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...
#Economy 79 articles
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...
Finance
South West Tourism Reports Strong Bank Holiday Gains
South West England's tourism sector experienced a significant boost over the recent bank holiday weekend, driven by temperatures reaching 31C. Businesses in...
Economy
Consumer Sentiment Hits Record Low as Iran Conflict Fuels Inflation Fears
U.S. consumer sentiment plummeted to a new low of 44.8 in May, driven by high gas prices and escalating inflation concerns linked...
Economy
War Fuels Inflation in Fed’s Key Price Gauge
The Federal Reserve's preferred inflation gauge is nearing 4%, driven by war-related energy costs, raising concerns about broader price pressures.