Mortgage rates above 7%, stubbornly high property prices and a growing divide between homeowners and first-time buyers are reshaping the American housing market. As younger…
OPEN CHRONICLE | US NEWS | ECONOMY & POLITICS After a midterm election shaped by frustration over inflation, both parties face pressure to make everyday…
How a historic wave of selling on the New York Stock Exchange shattered confidence in America’s economic prosperity, accelerated a financial collapse and became an…
Israel’s election deadlock, mounting tensions in the Middle East, Russia’s continuing attacks on Ukraine and major political developments in Europe and the Americas dominate the…
The US central bank keeps its benchmark rate at 3.75%–4% in a divided decision, signalling that further increases remain possible as inflation persists and the…
Gold slipped below $4,130 an ounce on Tuesday as investors adopted a cautious approach ahead of the Federal Reserve’s October policy meeting and upcoming US…
Economist Peter Schiff has accused President Donald Trump of presenting an overly optimistic picture of the American economy, arguing that households are experiencing unprecedented financial…