Jun 7, 2024 | Markets
US consumer borrowing increased in April by less than forecast as credit-card balances declined for the first time in three years. Total credit rose $6.4 billion after a downwardly revised $1.1 billion decrease in March, according to Federal Reserve data released...
Jun 7, 2024 | Markets
Read the story US apartments were supposed to be an ironclad investment, with potential for double-digit returns as the housing shortage propels rents ever higher. Instead, a blowout in multifamily building loan deals have left some retail investors in a world of...
Jun 7, 2024 | Markets
Syndicators made big purchases that are unraveling with high interest rates, adding distress to an already troubled US property market. Lynn Nathe was growing tired of the meager gains from her family’s retirement account. In late 2021, she invested $200,000 with a...
Jun 4, 2024 | Markets
Rising imports were offset by higher exports and inventories Household savings slid to 0.9% from downwardly revised 1.6% Australia’s economy all-but stalled in the first three months of the year as elevated interest rates and cost of living pressures weighed heavily...
Jun 4, 2024 | Markets
Alliance to unwind production cutbacks from the fourth quarter Demand concerns, signs of ample supplies add to declines Oil fell to the lowest in about four months after OPEC+’s plan to loosen its production curbs this year deepened the market’s bearish sentiment. The...
