The United States' sluggish housing market will remain weak through next year as high mortgage rates stifle demand with only a modest rebound expected in 2027, a Reuters survey of property experts showed.
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US Retail Sales Beat Expectations in August
U.S. retail sales increased more than expected in August, but momentum could ease amid labor market weakness and rising goods prices because of tariffs on imports.
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Fed Avoids Shock to Independence for Now
The U.S. central bank opens a two-day policy meeting Tuesday having skirted, for now, a first-ever effort by the U.S. President to remove a sitting Fed governor, but still facing unprecedented pressure from the White House to bring monetary policy more under the direct...
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Bessent sees trade deal likely with China before November deadline on reciprocal tariffs
Treasury Secretary Scott Bessent appeared Tuesday on CNBC's "Squawk Box" program.
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Merz Plunges Germany Into a Debt Spiral
The Bundestag's Budget Committee reached an agreement on Sept. 5 regarding this year's federal budget. In the end, record debt remains, publicly masked with accounting tricks and hopeful rhetoric.
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How the Democrat Party Could Reinvent Itself
Zohran Mamdani, if elected mayor of New York, would put the city at loggerheads with a reform movement within a Democrat Party that is searching for an answer to President Trump's populist agenda-tariffs, tax cuts and deregulation.
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