In recent times, the economic landscape has presented an array of challenges that have profoundly affected the business community. Some of the most significant challenges include soaring inflation rates, escalating interest rates, looming fears of a recession, and a tangible decrease in revenues for many sectors…
Tag: interest rates
BRITAIN’S ECONOMY TEETERS ON THE EDGE OF RECESSION
In 2023, more than 25,000 U.K. businesses, small and large, went bankrupt, the most since 1993, The Wall Street Journal reported.
U.S. CREATES 353,000 JOBS IN JANUARY. WEAKNESS HIDDEN
The U.S. economy sprouted an additional 353,000 jobs in January, the labor department reported, almost twice as many as expected by analysts The Wall Street Journal had surveyed.
GOING OUT OF BUSINESS TRENDS
In recent times, the economic landscape has presented an array of challenges that have profoundly affected the business community.
GOING OUT OF BUSINESS TRENDS
In recent times, the economic landscape has presented an array of challenges that have profoundly affected the business community. Some of the most significant challenges include soaring inflation rates, escalating interest rates, looming fears of a recession, and a tangible decrease in revenues for many sectors…
MORTGAGE DEMAND RISES WITH NEW YEAR. SO DO MORTGAGE INTEREST RATES
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.
INFLATION KEEPS RISING
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.
GOING OUT OF BUSINESS TRENDS
In recent times, the economic landscape has presented an array of challenges that have profoundly affected the business community. Some of the most significant challenges include soaring inflation rates, escalating interest rates, looming fears of a recession, and a tangible decrease in revenues for many sectors…
HOME CONSTRUCTION STARTS AND PERMITS JUMP IN NOVEMBER
In November, builders began work on new homes at a clip that translates to an annual rate of 1.6 million housing units and filed permits to construct 1.5 million more, news service Quartz reported.
U.S. VENTURE CAPITAL FUND-RAISING PLUMMETED 60 PERCENT IN 2023
Venture capitalists’ (VCs’) attempts to raise funds to invest in new and young companies brought in only $67 billion last year, the least since 2017 and 60 percent less than in 2022, which was a peak year, according to the National Venture Capital Association.