Home / Tag Archives: interest

Tag Archives: interest

Chinese buying interest has surged in recent years

Prachanart Viriyaraks | Getty Images The Wat Saket (Golden Mountain) and Bangkok Grand Palace in Bangkok, Thailand. Chinese investors have continued pouring their money into Thailand’s property sector even as the kingdom barrels toward an uncertain national election. That underscores the Southeast Asian nation’s enduring popularity with the Chinese — …

Read More »

70% of job seekers lose interest in a job after just one week

Scenarios once associated with dating now apply to finding a job. First there were stories of job seekers “ghosting” employers by not showing up to interviews. Now, it seems that applicants are simply losing interest— after just one week. For the first time in U.S. history, the American economy has …

Read More »

‘They’re raising interest rates too fast’

Getty Images President Donald Trump looks on as his nominee for the chairman of the Federal Reserve Jerome Powell takes to the podium during a press event in the Rose Garden at the White House, November 2, 2017 in Washington, DC. President Donald Trump on Tuesday reiterated that the U.S. …

Read More »

Bank of England holds interest rates amid Brexit uncertainty

Expectations of a BOE rate hike at its final meeting of the calendar year were low, largely because of heightened political uncertainty in the U.K. With 99 days to go until Britain is due to leave the EU on March 29, deep divisions in parliament have raised the chances of …

Read More »

Upcoming money events that might be of interest to GRS readers

A lot of things have changed in the world of money since I founded Get Rich Slowly in April 2006. Nowadays, for instance, there are many more opportunities to meet up with like-minded folks in Real Life. From annual retreats like Camp Mustache to monthly meet-ups with Choose FI local …

Read More »

Fed chairman defends steady interest rate hikes

Federal Reserve Chairman Jerome Powell says he sees no sign that the US economy is overheating. And although prices are rising, Powell said there is no indication inflation will speed out of control. “We have seen no clear signs of an acceleration above 2%, and there does not seem to …

Read More »

Steady interest rates bring mortgage volume back to life

Mortgage borrowers came back to the table last week to refinance and to purchase homes, after their numbers fell for most of the past month. Total mortgage application volume rose 4.2 percent last week, according to the Mortgage Bankers Association’s seasonally adjusted report. Volume was still 15 percent lower compared …

Read More »

Gundlach warns record bond speculation could cause big move in interest rates

Scott Eelis | Bloomberg | Getty Images Jeffrey Gundlach, founder and chief executive officer of Doubleline Capital LP. DoubleLine’s Jeff Gundlach is warning that the record number of bets made in the futures market in favor of higher bond yields could “cause quite a squeeze.” Gundlach alluded in a tweet …

Read More »

Saudi Arabia’s fund lacks interest in Tesla’s idea of going private

Saudi Arabia’s Public Investment Fund (PIF) has shown no interest so far in financing Tesla CEO Elon Musk’s proposed $72 billion deal to take the U.S. electric car maker private, despite acquiring a minority stake in the company this year, two sources familiar with the matter said. The 47-year-old investor …

Read More »

Steinway to attract takeover interest from state-owned Chinese group

David M. Benett | Getty Images Entertainment | Getty Images Michael Nass (L) and Wolfgang Niedecken attend Steinway and Sons Sunburst Launch Event at Abbey Road Studios on February 6, 2018 in London. Steinway Musical Instruments, best known for its grand pianos and controlled by U.S. hedge fund billionaire John …

Read More »