The numbers: The S&P CoreLogic Case-Shiller 20-city house price index rise fell 0.5% in October, its fourth monthly decline. Year-over-year appreciation rose 8.6%, slowing from 10.4% in the previous month. Read more
Tag: October
U.S. stocks end mostly lower, with S&P 500 suffering longest losing streak since October
U.S. stocks closed mostly lower Wednesday, with the S&P 500 falling a fifth straight day as investors continued fearing a recession could be triggered by the Federal Reserve’s aggressive interest Read more
U.S. Pending Home Sales Fell in October as Demand Wanes — NAR
By Xavier Fontdegloria The number of houses going under contract in the U.S. declined again in October as rapidly rising mortgage rates and low affordability hurt demand, data from the Read more
Retail sales rose 1.3% in October as U.S. consumer spending remained strong
Retail sales rose 1.3% in October as U.S. consumer spending remained strong
U.K. inflation hit fresh four-decade high of 11.1% in October
U.K. inflation accelerated in October, reaching a fresh four-decade high, as higher wholesale energy prices fed through households’ utility bills. The U.K.’s Office for National Statistics said Wednesday that consumer Read more
U.S. budget deficit narrows sharply in October
The numbers: The U.S. federal budget deficit narrowed to $87.8 billion in October, down from $165.1 billion in the same month last year, the Treasury Department said Wednesday. This is Read more
The rise in food prices slowed in October, but some items increased by up to 43%. So what’s going on?
The months-long rise in food prices has finally shown signs of cooling. Inflation hit 7.7% in October compared to a year ago, down from 8.2% in September, the government said Read more
New homeowners and renters are hit hard by October inflation — here’s how they’re cutting back on expenses to beat rising costs
Inflation is cooling, but shelter makes up the lion’s share. Headline inflation fell by more than expected last month. In October, prices rose by 7.7% on the year in the Read more
U.S. inflation likely to post another sharp increase in October, CPI to show
Inflation in the U.S. likely rose sharply again in October, but the latest look at the cost of living might also show a few signs of easing price pressures. Here’s Read more
China’s consumer inflation eases in October
China’s consumer inflation eased in October, while factory-gate prices fell from a year ago for the first time in nearly two years, reflecting weakening domestic demand as the economy cooled Read more