The Bank of England recently raised the key interest rate from 1% to 1.25%, and with the bank’s governor warning Britons that more hikes may be on the horizon, U.K. shoppers are experiencing interest rates approaching double figures. Get the Full Story Complete the form...
The median price of an existing U.S. home jumped 14.8% year over year in May to a record-setting $407,600, even as higher mortgage interest rates continue to add complexity to the market for buyers, according to a report in The Wall Street Journal Tuesday (June...
Carsome Group is putting off plans to dual list as a publicly traded company on exchanges in the United States and Singapore because executives are concerned a decline in global financial conditions could reduce valuations for the used-car marketplace, Bloomberg reported Tuesday (June 21). Get...
There’s a high likelihood that the “unacceptably high” prices of recent months won’t recede in 2022, according to Treasury Secretary Janet Yellen, a report from Bloomberg said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
As restaurants continue to struggle with labor challenges, not all consumers are sympathetic to the difficulties they are facing — the majority are not even cognizant of them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Today is Friday, June 17 and the national average price for a gallon of gas is $5; last year on this day it was $3.08. Today is also Dump the Pump Day, which encourages commuters nationwide to save gas and take the bus or train...
The continued presence of COVID-19 is disrupting what could’ve been a summer of renewed confidence in going out, a report from The Wall Street Journal (WSJ) says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Today is Thursday, June 16 and on this day in 1911, IBM was formed and started automating business transactions with punched card-based data tabulating machines. Retail sales unexpectedly dropped in May, while stores sit on an overstock of inventory. Get the Full Story Complete the...
Today is Tuesday, June 14 and margin calls are adding up amid the crypto market’s freefall, while bitcoin’s price is about two-thirds what it was last November. President Biden is in Brussels for the 31s NATO Summit, and the FAA reported that since January, there...
