Finance
US Home Sales Rebound Despite Higher Rates, Record Prices
Sales of previously occupied U.S. homes accelerated in May to their fastest pace this year, marking a sharp turnaround despite rising mortgage...
#Economy 55 articles
Economy
US Job Openings Climb to 7.6 Million in April Despite Iran War Fallout
U.S. job openings surged to 7.6 million in April, demonstrating unexpected resilience in the labor market despite economic uncertainty stemming from the...
Economy
Dutch Model Slashes Youth Unemployment: A Blueprint for UK Engagement
The Netherlands boasts a 4.9% youth Neet rate, significantly lower than the UK's 15.1%, thanks to a 'no dead ends' education and...
Finance
US Mortgage Rate Dips to 6.48%, Retreats From 9-Month High
The average long-term U.S. mortgage rate fell to 6.48% this week, easing from its highest level in nine months and offering relief...
Stocks
Dollar General Draws Shoppers Across Income Brackets Amid Economic Strain
Dollar General is seeing increased customer traffic from all income levels, including high-earners, as economic pressures mount. The retailer attributes this to...
Finance
Australia Boosts Minimum Wage 4.75% Amid Economic Uncertainty
Australia's industrial umpire has raised the national minimum wage by 4.75%, citing economic uncertainty and falling short of closing the real wage...
Economy
Inflation Gauge Hits 3-Year High, Consumer Confidence Declines
A key inflation gauge accelerated in April to a three-year high of 3.8%, squeezing American finances as consumer confidence slides and mortgage...
Finance
US Mortgage Rate Climbs to 6.53%, Highest in Nine Months
The average long-term U.S. mortgage rate rose to 6.53% this week, its highest in nine months, posing a setback for prospective homebuyers.
Finance
US Hunger Surpasses Pandemic Peak, New Fed Survey Reveals
A new Federal Reserve Bank of New York survey shows food insecurity in the U.S. is now higher than during the peak...