Keeping Current Matters (KCM) announced Tuesday that George Ratiu, formerly the manager of economic research at Realtor.com, has joined the company as chief economist. Ratiu has more than 15 years’ experience tracking the U.S. economy […]
Existing home sales had a huge beat of estimates on Tuesday. This wasn’t shocking for people who follow how I track housing data. To understand why we had such a beat in sales, you only […]
Analysts at S&P think that it is unlikely that some US bank failures will prevent policymakers from sticking to the task of taming inflation, reported Reuters early Tuesday in Asia. The global rating agency also […]
USD/CAD picks up bids to refresh daily top around 1.3690, extending the early Asian session bounce off a one-week low heading into Tuesday’s European session. In doing so, the Loonie pair cheers the downbeat price […]
Four US banks’ sudden demise in past weeks brought up many questions about tech start-ups, venture capitalism, the crypto industry, risk appetite, global capitalist system in general, and the regulations in place. Is this a […]
ZURICH, March 21 (Reuters) – Days before a hastily convened press conference late on Sunday that would make the world’s front pages, Switzerland’s political elite were secretly preparing a move that would jolt the globe. […]
The National Association of Home Builders is reporting this week that U.S. single-family production remained at an anemic pace in February 2023, as builders continue to wrestle with elevated mortgage rates, high construction costs and […]
Analysis provided to a Senate inquiry by the Australian Banking Association reveals that 70% of bank customers whose fixed mortgage rates expired in the past six months have refinanced with another bank. The trend is […]
A pullback in lending among small banks in the U.S. was already underway before the collapse of Silicon Valley Bank and Signature Bank. Now economists expect to see more tightening. Why it matters: Stricter lending standards […]
US Ambassador Donald Blome has said that the US is Pakistan’s largest export market, and the US investment is seen coming to Pakistan more and more every year. He was speaking at the US-Pakistan Innovation […]
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