The US housing market is showing signs of a "thaw" as mortgage affordability hit its highest level since 2022. Lowering yields on the 10-year Treasury and a steadying of home prices in several major metros have provided a rare window of opportunity for first-time buyers who were previously sidelined by high borrowing costs. The reprieve may be short-lived, however, as the market prepares for the shift to a Warsh-led Federal Reserve. Additionally, newly implemented tariffs are

In one of the largest corporate consolidations in history, Elon Musk’s SpaceX  has finalized its takeover of the AI startup xAI  in a deal valued at $250 billion . The merger aims to integrate advanced machine learning models directly into SpaceX’s Starlink satellite network and Mars exploration systems. Critics and regulators have raised eyebrows at the deal, citing the unprecedented concentration of power and potential conflicts of interest within Musk’s portfolio of compan

President Trump has officially nominated former Fed Governor Kevin Warsh  to succeed Jerome Powell as Chairman of the Federal Reserve when Powell’s term ends in May. The announcement has sent ripples through the fixed-income markets, as Warsh is widely viewed as a "hawk" who may prioritize shrinking the Fed's $6.6 trillion balance sheet . The nomination has introduced a new layer of friction in Washington. While the administration seeks lower mortgage rates to stimulate housi