A recent government report from the Canada Mortgage & Housing Corp. (CMHC) indicates that even a doubling of homebuilding activity in Canada would only restore housing affordability to levels seen immediately before the Covid-19 pandemic. This new assessment revises earlier, more optimistic projections and underscores the escalating scale of the…
Citing export curbs, China’s overseas shipments of rare earth magnets plummeted in May, falling to their lowest levels in…
Iran’s economy is barely holding together. In fact, it was collapsing before the war even began.As missile strikes with…
As the US Fed is expected to keep benchmark interest rates unchanged, the US President intensified his long-standing criticism…
The Federal Reserve on Wednesday kept its benchmark interest rate unchanged, holding the target range at 4.25% to 4.5%,…
Shares of cryptofirms Coinbase (COIN) and Circle (CRCL) surged on Wednesday after the US Senate passed the key stablecoin…
The UK’s high-speed rail project HS2 will not meet its scheduled 2033 completion date or stay within budget, Transport…
US markets closed largely unchanged on Wednesday after the US Federal Reserve kept interest rates unchanged. The central bank…
Nippon Steel’s CEO stated on Thursday that the US government’s golden share in US Steel will not impede the…