U.S. Economy
Chinese purchase of North Dakota farmland raises national security concerns in Washington
Farmland in southern North Dakota near Bismarck on September 2, 2016. Robyn Beck | Afp | Getty Images At first glance, the largely barren, wind-swept tract of land just north of Grand Forks, North Dakota, seems like an unlikely location for international espionage. There’s not much on the more than 300-acre patch of prime Dakota […]
Read More
Priceline CEO: It’s a healthy travel economy at the moment
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Priceline CEO Brett Keller joins CNBC’s ‘Squawk Box’ to explain why higher air costs and hotel prices are not slowing down the summer travel surge. Source
Read More
Forget rate hikes, these analysts are predicting interest rate cuts next year
Some central bank watchers believe the Fed and the ECB will have to stop their tightening cycles because of an upcoming recession. Olivier Douliery | AFP | Getty Images Central banks around the world might have embarked upon a path of aggressive rate hikes — but not everyone is expecting this approach to last. The […]
Read More
Fed’s Mester backs 75 basis point hike in July if conditions remain the same
Cleveland Fed President Loretta Mester takes part in a panel convened to speak about the health of the U.S. economy in New York November 18, 2015. Lucas Jackson | Reuters Federal Reserve Bank of Cleveland President Loretta Mester said Wednesday that if economic conditions remain the same when the U.S. central bank meets to decide […]
Read More
U.S. to deploy nearly 300,000 monkeypox vaccine doses to fight outbreak
Mock-up vials labeled “Monkeypox vaccine” are seen in this illustration taken, May 25, 2022. Dado Ruvic | Reuters The U.S. will deploy nearly 300,000 monekypox vaccine doses in the coming weeks in an effort to stamp out the growing outbreak of the virus. The Centers for Disease Control and Prevention is recommending that people who […]
Read More
FDA panel recommends changing Covid shots to fight omicron this fall
A healthcare worker prepares a syringe with the Moderna COVID-19 vaccine at a pop-up vaccination site operated by SOMOS Community Care during the COVID-19 pandemic in Manhattan in New York City, January 29, 2021. Mike Segar | Reuters The Food and Drug Administration’s panel of independent vaccine experts on Tuesday voted 19 to 2 to […]
Read More
Home price increases slowed in April for the first time in months, S&P Case-Shiller says
People walk into a house for sale in Floral Park, Nassau County, New York. Wang Ying | Xinhua News Agency | Getty Images Home price increases slowed ever so slightly in April, but it is the first potential sign of a cooling in prices. Prices rose 20.4% nationally in April compared with the same month […]
Read More
Don’t get ‘sucked back in’: Fund manager says investors should learn from past bear markets
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 22, 2022. Brendan Mcdermid | Reuters The stock market bounce in recent days is just a relief rally and investors should avoid getting sucked back in, according to Trevor Greetham, head of multi-asset at Royal London Asset […]
Read More
Women in states that ban abortion will still be able to get abortion pills online from overseas
Pills of Misoprostol, used to terminate early pregnancies, are displayed in a pharmacy in Provo, Utah, U.S. May 12, 2022. George Frey | Reuters Women in states that ban abortion will still be able to end unwanted pregnancies with prescription abortion pills ordered online from overseas, though the legal situation is murky and carries potential […]
Read More
Pending home sales post surprise increase in May, likely due to brief pullback in mortgage rates
A house’s real estate for sale sign shows the home as being “Under Contract” in Washington, DC. Saul Loeb | AFP | Getty Images Pending home sales, a measure of signed contracts on existing homes, rose slightly in May, up 0.7% compared with April, according to the National Association of Realtors. That broke a six-month […]
Read More