says Dept. of Education can only be closed by Congress President Donald Trump’s nominee for education secretary faced questions about federal funding for low-income schools, school choice and more. As President Donald Trump slashes federal programs nationwide, funding for public school districts across Wisconsin is in jeopardy. Some Wisconsin school districts rely on

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Funds

PA’s Shapiro sues Trump administration over public health cuts

RFK Jr. to cut 10,000 jobs at US health department The U.S. Department of Health and Human Services announced that it will cut about 10,000 full-time jobs and close half of its regional offices. Reuters Pennsylvania joined a multistate lawsuit against the Trump administration for cutting billions in state health funding. Pennsylvania state officials say

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Investors

US stock futures little changed as investors wait for Trump tariff news

Who will actually pay for Trump’s tariffs? While trade is a hot topic among the Trump Administration, who actually pays for the new tariffs? Fox – Fox 9 U.S. stock futures point to a lower opening as investors await more news on President Donald Trump‘s tariff plan and economic news. Stocks rallied on Monday after

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Crypto

Manitowoc police say scams on the rise, including use of crypto ATMs

Scams often evolve over time and may include scammers pretending to be law enforcement or using crypto ‘ATMs.’ Smishing texts: what are they, what you can do Smishing texts are a scam intended to trick the receiver into sharing personal information, like bank details. Problem Solved The Manitowoc Police Department has reported a significant increase

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Loans

Government shutdown and services that would be reduced or closed

Chuck Schumer to vote to advance GOP funding bill Democratic Senator Chuck Schumer says he will vote for the GOP funding bill to avoid a government shutdown. The Senate will vote on a stopgap funding bill to avert a government shutdown. Democrats may vote against the bill in protest of President Trump’s policies. If the

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Mortgage

First time homebuyer programs in Arizona: Here’s what to know

Existing home sales fall to lowest level since 1995 The latest home sales numbers painted a discouraging picture for the real estate industry as sales fell to the lowest level since 1995. Straight Arrow News Rising home prices in metro Phoenix are making it difficult for families to afford to buy a home. The median

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Crypto

What is a black swan event in cryptocurrency? Traders brace for losses

Trump signs order establishing strategic Bitcoin reserve President Trump signed an order Thursday to create a federal Strategic Bitcoin Reserve, signaling new federal support for cryptocurrency in general and Bitcoin in particular. Scripps News If you hold and trade in Bitcoin, Ethereum or any other cryptocurrency, you are probably bracing for the fallout from a

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