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The Mortgage Bankers Association (MBA) convened a virtual Town Hall on June 18, 2025—highlighting critical developments in mortgage markets and policy. Pete Mills, MBA’s Senior Vice President of Residential Policy and Strategic Industry Engagement, led the discussion, which covered current mortgage rates, housing supply dynamics, and commercial and multifamily finance issues. During the half-hour session, Mills underscored the importance of mortgage lenders remaining agile amid shifting policy landscapes. He noted that recent volatility in interest rates continues to influence affordability and impact refinance volumes. As rates fluctuate, lenders are adjusting underwriting standards and risk management protocols accordingly. Mills also addressed…

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The Federal Reserve elected on June 18, 2025, to maintain its federal funds rate at 4.25%–4.50%, continuing a cautious stance amid rising uncertainties linked to tariff hikes, volatile energy markets and slower economic growth. Chair Jerome Powell emphasized that existing projections for two rate cuts by year-end are still in place — but emphasized that any policy shift will depend heavily on emerging data and external pressures. Powell highlighted the “meaningful” risk of inflation driven by the Trump administration’s pending tariffs on imports. He warned that even if recent inflation readings have been favorable, the tariffs are likely to raise prices because…

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Los Angeles, June 18, 2025 – Nearly 600 professionals gathered at the InterContinental Los Angeles Downtown today for the Women’s Leadership Symposium & Awards, a half‑day event hosted by the Los Angeles Business Journal. Designed to uplift women across corporate, entrepreneurial, finance, tech, and nonprofit sectors, the event featured keynote addresses, panel discussions, networking, and an awards ceremony celebrating both established and emerging female leaders. The morning symposium began at 8 a.m. with breakfast and welcome remarks, followed by a series of dynamic sessions. Topics included visionary leadership in the modern workplace, building influential networks, embracing innovation, and developing a CEO…

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On June 17, 2025, the long-standing conflict between Israel and Iran took a dramatic turn, leading to severe disruptions in global markets. Israel’s military launched a series of targeted operations aimed at key Iranian military leaders and infrastructure, while Iran retaliated with cyberattacks that disrupted the nation’s banking systems. This escalation of tensions has sent shockwaves through financial markets, raising concerns about regional stability and the potential for wider conflict. The situation has also sparked fears over the security of global energy supplies, particularly in the strategically important Strait of Hormuz, a major transit route for oil shipments. The conflict’s…

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In a striking shift in investor sentiment, U.S. investors are increasingly pulling funds from American stocks and the U.S. dollar, instead directing their capital toward European and emerging markets. This change in strategy is highlighted by the results of a Bank of America survey conducted between June 6 and June 12, 2025. The survey, which polled 190 fund managers overseeing a combined $523 billion, reveals a significant transformation in global investment patterns, driven by a combination of evolving economic outlooks and more favorable conditions in other markets. The findings come at a time when economic conditions in the U.S. appear…

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On June 17, 2025, Vice Media, the prominent digital media company known for its unique approach to journalism and entertainment, announced the appointment of Adam Stotsky as its new CEO. Stotsky, who brings extensive experience from his previous role at NBCUniversal, will take the reins at a pivotal time for Vice Media as the company seeks to redefine its strategy and bolster its presence in the evolving media landscape. His appointment marks a significant step in the company’s broader plan to enhance its studio and advertising operations, which are central to Vice’s future growth. The decision to appoint Stotsky is…

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At the Business Roundtable’s CEO Workforce Forum on June 17, 2025, JPMorgan Chase CEO Jamie Dimon delivered a compelling message to fellow business leaders, urging them to prioritize resilience and long-term planning amid the prevailing economic uncertainty. His comments, which were aimed at equipping CEOs with the mindset to weather the storm of financial instability, come at a time when concerns about global economic health are mounting. Dimon’s remarks were not just an analysis of the current economic landscape, but a call to action for businesses to look beyond immediate volatility and focus on building a sustainable future. During his…

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Diversity and Inclusion as Pillars of Leadership in 2025 In 2025, fostering diversity and inclusion (D&I) has become a central focus for business leaders around the world. As companies strive to build more equitable and inclusive environments, leaders are recognizing the importance of D&I in driving innovation, enhancing organizational culture, and improving overall business performance. In a world that is increasingly interconnected and diverse, leaders must embrace D&I as both a strategic and moral imperative. Diversity and inclusion have long been discussed in leadership circles, but it is only in recent years that they have gained the attention and action…

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The World Bank has revised its global economic growth forecast for 2025, projecting a slowdown to 2.3%, down from the 2.7% anticipated earlier this year. This adjustment marks the slowest pace of expansion since 2008, excluding periods of global recession. The downgrade is attributed to escalating trade tensions, increased policy uncertainty, and a significant decline in foreign direct investment (FDI), all of which are exerting pressure on economic activity worldwide. Trade Barriers and Policy Uncertainty The World Bank’s latest Global Economic Prospects report highlights that heightened trade barriers and an unpredictable policy environment are primary contributors to the anticipated slowdown.…

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On June 16, 2025, over 40 U.S. companies submitted disclosures to the Securities and Exchange Commission (SEC), cautioning that intensified deportation efforts could adversely affect their operations. These filings highlight concerns about labor shortages, economic uncertainty, and potential recession risks across various sectors, including agriculture, technology, construction, and hospitality. Broad Industry Concerns The companies’ warnings come amid the Trump administration’s directive for Immigration and Customs Enforcement (ICE) to arrest 3,000 undocumented immigrants daily, leading to widespread workplace raids and public protests. Businesses fear that such aggressive immigration enforcement could disrupt their labor force and operations. ImmuCell, a company specializing in…

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