Australian home prices surged 8% in 2023 but rates, inflation cloud outlook
SYDNEY (Reuters) – Australian home prices rose last year, a significant turnaround from the 5% dip seen in 2022, but interest rate hikes and persistent cost of living pressures have somewhat slowed…
Pregnancy-related deaths in US surged during pandemic – CDC
By Mariam Sunny (Reuters) – Maternal mortality rates rose 40% in 2021 in the United States as the COVID-19 pandemic worsened a health crisis among pregnant women in the country, data from…
Hate crimes in US surged 11.6% in 2021, fueled by racial, ethnic bias
By Sarah N. Lynch WASHINGTON (Reuters) -Hate crimes in the United States surged 11.6% in 2021, with the largest number motivated by bias against Black people, followed by crimes targeting victims for…
Private credit investments surged 89% in 2022 – report
By Chiara Elisei LONDON (Reuters) – Private credit and infrastructure investments across emerging and developing markets surged to record levels in 2022 as borrowers looked for alternative financing options amid rising interest…
Exclusive-Deforestation of Brazilian savanna surged some 25% in a year, sources say
By Jake Spring SAO PAULO (Reuters) -Deforestation in the world’s most biologically diverse savanna, the Brazilian Cerrado, rose by around 25% in the 12 months through July from the previous period, two…
CME says aluminium futures average daily volumes have surged in Q3
(Reuters) – Futures exchange operator CME Group Inc on Friday said average daily volumes in aluminium futures have surged 359% in the third quarter to date from the first quarter, hitting a…
North Korea imports of Chinese masks, gloves surged before declaring COVID victory
BEIJING (Reuters) – North Korea imported more than 1 million facial masks and 15,000 pairs of rubber gloves from China in July, shortly before declaring victory over COVID-19, Chinese trade showed on…
Losses from crypto hacks surged 60% to $1.9 billion in Jan-July -Chainalysis
By Gertrude Chavez-Dreyfuss NEW YORK – Losses arising from cryptocurrency hacks jumped nearly 60% in the first seven months of the year to $1.9 billion, propelled by a surge in funds stolen…
This Small Tech Firm With Just 25M In Revenue Surged To Be A Top 15 International Company, And No One Knows Why
This Small Tech Firm With Just 25M In Revenue Surged To Be A Top 15 International Company, And No One Knows Why Max Keating on August 2, 2022 A Hong Kong-based tech firm sold…
The Fed’s Preferred Inflation Metric Just Surged In Another Warning Sign For The Economy
The Fed’s Preferred Inflation Metric Just Surged In Another Warning Sign For The Economy Max Keating on July 29, 2022 The Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures (PCE) price…
Spot Australian thermal coal has surged, but contract price is key: Russell
By Clyde Russell LAUNCESTON, Australia – The spot price of Australian thermal coal is higher than that of coking coal, an unprecedented situation that highlights just how the global market for the…
Another Key Inflation Indicator Surged To Highest Level Since 1983
A key inflation indicator increased to its highest level in 38 years while consumer demand remained strong despite soaring prices, the Commerce Department announced Friday. The Commerce Department’s personal consumption expenditure (PCE)…
Mortgage Applications Plummet As Housing Prices Surged To Record High
Mortgage Applications Plummet As Housing Prices Surged To Record High Harry Wilmerding on February 23, 2022 Mortgage applications plummeted to their lowest level in three years as rates continued to edge higher,…
US Home Prices Surged To Record High In 2021
U.S. home prices soared to a record high in 2021 as low mortgage rates fueled buyers to rush into a market with ultra-low inventory, according to a home price index. Home prices…
Sports Gambling Surged To Record High During The Super Bowl
Sports gambling during the 2022 Super Bowl surged to record highs as legal gambling became more accessible throughout 2021, The Wall Street Journal reported. GeoComply, a company that records gambling transactions, told…
Consumer Spending Surged In January As Inflation Reached Near 40-Year High
Consumer spending surged in January amid soaring inflation, the Commerce Department announced Wednesday. Retail sales grew 3.8% in January, far exceeding the 2.1% Dow Jones estimate, the Commerce Department announced Wednesday. January’s…
US Trade Deficit Reached Record High In 2021 As Imports Surged
The U.S. trade deficit continued to grow in December as the import-export gap widened to record highs in 2021, the Census Bureau reported Tuesday. The trade deficit grew by 1.8% in December…
Global carbon markets value surged to record $851 billion last year-Refinitiv
By Nina Chestney LONDON – The value of traded global markets for carbon dioxide (CO2) permits grew by 164% to a record 760 billion euros ($851 billion) last year, analysts at Refinitiv…
Home Sales Surged To 15-Year High In 2021
U.S. existing home sales soared to a 15-year high in 2021 fueled by low interest rates and remote work, which boosted a competitive housing market, the National Association of Realtors (NAR) announced…
US Home Prices Surged Almost 20% In October
U.S. home prices surged in October as the housing market remains strong after the COVID-19 pandemic, according to a key economic indicator. Home prices climbed 18.4% in October compared to one year…
Holiday Sales Surged In December Amid Supply Chain Issues And Growing COVID-19 Cases
Holiday sales surged at the fastest pace in nearly 20 years despite shoppers facing higher prices, supply issues and soaring COVID-19 cases, according to a key spending metric. Holiday sales grew 8.5%…
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