China will see middling returns into 2025 according to new data and a bank analyst report, which paints a grim future for its consumer sector.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Both manufacturing and construction spending came in softer than expected. The downbeats stoked fears of a downturn.
Buying a home is expensive. And so is owning one. In the era of high mortgage rates and soaring expenses, is homeownership still worth it?
Fitch Ratings downgraded the debt of the Maldives for the second time in just over two months, suggesting it’s likely to default on bonds.
The DoJ launched an antitrust lawsuit against Thoma Bravo’s RealPage for allegedly helping property managers conspire to drive up rent.
Canadian National Railway and Canadian Pacific Kansas City came to a halt after locking out 9,300 employees over a contract dispute.
Wells Fargo said Tuesday that it will sell most of its commercial mortgage servicing business to Trimont, a global loan services provider.
The economic impact on host cities of political conventions’ like the DNC and RNC are not quite as advertised
The UK’s top-notch schools are a premier destination for international students, and education is a big part of the economy.
As mortgage rates drop, current homeowners are using the opportunity to refinance their mortgages at the fastest pace since 2022.
Tens of billions of dollars’ worth of apartment building loans and mortgages are at risk of distress as of the end of the second quarter.
Italy doubled a flat tax on the foreign income of new residents, upping it from €100,000 to €200,000 annually.
The Bank of England voted Thursday to cut its key rates for the first time in over four years by a razor-thin 5-4 margin.
The US Federal Reserve and the Bank of Japan will meet this week. On Thursday, it will be the Bank of England’s turn in the spotlight.
The US homeowners insurance segment took a $15.2 billion net underwriting loss last year, the worst loss this century.
Hosting the Olympic games is supposed to be an economic boon for any city. Early metrics, however, show Paris might not be so lucky.