Jun 9, 2024 | Markets
Poll shows Labor neck-and-neck with center-right opposition Australian election due to be held within the next 12 months Support for Australia’s center-left Labor government has slumped after a week of poor economic news and political tensions over immigration,...
Jun 8, 2024 | Markets
MANILA, Philippines — Nomura Global Markets Research slashed its inflation forecasts for the Philippines in the next two years due to the reduction of import tariffs on rice to 15 percent from 35 percent. Research analysts Euben Paracuelles and Nabila Amani said...
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 5, 2024 | Markets
The pay gap between job stayers and job changers narrowed in May in the latest sign that the US labor market is cooling from a hot start to 2024. New data from ADP released Wednesday showed that the median year-over-year pay increase for job switchers fell to 7.8% in...
