South Korea reports trade deficit for fourth straight month in July
admin South Korea posted a trade deficit for a fourth straight month in July as energy…
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China manufacturing sector contracts in July, home sales fall sharply
China’s major economic pillars wobbled in July with weakness in manufacturing and the all-important property…
Read MoreKashkari says Fed is committed to reining in inflation, but ‘we are a long way away’
Calling the latest inflation readings “very concerning,” Federal Reserve Bank of Minneapolis President Neel Kashkari…
Read MoreCorporate landlords harassed tenants, filed evictions during pandemic, House investigation finds
An executive for the Siegel Group, a Las Vegas-based real estate company, allegedly told staff…
Read MoreIs the U.S. in recession now? Not yet — and here’s why
The official scorecard for the U.S. economy contracted in the spring for the second quarter…
Read MoreLured by record-high rents, homebuilders ramp up construction of apartments
Homebuilders built fewer single-family homes in June. But they’re betting on the rental market to…
Read MoreWith rents at record highs, ‘it’s tough to see how renters — whether or not they want to buy a home — will ever catch up’
Tenants are caught between too-high rents and too-high homeownership costs, depriving them of the American…
Read MoreIs the housing market in a recession? Here’s what economists are saying
The housing market is cooling off. After two years of red-hot sales, economic data paints…
Read MoreHow to position your portfolio when the Fed, stock-market investors differ on recession calls
Federal Reserve Chair Jerome Powell’s optimistic comments about the U.S. economy on Wednesday added to…
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Opinion: The Fed vowed to crush inflation with higher rates. Then the stock market rallied. Here’s why. (It’s not good news.)
‘‘We are now at levels broadly in line with our estimates of neutral interest rates,…
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