Australia’s growing rental crisis, which pushed capital city rents up by 15 per cent last year, may be just the tip of the iceberg, according to Associate Professor Bruce Bradbury, of the University of New South Wales. As interest rates continue to rise and rental markets tighten, Bradbury believes it’s time for the government to double the Commonwealth Rent Assistance […]

A report released by the Labor Department on Thursday unexpectedly showed a modest decrease in first-time claims for U.S. unemployment benefits in the week ended February 25th. The Labor Department said initial jobless claims edged down to 190,000, a decrease of 2,000 from the previous week’s unrevised level of 192,000. Economists had expected jobless claims to inch up to 195,000. […]

After its weakest growth in decades last year China’s economy has come roaring back, with its manufacturing sector expanding at its fastest pace for a decade. With Xi Jinping moving to tighten the Communist Party’s grip on the economy, however, there is a question mark over the sustainability of the recovery. The latest official manufacturing sector purchasing managers’ index (PMI) […]

There are a few states where people should leave quickly. Mississippi tops that list. It falls at the bottom of most best and worst places to live lists, like those from WalletHub, World Population Review, USNews, and Status of Women in the States. (Click here to see where young people want to relocate to the most.) WalletHub ranks states by […]

New orders for U.S. manufactured durable goods pulled back sharply in the month of January, according to a report released by the Commerce Department on Monday. The report said durable goods orders plunged by 4.5 percent in January after surging by a downwardly revised 5.1 percent in December. Economists had expected durable goods orders to tumble by 4.0 percent compared […]

Dechra Pharmaceuticals Plc. (DPH.L) reported Monday that its first-half profit before tax was 29.7 million pounds, down from 53.4 million pounds last year. Earnings per share decreased 46.9 percent to 19.86 pence from 37.38 pence a year ago. Underlying earnings per share were 55.44 pence, compared to 64.01 pence a year ago. Operating profit was 44.6 million pounds, down 22.3 […]