Booming Number Of Retiring Boomers Supports Consumer Spending & Depresses Saving
The Doomsayers have long warned about one specific vulnerability of the US economy, i.e., the sustainability of consumer…
Egypt boosts Sinai oil output to nine-year high with Eni’s help as energy import bill surges
The Ministry of Petroleum and Mineral Resources said crude production from offshore fields in the Sinai Peninsula…
Japan wholesale inflation accelerates to fastest in 3 years as energy costs spike
By Leika Kihara TOKYO, June 10 (Reuters) – Japan’s wholesale inflation accelerated in May at the fastest pace…
China May wholesale inflation hits near 4-year high on Iran war, AI costs; CPI misses
A customer shops for gold jewelry at a gold store in Hangzhou, Zhejiang Province, China, on June 3,…
Inflation in May likely topped 4% for the first time in 3 years, economists say
Economists expect a key inflation gauge set to be released on Wednesday to show that U.S. consumer prices…
Mortgage Rates Hold Perfectly Steady
Mortgage rates put an end to the most recent spike that followed last Friday’s jobs report. Most of…
Why Japan’s Takaichi has stepped back from BOJ rate hike debate
Comment Prime minister faces pressure from markets, US on inflation and yen Comments from BOJ Gov. Kazuo Ueda…
Bank of America economists warn Australia’s house prices will continue to fall as ‘correction’ talk amplifies
Australia’s housing market has become so overheated that it is now attracting the attention of some of the…
India’s growth story faces its toughest test yet in Modi’s third term
India’s Prime Minister Narendra Modi addresses the gathering at AI Impact Summit, in New Delhi, India February 19,…
The May inflation numbers are due out Wednesday morning. Here’s what to expect
A customer shops at Handy Market in Burbank, California, May 14, 2026. Justin Sullivan | Getty Images Inflation…
Mortgage rates dos and don’ts that borrowers should know now
Borrowers will need to take a strategic approach in today’s elevated mortgage interest rate climate. sakchai vongsasiripat/Getty Images…
Billionaires’ Billions Are Increasing Faster Than Ever
Fifteen years ago, the world’s billionaires collectively had $4.5 trillion. By 2024, their wealth had more than tripled…