The Federal Reserve is expected to maintain its key rate on Wednesday after multiple cuts last year, leading to a wait for better loan deals for consumers but benefiting savers with stable yields. Economists anticipate a pause in rate cuts due to uncertainty surrounding President Trump’s policies, with the benchmark rate currently at 4.25 to 4.5 percent. Auto rates have been rising, credit card interest rates have slowed, mortgage rates have been volatile, and savings yields are still competitive. Student loan rates vary between federal and private loans, with federal rates resetting annually based on the 10-year Treasury bond auction in May.
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Cisco has joined the quantum computing race
Cisco Systems Unveils New Quantum Computing ChipCisco Systems (CSCO) has announced the launch of a new quantum computing chip, joining the ranks of tech giants like Google, IBM, and Microsoft, who have made similar announcements in recent months. This development indicates a rapidly decreasing timeline for the scalability of quantum technology and its application in real-world scenarios. As these innovations continue to emerge, the potential for practical uses in various industries is becoming increasingly tangible....
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