When the United States and the European Union finally buried the hatchet in a long-simmering dispute over government subsidies to Boeing and Airbus in June 2021, wine lovers in the U.S. may well have opened a bottle of Bordeaux to celebrate. While that…
Just in time for the holiday rush that will see millions of Americans hit the road, gas prices in the United States continued their downward trend last week. According to the U.S. Energy Information Administration, the national average price of one gal…
One day before today’s CPI release gave us the latest status report on the ongoing fight against inflation, a monthly report from the Federal Reserve Bank of New York showed that Americans are increasingly optimistic about the near-term inflation trend…
Fresh rumors about a possible bankruptcy of WeWork sent shockwaves around the commercial real estate market last week, leaving office landlords around the world trembling with fear at the prospect of losing one of their largest tenants. Especially in p…
Less than three months after WeWork, the world’s leading provider of flexible office and coworking space, was forced to issue the dreaded “going concern” warning alongside its latest earnings report, the company is reportedly on the verge of bankruptcy…
For large parts of the past two years, inflation has been a major concern for millions of Americans, as the significant increase in prices for many day-to-day purchases has eaten away at their buying power. Not only has inflation neutralized any pay in…
One of the main drivers of the “Great Resignation” that saw more than 50 million Americans quit their job in 2022 was the fact that labor was in short supply, resulting in higher wages being offered by employers who struggled to fill open positions. Sw…
Despite inflation coming down notably from its 2022 highs in recent months thanks to gradual easing of supply chain disruptions and declining commodity prices, the International Monetary Fund doesn’t expect consumer price increases to come down to the …
The global risk of housing bubbles has decreased sharply in 2023. A report released last week by Swiss bank UBS concludes that out of 25 cities surveyed, only two were at risk of a housing bubble this year, down from nine each in the previous two repor…
The price of gasoline in the United States is climbing once more as production hit a summer low while major producers Saudi Arabia and Russia. As of September 21, the AAA gas pices overview put the price of a gallon of regular at $3.87 in the U.S. on a…