But consumer spending, which accounts for about 70% of U.S. economic activity, remained resilient, growing at a 3.7% annual pace, the fastest such rate in nearly two years. Spending on goods, in particular, was solid: It rose at its fastest pace since the second quarter of 2021. Economists had been expecting overall GDP to grow…
Inflation’s finally cooling, and interest rates may be peaking soon. That means now may be the right time to jump back into the market – even with a potential recession on the horizon, some strategists say. Forty-year high inflation and the most aggressive interest rate hikes by the Federal Reserve since the 1980s pummeled people’s…
America Mortgages, the leading provider of U.S. mortgage loans for non-U.S. residents and U.S. Expats, proudly introduces its top-tier mortgage loan program catering to non-resident U.S. real estate investors. This cutting-edge initiative aims to unlock unparalleled investment potential for international investors seeking to capitalize on the thriving U.S. real estate market. With the U.S. real…
FILE – In this photo provided by the Montana Governor’s Office, Republican Gov. Greg Gianforte signs a law banning TikTok in the state, May 17, 2023, in Helena, Mont. TikTok, Inc., filed a lawsuit Monday, May 22, 2023, seeking to overturn Montana’s first-in-the-nation ban on the video sharing app, arguing the law is an unconstitutional…
Dr. Vivek Murthy, the U.S. surgeon general, is calling for “immediate action” by tech companies and lawmakers to protect kids’ and adolescents’ mental health on social media. But after years of middling and insufficient action by both social media platforms and policymakers, parents and young people still bear most of the burden in navigating the…
