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Dow Futures Tread Water Ahead of Jobless Claims
Brent crude oil and gold prices held near record highs. Source link
Bank Failures. High Inflation. Rising Rates. Is the Resilient Jobs Market About to Crack?
U.S. employers added 5.6 million jobs over 14 months, but gains have shown signs of cooling recently amid economic risks. Source link
Dow, S&P 500 Futures Slip on Renewed Recession Fears
Stock futures edged lower as investors focused on fresh signs of a slowing economy. Source link
WTO Says Ukraine War, Inflation to Limit Global Trade Growth in 2023
High prices have cut into consumers’ demand for imported goods. Source link
Cleveland Fed President Reiterates Central Bank’s Resolve to Fight Stubborn Inflation
Federal Reserve Bank of Cleveland President Loretta Mester said Tuesday inflation remains too high and stubborn, and that it could take until 2025 to bring
New Zealand Shocks With Big Rate Rise as Some Central Banks Pause
The Reserve Bank of New Zealand said its half-percentage-point increase was necessary to curb stubbornly high inflation. Source link
Apartment-Building Sales Drop the Most in 14 Years
Interest-rate increases and banking turmoil push down demand for multifamily buildings. Source link
U.S. Job Openings Dropped in February
The number of job openings fell below 10 million for the first time in nearly two years, a sign that employers’ demand for workers eased.
Australia’s Central Bank Jumps Ahead of Fed by Holding Interest Rates Steady
World Central bank says it is ready to resume tightening if price pressures intensify again Source link
China’s Smaller Cities Struggle to Unload Empty Apartments
World Asia China Around a third of all newly completed apartments in the country went unsold in 2022 Source link