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Argentina’s poverty level rises to 57.4%, marking 20-year high

Argentina’s poverty rate rose to 57.4% last month, reaching the highest rate in at least the past 20 years, according to a report by the Catholic University of Argentina. According to Reuters, local media attributed the report to the devaluation of the peso, implemented by new president Javier Millay shortly after taking office in December, […]

Housing starts unexpectedly plummet to lowest level in five months

National Association of Home Builders CEO Jim Tobin provides expert analysis of the U.S. housing market as demand falls due to rising interest rates. U.S. new home construction fell to a five-month low in January, highlighting the continued challenges facing the housing market. Housing starts Sales fell 14.8% last month to 1.33 million units for […]

‘Antisemitic Incidents’ at Highest Level Ever Recorded in UK

The Community Security Trust has announced that a surge in anti-Semitism has been “inspired” by Hamas, revealing the highest number of incidents ever. There were 4,103 anti-Semitic incidents in the UK last year, far above the previous record recorded by the Community Security Trust (CST), with the majority occurring in the last two months of […]

Mortgage demand tumbles as interest rates rise to highest level since December

Realtor.com Chief Economist Daniel Hale analyzes housing affordability on “Maria Bartiromo’s Wall Street.” Important measures home purchase The number of applications decreased last week due to a sharp rise in mortgage interest rates. Mortgage Bankers Association (MBA) Index Applying for a mortgage loan New data released on Wednesday showed that stocks fell 2.3% in the […]

Bitcoin Hits $50,000 Level For First Time In More Than Two Years

Virtual currencies have risen about 16.3% so far this year (representative data) Washington: Bitcoin, the world’s largest cryptocurrency, has been on the rise for two years, boosted by expectations of interest rate cuts later this year and last month’s loosening of regulations for U.S. exchange-traded funds (ETFs) aimed at tracking its price. It reached the […]

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