Could Warsh Break a 56-Year Fed Rate-Hike Streak? For nearly six decades, every Federal Reserve chair has delivered a rate hike before cutting interest rates. Benzinga · Jul 20
Jerome Powell is facing a ‘puzzlement’ of economic data, with contradictions likely to freeze any immediate action on the base rate “Such confusion often leads to inertia, and we suspect that there will be no knee-jerk policy reaction to any of the week’s reports,” Oxford Economics’ Bob Schwartz wrote. Fortune · Feb 17
The labor market feels so awful right now because companies are doing everything bar announcing mass layoffs, says the Fed Why job seekers feel the slowdown: Beige Book shows “low-hire, low-fire” trends, AI limiting new roles, before a 2026 rebound. Fortune · Nov 27, 2025
"I've seen the rod of His wrath, and have been beaten with it": Glenn Schwartz was set to be one of the great guitar heroes of the 70s – but then he was lost to a horrific religious cult The rise, fall and salvation of Glenn Schwartz, the man they called "the White Hendrix" Louder · Aug 27, 2025
Mortgage Rates Hit Lowest Since Last October — Homebuilder Stocks Breaking Out Mortgage rates just touched their lowest level since last October, fueling a wave of optimism across the housing market and sending homebuilder stocks surging as traders increasingly price in imminent Federal Reserve rate cuts. Benzinga · Aug 15, 2025
Even a 1% mortgage rate drop could be enough to 'unlock' the frozen housing market, Oxford Economics says A lower rate should be “enough of an incentive” for some homeowners to sell their homes and trade up, opening up inventory. Fortune · Aug 13, 2025