Home Refi Activity Plummets As Mortgage Rates Hit 9-Month Highs

"Taiwan Loses Its Strategic Importance In 18 Months," Says Chamath Palihapitiya In an interview with Fox News' Bret Baier that aired Friday, President Trump said that he doesn't want "to travel 9,500 miles to fight a war" over Taiwan. "I'm not looking to have somebody to go independent and, you know, we're supposed to travel 9,500 miles to fight a war," Trump told Baier. "I'm not looking for that. I want them to cool down. I want China to cool down." Taiwan has been a major point of friction between Washington and...

New York Governor Signs Bills To Preserve Mandatory Vaccines Authored by Zachary Stieber via The Epoch Times, New York Gov. Kathy Hochul has signed legislation to preserve vaccine requirements for children. Hochul, on May 15, signed two bills that decouple New York’s vaccine requirements from the federal government, after the Trump administration rolled back recommendations for hepatitis B and other vaccines. “When public health comes under attack by an anti-science administration, New York fights back,” Hochul, a Democrat, said in a statement. She added that the legislation “protects access to lifesaving vaccines for New...

'The Pricking Is Coming': Dalio Warns AI Bubble Will Burst Like Dot-Com, But Tech Will Endure Bridgewater Associates founder Ray Dalio appeared on Bloomberg TV today and delivered a measured yet cautionary assessment of the artificial intelligence investment frenzy. He highlighted classic bubble dynamics - sky-high valuations, rampant speculation, and "paper wealth" vastly outpacing actual cash flows - while drawing direct parallels to the 2000 dot-com era. "All great technology changes produce bubbles," Dalio said in the Wednesday Bloomberg Television interview. "Nobody can get it exactly right. You have to either...