[ad_1] Real Estate Buying activity by companies fell in line with the decline in overall home sales amid higher borrowing costs [ad_2] Source link Source link
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[ad_1] The used-car dealer that was a pandemic winner is rushing to conserve cash as once-plentiful financing options dry up and business deteriorates. [ad_2] Source link Source link
Read More[ad_1] Listen to article (2 minutes) Add rising interest rates to the challenges that small businesses are already grappling with, including inflation, labor shortages and strained supply chains. Some small businesses are cutting back on borrowing, paying down debt or delaying expansion plans as interest rates rise. Others worry that rising rates will boost prices […]
Read More[ad_1] Markets Treasurys Federal Reserve Chairman Jerome Powell warned it is too soon to think about a pause in inflation fight [ad_2] Source link Source link
Read More[ad_1] Rising interest rates and volatile stock markets battered insurer Prudential in the third quarter, while AIG was stung by claims from Hurricane Ian in Florida. [ad_2] Source link Source link
Read More[ad_1] Economy U.S. Economy The central bank is now paying out more in interest expenses than it earns in interest income [ad_2] Source link Source link
Read More[ad_1] Washington’s response to the pandemic left household and business finances in unusually strong shape, with higher savings buffers and lower interest expenses. It could also make the Federal Reserve’s job of taming high inflation more difficult. The U.S. central bank is trying to slow down economic growth to prevent inflation from becoming entrenched. To […]
Read More[ad_1] Monday The European Union’s statistics agency releases third-quarter gross-domestic product information and the October consumer-price index. The 19-nation eurozone faces an uncertain outlook from the war in Ukraine and is struggling with high inflation. Tuesday The Labor Department releases September figures on job openings, hires, quits and layoffs. Job openings fell 10% in August […]
Read More[ad_1] OTTAWA—Bank of Canada Gov. Tiff Macklem says the central bank is moving toward a meeting-by-meeting approach on further interest rate increases, based on how the economy responds to its rapid-fire tightening of financial conditions. “We do expect that interest rates will need to go higher, to get inflation all the way back to the […]
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