Many mortgage holders should easily withstand higher interest rates, but those who entered the property market recently are more likely to feel the squeeze and could find their debt rise above the value of their homes if house prices fall further in Sydney and Melbourne. The Reserve Bank of Australia fired the starting gun on Tuesday on what will likely […]
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In the experience of most people, what is a large amount of land to be owned by a single person? Large farms and ranches come to mind. Many people have heard of the King Ranch in Texas, which covers 845,000 acres, or about the size of Rhode Island. However, it does not match the amount of land owned by America’s […]
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Heavy traffic, which was part of city life for decades, disappeared during the early stage of the COVID-19 pandemic. Offices were closed. Some people were afraid that crowded places had become dangerous. This decline in highway congestion has disappeared. In many cities, the volume of commuters is back to what it had been in 2019. Heavy traffic has several effects. […]
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France’s consumer price inflation and producer price growth accelerated further to set a new records, driven by energy prices and supply disruptions due to the war in Ukraine, and the economic output failed to grow in the first quarter, raising the risk of stagflation. The consumer price index rose 4.8 percent annually in April following a 4.5 percent increase in […]
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First-time claims for U.S. unemployment benefits edged slightly lower in the week ended April 23rd, the Labor Department revealed in a report released on Thursday. The report showed initial jobless claims dipped to 180,000, a decrease of 5,000 from the previous week’s revised level of 185,000. Economists had expected jobless claims to slip to 180,000 from the 184,000 originally reported […]
Read moreFOX Business Flash top headlines for April 28 Check out what’s clicking on FoxBusiness.com. A massive fortune is waiting to be claimed in the Grand Canyon State. According to the Powerball, a single winning ticket was sold at a convenience store in the town of Gilbert, Arizona. The Powerball announced that a late surge in purchases had driven the jackpot […]
Read moreMajority of Americans will ‘struggle’ to make ends meet: Expert Adviser Investments CIO Jim Lowell discusses the impact of inflation on the American consumer. During an interview on "Mornings with Maria" Adviser Investments CIO Jim Lowell said that there may be a bifurcated recession, where the top 1 to 15% of consumers will fare pretty well, and the majority of […]
Read moreFOX Business Flash top headlines for April 27 Check out what’s clicking on FoxBusiness.com. Rising mortgage rates and home prices are making it difficult for homeowners to obtain the American dream. Homebuyer affordability declined in March, with the national median payment applied for by applicants rising 5% to $1,736 from $1,653 in February. GET FOX BUSINESS ON THE GO BY […]
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The following are some of the healthcare companies that reported their quarterly financial results on Monday. 1. CVRx Inc. (CVRX), a commercial-stage medical device company, which delivered revenue growth of 43% in the first quarter, expects revenue for the second quarter to grow in the range of 45% to 61%. For the first quarter ended March 31, 2022, net loss […]
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