Mortgage Rates Hit New Highs, Testing Homebuyers’ Resilience
Mortgage rates continued their relentless climb, reaching new heights this week, creating a challenging environment for homebuyers as they grapple with surging interest costs and
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China Accuses EU of Protectionism in Electric Vehicle Probe
Tensions between China and the European Union (EU)escalated on Thursday as China vehemently criticized the EU’s investigation into Beijing’s electric vehicle subsidies, labeling it a
ECB Raises Key Interest Rates in Bid to Tackle Inflation Surge
In a bid to grapple with soaring inflation, the European Central Bank (ECB) has announced a 25 basis points (bps) increase in its key interest
Oil Prices Surge as OPEC Tightens Supply
Oil prices surged to their highest levels this year on Thursday, with Brent crude surpassing $93 per barrel. The rally in oil prices was spurred
Navigating Challenges: Dollar General Emphasizes Value
Dollar General, a cornerstone in the realm of discount retail, is setting its sights on delivering even greater value to its shoppers, acknowledging the hurdles
Resilient August Retail Sales Defy Interest Rates
In a surprising turn of events, the latest retail sales figures for August have demonstrated the resilience and confidence of US consumers, despite the backdrop
Wholesale Prices Challenge Federal Reserve’s Inflation Battle
Wholesale prices in the United States experienced a notable surge in August, defying the Federal Reserve’s vigorous attempts to rein in inflation through a series
United Auto Workers Prepare for Potential Strike – Contract Dispute
United Auto Workers (UAW) President Shawn Fain announced on Wednesday, with just over 24 hours remaining before the strike deadline, that the companies’ offers are
Arm Holdings Achieves $54.5 Billion Valuation in US IPO
Chip designer Arm Holdings garnered a valuation of $54.5 billion in its highly anticipated initial public offering (IPO) on Wednesday. This move comes seven years
Hot Retail Sales and Inflation Data Ignite Wall Street Rally
Wall Street saw a surge in stocks at the opening bell on Thursday, driven by robust retail sales and wholesale price inflation data that exceeded
