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Industries, Others

ONS House Prices Index: property market ‘resilient’ despite high mortgage rates

June 19, 2024

Via: MoneyWeek

Growth in UK house prices remained steady in April despite rising mortgage rates, the latest Office for National Statistics (ONS) and Land Registry House Price Index (HPI) has found. Provisional estimates show that average house prices grew 0.3% month-on-month (non-seasonally adjusted) to £281,000. This […]


Industries, Others

RICS: No spring boost for UK housing market as interest rates remain high

June 13, 2024

Via: MoneyWeek

The UK housing market saw a dip in confidence in May, according to the latest survey from the Royal Institute of Chartered Surveyors (RICS). House prices and buyer confidence are partly driven by mortgage rates, which are linked to the […]


Industries, Others

Inflation in UK shops now back at ‘normal levels’ – as prices for some items fall

May 28, 2024

Via: Sky News

Overall annual shop price inflation eased to 0.6% in May, down from 0.8% in April, the British Retail Consortium (BRC) and NielsenIQ said. Non-food products remained in deflation – at -0.8% in May – a fall from -0.6% in the […]


Industries, Others

Grocery inflation at lowest level since October 2021, industry data suggests

May 21, 2024

Via: Sky News

Kantar Worldpanel – which tracks supermarket till prices, sales and market share – said its measure of grocery inflation slowed to 2.4% in the four weeks to 12 May from 3.2% the previous month. The measure showed there is still […]


Industries, Others

Zoopla House Price Index: house prices rise in the north, but slide in the south

April 29, 2024

Via: MoneyWeek

House price inflation remained down against the year in March despite improving consumer sentiment, the latest Zoopla House Prices Index (HPI) has found. Average property prices were 0.2% lower year-on-year, the property listing website reported – a similar fall to […]


Industries, Others

Supermarket price war leads to fall in grocery inflation

April 23, 2024

Via: Sky News

Kantar Worldpanel, which compiles price and sales data from the major chains, noted a 14th consecutive slowing in the annual pace of price rises at the tills in its latest report on the sector. It found that savvy shoppers took […]


Industries, Others

Average rents hit another record high while house price falls ease off

March 20, 2024

Via: Sky News

The data from the Office for National Statistics (ONS) showed no let up in the surging costs faced by renters since 2022. It reported a leap of 9% over the 12 months to February in a provisional estimate, up from […]


Industries, Others

China sets ambitious growth target of around 5% and announces increases in military spending

March 5, 2024

Via: Sky News

Chinese Premier Li Qiang made the announcement at the opening of the country’s annual meeting of the National People’s Congress on Tuesday, in a speech that prioritised both security and the economy. Mr Li said the government would issue 1 […]


Industries, Others

Boeing’s MAX production issues ripple across aerospace industry

January 25, 2024

Via: Investing.com

Boeing’s troubles with its 737 MAX jets are upending the aerospace industry’s 2024 plans, changing airlines’ fleet and expansion goals as U.S. regulators froze production of the best-selling jets. The FAA ramped up scrutiny of Boeing (NYSE:BA) after a frightening […]


Industries, Others

The 10 areas bucking the house price slump

December 28, 2023

Via: MoneyWeek

Average house prices have been falling for much of the year but some areas are bucking the trend. High mortgage rates have pushed property demand down this year and house prices indices from Halifax, Nationwide and the Office for National […]


Industries, Others

GPT and other AI models can’t analyze an SEC filing, researchers find

December 19, 2023

Via: CNBC

Large language models, similar to the one at the heart of ChatGPT, frequently fail to answer questions derived from Securities and Exchange Commission filings, researchers from a startup called Patronus AI found. Even the best-performing artificial intelligence model configuration they […]


Industries, Others

Construction turns college students’ heads from tech sector

September 6, 2023

Via: Education Dive

Laura Cosgriff gets daily phone calls from local contractors looking for students to employ — and the frequency of those calls has increased in recent years. The construction technology coordinator for Lorain County Community College in Elyria, Ohio, said the […]


Industries, Others

Mortgage approvals drop in further sign of housing market slowdown

August 30, 2023

Via: Sky News

The net decrease – from 54,600 in June to 49,400 in July – is a five-month low and worse than expected. A poll of economists predicted the figure would be around 51,000. Leading property website Zoopla said on Wednesday morning […]


Industries, Others

United Real Estate Group Records Red-Hot Growth Despite Industry Trends

August 17, 2023

Via: Markets Insider

United Real Estate Group (United) has been named for the seventh time to the internationally respected Inc. 5000 list, ranking No. 711 among 5,000 of America’s fastest-growing private companies. Although our market has significantly contracted, we continue to grow by […]


Industries, Others

Reaching The Finish Line Of The EV Race Is A Daunting Task, One That Some Won’t Be Able To Accomplish

August 7, 2023

Via: Markets Insider

For all those who are not Tesla Inc (NASDAQ:TSLA) or one of the biggest Chinese EV makers, the EV venture is wildly risky ride that makes profitability seem like mission impossible sometimes. Although Kelley Blue Book reported that EV sales […]


Industries, Others

3 Big Tech stocks to profit from AI

July 25, 2023

Via: MoneyWeek

The US S&P 500 index has gained 18% this year. Many money managers have been caught out. Their defensive focus on rising inflation and interest rates left them blindsided by big gains in Artificial Intelligence (AI) stocks. There’s no question […]


Industries, Others

Feds drill down on medical cards

July 10, 2023

Via: Payments Dive

Medical credit cards designed to cover patients’ costs are coming under increased scrutiny from the Biden administration, as are other loans and financial instruments offered to pay for consumers’ healthcare services. In a rare collaborative healthcare effort by three federal […]


Industries, Others

Detroit enclave built on auto industry struggles under $20M water debt

May 19, 2023

Via: ABC News

Kevin Houston scanned the Michigan street where his fixer-upper and older homes bridge gaps between the vacant, overgrown lots and abandoned, ramshackle houses, boarded-up businesses and potholed streets of Highland Park. “It’s not a bad place to live,” Houston said. […]


Industries, Others

Travel costs fell in April’s inflation reading. The dip may be short-lived, experts warn

May 11, 2023

Via: CNBC

Travel in 2023 has been expensive. Indeed, some prices — like those for international flights — have hit record highs. Americans are unleashing their wanderlust en masse after a few years of pandemic-era trip delays, making for a busy — […]


Industries, Others

J&J sales in US rise 10%, health care giant raises dividend

April 18, 2023

Via: ABC News

Johnson & Johnson beat first-quarter expectations, as growth in cancer treatments and the health care giant’s home market helped counter another revenue hit from the strong dollar. The health care giant booked a $68 million loss on a one-time charge […]