Browsing: Economy

The numbers: Sales of newly built homes in the U.S. plunged in November as elevated mortgage rates took their toll on home buyers. U.S. new-home sales…

By Harry Robertson LONDON (Reuters) – Investors have poured $40 billion into stocks since Oct. 9, the biggest two-week inflow since February 2022, as equities rallied,…

Government-bond yields in the U.S. and the U.K. finished lower on Wednesday after the latest inflation report from Britain fueled hopes for continued easing in price…

By Nivedita Balu TORONTO (Reuters) – The Bank of Canada’s warning that borrowing costs are likely to stay higher-for-longer has prompted anxious mortgage owners to turn…

TOKYO — Japan’s overall consumer prices rose 2.8% from a year earlier in November, government data showed Friday. That was slower than the 3.3% increase in…

By Miranda Murray and Rene Wagner BERLIN (Reuters) – German business morale improved for a third straight month in November, the Ifo institute said on Friday…

The U.S. inflation rate, based on the Federal Reserve’s preferred personal consumption expenditure index, fell in November for the first time since 2020 and indicated that…

BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva has decided to veto a bill which was set to extend a payroll tax exemption to…

We have many reasons to believe U.S. inflation will remain elevated for several more years, and stocks may be your best option for long-term savings. During…

FRANKFURT (Reuters) – No one is a prophet in their own land, including European Central Bank President Christine Lagarde, who admitted on Friday that her son…