Colorado School of Mines invests in 800-bed sophomore dorm Growing trend of colleges solving affordable housing shortage The Colorado School of Mines is turning to the muni market for the second time in six months to address a housing shortage for its growing campus...

Steelmaking ingredient tumbles by more than 5% on Wednesday Cost support set to kick in below $100 a ton, CBA’s Dhar says Iron ore extended a slide as China’s economic prospects weighed on the steelmaking ingredient, with futures nearing $100-a-ton levels that could...

An annual Northwestern Mutual survey finds financial discipline has gone down amid higher costs. Feelings of financial insecurity among Americans have reached their highest point in at least a decade. A third of American adults in Northwestern Mutual’s 2024 Planning...

Major automakers look to high-tech features beyond drivability Country’s cut-throat industry has had sluggish start to year In China, electric vehicles with built-in fridges and even in-car karaoke systems are considered passé. Instead, carmakers are turning to...

Consumer price index (CPI) grows by 0.7 per cent year on year in February, beating forecasts and marking first rise following six months of decline However, factory-gate prices fall for 17th straight month in what analyst describes as ‘warning signal’ that deflation...

Chinese consumers and central banks have bolstered gold market Timing of Fed pivot to cutting rates remains key gold driver This week’s gold rush may have been triggered by bets on the US Federal Reserve’s long-anticipated pivot to looser monetary policy, but the...

Conservatives irate over lack of major spending cuts in bill Remaining parts of the government now face March 23 deadline The US Senate approved a $460 billion funding package, sending it to President Joe Biden in time to sign before a looming Saturday partial...

Central bank posted lowest monthly CPI in almost 12 years The country is experiencing gradual economic recovery, VP says Venezuela’s Vice President Delcy Rodríguez on Friday rejected the findings of an opposition-led research group that showed consumer prices slipped...

In a previous post, we described the rapid growth of the stablecoin market over the past few years and then discussed the TerraUSD stablecoin run of May 2022. The TerraUSD run, however, is not the only episode of instability experienced by a stablecoin. Other...

And the West isn’t ready for it. On a recent Monday, when a generically named Chinese ship called the Explorer No. 1 docked in the German North Sea port of Bremerhaven, it may have inaugurated a new era in the global economy. What was special about the vessel was not...

Total climbed to $6.08 trillion in the week to March 6: ICI Institutional funds drove outflows from prime segment Money-market fund assets rose to a fresh record high for the second straight week on expectations short-term rates will remain elevated for longer after...

(Reuters) -U.S. household wealth rose to a record of roughly $156.2 trillion at the end of 2023 thanks to a surging stock market that offset a drop in property market values, the Federal Reserve said on Thursday. Household net worth rose about 3.2% in the period from...

Wage growth has moderated notably following its post-pandemic surge, but it remains strong compared to the wage growth prevailing during the low-inflation pre-COVID years. Will the moderation continue, or will it stall? And what does it say about the current state of...

FROM ONE-OFFS TO EMPLOYEE TENDER OFFERS In Silicon Valley, a tender offer that allows longtime employees at high-performing startups to get some liquidity is fast becoming an expected benefit. While secondary stock sales have always been possible, their popularity—and...