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Elite Financial Group

Billionaire Ken Griffin calls tariffs a ‘painfully regressive tax,’ hitting working class Americans the hardest

by Elite Financial Group | May 7, 2025 | Financial Services

The Wall Street titan said there is a “modest” risk of stagflation as tariffs create inflationary pressures and slow down the economy.Read More…

Banks are keeping credit card rates high even after the CFPB rule they blamed for high APRs was killed

by Elite Financial Group | May 7, 2025 | Financial Services

Retail cards hit a record high average interest rate of 30.5% last year, and rates have stayed close to those levels this year.Read More…

The Fed meets with uncertainty permeating the air. Here’s what to expect

by Elite Financial Group | May 6, 2025 | Financial Services

Central bank policymakers can do little for now except sit and wait as events unfold.Read More…

Paul Tudor Jones says stock market will hit new lows even if Trump cuts China tariffs to 50%

by Elite Financial Group | May 6, 2025 | Financial Services

The widely followed investor believes stocks haven’t found a bottom as macroeconomic conditions continue to deteriorate.Read More…

Prices are falling on some purchases. ‘Enjoy,’ economist says: ‘They’re not here to stay’

by Elite Financial Group | May 6, 2025 | Financial Services

Americans are seeing prices fall in certain pockets of the U.S. economy, including airline fares, produce, consumer electronics and energy.Read More…

Berkshire Hathaway shares dip nearly 3% after shocking Buffett exit and an earnings decline

by Elite Financial Group | May 5, 2025 | Financial Services

Investors are processing Warren Buffett’s surprise announcement to step down and envision a new path for the conglomerate after his legendary 60-year run.Read More…
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