Mortgage Rates Jump Again as Iran War Effects Ripple Through Housing Market - The New York Times

kept by eddie mar 28

Mortgage rates in the U.S. rose for the fourth time since the Iran war began, reaching 6.38 percent for a 30-year loan.

The Economy That Kevin Warsh, the Federal Reserve’s New Chair, Is Inheriting - The New York Times
The next Fed chair inherits an economy with cooling inflation but faces pressure from the White House to cut rates and manage a fractured Fed committee.
also on #interest-rates, #economy
War by Other Means - by Palladium Editors
As robotic warfare shifts military power from citizens to private firms, states become dependent on corporate partners, eroding the traditional social contract that ties sovereignty to popular consent.
also on #geopolitics
Silicon Frontier
Control over semiconductor supply chains, from ASML's lithography to TSMC's manufacturing and NVIDIA's CUDA ecosystem, determines which entities dominate the AI era.
also on #geopolitics
The Bruising Race to Rent in San Francisco Goes Into Overdrive - WSJ
San Francisco's rental market has intensified as AI-driven high salaries collide with extreme housing scarcity, pushing rents to unprecedented levels.
also on #housing-market, #real-estate, #economy