Mortgage rates are going up again but home prices aren't coming down: Why the housing market is out of whack
When the Federal Reserve kicked off its rate-hiking campaign in March last year, the housing market responded predictably — mortgage rates climbed, leading to eventual declines in home prices.
2023-07-08 23:20
Wall Street Soothsayers Have Rarely Been So Bewildered About What’s Next
Up and down Wall Street, forecasters were caught flat-footed by how the first half of 2023 unfolded in
2023-07-08 23:18
France’s Le Maire Says Policies Must Recognize Inflation Easing
French Finance Minister Bruno Le Maire said policymakers must account for the fact that Europe is moving past
2023-07-08 22:51
Ex-AQR Quant Says Inverted Yield Curve Won’t Crush Bond Returns
Worried that the dreaded inversion of the Treasury yield curve will lay out traps for your bond portfolio
2023-07-08 21:29
Prisons Aren't Remotely Ready for Extreme Weather
Texas was among the hottest places on Earth last week as a heat wave brought misery from Mexico
2023-07-08 20:24
US Treasury chief Yellen appeals to China for cooperation on climate and other global challenges
Treasury Secretary Janet Yellen has appealed to China not to let disagreements about trade and other irritants disrupt cooperation on climate change and other global challenges
2023-07-08 19:55
Should public buses be free?
More major cities in the United States are letting public transit riders hop on board for free.
2023-07-08 18:57
TotalEnergies boss: 2024 U.S. election could cause energy shock
PARIS The U.S. presidential election could trigger a major energy shock if Republicans were to win and decide
2023-07-08 17:26
Erdogan Says Turkey Wants Three-Month Extension of Grain Deal
Turkey wants the safe-transit deal for Ukrainian grain exports from Black Sea ports extended for three months instead
2023-07-08 17:24
Subway was struggling. Here's what it had to change to fight back
Adding freshly sliced meat isn't the only major change Subway has made in the past several years.
2023-07-08 17:23
Charting the Global Economy: Employers in US Temper Hiring Pace
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. US employers
2023-07-08 17:22
Yellen urges 'direct' talks, US-China climate collaboration
Washington and Beijing should communicate "directly" on concerns about specific economic practices, US Treasury Secretary Janet Yellen said Saturday, urging greater cooperation between the world's...
2023-07-08 16:56