In exchange for avoiding a criminal trial and no one receiving a prison sentence, Morgan Stanley bank agreed to pay a $249-million fine to the U.S. government to settle an investigation into the bank’s handling of several large stock trades from 2018 into 2021.
Fewer than half of the Baby Boom generation, born between 1946 and 1964, have the resources to retire comfortably, a study by Business Insider found.
The number of applications for mortgages to buy a home rose 6 percent during the first week of this year from the final week of December but remained 16 percent below the number a year earlier, the Mortgage Bankers Association (MBA) reported.
The median selling price of U.S. homes in November reached $434,700, the U.S. Census Bureau reported, a 5.2-percent increase year on year compared to a 4.7-percent bump in October, according to data service CoreLogic.
U.S. consumer prices grew by 3.4 percent in December, the Labor Department reported, surpassing November’s 3.1 percent and beating economists’ forecasts of 3.2 percent.
Pick your country, take a trip around the world. By the hard facts and indisputable data, across the socioeconomic and geopolitical spectrum it’s a freak show run by political freaks.
Attacks on shipping in the Red Sea by Yemen’s Iran-backed Houthi faction have sent shipping costs soaring, adding to the price of cross-border trade and threatening to inflate prices once again.