Browsing: Economy
The cost of buying a new house just hit a fresh record as mortgage rates rose to the highest level this year, according to a new report. Findings from Redfin…
Some small farms are in trouble, and inflation is eating into their profits. Some owners said their farms may not survive to pass on down the family line. “I might…
UFC star Renato Moicano says he wants to get his bonus paid in bitcoin as he predicts a rise in interest rates. “Bitcoin, even though it’s dropping a little bit,…
The astronomical rise in the U.S. national debt poses “significant risks” to the global economy and threatens to continue fueling high inflation, according to a new warning from the International…
Mortgage rates climbed above 7% this week for the first time in 2024, continuing their upward trajectory and putting further pressure on the housing market. Freddie Mac’s latest Primary Mortgage…
The commercial real estate market is starting to buckle under the weight of higher interest rates and remote work. There were 625 commercial real estate foreclosures in March, up 6%…
A string of hotter-than-expected inflation data since the start of the year has diminished the odds of an immediate interest rate cut by the Federal Reserve. The consumer price index,…
Boeing whistleblower Sam Salehpour has doubled down on his claims that Boeing 787 Dreamliner planes need to be grounded due to widespread safety concerns. Salehpour, a Boeing engineer, previously alleged…
U.S. job growth has repeatedly blown past expectations since the start of the new year, but there has been a consistent factor underpinning those surprisingly strong figures: the government. The…
The International Monetary Fund on Tuesday modestly upgraded its outlook for the world economy, but warned of ongoing risks including persistent inflation and geopolitical turmoil. The Washington-based institution said in…