Fed’s Goolsbee says inflation could still fall without rising unemployment

U.S. Federal Reserve officials are “trying to wrap their head around” whether further improvement in inflation will require higher unemployment, with less help coming from improved supply chains and … U.S. Federal Reserve officials are “trying to wrap their head around” whether further improvement in inflation will require higher unemployment, with less help coming from…

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Mortgage rates post biggest jump in over a month as the market dials back expectations of Fed rate cut, Freddie Mac says

By: Mortgage rates posted the biggest increase in over a month, propelling the 30-year rate back over 7%, with the market uncertain about when the Federal Reserve will cut interest rates. The 30-year fixed-rate mortgage averaged 7.03% as of May 30, according to data released by Freddie Mac FMCC, +3.68% on Thursday. See the full…

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Yardi Systems poised to become WeWork’s majority owner as Chapter 11 plan confirmed

New York-based coworking company WeWork Inc. (NYSE: WE) is in the final stages of restructuring its business after filing for Chapter 11 bankruptcy protection more than six months ago. California-based real estate software company Yardi Systems Inc. is poised to become WeWork’s majority owner when the process concludes.On Thursday, WeWork’s Plan of Reorganization was confirmed…

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