Economy
-
New Home Sales Drop Across All Five States, HIA Reports 19.3% Quarterly Decline
SYDNEY, September 16 — The story begins with a number the housing industry had been dreading. New home…
-
Fed Raises Rates for First Time Since July 2023, Pressuring Bank Stocks
WASHINGTON, September 16 — The Federal Reserve raised its benchmark federal funds rate by a quarter of a…
-
Treasury Chief Hails Buyback Even as 10-Year Yield Hits 5.041%
WASHINGTON, September 15 — The 10-year US Treasury note yield reached 5.041% on Tuesday, a 19-year high, according…
-
Canada Closes First Investment Summit With Nearly $500 Billion in Commitments
TORONTO, September 15 — The Canadian government closed its first Canada Investment Summit with a headline number that…
-
From Nike to Starbucks, tariff relief for stocks is fleeting
NEW YORK, September 12 — The economic stake in this week’s tariff headlines was never really about the…
-
Distressed Sales Stay at 2% as Existing-Home Sales Hit 3.98 Million Pace
WASHINGTON, September 11 — The story begins with a number that looks like trouble: existing home sales in…
-
US home sales slow to weakest pace in over a year as rates rise
WASHINGTON, September 11 — The story of the American housing market this autumn is one of a market…
-
Treasury Triples Bond Buybacks to $6 Billion, and Yields Shrug
WASHINGTON, Sept. 9 — The U.S. Treasury Department’s decision to triple its quarterly bond buyback to $6 billion…
-
ECB Revises Up Euro Area Growth Projections for 2026 and 2027
FRANKFURT, September 10 — The European Central Bank’s September 2026 staff macroeconomic projections describe a euro area economy…
-
New Homeowners Face Repair Bills and Rising Ownership Costs, Surveys Find
Washington, September 9 — Repair and remodeling costs for U.S. homes rose at their fastest pace in two…
-
Nucor Rides the Tariff Trade to a 50 Percent Gain, and a Stretch Valuation
NEW YORK, September 2 — Nucor’s stock is up more than 50% in 2026, and MarketBeat’s August 26…
-
China’s $10.8B Pinglu Canal Opens, Cutting Shipping From Two Days to Two Hours
Nanning, September 8 — China is set to open the Pinglu Canal, a 134-kilometer waterway linking Nanning, the…
-
Chinese Competition Eats at Germany’s Industrial Edge As Exports Slide
Moosburg, August 25 — German companies are under mounting pressure to adapt as China challenges them in their…
-
NZ Trade Terms Plunge On 79 Percent Fuel Import Price Surge
WELLINGTON, Sept 6 — New Zealand’s terms of trade suffered their steepest quarterly deterioration in over a decade…
-
Central Banks Led by China, Poland Keep Buying Gold in July
LONDON, Sept. 5 — Central banks kept buying gold in July, but the pace is cooling. Net reported…
-
Global Bond Sell-Off Pushes U.S. Treasury Yields to 24-Year Highs
Washington, September 5 — The yield on the 10-year U.S. Treasury reached 4.80%, the highest since early 2025,…
-
Norway’s Wealth Fund Proposes Cutting Government Bonds, With Treasuries Hit Hardest
OSLO, September 4 — Norway’s sovereign wealth fund, the Government Pension Fund Global, which manages assets worth approximately…
-
US Economy Adds 162K Jobs in August, Beating Forecasts
WASHINGTON, Sept. 4 — The US economy added 162,000 jobs in August, surpassing economists’ expectations of around 150,000…
-
US National Debt Hits $40 Trillion Amid Rising Costs
WASHINGTON — The national debt of the United States has surpassed $40 trillion for the first time, according…
-
Treasury yields jump as traders bet on a Fed rate hike while US stocks slip
WASHINGTON, Sept. 2 — The yield on the benchmark 10-year US Treasury note climbed to its highest level…
-
Bank CEOs call latest tariff dispute manageable for Canada
TORONTO, Sept. 2 — Canada’s biggest banks are brushing off the latest U.S.-Canada trade flare-up as manageable, with…
-
Six Months Into the Iran War, Investors Prosper While Consumers Pay
WASHINGTON, Sept. 2 — Six months into the Iran war, the conflict’s economic toll has split sharply along…
-
Conference Board: Consumer Confidence Ticks Down in August
Washington, September 2 — The Conference Board reported a decline in its Consumer Confidence Index, reflecting growing caution…
-
ECB July Minutes Build Fresh Case for a September Rate Hike
FRANKFURT, Sept. 1 — The European Central Bank is increasingly likely to raise interest rates at its September…
Most read
-
Nvidia shares fall 3% as traders open $9.1M short on Huang spy scandal
-
Japan Tobacco’s 272-yen dividend at risk as Putin seizes Russian assets, stock crashes 19%
-
Nasdaq Suffers Biggest Drop in 19 Months as AI Regulatory Fears Trigger Market Sell-Off
-
Citi Links Hormuz Reopening to Fed Rate Cuts and $5,000 Gold Target
-
Airline Stocks to Watch: Fuel Costs, Earnings, and Oil Volatility Drive Sector Focus
-
How Canada’s Real-Time Rail Modernizes Financial Networks and Boosts Business Efficiency
-
Boeing 777 Freighter Conversions Face Supply Crunch as New Jets Delay
-
Teen Pilots Rise: Safety Rules and Training Under Scrutiny
-
Boeing 777X First Delivery Slips to Twenty Twenty Seven Nearly Decade Late
-
Senate Demand on Musk Signals New Limits for Starlink Users
-
Why Fraud and Phishing Now Dominate Gallagher New Zealand Cyber Insurance Claims
-
Cotality Report: Louisiana Leads U.S. States in Extreme Weather Homeowner Losses
-
Home Depot Stock Jumps 7% as Democrats Sweep Congress and Housing Hopes Rise
-
Small Business Owners Face Harsh Collection on Pandemic Loans
-
Why 7.4% Mortgage Rates Freeze Markets While 1970s Double-Digit Rates Did Not
-
How Nigeria’s Lithium Factories Could Reshape Africa’s EV Battery Costs and Energy Security
-
Spain Withholds 12% of Olive Oil to Prop Up Prices
-
Kotak Neo’s Banerjee Ties Gold, Rupee and Copper to Crude Volatility and Fed Rate Hikes
-
El Niño and Iran War Drive Agricultural Commodity Prices to New Highs
-
ICE Brent Hovers Near $110 as Middle East Tensions Keep Risk Premium High