U.S. consumer prices unexpectedly rose in August and underlying inflation accelerated amid rising costs for rents and healthcare, giving the Federal Reserve ammunition to deliver a third 75 basis points interest rate hike next Wednesday.
Fears of an impending recession once again escalated Friday after Federal Reserve Chair Jerome Powell warned economic growth will suffer as the central bank works to ease decades-high inflation
Chinese entities have acquired immense swaths of American soil and are poised to continue doing so. "Millions of acres in U.S. farmland are expected to change hands in the next decade."
The United States and Europe might have miscalculated just how resilient Moscow has been to sanctions in the short run.
When the West applied aggressive...
While home prices in the United States have appreciated by more than a third over the past two years, prices are poised to fall in several housing markets over the next 12 months, according to data analyzed by research firm CoreLogic.