UNITED NATIONS, Aug. 22 (Xinhua) — UN humanitarians on Tuesday called for an end to renewed clashes in the Sudan conflict to allow for aid delivery to civilians, including in South Darfur and South Kordofan. “We are deeply concerned about the impact of renewed fighting in several parts of the country,” said the UN Office […]
NEW YORK, New York – Technology stocks fired up in a positive start to the new week Monday, despite rising interest rates. The Nasdaq Composite powered head while the industrial indices lagged. “I think the path of least resistance is the momentum that you’ve seen coming into this week,” Jeff Schulze, head of economic and […]
WASHINGTON D.C.: The average long-term US mortgage rate climbed this week to its highest level in more than 20 years. Mortgage buyer Freddie Mac said that last week, the average rate on the benchmark 30-year home loan rose to 7.09 percent from 6.96 percent, compared to 5.13 percent one year ago. This rise is the […]
WASHINGTON D.C.: A Commerce Department report issued this week reported that amidst an acute shortage of previously owned houses, in July US single-family homebuilding surged and permits for future construction rose. However, mortgage rates increased again to near two-decade highs, which could slow the housing market rebound. The figures followed news that retail sales rose […]
NEW YORK, New York – U.S. stocks struggled to regain momentum on Friday following losses over the course of the week. A filing for bankruptcy by the world’s largest property developer, Evergrande, the reaching of a historic low by China’s yuan, and rising U.S. Treasury yields kept pressure on stock markets and helped the greenback […]
© Provided by Xinhua — U.S. gas prices surged to an average of 3.87 U.S. dollars a gallon nationally, the highest level in 10 months. — Total U.S. gasoline stocks this month fell to 216.4 million barrels, the fifth decline in six weeks. NEW YORK, Aug. 17 (Xinhua) — U.S. gas prices surged to an […]
© Provided by Xinhua The size of Italy’s public debt has risen every month this year after declining in the final three months of 2022. ROME, Aug. 16 (Xinhua) — Italy’s public debt set an all-time record of 2.843 trillion euros (3.09 trillion U.S. dollars) in June, reflecting in part an increase in government borrowing, […]
NEW YORK, New York – Stocks in the U.S. were sold off Tuesday as fears mounted over the state of the global economy with disappointing data out of Beijing and London. U.S. bank stocks bore the brunt of the selling Tuesday. Minneapolis Federal Reserve President Neel Kashkari was quoted as supporting “significantly further” capital regulation. […]
Joshimath (Uttarakhand) [India], August 15 (ANI): Fresh cracks appeared in Joshimath, raising fear among the residents of the Uttarakhand town as heavy rains lashed the state. Due to heavy rain, 16 families in Panwar Mohalla and Negi Mohalla in Sunil village of Joshimath are at risk, after the upper and lower sides of the village […]
Forecasts for production in the current agricultural season remains unchanged, USDA says Russia is projected to send 48 million tons of wheat for export in the current agricultural year (July 2022 to June 2023), according to the latest review issued by the US Department of Agriculture (USDA) released on Friday. The latest figure comes as […]
