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Economy
478 posts
Our Midyear Real Estate Forecast Reveals Major Change for Homebuyers—Here’s What’s in Store
So far, 2024 has been a tough year for the housing market with high mortgage rates, stubborn home prices, and sluggish sales—but things might be finally looking up. The next six months should bring some welcome relief to homebuyers and sellers in the form of lower mortgage rates, according to the Realtor.com® midyear housing forecast
A new Kashmir rail bridge that could be a game-changer for India
A new Kashmir rail bridge that could be a game-changer for India Getty Images Built over the Chenab river, the bridge is 35m taller than the Eiffel Tower The world’s highest single-arch rail bridge is set to connect Indian-administered Kashmir with the rest of the country by train for the first time. It took more
Trump lays out plan for combating inflation during ‘intellectual speech’ in North Carolina
Former President Donald Trump focused on the economy Wednesday in what he called an “intellectual speech” where he outlined his plans for combating inflation. “A lot of people are very devastated by what’s happened with inflation,” the Republican nominee for president said in a speech in Asheville, North Carolina. “So we’re doing this as an
JD Vance dismisses critiques of campaign ‘whining’ about Kamala Harris, says ‘unfiltered’ Trump ‘is his own man’
BYRON CENTER, Mich. – Sen. JD Vance (R-Ohio) shot back Wednesday at Republicans criticizing Donald Trump for lobbing personal attacks against the Harris campaign, telling reporters that Trump is “unfiltered” – and that’s why voters like him. “President Trump, the reason people love him is because he’s his own man,” the GOP vice presidential candidate
Nevada Dem congressman to introduce ‘no tax on tips,’ minimum wage hike bill
LAS VEGAS — A Democratic Congressman’s latest legislative gambit suggests the hottest Sin City bet isn’t at the gaming tables, but in the halls of Capitol Hill. One expert said the tax-free payoff could hit five figures for some workers. Rep. Steven Horsford (D-Nev.) said Tuesday he will introduce a bill to raise the federal
Eric Trump previews major Trump Org move into crypto as he charts the family company’s future
The Trump Organization will be announcing a major new initiative in the coming weeks concerning crypto currency, with company president Eric Trump telling the Post he sees immense promise in the burgeoning technologies — and he’s ready to make use of them in his company’s portfolio. Rumors began swirling earlier this month when Trump’s younger
CPI Inflation Comes In At 2.9%—Better Than Expectations With Interest Rate Cuts In Focus
Forbes Business Breaking CPI Inflation Comes In At 2.9%—Better Than Expectations With Interest Rate Cuts In Focus Derek Saul Forbes Staff Derek Saul has covered markets for the Forbes news team since 2021. Following Aug 14, 2024, 08:31am EDT Updated Aug 14, 2024, 08:42am EDT Share to Facebook Share to Twitter Share to Linkedin Topline
Nikki Haley urges Trump to ‘quit whining’ about Kamala Harris: ‘She’s not going to give an interview’
Former UN Ambassador Nikki Haley, Donald Trump’s centrist challenger in this year’s Republican primary, is urging him to “quit whining” about Vice President Kamala Harris and focus instead on “issues” — arguing “she’s not going to give an interview” in response to Trump’s past-week hectoring. “The one thing Republicans have to stop doing: Quit whining
Thailand’s Prime Minister Srettha Thavisin removed from office in shock court ruling
Bangkok, Thailand CNN — Thailand’s Prime Minister Srettha Thavisin has been removed from office after a court ruled he had violated the constitution, in a shock decision that plunges the kingdom into further political uncertainty. The verdict comes a week after the same court dissolved the country’s popular progressive Move Forward Party, which won the
U.S. Economy Alarm Bells as Two Signs of Recessions Emerge
A cooling labor market is raising concerns that the U.S. economy might be heading toward a recession after all this year, instead of making the soft landing projected by most experts. Housing expert and journalist Lance Lambert shared data from the U.S. Bureau of Labor Statistics on Tuesday showing that the country's labor force growth