vineri, decembrie 13, 2019

U.K. Mortgage Approvals Rise to Highest in 5 1/2 Years

U.K. mortgage approvals rose to the highest in 5 1/2 years in September, adding to signs of a strengthening property market that’s being stoked by government incentives. Lenders granted 66,735 mortgages, the most since February...

Abe’s Special Zones to Fuel Economic Reform, Hatta Says

Japanese Prime Minister Shinzo Abe’s reforms may be aided by excluding the agriculture, trade and welfare ministries from oversight of special economic zones, according to the head of a working group on the plans. “Abe...

Wholesale Prices in U.S. Unexpectedly Fall as Food Costs Ebb

Wholesale prices in the U.S. unexpectedly dropped in September as food costs retreated, an indication inflation remains tame. The 0.1 percent decrease in the producer price index followed a 0.3 percent gain the prior month,...

Tax Revolts Hit Hollande as Farmers, Soccer Clubs Protest

French President Francois Hollande’s taxes, among the world’s highest, have made strange bedfellows out of the country’s soccer clubs and farmers in Brittany. Revolts against a series of levies have erupted with protests by farmers...

Stevens Says Australia Dollar Likely to Be Materially Lower

Australia’s central bank Governor Glenn Stevens said the local currency’s level isn’t supported by costs and productivity in the economy and the nation’s terms of trade are more likely to fall than rise. The...

Housing Prices in U.S. Cities Rise by Most Since Early 2006

Home prices in 20 U.S. cities rose in August from a year ago by the most since February 2006 as stronger demand boosted values. The S&P/Case-Shiller index of property prices in 20 cities increased 12.8...

Follow the Money

MOST Americans who lose their jobs these days are able to find new ones quickly. But those who do not are likely to remain unemployed for a long time. In some other industrialized countries,...

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