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How Trump Can Lower Mortgage Rates, Without Help From the Fed's Warsh — Barrons.com

By Joe LightThe Federal Reserve under new Chairman Kevin Warsh is in no rush to lower interest rates, but a multiyear effort by President Donald Trump's administration might have the effect of pushing down mortgage rates for many Americans anyway.Last week, Trump downplayed a bipartisan affordable…

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BondsEconomy
NEWS dow-jones

France Passes New Law to Fine Shein, Temu and Ultrafast Fashion — WSJ

By Nick KostovPARIS — The French parliament passed legislation Monday imposing fines on ultrafast fashion retailers, part of the country's effort to curb the environmental impact of cheap, high-volume clothing and rein in Chinese e-commerce giants that have flooded Europe with low-price apparel.She…

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EconomyStocksFR

Why Wall Street Thinks Cheap Oil Is Here to Stay — Barrons.com

By Avi SalzmanIt was always clear that a ceasefire in the U.S. war with Iran would cause oil prices to fall, but few expected prices to fall this fast and this dramatically. Brent crude, the international benchmark price, is now trading around $72 per barrel, the same level it was before the war —…

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