Monthly wealth stream

Automakers seek ‘opportunity in the chaos’ of Trump’s tariffs monthlywealthstream

Trucks are shown from a drone view after clearing U.S. Customs and entering the United States from Tijuana along the U.S. Mexico border at Otay Mesa port in San Diego, California, U.S. April 2, 2025.  Mike Blake | Reuters DETROIT — As President Donald Trump’s 25% tariffs on imported vehicles were set to take effect, […]

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Refinance Rates Nudge Up, But Remain Below Notable Threshold monthlywealthstream

Rates on 30-year refinance mortgages inched up slightly Thursday, ticking up 3 basis points to return to a 6.95% average. Extending a relatively flat pattern below 7%—a threshold last crossed in February—rates are currently near their cheapest level since March 12. The average is also significantly improved vs. this year’s high-water mark of 7.30%, registered

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Crocs’ big bet on personalization paid off. Here’s how it happened. monthlywealthstream

Crocs are cool again. But the footwear company’s comeback story is more than just a fashion statement. The iconic clog was a staple of early 2000s fashion.  However, the brand’s profitability eroded in the years following the Great Recession as it struggled to expand internationally. From 2008 to 2016, there were four years where the

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Tesla robotaxi deadline looms as political backlash builds over Musk monthlywealthstream

Elon Musk has been promising investors for about a decade that Tesla’s cars are on the verge of turning into robotaxis, capable of driving themselves cross-country, after one big software update. That hasn’t happened yet. What Tesla offers is a sophisticated, but only partially automated, driving system that’s marketed in the U.S. as its Full

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Tariffs Risk Pushing Inflation Higher, Growth Lower, Fed Chair Powell Says monthlywealthstream

Key Takeaways Federal Reserve Chair Jerome Powell said President Donald Trump’s larger-than-expected tariffs could stoke inflation and slow economic growth. The Fed is tasked with keeping inflation low and jobs plentiful, and tariffs have historically hurt both parts of the central bank’s dual mission. The Federal Reserve has kept its key interest rate steady while

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China Hit With 54% “Reciprocal Tariff” Rate Following Trump Address. 3 Things Pinduoduo Stock Investors Should Know monthlywealthstream

Stocks plunged on Thursday in response to President Donald Trump’s “reciprocal tariffs.” While the president had telegraphed his desire for punitive tariffs to try to balance the trade deficit the U.S. has with much of the world, investors were taken aback by their size. China has long served as a scapegoat for Trump so perhaps

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Today’s Mortgage Rates by State – Apr. 4, 2025 monthlywealthstream

The states with the cheapest 30-year new purchase mortgage rates Thursday were New York, New Jersey, California, Texas, Florida, Michigan, and North Carolina. The seven states registered averages between 6.64% and 6.71%. Meanwhile, the states with the highest Thursday rates were Alaska, Washington, D.C., West Virginia, Maryland, Oklahoma, Iowa, New Mexico, South Dakota, and Wyoming.

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Trump says tariffs will accelerate reshoring, but experts say it’s not that easy monthlywealthstream

Arseniy45 | Istock | Getty Images President Donald Trump may hope his tariffs jump-start a renaissance in manufacturing in the United States, but the reality is not so simple, according to experts. The president announced sweeping tariffs Wednesday, including a baseline 10% levy across the board on all imports. He also targeted specific countries with

Trump says tariffs will accelerate reshoring, but experts say it’s not that easy monthlywealthstream Read More »

Today’s Refinance Rates by State – Apr. 4, 2025 monthlywealthstream

The states with the cheapest 30-year mortgage refinance rates Thursday were California, Florida, New York, North Carolina, Texas, Georgia, Washington, and Maryland. The eight states registered averages between 6.71% and 6.92%. Meanwhile, the states with the highest Thursday refinance rates were Hawaii, West Virginia, Alaska, Michigan, Washington, D.C., Indiana, Kansas, New Mexico, and South Dakota.

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