Economics

Real Estate

New York’s Real Estate Market May Be Starting to Turn

Photo by Joshua Armstrong via Unsplash

Manhattan is now home to over 8,000 for-sale apartments, or around 1,000 more than the 10-year average. That’s a 9.8-month supply.

2 min read

Photo by Phillip Meintzer via CC BY-SA 4.0

International Economics

Will Cod be King Again After Newfoundland Moratorium Lifted?

Last week, the Canadian government lifted a 32-year moratorium on the commercial fishing of cod in the country’s easternmost province.

2 min read
Photo by Josefa nDiaz via Unsplash

Economics

Teens Get Subpar Grade on Financial Literacy from OECD

Nearly a fifth of teenagers in advanced economies lack the baseline financial literacy and math chops to make everyday money decisions.

2 min read
Photo by Chenyu Guan via Unsplash

Indicators

US Households Get More and More Comfortable with the Stock Market

Almost half of all US households’ financial assets are tied to public stocks, a near-record high, according to recent Federal Reserve data.

1 min read

Energy

After Oil, the UAE Wants to be a Renewables Giant

Photo by Thomas Reaubourg via Unsplash

With oil in decline, Masdar, the United Arab Emirates state-backed renewables company, is on an acquisition shopping spree.

1 min read

Semiconductors

The G7 Wants to Get Involved with Semiconductors and Subsea Cables

Photo by Vishnu Mohanan via Unsplash

The Group of Seven countries are forming a group that will rejigger the semiconductor supply chain and lay out new subsea internet cables.

2 min read

Patent Drop

PayPal “Fairness-Aware” Model Patent Highlights Bias Issues in Financial AI

Photo via U.S. Patent and Trademark Office

The filing highlights the importance of eliminating bias in AI-powered financial platforms.

2 min read

Image Credit: iStock Images, Gabriel Shakour

International Economics

Canada Slashes Interest Rates, Europe Likely to Follow Suit

Canada’s economy has been kept in check due to higher levels of household debt and shorter-term mortgages in Canada compared to the US.

2 min read
(Photo by Federal Reserve Board of Governors via Flickr)

Inflation & Prices

Hooray? The US Economy May Finally Be Slowing

It has taken a while, but recent data suggests that the Federal Reserve’s rate hikes may finally be taming inflation.

2 min read
Photo by Sam Lion via Pexels

Indicators

The Inverted Yield Curve Usually Predicts a Recession — Until Now

The yield curve has now been inverted for around 400 trading sessions, and there’s no recession in sight. So what gives?

1 min read

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