A housing market price drop ‘only seen a handful of times’ is coming in 2024, Morgan Stanley says
The astronomical rise in mortgage rates over the past year has put homeownership out of reach for millions of Americans,...
Economy
Argentina’s Milei won his ‘war against the elite.’ Does his victory bode well for Trump in 2024?
Donald Trump struck a fatherly tone when congratulating Argentine President-elect Javier Milei on his resounding electoral victory Sunday, telling the...
Labour’s non-dom tax status plans raise relocation concerns among UK’s wealthy
The prospect of a Labour government in the UK has caused ripples of concern among the country's non-domiciled residents, colloquially...
Analysis-Japan’s back-to-back wage bonanza would open door for BOJ exit
By Tetsushi Kajimoto and Kentaro Sugiyama TOKYO (Reuters) - Japan's big employers are set to follow this year's bumper pay...
US weekly jobless claims fall; labor market still slowing
WASHINGTON - The number of Americans filing new claims for unemployment benefits fell more than expected last week, but that...
The U.K. is lifting its minimum wage to nearly double the U.S. low wage
Chancellor Jeremy Hunt has outlined a plan to lift what’s called the national living wage by nearly 10%, from £10.42...
Goldman Sachs predicts 6.2% GDP growth for India in FY24
Anticipating a robust economic outlook for India, Goldman Sachs has projected the country's GDP growth to stand at 6.2% for...
U.S. jobless claims drop to five-week low of 209,000, but the report also contains hints of trouble
The numbers: The number of Americans who applied for unemployment benefits last week fell to a five-week low of 209,000,...
Poor euro zone bank valuations seen a drag on credit growth: ECB
FRANKFURT (Reuters) - Low valuations for euro zone bank stocks appear to reflect concerns about credit risk and shareholder payouts,...
Families hosting Thanksgiving dinner feel financial burden from inflation
Stubborn inflation is weighing on American households as they plan for their Thanksgiving dinner, according to a new survey from...
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