China’s consumer prices fell for the first time in more than two years in July, while the country’s factory-gate price index declined at a slower rate, official data showed Wednesday. China’s consumer-price index dropped 0.3% from a year earlier in July, after remaining flat in June, the National Bureau of …
Devamını oku »Bitcoin halving events helped crypto rally before, but maybe not this time
Crypto investors hoping that bitcoin’s coming halving event could trigger a rally of the coin’s price may be disappointed, according to Kaiko Research. Bitcoin has been stuck under $30,000 for the past few weeks, but a past catalysts for its rally might not work this time, Kaiko Research said on …
Devamını oku »Majority of Americans believe it’s a bad time to buy a home, says Fannie Mae. Here’s why it may not get better anytime soon.
With the 30-year in the 7% range and home prices continuing to rise, the typical home buyer is feeling quite miserable about the prospect of buying a home. Some 82% of consumers said that it was a “bad time to buy a home” in July, up from 78% in June, …
Devamını oku »$25 trillion Treasury market is in the spotlight as U.S. loses its AAA rating for a second time
Will August 2023 be a repeat of August 2011? Fitch Ratings on Tuesday became the second major credit firm to cut the U.S. government’s top AAA rates to AA+, a move that was swiftly condemned by the White House and the Treasury Department. But if the past can be a …
Devamını oku »China Caixin manufacturing PMI slips into contraction for first time in 3 months
A private gauge of China’s factory activity tumbled into contraction in July, weighed down by slower output and weaker market demand. The China Caixin manufacturing purchasing managers index fell to 49.2 in July from 50.5 in June, according to data released Tuesday by Caixin Media Co. and S&P Global. It …
Devamını oku »‘I’ve suffered for a long time’: My mother demanded I return my inheritance so she could give it to my brother, who has a drug addiction. What should I have done?
I’ve read your advice to other people. I’ve suffered for a long time with my own financial and family problems. I would value your thoughts. My younger brother developed a lifelong drug addiction when he was a teenager. My father, who grew up in an orphanage, provided him with financial …
Devamını oku »In the US, the ISM manufacturing index falls below 50 for the first time since May 2020 – Latest news
In the US, the Supply Management Institute (ISM) announced its manufacturing industry index for November. As a result, the ISM manufacturing index decreased by 1.2 points to 49 in November compared to the previous month. Thus, the index fell to its lowest level kakım the US economy contracted for the …
Devamını oku »Markets are waiting for Fed Chairman Jerome Powell’s speech: when and at what time will he make a statement? – Last minute economic news
Fed Chair Powell is expected to speak at the event at the Brookings Institution in Washington ahead of the critical interest rate decision on Dec. 13-14. Global markets focus on Powell’s speech As mounting recessionary pressures around the world continue to impact asset prices, expectations for upcoming monetary policy decisions …
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