The Fed is preparing for rate cuts, but waiting on job losses
During Wednesday’s FOMC press conference, Jerome Powell discussed how the economy was performing well before the trade war began and acknowledged that the tariffs were much larger than anticipated. As a result, the Fed has increased its projections for the risk of higher unemployment and inflation.
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Property insurers must prepare for aging population: report
The global population is expected to hit nearly 9.7 billion people by 2050, but beyond that, the nature of the population itself is changing due to aging. This is expected to fuel a rise in the “global dependency ratio,” or the proportion of people ages 65 and older to those of traditional working a
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Top-producing California team joins Coldwell Banker Realty
The Joe Velasco Group — a high-performing Silicon Valley real estate team — has joined Coldwell Banker Realty in Northern California, moving over from Intero Real Estate Services, an affiliate of HomeServices of America. Velasco, who launched his group in 2011, has built a reputation as one of the t
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Homeowners say high costs, emotional stress are influencing renovation projects
Amid higher interest rates and a tight housing market, U.S. homeowners are increasingly choosing to renovate rather than relocate — and many are doing so under financial and emotional strain, according to a newly released nationwide survey. A report released by Block Renovation, based on responses f
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