The retirement trap wiping out family inheritances
Since 1991, the No Negative Equity Guarantee has protected families from owing more than the property is worth.…
India’s inflation accelerates to 4.38% in June, exceeding forecasts
NEW DELHI, INDIA – JULY 9: People are seen crossing a waterlogged road after the heavy rainfall at…
The volatile AI trade marched higher, but oil kept Wall Street on edge last week
Wall Street’s record-setting start to the week ran into two familiar sources of volatility: the artificial intelligence trade…
Canada’s GDP growth ‘not sufficient,’ FCC economist says
SASKATOON — Canada may be in a technical recession, but it doesn’t feel like one, says an economist.…
RBA ‘failed’ to get inflation under control and last year’s interest rates cuts were a ‘mistake’, leading economist says
Last year’s three interest rate cuts were a “mistake” and the Reserve Bank of Australia “failed” to bring…
Central bank trims borrowing costs to 2022 low, sees room for further rate cuts
The Bank of Israel on Monday decided to lower interest rates, following the US deal with Iran, eased…
From $71 million to $39 trillion – U.S. national debt’s 250-year climb
America’s national debt has always reflected the trajectory of the nation itself—one rising as the other, at least…
Türkiye says disinflation back on track as June price growth eases
Türkiye’s annual inflation cooled in June after two months of faster price growth linked to the fallout from…
June sees biggest monthly fall in national housing values since 2022, Cotality finds
The biggest monthly decline in home values in more than three years has been recorded as the housing…
News of the day: Inflation rate spikes, Bank of Canada to hold rates, retirement phases, Churchill Falls deal, HST rebate drives home sales and more
A motorcycle is parked at a Circle K gas station on June 16 in Austin, Texas. (Credit: Brandon…
Fed Chair Warsh expected to withhold ‘dot’ from central bank’s interest rate outlook
When the Federal Reserve wraps up its policy meeting Wednesday, one important thing could be missing — a…
Japan Raises Rates to 31-Year High to Ward Off War Inflation
The Bank of Japan joined other major global central banks in raising interest rates to head off an…