More homes on languishing on the market without any buyers, setting up prices to start falling as soon as this summer, according to Brian Nick, senior investment strategist at Macro Institute. In fact, the year-over-year percentage increase in unsold existing homes for sale is the highest since the Great Financial Crisis, he told Bloomberg TV […]
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(Bloomberg) — Surging rents across many developed economies are proving to be a stubborn hurdle for central banks as they struggle to nail down inflation once and for all this tightening cycle. Most Read from Bloomberg In the US, UK, Canada and Australia, rapidly rising housing costs — which have a hefty weighting in consumer […]
After celebrating his union’s historic victory at a Volkswagen plant in Tennessee, Shawn Fain, president of the United Auto Workers, told the Guardian that he is confident of more unionization wins at auto plants across the US, saying: “The workers at VW are the first domino to fall. “They have shown it is possible,” Fain […]
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