Monthly Archives: July 2022

More theft, burglaries and even murders are the unexpected side-effects of rising prices, this criminologist warns

A Dollar Tree store in Urbandale, Iowa. AP Inflation could spark sharp rises in theft, burglary and even murder, a criminologist said. Richard Rosenfeld said high inflation was creating more demand for stolen goods. Retailers fear police are now focusing more on violent crime than on burglary and theft.  Soaring inflation threaten to trigger a…

Today’s mortgage and refinance rates: July 9, 2022 | Rates decreased this week

Average mortgage rates decreased this week, according to Freddie Mac. The average 30-year fixed mortgage rate peaked recently at 5.81%, its highest level since 2008. But for the past couple of weeks, this rate has been trending back down. Rates have climbed up significantly this year and are now over two percentage points higher than…

Made in America: these are some of the companies bringing manufacturing back to the US

Companies are investing billions to expand their manufacturing capabilities in the US. Getty Images American companies are moving manufacturing back to the US from Asia. General Motors, GE, Intel and US Steel are among companies opening new factories in America. Companies started reviewing their supply chains following the US-China trade war and pandemic.  American manufacturers…