U.S. single-family rents rose 1.4% in August from a year ago, down from July’s 2.3% and the smallest increase in 15 years, Cotality said. Growth cooled across price tiers, with high-end up 1.6% versus 1.1% for low-end. Chicago led at 4.7%, while Dallas fell 0.6% amid a wave of new...
At a mobile food bank in Clinton, Missouri, 74-year-old Lorna Hall spent the night in her car as rising costs and shrinking aid deepen rural hunger. Leo and Donita Barnett called the assistance a lifeline among roughly 175 households served that day. Pastor Marty Resz says demand has doubled. Harvesters,...
The US and Qatar warned the EU that its corporate sustainability due diligence directive poses an “existential threat” to European economies and urged lawmakers to repeal or pare it back, arguing it would restrict LNG imports. At the same time, the Trump administration granted final export approval for Venture Global’s...
The U.S. gross national debt has topped $38 trillion for the first time, Treasury data show, as a government shutdown leaves hundreds of thousands of federal workers unpaid and stalls the economy. Experts warned the impasse adds costs—past closures drained billions, including $11 billion during the 35-day 2018 shutdown. Michael...
Japan’s new Prime Minister, Sanae Takaichi, has ordered a fresh package of economic measures to ease the inflation strain on households and companies. Takaichi, who became Japan’s first female premier on Tuesday, provided no details on the package’s size and gave no indication on whether additional bond issuance will be...
Millions of Americans may ration heat this winter as a federal shutdown and mass layoffs stall $4bn in LIHEAP aid, the National Energy Assistance Directors Association warned. Congress approved the funds after an unsuccessful bid to cancel the program, but unprecedented staff cuts tied to Trump’s “efficiency” drive — reportedly...
As the federal shutdown enters a third week, a partisan standoff over extending enhanced ACA premium tax credits has Americans on edge. Democrats want extensions before reopening; Republicans insist on a clean funding bill first. KFF estimates premiums could more than double in 2026 if the boosts lapse after 2025....
States are warning SNAP recipients they may miss November benefits as a federal shutdown stalls funding. Pennsylvania, New Jersey, Maryland, New York and Texas issued alerts after the USDA told agencies on Oct. 10 there would be insufficient funds and ordered them to pause sending EBT files, risking delays. The...
China's economy cooled in the third quarter, expanding 4.8% year on year, its slowest pace in a year, after Beijing imposed sweeping controls on rare earth exports, jolting a fragile trade truce with the US. Growth eased from 5.2% in the previous quarter, even as the statistics bureau cited resilience...
China’s economy grew 4.8% in the third quarter, in line with forecasts, even as an ongoing property slump weighed on investment. Fixed-asset investment fell 0.5% in the first nine months—its first contraction since 2020—with property investment down 13.9%. Pinpoint Asset Management’s Zhiwei Zhang called the drop “rare and alarming,” warning...
