Today: 3. Jul, 2024
In May 2024, U.S. consumers experienced unexpected price drops in several goods and services, reflecting localized deflation amid broader easing inflationary trends. While inflation measures the rate at which consumer prices rise, deflation is the rate at which they decline. Joe Seydl,…
Investors have been struggling with anxiety following a surprising inflation report last Wednesday, indicating a prolonged battle against high consumer prices. Despite the overall inflationary trend, specific sectors are experiencing a notable price drop, presenting a mixed economic landscape. Sarah House, a…
As investors gear up for another trading day, several critical factors are set to influence the market landscape before the opening bell on Tuesday. From the market’s performance to significant corporate developments and regulatory actions, here’s what you need to know before…
The housing market, which has experienced its ups and downs during the COVID-19 pandemic, is witnessing a significant upturn as mortgage interest rates drop sharply. This rate decline, a percentage point lower than in October, rekindles buyer interest and potentially sets the…
2023 marked a notable rebound for the US stock market, ending a persistent decline phase. Stocks have completed their strongest month of the year and signalled a significant recovery across major indexes. The S&P 500’s resurgence, nearing its mid-summer peak, reflects a…
As the American economy grapples with the after-effects of a global pandemic, the housing market presents a paradox. Despite soaring mortgage rates, home prices continue to escalate, challenging economic forecasts and defying traditional market behaviour. The latest S&P Case-Shiller Index provides a…
As we approach the end of the year, the bond market is exhibiting signs of a significant turnaround, instilling a sense of optimism among investors and analysts alike. This shift comes amidst declining bond yields and a hopeful outlook on inflation rates.…
Halifax reports a 4.6% decrease in house prices as elevated interest rates curb the enthusiasm of potential buyers. The UK housing market has witnessed its most significant yearly decline in 14 years, attributed to the summer’s seasonal downturn and the burden of…
A sharp 5.3% decrease is observed, correlating with a roughly 40% drop in sales completions in the first half of the year versus 2021. August witnessed a 5.3% decline in UK house prices compared to the same time last year, marking the…
UPS has successfully dodged a strike in the US for the first time in over 25 years, with the workers’ union confirming the ratification of a fresh five-year agreement. After extended negotiations addressing demands such as improved salaries and enhanced working conditions,…
