Save articles for later Add articles to your saved list and come back to them any time. Rents are likely to keep rising for the rest of this year with little chance of relief in 2024 as strong population growth outstrips the supply of new houses and units, property experts […]
Save articles for later Add articles to your saved list and come back to them any time. This article originally appeared in Refinery29 Australia. Welcome to Money Diaries, where we ask real people how they spend and save their money during a seven-day period, tracking every last dollar. Anyone can […]
UK retail sales expanded in August on food and non-food store sales after wet weather hit footfall in July, official data showed on Friday. Retail sales posted a monthly growth of 0.4 percent, in contrast to the 1.1 percent decline seen in July. Nonetheless, sales volume was slightly weaker than […]
The Bank of England and the Swiss National Bank are widely expected to make a final quarter-point rate hike after the US Federal Reserve decided to keep the benchmark rate unchanged on Wednesday. The Bank of England is set to end its tightening cycle with a final quarter point rate […]
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits edged up by less than expected in the week ended September 9th. The report said initial jobless claims crept up to 220,000, an increase of 3,000 from the previous week’s revised level of 217,000. […]
Germany’s residential construction sector crisis continued to intensify in August with the number of project cancellations hitting a new high, mainly due to rising costs and higher interest rates, a survey from the ifo Institute revealed Tuesday. In August, 20.7 percent of companies reported canceled housing projects, up from 18.9 […]
Germany’s economic sentiment unexpectedly improved in September as interest rates are estimated to have peaked in the euro area and the U.S., but financial market experts’ assessment of the current situation turned more pessimistic, survey data from the ZEW-Leibniz Centre for European Economic Research showed Tuesday. The ZEW Indicator of […]
Save articles for later Add articles to your saved list and come back to them any time. Mortgage offset accounts are promoted as one of the most effective ways to reduce interest costs, but they often have higher interest rates and the majority come with fees. Money held in an […]
Save articles for later Add articles to your saved list and come back to them any time. Leading economists of two of Australia’s major banks and corporate consulting firm EY have called a peak to official interest rates, and see house prices returning to record highs when rates start falling […]
Germany’s trade surplus declined more than expected in July on weak exports and rising imports, exacerbating the possibility of economic contraction in the third quarter. Exports posted a monthly decline of 0.9 percent in July, in contrast to June’s 0.2 percent increase, Destatis reported Monday. Nonetheless, the pace of decline […]
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