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Mortgage rates creeping back up toward 7%

by Mitchell Hartman
Jan 6, 2025
They're starting 2025 at the highest they've been since last summer.
Lawrence Yun predicts mortgage rates to settle at around 6% to 6.5% this year. Above, a sign advertising apartments for sale in Monterey Park, California.
Frederic J. Brown/AFP via Getty Images
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A top agenda item for 119th Congress will be the 2017 Trump tax cuts

by Kimberly Adams
Jan 3, 2025
Many provisions of that tax law expire at the end of this year — including the individual tax cuts for most Americans.
Many provisions of Trump's 2017 tax cuts are set to expire at the end of this year.
Roberto Schmidt/AFP via Getty Images
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American companies are already pivoting ahead of Trump's proposed tariffs

by Michelle Fleury
Dec 27, 2024
Many companies are rushing to stock up and insulate themselves from likely higher import duties under Donald Trump's second presidency.
Steve Madden is among the American companies looking to relocate production ahead of a second Trump administration.
Justin Sullivan/Getty Images
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Trump's Second Term

Threats of tariffs on Mexican goods stresses relationship with key U.S. trade partner

by Will Grant
Dec 26, 2024
President-elect Donald Trump has threatened 25% tariffs on Mexican goods unless more is done to stop illegal immigration and illegal drugs.
Mexico is now the United States' biggest trading partner, sending roughly $500 billion worth of goods to the U.S. each year.
Rodrigo Oropeza/AFP via Getty Images
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Trump's Second Term

In a Trump immigration crackdown, there will be losers and winners

by David Brancaccio , Elizabeth Trovall and Erika Soderstrom
Dec 25, 2024
Labor shortages may fuel inflation and hurt construction and food service. Some U.S.-born workers, along with the detention industry, may gain.
Andrew Harnik/Getty Images
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Trump's Second Term

Chinese importers of American goods brace themselves for further tariffs

by Jennifer Pak
Dec 19, 2024
President-elect Donald Trump says he will place an extra 10% tariff on all Chinese exports. China is expected to counter with tariffs on U.S. exports.
Last month, President-elect Donald Trump said he would impose an additional 10% tariff on all Chinese exports.
Anna Moneymaker/Getty Images
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Trump's Second Term

Why is the U.S. Postal Service in the red?

by Henry Epp
Dec 17, 2024
President-elect Donald Trump has said he's "looking at" privatizing USPS — an idea that comes as the service ended the last fiscal year with a $9.5 billion net loss.
The United State Postal Service ended its last fiscal year with a net loss of $9.5 billion.
Patrick T. Fallon/AFP via Getty Images
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Trump's search for a treasury secretary who will support tariffs

by Ellen Rolfes
Nov 22, 2024
Donald Trump wants to find a treasury secretary who can champion tariffs and keep financial markets calm.
J. David Ake/Getty Images
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Trump's Second Term

What a second Trump term means for U.S. fiscal health

by David Brancaccio , Ariana Rosas and Erika Soderstrom
Nov 11, 2024
U.S. fiscal health is at higher risk after Trump won the election. Marketplace's David Brancaccio speaks with Harvard professor Jason Furman to learn more.
"President Trump was basically every week announcing a new area of income that would not be subject to tax," said professor Jason Furman. "You add all of that up, and it's more than $10 trillion worth of promises."
Scott Olson/Getty Images
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The big election bet

by Ellen Rolfes
Nov 1, 2024
Americans are betting on who they think will win the election, but just how much stock should we put in predictions markets?
The Washington Post
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