How Japan’s yen could be ripping through U.S. stocks
A man walks past an electronic quotation board displaying the exchange rate for the Japanese yen against the US dollar...
archiveU.S. Economy
The 10 U.S. states with America’s best housing markets
High interest rates and tight housing supply are hurting both homebuyers and sellers.The extent of the residential real estate crisis...
The 10 U.S. states with America’s best housing markets
America is embroiled in a housing crisis. The supply of homes is tight. The supply of affordable homes is even...
U.S. orders Chinese-backed crypto miner to sell land near military base
US Treasury Secretary Janet Yellen delivers remarks at the Treasury Department's Committee on Foreign Investment in the United States conference...
Yellen says currency intervention acceptable only in rare situations
(Adds quotes, context) WASHINGTON, April 25 (Reuters) - U.S. Treasury Secretary Janet Yellen said on Thursday the strong dollar reflected the strength of the U.S. economy and high interest rates, insisting that interventions by governments in currency markets were acceptable only in rare circumstances. Yellen, speaking in an interview with Reuters, acknowledged the strength of the dollar and divergences with other countries, but said the dollar's rise reflected "the strength of the U.S. economy and the level of interest rates." The former chair of the Federal Reserve declined to comment...
Will House Prices Go Down? Housing Market Stung by New Prediction
The Federal Home Loan Mortgage Corporation, better known as Freddie Mac, is predicting that home prices will rise much more...
Euro plunges, eyes parity with dollar after Lagarde’s go-it-alone pledge – POLITICO
If by U.S. election time in November the ECB has cut rates three times, and the Fed hasn't at all,...
Strategic sector investments are poised to benefit distressed US counties
Recent federal legislation—namely, the Infrastructure Investment and Jobs Act, CHIPS and Science Act, and Inflation Reduction Act—was enacted to incentivize...
Housing Market Sales ‘Crash’ Amid Real-Estate Recession Warning
A plunge in home sales in Phoenix, Arizona, in the past three years is a sign that the country is...
Japan’s Aozora Bank hits near 3-year lows as bad U.S. property loans prompt loss forecast
The bank's Tokyo-listed shares fell for a second day, tracking losses in U.S. regional lenders overnight.The commercial lender said Thursday...
