Most Americans say a lack of affordable housing is a serious problem where they live. An NPR poll also finds nearly twice as many Black renters as white faced an eviction threat in the past year.
Hong Kong's COVID lockdown measures have devastated the city's tourism industry and disrupted business travel in a city known for being an international financial center and a business hub.
U.S. employers added 528,000 jobs in July, showing the labor market remains strong, despite high inflation and softening economic growth. The unemployment rate fell to 3.5%.
The average price of gasoline nationwide is expected to drop below $4 a gallon in the coming days as prices continue to fall from the record highs hit in June.
Soaring natural gas prices are likely to drive consumer price inflation to 13.3% in October, the bank said. That will push Britain into recession later this year, bank forecasts show.
Gasoline prices have come down significantly during the last several weeks. Currently, the price of a gallon of gas in Georgia is about 45 cents below the national average, according to AAA.
Rising interest rates and fierce competition are pushing many potential homeowners out of the market, leading one person to conclude: "I feel like the American dream isn't attainable anymore."
An editing battle over its "recession" entry prompted Wikipedia to put a temporarily lock on revisions. The entry was changed to a definition of recession that aligned with President Biden's stance.
GDP, or gross domestic product, tells us how much the economy grew in the previous quarter. There's fears that the economy contracted for a second quarter in a row.
The Federal Reserve is expected to raise its benchmark interest rate by another three-quarters of a percentage point amid fears of a looming recession.
Many first-time investors bought Bitcoin and other cryptocurrencies as they neared all-time highs, and crypto companies spent millions on marketing. Today, they are coping with painful losses.