Factbox-Chinese AI models festoon Spring Festival a year after DeepSeek shock
Factbox-Chinese AI models festoon Spring Festival a year after DeepSeek shock
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Year
Mortgage Rates Oh So Close to 3 Year Lows
When the administration announced that Fannie and Freddie would be buying mortgage-backed securities in early January, rates fell sharply to the lowest levels in more than 3 years. After a moderate rebound the following week, we’ve been holding mostly steady in a range that was 0.1-0.2 above those long-term lows. The past two days have
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Job Growth Sizzled to Start the Year. Here’s Why It’s Unlikely to Impact Interest Rates
(Image credit: Getty Images) The January jobs report came in much higher than expected, alleviating fears of a sharp slowdown in the labor market. The data also strengthens the case for the Federal Reserve to keep interest rates unchanged for the foreseeable future; certainly through the remainder of Jerome Powell’s term as Fed chair, which
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Over 60% of Buyers Bought Below Asking Price Last Year, With the Largest Discounts Since 2012
In This Article For most of us, the frenzied bidding wars and constant price hikes of the post-pandemic housing boom are recent memories. That’s why it might come as a surprise to find that over 60% of homebuyers bought below asking price in 2025, according to brokerage and listings portal Redfin, when analyzing MLS data.
Study Ties Particle Pollution From Wildfire Smoke to 24,100 US Deaths Per Year
Chronic exposure to pollution from wildfires has been linked to tens of thousands of deaths annually in the United States, according to a new study. The paper, published Wednesday in the journal Science Advances, found that from 2006 to 2020, long-term exposure to tiny particulates from wildfire smoke contributed to an average of 24,100 deaths
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Chubb Posts Record Q4 and Full Year P/C Underwriting Income, Combined Ratio
Insurer Chubb booked fourth quarter net income 24.7% higher than a year ago at about $3.2 billion. Results included record P/C underwriting income of $2.2 billion, up nearly 40% over the same period in 2024. The P/C combined ratio was also a record, coming in at 81.2. Chubb benefitted from lower catastrophe losses during the
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Should You Do Your Own Taxes This Year or Hire a Pro?
It’s tax season again. But this year, as you gather your W-2s and 1099s, you’re also navigating the first filing season impacted by the recently enacted 2025 Trump tax law, also known as the “big beautiful bill.” With new deductions for things like overtime pay, tips, and car loan interest, plus a new Schedule 1-A,
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U.S. Economy Will Gain Steam This Year
To help you understand what’s going on in the economy, business and politics and what we expect to happen in the future, our highly experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You’ll get all the latest news first
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Aon Reports Organic Growth of 6% for 2nd Straight Year
Aon plc reported revenue of $4.3 billion during the fourth quarter of 2025, an increase of $153 million or 4% from $4.1 billion in Q4 2024. For Q4 2025, Aon saw organic revenue growth of 5%, compared with 6% during the same period in 2024. Net income attributable to Aon shareholders increased 136% to $1.7
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November Was Best Month of Home Price Appreciation in More Than a Year
Both the FHFA and the S&P/Cotality Case-Shiller home price indices released November data this week, and the combined message is that home price appreciation continues doing better than it had been in the middle of 2025. FHFA’s seasonally adjusted House Price Index paints clearest picture with seasonally adjusted home prices up 0.6% month-over-month in November
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