U.S. existing-home sales fall again as housing downturn gathers steam
admin The numbers: U.S. existing-home sales fell 1.5% to a seasonally adjusted annual rate of 4.71…
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Jobless claims drop to three-week low of 214,000 as Hurricane Ian effects fade
The numbers: The number of people who applied for unemployment benefits fell by 12,000 in…
Read MoreSelf-proclaimed ‘Used-Car King of New York’ pleads guilty in national temporary-license-plate scam
A man who called himself the “Used-Car King of New York” has pleaded guilty to…
Read MoreUBS has released its annual house price bubble report. Here are the most overvalued markets.
The housing market is in something of its own recession as mortgage rates have surged.…
Read MoreIndonesia’s central bank raises rates further in bid to cool inflation
Indonesia’s central bank raised its benchmark interest rate further on Thursday in a bid to…
Read MoreGerman producer prices surge 45% annually in September, the biggest increase ever for a second straight month
Germany’s producer prices rose strongly in September from a year earlier, driven by higher energy…
Read MoreJapan’s exports rise 28.9% in September on auto, mineral fuels demand
Japan’s exports rose for the 19th month in a row in September, driven by strong…
Read MoreFed’s Bullard thinks inflation can come down without throwing a wrench in strong labor market
The Federal Reserve can get inflation back down to its 2% target without throwing a…
Read MoreInflation still high but easing Fed’s Beige Book finds, as recession fears grow
Inflation eased a bit in the early fall, a Federal Reserve survey found, but prices…
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Home builders sentiment index falls for record tenth month in a row in October. Home builders say the ‘situation is unhealthy and unsustainable.’
The numbers: The National Association of Home Builders’ (NAHB) monthly confidence fell 8 points to…
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