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Yuan vs. Dollar: Can China's Currency Challenge the Global Dominance of the Greenback?

Yuan vs. Dollar: Can China's Currency Challenge the Global Dominance of the Greenback?

The U.S. dollar has long held a dominant position in the global financial system, but the Chinese yuan is gradually gaining traction.

Jun 26, 2024 05:20 PM EDT


US Consumer Confidence Falls in June, Triggering Shifts in Spending Habits

US Consumer Confidence Falls in June, Triggering Shifts in Spending Habits

In June, American consumers experienced a decline in confidence, marking a shift that reflects broader economic concerns.

Jun 26, 2024 05:00 PM EDT


Hong Kong Takes Crown as World's Priciest Construction Hub, Offering Investors a Double-Edged Sword

Hong Kong Takes Crown as World's Priciest Construction Hub, Offering Investors a Double-Edged Sword

Hong Kong's ascent to becoming Asia's most expensive city for property construction marks a significant shift in regional dynamics, driven by soaring construction prices and exacerbated by a deepening labor shortage.

Jun 25, 2024 08:44 PM EDT


Yellen Targets Housing Shortage to Improve Affordability, First-Time Homebuyers May Feel At Ease

Yellen Targets Housing Shortage to Improve Affordability, First-Time Homebuyers May Feel At Ease

In response to soaring housing costs exacerbated by the pandemic, the Biden administration, led by Treasury Secretary Janet Yellen, has unveiled a series of initiatives aimed at increasing access to affordable housing.

Jun 25, 2024 08:27 PM EDT


 Oil Prices Poised to Plunge to $60 in 2025 as Stockpiles Swell

Oil Prices Poised to Plunge to $60 in 2025 as Stockpiles Swell

Citi analysts predict oil prices will reach their highest point this summer before experiencing a significant drop in 2025.

Jun 21, 2024 10:07 PM EDT


Trump and Biden Face Off on Economic Policies: Immigration and Tax Plans Compared

Trump and Biden Face Off on Economic Policies: Immigration and Tax Plans Compared

As the 2024 presidential election approaches, President Joe Biden and former President Donald Trump have outlined distinctly different economic plans to appeal to voters. Trump's agenda focuses on expanding his 2017 tax cuts, enforcing strict immigration controls with mass deportations, imposing tariffs on all U.S. imports, and dismantling Biden's clean energy initiatives.

Jun 21, 2024 10:00 PM EDT


High Rates Make Home Improvement Loans a Double-Edged Sword

High Rates Make Home Improvement Loans a Double-Edged Sword

Homeownership brings with it not only the joys of having your own space but also the responsibility of maintaining and improving it.

Jun 21, 2024 10:07 PM EDT


US Homes Brace for Higher Air Conditioning Costs

US Homes Brace for Higher Air Conditioning Costs

This summer, as temperatures climb, American households are bracing for higher cooling expenses

Jun 21, 2024 10:06 PM EDT


How a Trump 2024 Victory Could Reshape the Housing Market

How a Trump 2024 Victory Could Reshape the Housing Market

Experts and recent data suggest that Donald Trump’s potential reelection could significantly impact the U.S. housing market, which is currently facing high mortgage rates and escalating home prices.

Jun 21, 2024 10:06 PM EDT


UAE Poised to Become World's Top Destination for Millionaires

UAE Poised to Become World's Top Destination for Millionaires

The United Arab Emirates (UAE) is on track to maintain its position as the world's top destination for wealthy individuals for the third consecutive year.

Jun 21, 2024 10:06 PM EDT


Millions Struggle With Housing Costs, LendingTree Study Finds

Millions Struggle With Housing Costs, LendingTree Study Finds

Over 18 million Americans reside in houses where their monthly expenses exceed what is deemed to be a stable financial situation.

Jun 21, 2024 10:00 PM EDT


 Many Gen Xers Fear They Can't Afford Retirement

Many Gen Xers Fear They Can't Afford Retirement

This month marks the oldest members of Generation X to hit 59 1/2, the earliest age at which employees can begin taking early withdrawals from their accounts without incurring penalties.

Jun 19, 2024 03:17 PM EDT


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