Europe just announced a $60 per barrel of oil cap against Russian oil at the same time Putin and China are increasing trade. Europe is facing a slow boiling energy disaster. Meanwhile OPEC+ says they’re not changing anything which means 2 million barrels of oil will continue to be slashed from daily output. All Putin
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US home prices have fallen for 5 consecutive months already. For example, the median sold price has declined by 10.4% since June (June-Nov 2022). Based on my own analysis, the average for that same time period (June through Nov) going back to the year 2010 was an average decline of only 5.0%. Also, existing home
The Federal Reserve, over its more than centurylong existence, has emerged as a leading force in the stock market. This stature was bolstered by the central bank’s adoption of two unconventional policy tools in the 2000s – large-scale asset purchases and forward guidance. Large-scale asset purchases refer to the Fed’s emergency buying of government debt
Take a step into a storybook at this enchanted short-term rental. Tucked away in the rural foothills of northern Scotland’s Ben Rinnes mountain, this little Airbnb offers to transport visitors off the grid and into a fairytale. The Bilbo Baggins-worthy hobbit hideaway gives guests a charming retreat in a wooded, round “living home” of a
Mortgage interest rates dropped again last week, and while that did little to bolster demand from homebuyers, it did send homeowners looking for savings on their monthly payments. Applications to refinance a home loan jumped 6% last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume, however, was still
The horror in Donbass has escalated this week with a barrage of 40 Ukrainian rockets hitting homes, shops and a cathedral, according to the mayor of Donetsk. We ask British journalist Mike Jones who lives in Russia and has been traveling to the Donbass region. We want to know what it is really like there
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The Peebles Corporation Chairman and CEO Don Peebles says rapidly rising interest rates have taken away consumers’ purchasing power. #FOXBusiness Subscribe to Fox Business! https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both
Sales of existing homes fell 7.7% in November compared with October, according to the National Association of Realtors. The seasonally adjusted annualized pace was 4.09 million units. That is weaker than the 4.17 million units housing analysts had predicted, and it was a much deeper fall than usual monthly declines. Sales were down 35.4% year