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As of November 13, 2024, mortgage rates in the U.S. have surged to 6.79%, the highest since July, driven by inflation concerns following Donald Trump's election victory. In the UK, rising rates are also impacting the housing market, prompting borrowers to act quickly amid economic uncertainty and higher borrowing costs.
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As of November 2024, U.S. renters are grappling with significant rent increases, with the median rent now at $1,634, a 20% rise since pre-pandemic levels. Economic factors, including inflation and high interest rates, are causing consumers to hesitate on major purchases, leading to a notable 'election shopping slump.'
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Recent discussions highlight the complexities of parenting in a technology-driven world. Experts and parents share insights on managing children's screen time, fostering healthy relationships, and coping with personal challenges, emphasizing the importance of empathy and communication.
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As Donald Trump prepares for his potential return to the presidency, his administration's tech agenda is becoming clearer. Key areas include dismantling Biden's AI regulations, easing antitrust oversight, and reevaluating semiconductor policies, which could reshape the tech landscape significantly.
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Following Donald Trump's election victory, Silicon Valley figures have openly supported his administration, anticipating a pro-business agenda. Key players like Elon Musk and Peter Thiel credit Trump's win with a shift in tech's political landscape, while stock markets, particularly Tesla and Bitcoin, have surged amid expectations of deregulation and tax cuts.
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Recent analyses reveal a notable shift in voting patterns among younger Americans, particularly those aged 25 to 44, who increasingly supported Donald Trump in the 2024 election. This trend is evident in both rural counties and urban areas, indicating a broader political realignment.
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Billionaire Ken Griffin advises President-elect Donald Trump to adopt moderate immigration and tax policies. Griffin warns that aggressive tactics could harm the economy, emphasizing the importance of immigrants in the workforce. He also suggests Apollo CEO Marc Rowan for Treasury Secretary, highlighting the need for fiscal responsibility amidst rising national debt.