Romney tells CNN’s Jake Tapper he supports Trump’s China tariffs because Beijing has ‘gotten away with murder for years’

It’s well-documented that Sen. Mitt Romney (R-Utah) does not get along with President Trump. The two have feuded for years, and Romney even singled out the president when he said he was ‘sickened’ by the findings in Special Counsel Robert Mueller’s report on his investigation into 2016 Russian election interference (though he does not support impeachment.) Romney told CNN’s Jake Tapper on Sunday’s edition of State of the Union that Trump “has distanced himself from some of the best qualities of the human character.” Not very flattering. But Romney set aside his personal grievances in the very same interview, telling Tapper that the path Trump has chosen to take in… Read More

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Beware of ’10-year’ market returns

Here are three of the week’s top pieces of financial advice, gathered from around the web: Skip those extra broker servicesAs financial-services companies step up efforts to offer lower-cost retirement plans, some are finding new ways to offset the losses, said Anne Tergesen at The Wall Street Journal. Falling 401(k) plan fees have “meant millions of dollars in lost revenue for asset managers and record keepers.” To replace the income from the fees, some companies “are pushing higher-cost advisory services”; others are “promoting ‘wellness’ services — programs that combine financial education with guidance from apps and advisers.” But recent lawsuits have challenged these efforts as unfair to consumers. In April,… Read More

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Spotify rolls out ‘Car Thing’ to record users’ listening habits

Spotify is rolling out a new device designed for its users’ cars — and they’re calling it the “Car Thing.” While the Car Thing is a smart device, it’s not just a smart assistant: It will respond to voice commands just like Alexa or Google Home, but it’s not “a consumer device,” TechCrunch explained. Instead, it’s geared towards listening to you while you listen to music. The company is aiming to learn more about its users’ in-car listening habits, though it’s not exactly clear what specific data the device will compile. A source close to Spotify told The Verge that it wants to “learn more about the in-car experience.” The… Read More

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Canada’s Mortgage Rates Are Coming Down, With Record Lows For 10-Year Loans

There’s a little bit of good news out there for Canada’s increasingly stressed-out homebuyers: The pressure from rising mortgage rates is ramping down, at least a little. In the latest sign, HSBC has cut its rate on a fixed, 10-year mortgage to 3.24 per cent, while two smaller lenders — Intellimortgage and Butler Mortgage — are offering 3.22 per cent. According to comparison site RateSpy, these are the lowest rates for that type of mortgage on record. Not only is @HSBC_CA’s new 10yr fixed rate the lowest 10yr ever advertised by a lender—according to our records—but remarkably, it’s just 40 bps above the lowest nationally available conventional variable. Talk about… Read More

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Trump’s new immigration plan was specifically designed to at least unify Republicans. That’s not happening.

The immigration blueprint President Trump unveiled Thursday “appears destined for the congressional dustbin, with no clear strategy from the White House to turn it into law and essentially no support from Democrats who control half of Capitol Hill,” The Washington Post notes. But White House and GOP officials say that doesn’t matter, the Post reports, because the plan is “primarily to showcase the kind of immigration that Trump and Republicans can support ahead of next year’s elections.” Jared Kushner, the president’s son-in-law and senior adviser, spent months on the plan, “meeting privately with business groups, religious leaders, and conservatives to find common ground among Republicans on an issue that has… Read More

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