Tag Archives: decades

The housing market is showing signs of a recovery as the spring home-buying season gets underway. Mortgage rates fell for the second week in a row, declining to the lowest level in more than a month. The average rate on the benchmark 30-year fixed mortgage fell to 6.74% from 6.88% the week prior, per Freddie Mac. And as mortgage rates decline, supply is starting to rebound. New listings hit a 17-month high in February, while the total number of homes for sale rose to the highest level in a… Source link

Once upon a time, believe it or not, no one particularly looked forward to Super Bowl ads. That all changed when Washington faced Los Angeles on Jan. 22, 1984, in Tampa, Fla. Those who tuned in to the big game on CBS — and hadn’t fled to the kitchen for snacks — may have been intrigued by something completely different. In between ads for Gillette Foamy Gel and Northwestern Mutual insurance, a dystopian scene appeared on their TV sets: A line of men wearing faded gray apparel marched… Source link

[unable to retrieve full-text content]Google Earth’s improved Timelapses show how your city’s changed over decades  TechRadar Source link

In the late 1990s, Jerome Powell got a new job as partner at the Carlyle Group, one of the world’s biggest private equity firms, with a massive $11 billion market cap and even bigger $376 billion of assets under management. Only a few years after Powell left Carlyle, he was nominated to the Federal Reserve Board of Governors, where he now serves as chairman. Carlyle was cofounded by David Rubenstein, a billionaire who served in the Jimmy Carter administration and is very active in… Source link

The Federal Reserve, led by Jerome Powell, raised interest rates earlier this month.Samuel Corum/Getty Images A “stubborn” Federal Reserve has increased the likelihood of a prolonged recession, according to Axonic Capital’s Peter Cecchini.  That’s because the Fed could cause economic whiplash that leads it to cutting interest rates sooner than expected. “The 1970’s drawdown scenario of almost 50% for the S&P 500 is becoming all the more likely,” Cecchini said. The Federal Reserve’s decision to… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, May 4, 2022 In the face of rising inflation, the Federal Reserve looks poised to do something it has not done in two decades: Implement a king-sized bump in interest rates. Rewind to May 2000, when things were very different (i.e. Razor Scooters were catching on and *NSYNC was topping the Billboard charts). But much like today, concerns… Source link

Chinese President Xi Jinping has urged the EU not to “tie the whole world” to the crisis in Ukraine and warned it could take decades to repair the economic damage. In a virtual summit with European Union leaders on Friday, Xi told European Commission President Ursula von der Leyen and European Council President Charles Michel that the crisis must be “properly handled”. “Many people are very worried that the current situation may destroy the achievements of decades of international economic… Source link

Cathie Wood tells Yahoo Finance Live that just like baby boomers have heavily influenced the stock market for decades, their children — aka millennials — will be equally if not more important to the investing landscape in the decades to come. And that is one reason why the closely followed Ark Invest founder and CEO is staying long-term bullish on stocks.  “This is the echo of the baby boom,” said Wood on the rise of millennial investors, notably in 2021. Wood referenced research that… Source link

A timelapse look at the changing Aral Sea, Kazakhstan. The lake was once the world’s fourth largest … [+] body of inland water, but has been shrinking since the 1960s after the rivers that fed it were diverted by irrigation projects. Google Earth Google Earth newest Timelapse feature lets users look back from the current day all the way to 1984 and see how both human activity as natural forces have changed the face of Earth over the last 40 years, writes Rebecca Moore,… Source link

Google announces a new feature called Timelapse for Google Earth. Google Google on Thursday… Source link