Slowing Inflation Primes G-7 Central Banks for June
Inflation-related releases across the Group of Seven will prime central bankers for crucial June interest-rate decisions, just as they meet in Italy to discuss the state of the world economy.
Latest Videos
The information you requested is not available at this time, please check back again soon.
Inflation-related releases across the Group of Seven will prime central bankers for crucial June interest-rate decisions, just as they meet in Italy to discuss the state of the world economy.
Big US bond investors have been aggressively shifting money into long-dated notes, betting that the unloved asset class will be one of the winners from eventual interest rate cuts.
A measure of underlying US inflation cooled in April for the first time in six months, a small step in the right direction for Federal Reserve officials looking to start cutting interest rates this year.
Emerging-market currencies dipped Friday on dwindling optimism over Federal Reserve rate cuts, paring their fourth-straight week of gains.
The owner of a historic office building in Manhattan’s Financial District has filed bankruptcy to sell the property, which has been subject to foreclosure and suffered from a lack of tenants due to the Covid-19 pandemic.
Jan 16, 2019
The Associated Press
SAN JOSE, Calif. -- Two cats are living large at a US$1,500-a-month studio apartment their owner rents for them in Silicon Valley, where a housing shortage has sent rents skyrocketing.
The Mercury News reports the 20-pound (9-kilogram) cats named Tina and Louise moved to the studio in San Jose after their owner moved away to college.
The student's father, Troy Good, was unable to keep them and asked friend David Callisch to rent him the kitchen-less studio so he could keep his daughter's beloved cats.
The newspaper reports Good and his cats got a decent deal because an average studio apartment in San Jose rents for US$1,951 a month, according to RentCafe.
Callisch says he feels bad wasting valuable living space on animals during a housing shortage, but he wanted to help a friend.