Here Come the HELOCs: Mortgages, Housing-Debt-to-Income-Ratio, Serious Delinquencies, and Foreclosures in Q1 2026
Mortgage balances barely ticked up, but HELOCs soared. By Wolf Richter for WOLF STREET. Mortgage balances barely inched…
Zambia moves to gain more control of its mining wealth from foreign firms, but says it won’t use force
The Southern African country’s state investment company, ZCCM Investments Holdings, recently relayed its intent to increase its…
As inflation gets worse, Trump has nothing to offer but ignorance and incoherence
Americans have confronted plenty of data over the past week on inflation, and all of it is deeply…
Insolvency filings rising fast, why more couples are living apart together and the Home of the Week: Canadian real estate news for the week of May 15
Open this photo in gallery: The home of the week is a cabin in the woods that feels…
Gilts Slump in Anticipation of Burnham Challenge to Starmer
(Bloomberg) — UK government bonds tumbled after Manchester Mayor Andy Burnham secured a pathway to potentially challenge Keir…
Federal government invests over $20M in southwestern Ontario businesses to combat tariff impacts – CTV News
Federal government invests over $20M in southwestern Ontario businesses to combat tariff impacts CTV News14 Windsor businesses to share…
Petroleum and coal product sales highest since September 2023: StatCan – National
Descrease article font size Increase article font size Sales in the petroleum and coal product subsector rose 22.7…
Treasury Department Draws Financial Crisis Parallel With $25 Billion Move
The markets continue to generally rally even as the Strait of Hormuz has been effectively closed for two-and-a-half…
Small Business Closures Rise Across Russia
Russia’s small and medium-sized businesses (SMBs) are shutting down at an accelerating pace as higher taxes, weak consumer…
Walmart layoffs raise new fears about the economy
On paper, the U.S. economy might seem strong. There were 115,000 jobs added in April, beating expectations. But…
US, Brazil see jump in ethanol exports as consumers seek to boost fuel supplies
By Marcelo Teixeira NEW YORK, May 15 (Reuters) – The United States and Brazil, the two largest producers…
U.S. debt demand weakens as one shock after another stokes fear that high inflation is here to stay
Bonds sold off sharply around the world on Friday as investors brace for persistently elevated inflation amid the…