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Wilbur Ross says furloughed workers should take out a loan. His agency’s credit union is charging nearly 9%. – Navy Federal Credit Union, for example, offers no-interest 60-day loans of up to $6,000. Lending Tree, an online lending exchange, quotes rates as low as 3.75 percent for short-term loans. But.
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Senior Loan ETF Sees Massive Outflows as Credit Cracks Deepen – Investors are fleeing an exchange-traded fund that tracks an index of low. short-term treasury products like JPST,” he added, referring to the $4.2 billion JPMorgan Ultra-Short Income ETF, which.
Could Higher Interest Rates Drive Up Road Construction Costs? – The Fed lowered rates in 2008 to stimulate economic activity. Low interest rates make short-term loans and capital costs less expensive and can stimulate economic growth. Once the rates go up, it.
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