2023 was the least affordable homebuying year: Redfin
A Redfin sign in front of a home for sale in Atlanta on Nov. 10, 2022. Elijah Nouvelage | Bloomberg | Getty Images This year was the least affordable year …
Breaking News: Economy
Hong Kong may have to brace for volatility in 2024: Financial secretary
Hong Kong may have to gear up for “a lot of volatility” in 2024, Hong Kong’s financial secretary Paul Chan told CNBC. Next year will be “full of external challenges,” …
China’s economy has a ‘steep hill to climb’ despite positive export surprise: HSBC
Hong Kong observation wheel, and the Hong Kong and Shanghai Bank, HSBC building, Victoria harbor, Hong Kong, China. Ucg | Universal Images Group | Getty Images The Chinese economy still …
Bank of England warns that higher rates ‘have yet to come through’
A member of the public walks through heavy rain near the Bank of England in May 2023. Dan Kitwood | Getty Images News | Getty Images LONDON — The Bank …
Private payrolls increased by 103,000 in November, below expectations, ADP says
A postal worker wearing a Santa hat, sorts through mail and packages during a media tour hosted by the US Postal Service at the Los Angeles Processing and Distribution Center, …
U.S. consumers to wake up to ‘out of control’ card interest: economist
The U.S. economy should be able to avoid a recession next year — but a sharp pullback in consumer spending is among the biggest risks of that occurrence, according to …
Saudi Arabia offers 30-year tax relief plan to lure regional corporate HQs
Cityscape of Saudi capital Riyadh. Harri Jarvelainen Photography | Moment | Getty Images DUBAI, United Arab Emirates — Saudi Arabia announced a 30-year tax exemption package for foreign companies establishing …
Signs are pointing to a bumper travel year in 2024
American Airlines planes are seen at gates at LaGuardia Airport ahead of the Thanksgiving holiday, in New York City, U.S., November 21, 2023. Shannon Stapleton | Reuters Airlines expect record …
EU wealth tax and end of U.S. capitalism: Saxo’s outrageous predictions
The Wall Street bronze Bull looks out to an empty Broadway in Lower Manhattan, New York, on Aug. 28, 2011, as Hurricane Irene hits the city and tri-state area with …
Job openings slide to 8.7 million in October, well below estimate, to lowest level since March 2021
Job openings tumbled in October to their lowest in 2½ years, a sign the historically tight labor market could be loosening. Employment openings totaled a seasonally adjusted 8.73 million for …