Category: Economy

UK house prices unexpectedly climbed in October due to a shortage of properties amid the robust labor market conditions, data from the mortgage lender Nationwide Building Society revealed Wednesday. House … Read More

Save articles for later Add articles to your saved list and come back to them any time. Borrowers are being warned to prepare their budgets for an interest rate “peak” … Read More

Oil major Exxon Mobil Corp. (XOM) reported Friday a profit for the third quarter that plunged from last year, reflecting lower natural gas and crude oil realizations as well as … Read More

U.S. economic growth accelerated by more than expected in the third quarter of 2023, according to a report released by the Commerce Department on Thursday. The Commerce Department said gross … Read More

Faster-than-expected inflation is likely to force the Reserve Bank of Australia to deliver a 25 basis point rate hike in November, which could be the last in the current tightening … Read More

Driven by the deepening downturn in both services and manufacturing activity, the euro area private sector shrank for the fifth month in a row in October with output falling the … Read More

London-headquartered mining business Anglo American (AAL) on Tuesday said that on a copper equivalent production basis, production for the third quarter decreased by 1 percent compared to last year. However, … Read More

Save articles for later Add articles to your saved list and come back to them any time. This article originally appeared in Refinery29 Australia. Welcome to Money Diaries, where we … Read More

Philadelphia-area manufacturing activity contracted at a slower rate in the month of October, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed … Read More

South Korea’s central bank left its benchmark interest rate unchanged for the sixth straight session and maintained its restrictive policy stance as geopolitical tensions pose upside risks to inflation. The … Read More