Financial News

US navigating ‘housing bubble,’ Fed says. Will it pop or ‘deflate?’

He has said the US housing market needed a “difficult correction” and a “reset” to bring better “balance” to a market that had enjoyed runaway price growth and demand during the pandemic frenzy — but this week Federal Reserve Chairman Jerome Powell used a stronger word to describe the state of the nation’s housing market. …

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US navigating ‘housing bubble,’ Fed says. Will it pop or ‘deflate?’

He has said the US housing market needed a “difficult correction” and a “reset” to bring better “balance” to a market that had enjoyed runaway price growth and demand during the pandemic frenzy — but this week Federal Reserve Chairman Jerome Powell used a stronger word to describe the state of the nation’s housing market. …

US navigating ‘housing bubble,’ Fed says. Will it pop or ‘deflate?’ Read More »

Indonesia’s TikTok sellers hawk hijab to handbags | E-Commerce

Bali, Indonesia – Like many in his village, Inggit Pambudi and his wife Mudya Ayu earn a living making and selling headscarves. The couple are part of the thousands of home industries in West Java’s district of Cicalengka, known as “Kampung Hijab”, or “Hijab Village”. Cicalengka specializes in modest wear, a highly sought-after commodity in …

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Canada Banks’ Lending Margins in Spotlight as Economy Slows

(Bloomberg) — The ability to profit from higher interest rates is becoming a crucial differentiator among Canada’s big banks, with most other parts of their businesses poised to weaken as the economy slows. Most Read from Bloomberg Three of the country’s six largest banks beat earnings estimates in the fiscal fourth quarter, with only one …

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Opinion: Canada’s overly educated work force is nothing to be proud of

Starbucks baristas during the company’s annual shareholders meeting in Seattle on March 20, 2019.Ted S. Warren/The Associated Press Rob Csernyik is a freelance journalist who is writing a book about minimum-wage work. Several months after receiving my second bachelor’s degree, I found myself working behind an espresso machine once again. When I graduated from high …

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Proposed sovereignty act could drive investment away from Alberta

Breadcrumb Trail Links Politics ‘We still don’t see how an act like this contributes to economic growth,’ said chamber President and CEO Deborah Yedlin Publishing date: November 30, 2022 • 20 hours ago • 3 minute read 264 comments Premier Danielle Smith and Justice Minister Tyler Shandro share details on legislation intended to defend Alberta’s …

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