[ad_1] Traders work on the floor of the New York Stock Exchange (NYSE) on July 25, 2022 in New York City. Spencer Platt | Getty Images News | Getty Images…
Tag: Economic events
Turkey’s devastating earthquake comes at a critical time for the country’s future
[ad_1] Civilians look for survivors under the rubble of collapsed buildings in Kahramanmaras, close to the quake’s epicentre, the day after a 7.8-magnitude earthquake struck the country’s southeast, on February…
Rent prices have dropped the most in these 5 U.S. metros. Why it’s cheaper to rent than buy in many markets
[ad_1] Colorful cafe bars at the iconic Beale Street music and entertainment district of downtown Memphis, Tennessee. benedek | iStock | Getty Images Despite broad hikes in rental prices, competition…
China’s reopening ‘good news’ for growth — but could be inflationary, economists warn at Davos
[ad_1] China’s reopening has been one of the most discussed topics at the World Economic Forum in Davos. Bloomberg | Bloomberg | Getty Images DAVOS, Switzerland — China’s economic reopening…
Holiday sales fall short of expectations, set stage for tougher 2023 for retailers
[ad_1] Shoppers walk through the Urbanspace Holiday Shops at Bryant Park in New York, U.S., on Sunday, Dec. 12, 2021. Gabby Jones | Bloomberg | Getty Images Holiday sales fell…
Homebuilder sentiment rises in January for the first time in a year, thanks to lower mortgage rates
[ad_1] Homes under construction in Tucson, Arizona, U.S., on Tuesday, Feb. 22, 2022. Sales of new U.S. homes retreated in January after a flurry of purchases at the end of…
A stablecoin collapse could spill into the U.S. bond market and economy, professor warns
[ad_1] The near $1.4 trillion collapse of the crypto market in 2022 didn’t make a dent to traditional assets like stocks or to the real economy. But one academic has…
China’s reopening could boost Australia’s economy by 1%, JPMorgan says
[ad_1] According to JPMorgan, a full recovery in Australia’s tourism will add 0.5 percentage points to its GDP and the return of international students from China will add another 0.4…
Consumer confidence in housing finally rises, thanks to falling home prices
[ad_1] Prospective buyers view a real estate showing. Carline Jean | Sun Sentinel | Tribune News Service | Getty Images Mortgage rates are still twice what they were a year…
Automakers are cautiously optimistic for a 2023 rebound after worst new vehicle sales in more than a decade
[ad_1] New Jeeps on display at a New York City car dealership on Oct. 5, 2021. Spencer Platt | Getty Images DETROIT — Automakers are hopeful last year’s new vehicle…