Lay Low at One of the Jersey Shore’s Coolest Speakeasies This Summer
Nestled beneath the bustling Reyla restaurant in Asbury Park, Laylow offers a unique speakeasy experience that is currently the talk of the town. This hidden gem transports patrons back to the Prohibition…
U.S. housing starts drop to 13-month low in May; building permits fall
WASHINGTON – U.S. homebuilding fell to a 13-month low in May and permits tumbled, suggesting the housing market was cooling as surging mortgage rates reduce affordability for many first-time homebuyers. Housing starts…
U.S. home builder sentiment hits two-year low in June – NAHB
WASHINGTON – Confidence among U.S. single-family homebuilders dropped to a two-year low in June as high inflation and rising mortgage rates reduced affordability for entry-level and first-time buyers, a survey showed on…
Thai consumer mood at 9-min low in May on living costs, Ukraine war
BANGKOK – Thai consumer confidence dropped for a fifth straight month in May, hitting a ninth-month low, due to worries over higher living costs and the impacts of Russia’s invasion of Ukraine,…
Mortgage market index falls to 22-year low -MBA
(Reuters) – A measure of mortgage loan application volume fell to its lowest level in 22 years last week, Mortgage Bankers Association data showed on Wednesday, as the Federal Reserve’s moves to…
Asian stock valuations dip to 26-month low on slowdown worries
(Reuters) – Asian equities’ valuations dropped to a more than two-year low at the end of May, as regional shares were hit by concerns over monetary tightening measures by major central banks…
French manufacturing activity at seven-month low in May -PMI
PARIS – Activity in the French manufacturing sector slowed further last month, reaching a seven-month low, as steep inflation hit new business while continued supply chain and logistics problems slowed production, a…
Ugandan researchers develop low cost sensors to track air pollution
KAMPALA – Ugandan researchers have developed low-cost air quality monitoring sensors that work in extreme conditions and will allow Uganda to switch from expensive imported monitors in its bid to tackle rising…
Nigeria finance minister: low oil output barely enough to cover petrol imports
By Dan Burns DAVOS, Switzerland – Low crude oil production means Nigeria is barely able to cover the cost of imported petrol from its oil and gas revenue, Finance Minister Zainab Ahmed…
U.S. pending home sales dive to two-year low in April
WASHINGTON – Contracts to buy U.S. previously owned homes dropped to a two-year low in April, the latest indication that rising mortgage rates and higher prices were dampening demand for housing. The…
German consumer morale inches up after falling to record low -GfK
BERLIN – German consumer morale is projected to inch up in June after falling to a record low in May, but high inflation and the war in Ukraine continue to weigh on…
More U.S. monkeypox cases likely, risk to public is low -official says
WASHINGTON -Additional cases of monkeypox are likely to be detected in the United States but the risk to the general public is low at this time, a senior U.S. administration official said…
Black Knight’s First Look: Mortgage Delinquencies Hit Yet Another Record Low in April, Driven by Continued Improvement Among Seriously Past-Due Loans
The national delinquency rate fell to 2.80% in April, down four basis points from March, hitting a new record low for the second consecutive month Overall delinquencies are down nearly 40% from…
Generac Grid Services, PosiGen Announce a First-of-its-Kind Program to Expand Access to Clean Energy for Low- to Moderate- Income Residents
Through the program, which will be facilitated by Generac Grid Services, PosiGen’s solar customers in Connecticut will be able to obtain a Generac PWRcell battery and Generac PWRmanager load management system to…
Mid-Atlantic factory activity at 2-year low, Philadelphia Fed says
(Reuters) – Factory output growth in the U.S. Mid-Atlantic region decelerated far more than expected in May, and the business outlook for the next six months is the weakest in more than…
Hong Kong new listings volume sinks to 9-year low on China slowdown
By Scott Murdoch HONG KONG – Hong Kong’s new listings volume plunged 90% to a nine-year low this year, data showed, as China’s sharp economic slowdown and its regulatory drive cast a…
Investors rush to cash as growth optimism hits record low – BofA
LONDON – Investors are becoming increasingly concerned about global growth with optimism at an all-time low, as they increase their cash holdings to the highest level in two decades, according to BoFA…
China’s April oil refinery output plunges to two-year low as COVID curbs bite
BEIJING – China processed 11% less crude oil in April than a year earlier, with daily throughput falling to the lowest since March 2020 as refiners slashed operations on weaker demand due…
Small Businesses Struggle To Survive In Biden’s Economy, Optimism Hits All-Time Low: POLL
Small Businesses Struggle To Survive In Biden’s Economy, Optimism Hits All-Time Low: POLL Thomas Catenacci on May 13, 2022 Small business owners are increasingly pessimistic about U.S. economic conditions and overwhelmingly support…
Tumble in Coinbase pushes Wood’s ARK fund closer to pandemic low
By David Randall NEW YORK – A collapse in cryptocurrency company Coinbase Global Inc pushed star stock picker Cathie Wood’s ARK Innovation ETF down nearly 8% on Wednesday, putting it within 10%…
S.Korea April unemployment rate stays at historical low for 3rd month
SEOUL – South Korea’s unemployment rate remained at a historical low for a third month in April, while the number of people employed increased for a 14th straight month, the government data…
Rivian skids 14% to hit new low on report Ford to sell shares
(Reuters) – Shares of Rivian Automotive Inc opened at a record low on Monday, down 14%, after a report that early investor Ford would be selling a part of its stake in…
As some states hit record low unemployment, Fed faces tough adjustment
By Howard Schneider WASHINGTON – When Georgia matched its record low unemployment rate of 3.4% last October, officials in the southern U.S. state could, in an important sense, mark the COVID-19 pandemic’s…
UK factory activity edges up from March’s one-year low – PMI
By David Milliken LONDON – British factory activity edged up in April after slowing to its weakest in just over a year in March following Russia’s invasion of Ukraine, but manufacturers were…
Mental health issues in kids rose during pandemic; awareness and use of COVID treatments is low
By Nancy Lapid (Reuters) – The following is a summary of some recent studies on COVID-19. They include research that warrants further study to corroborate the findings and that has yet to…
S.Korea April export growth to hit 14-mth low; inflation near 11-yr high: Reuters poll
By Jihoon Lee SEOUL – South Korea’s exports are expected to have posted their slowest growth in 14 months in April while consumer inflation is seen hitting a near 11-year high, a…
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