Amazon Haul takes on Temu to bring shoppers cheap goods from China

Amazon Haul takes on Temu to bring shoppers cheap goods from China

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email In November, Amazon quietly launched Haul, a mobile-only section of its shopping app for items under $20. They take at least a week to arrive because they’re largely coming from China. Haul is Amazon’s answer to the soaring success of ultra-cheap budget … Read more

Why Fed rate cuts aren't making mortgages cheaper

Why Fed rate cuts aren't making mortgages cheaper

Federal Reserve policies can have a dramatic effect on the cost of mortgage financing. For example, the central bank took interest rates to historic lows in the pandemic and bought mortgage-backed securities at a massive scale. These emergency measures created conditions for ultra-low mortgage rates before inflation broke out. The Fed subsequently tightened the economy … Read more