We extend your Money Senses
By Luo Jun, Zhao Yidi and Klaus Wille
April 14 (Bloomberg) — China’s central bank chief, who raised interest rates six times last year, said there’s still room for the country’s lending and deposit rates to increase to help cap the fastest inflation in more than a decade.
“The anti-inflation policy is a combination of both […]
by Charles Wheelan, Ph.D.
Housing prices dropped by over 11 percent at the beginning of this year, the largest drop in the 20 years that such data have been collected. Thank goodness.
Restoring Financial Sanity
Why are plummeting real estate prices good news? Because it’s the first sign that sanity is returning to the market. And a sane […]
Wednesday April 2, 6:10 pm ET
By Joe Bel Bruno, AP Business Writer
Stocks Decline As Oil Price Spike Causes Worries About Consumer Spending, Economy
NEW YORK (AP) – Wall Street turned lower Wednesday as investors worried that a sharp jump in oil prices could be another sign that consumers are under stress in an economy that […]