Posted on

New Zealand House Prices Have Crashed, Wiping Out Billions in Wealth

Michael Wilson was hopeful when he put his three-bedroom house up for sale: Over a dozen would-be buyers came to the initial showing.But about a year later, the property is […]










Posted on

Fed Pauses Interest Rate Increases but Suggests More Are Ahead

Federal Reserve officials left interest rates unchanged on Wednesday, skipping an increase after raising rates 10 times in a row since March 2022. Still, policymakers predicted that they might need […]




Posted on

UK Braces for Higher Interest Rates as Risk of Inflation Grows

Britain on Tuesday received another sign that inflation could painfully linger. The country braced, once again, for higher interest rates as bond yields climbed above the levels when Liz Truss […]







Posted on

U.S. Economy’s Staying Power Poses Big Questions for the Fed

Employers are hiring rapidly. Home prices are rising nationally after months of decline. Consumer spending climbed more than expected in a recent data release.America’s economy is not experiencing the drastic […]




Posted on

World Bank Projects Weak Global Growth Amid Rising Interest Rates

The World Bank said on Tuesday that the global economy remained in a “precarious state” and warned of sluggish growth this year and next as rising interest rates slow consumer […]







Posted on

Why Are Food Prices So High in Europe? Sugar, Cheese and Bread Costs Soar

Agricultural and energy costs are falling, but basic items remain stubbornly expensive for consumers.It is the most basic of staple food items: sliced white bread. In Britain, the average price […]