High mortgage rates have dampened home-buying demand, although a dwindling inventory has resulted in available properties selling out fast in some parts of the country. In the four weeks ended April 2, new listings declined by 21.8 percent compared to a year earlier, according to a news release on April 6 by real estate brokerage Redfin. This…
High Mortgage Rates Dampen Home Buying Amid Limited Inventory
April 7, 2023
admin
Business & Marketseconomyhigh mortgage rateshousing inventoryMarketsreal estateU.S. home salesUSUS Real Estate
0 Comment
World Food Prices Fall for 12th Month Running in March: FAO
ROME—The United Nations food agency’s world price index fell in March for a 12th consecutive month, and is now down 20.5 percent from a record high hit one year ago following Ukraine’s conflict. The Food and Agriculture Organization’s (FAO) price index, which tracks the most globally traded food commodities, averaged 126.9 points last month against…
The Banking Crisis ‘Great Reset’
April 7, 2023
admin
banking crisisBusiness & MarketsBusiness ColumnistsCompanieseconomic policieseconomygovernment controlMarketsTBTFUSUS News
0 Comment
Commentary On Sunday, March 5, 1933, just one day after his inauguration, newly elected U.S. President Franklin Delano Roosevelt declared a banking “holiday,” closing all U.S. banks for four days. By the time the first banks began to reopen, financial regulators had scoured the banking system to determine which banks would survive and which would…
Fed Should Stick to Raising Rates While Labor Market Strong, Bullard Says
The Federal Reserve should stick to raising interest rates to lower inflation while the labor market remains strong, given the high probability recent financial stresses will continue to abate and absent a marked tightening of credit conditions, St. Louis Fed President James Bullard said on Thursday. “We’ve got a long ways to go and I…
Asian Stocks Rise Ahead of US Job Market Update
April 7, 2023
admin
AsiaBusiness & MarketsCompanieseconomic policieseconomyenergyGold and CommoditiesinflationMarketspersonal financestocks
0 Comment
BEIJING—Asian stock markets rose Friday ahead of a United States job market update that traders hope will encourage the Federal Reserve to ease off plans for more interest rate hikes. Shanghai, Tokyo, and Seoul advanced. New York, London, and Frankfurt were closed for the Good Friday holiday. Traders who worry higher interest rates might tip…
Closing Prices for Crude Oil, Gold and Other Commodities (Apr. 6)
April 6, 2023
admin
Benchmark U.S. crude oilBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
0 Comment
Benchmark U.S. crude oil for May delivery rose 9 cents to $80.70 a barrel Thursday. Brent crude for June delivery rose 13 cents to $85.12 a barrel. Wholesale gasoline for May delivery fell 1 cent to $2.81 a gallon. May heating oil fell 7 cents to $2.66 a gallon. May natural gas fell 14 cents…
California Gas Prices Could Rise After OPEC Cut Oil Production: Experts
April 6, 2023
admin
Business & MarketsCaliforniagas priceGavin NewsomGold and CommoditiesMarketsNorthern CaliforniaRegional & State NewsRegional NewsSouthern CaliforniaState NewsUS
0 Comment
Californians should expect to see higher prices again this summer as Middle East oil producers cut production, according to industry experts. The Organization of Petroleum Exporting Countries (OPEC+) announced April 3 the decision by a handful of countries—including Russia and Saudi Arabia—to cut oil production by about 1.4 million barrels a day starting next month….
China Sees Wave of Large Private Companies Broken Up, Listed on Stock Exchanges
April 6, 2023
admin
AlibabaAlibaba's IPOAsia & PacificBusiness & MarketsChinaChina Business & EconomyChina's economic policieschinese economic downturnChinese RegimeHK BusinessHong KongHong Kong Stock Exchangeinitial public offeringJack MaJD.comjingdongMarketsNYSErecessionSocial Issuesstocksthe New York Stock ExchangeUS-China relationsWorld
0 Comment
AlibabaAlibaba's IPOAsia & PacificBusiness & MarketsChinaChina Business & EconomyChina's economic policieschinese economic downturnChinese RegimeHK BusinessHong KongHong Kong Stock Exchangeinitial public offeringJack MaJD.comjingdongMarketsNYSErecessionSocial Issuesstocksthe New York Stock ExchangeUS-China relationsWorld
Several large Chinese companies have recently been restructured for listing on the stock exchange, with most of them privately owned. Days after Alibaba’s restructuring was announced, Jingdong (JD.com), another Chinese e-commerce platform, announced on March 30 that its sub-companies JD Industrial and JD Production and Development will be spun off and listed on the Hong…
Central Banks’ Gold-Buying Spree Continues for Eleventh Consecutive Month
Global central bank gold reserves increased by an additional 52 tons in February, representing the eleventh consecutive month of net purchases of the yellow metal, new data show. According to the latest figures from the World Gold Council (WGC), China was the biggest gold buyer in February, acquiring 24.9 tons. The People’s Bank of China…
Central Banks’ Gold-Buying Spree Continues for 11th Consecutive Month
Global central bank gold reserves increased by an additional 52 tons in February, representing the 11th consecutive month of net purchases of the precious metal, new data show. According to the latest figures from the World Gold Council (WGC), China was the biggest gold buyer in February, acquiring 24.9 tons. The People’s Bank of China…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta