US home building surged in February
Washington, DC CNN — US home building jumped higher in February, turning around after five consecutive months of falling. Housing starts, a measure of new home construction, rose by 9.8%…
Australia’s central bank signals more tightening ahead after hiking rates to decade high
Sydney Reuters — Australia’s central bank raised its cash rate by 25 basis points to a decade-high of 3.35% on Tuesday and reiterated that further increases would be needed, in…
European Debt Crisis Fast Facts
CNN — Here’s a look at the European Debt Crisis, which affected Cyprus, Greece, Ireland, Italy, Portugal and Spain. July 11, 2011 – A munitions explosion at a naval base…
India is set to become the world’s most populous country. Can it create enough jobs?
New Delhi CNN — India will overtake China this year to become the world’s most populous country. The likelihood of India passing that major milestone within a few months shot…
Oil funds and a Turkey ETF were 2022 market winners, but Russia and crypto tanked
New York CNN — Oil stocks skyrocketed in 2022, so it’s no surprise funds that track the energy sector were Wall Street winners this year. But the top fund of…
Online Black Friday sales set a new record
New York CNN Business — Online Black Friday sales in the United States topped a record-breaking $9.12 billion this year, according to Adobe Analytics, kicking off a solid start to…
The West is struggling to set an oil price cap that hurts Russia
London CNN Business — Allies of Ukraine want to put a price limit on Russian oil. But there’s a problem: They can’t agree on a number that would actually pile…
Malaysia’s 15th general election, explained: Floods, climate change and years of political instability
CNN — Malaysians will head to the polls on Saturday to vote for a new government following years of political turmoil. Three prime ministers have governed the Southeast Asian country…
Nepal Fast Facts | CNN
CNN — Here’s a look at Nepal, a mountainous country on the southern side of the Himalayas of Southern Asia. It shares Mt. Everest, the world’s tallest mountain, with China.…
Latest inflation report shows wholesale prices rose at a slower pace last month
Minneapolis CNN Business — A key measure of inflation, wholesale prices, rose by 8% in October from a year before, according to the latest report from the Bureau of Labor…