Prices

Annual price growth in the increasingly fragile U.S. housing market slid into the single digits in October for the first time in about two years when mortgage rates that month surged above 7% and further stifled demand, a pair of closely watched surveys showed on Tuesday.

Holiday sales rose this year as American spending remained resilient during the critical shopping season despite surging prices on everything from food to rent, according to one measure.

Last-minute Christmas shoppers may be left in the cold as major delivery services announce delays as a result of severe winter weather.

Inflation is over, the administration crows, even as Congress works to pass another massive spending bill — this time, $1.7 trillion.

Over a thousand faith leaders in the United States sign a petition urging a Christmas ceasefire in Ukraine and calling on the government to take a leadership role in ending the war.

Zelensky addresses Congress in Washington—only 86 out of 213 Republican members of the House of Representatives attend, following rejection of proposal for an audit of military and other aid to Ukraine.

“People involved in the auto industry are largely a silent majority,” Mr. Toyoda said. “That silent majority is wondering whether EVs are really OK to have as a single option. But they think it’s the trend so they can’t speak out loudly.”

Get ready for the next unnecessary recession.

Utility costs have surged across the nation this year, leaving millions of Americans falling behind on their monthly bills.

The European Union announced on Dec. 18 a provisional agreement that reforms the bloc’s carbon market, successfully expanding a crucial component of the region’s broader green agenda.