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Latest 24 Hour Economy News
Source: Common Domain

Treasury yields rise as oil prices surge to nearly 6-month high

Tuesday 19:05 GMT

Treasury prices fell Monday, lifting yields, as the Trump administration said it would end waivers for countries importing Iranian oil, reports of which had helped to driven crude prices higher.

Treasurys are coming under pressure as oil prices surge, which could give rise to inflation, a bugaboo of bond investors wary of its corrosive influence on the value of fixed-interest payments. West Texas Intermediate crude CLK9, +2.59%  settled up by more than 2% on Monday, resulting in its highest finish in nearly six months.

Source: Common Domain

Condo Sales Surge in Miami-Dade County

Tuesday 19:05 GMT

Existing home sales, including condos and single-family, in Miami-Dade County totaled 1,230 in March, a 7.6% rise compared to last year, according to closings recorded in the multiple listing service.

Growing Miami home sales defied national housing trends in March, including an 18% spike in condo resales compared to last year, according to a report from the MIAMI Association of Realtors on Monday.

Source: Common Domain

5 things that reveal how cheap rich people are

Tuesday 13:34 GMT

“Ocean’s 8” and “Crazy Rich Asians” star Nora Lum — you may know the rapper and actress by her stage name, Awkwafina — seems to know this well.

“Rich people don’t get rich by spending it all,” says Pam Danziger, a researcher focused on the affluent market and founder of Unity Marketing, which helps brands better connect with affluent consumers. “They know better than anyone that by being careful shoppers they can achieve a lifestyle several rungs up the income ladder.”

Source: Reuters

Huawei first-quarter revenue grows 39 percent to $27 billion amid...

Tuesday 15:25 GMT

Huawei Technologies said on Monday its first-quarter revenue jumped 39 percent to 179.7 billion yuan ($26.81 billion), in the Chinese technology firm’s first-ever quarterly results.

It did not disclose year-ago comparable figures, but according to market research firm Strategy Analytics, Huawei shipped 39.3 million smartphones in the first quarter of 2018.

Source: Fox News

Elizabeth Warren wants to 'cancel' student debt for millions

Tuesday 13:35 GMT

Democratic Massachusetts Sen. Elizabeth Warren announced a proposal on Monday aimed at alleviating the student loan debt crisis by largely eliminating the obligations altogether.

The 2020 Democratic presidential candidate wrote in a blog post on Medium that she would like to cancel $50,000 in student debt for individuals with household incomes below $100,000 – or about 42 million people. American households with higher incomes, up to $250,000, would also see some of their debt written off as well.

Source: Common Domain

Existing-home sales slide nearly 5% in March as the on-again-off-again housing market retreats

Tuesday 13:35 GMT

The numbers: Existing-home sales ran at a seasonally adjusted annual 5.21 million rate in March, the National Association of Realtors said Monday.

What happened: Sales of previously-owned homes fell more sharply than expected in March as the usual housing headwinds stalked the market. That was 4.9% lower than February’s pace and missed the Econoday consensus of a 5.3 million rate.

Source: Fox News

Trump administration announces new Iran crackdown targeting oil revenue

Tuesday 12:41 GMT

The Trump administration on Monday targeted Iran’s energy sector by announcing the U.S. would no longer exempt any countries from sanctions for importing Iranian oil.

The White House said: “The Trump Administration and our allies are determined to sustain and expand the maximum economic pressure campaign against Iran to end the regime’s destabilizing activity threatening the United States, our partners and allies, and security in the Middle East.”

Source: Common Domain

How to Talk With an Aging Parent About Long-Term Care

Tuesday 09:55 GMT
Source: Common Domain

What to do when saving enough money to retire demands drastic action

Sunday 21:48 GMT
Source: Fox News

Odell Beckham Jr. unleashes Giants frustration in epic Twitter rant

Tuesday 09:55 GMT
Source: Fox News

Maid of honor claims nearly 100 goldfish died after 'crappy' bride insisted on giving them as wedding favors

Monday 19:04 GMT
Source: The Guradian

Bolsonaro's motorbike escapade provokes helmet backlash

Monday 19:04 GMT
Source: The Guradian

Polly Higgins, lawyer who fought for recognition of 'ecocide', dies aged 50

Monday 14:30 GMT
Source: Common Domain

Logistics Report: Logistics for Thin Mints; Following the Robots; Resetting Railroad Maps

Monday 14:30 GMT
Source: Fox News

Kevin Hunter accused of poisoning Wendy Williams

Today 08:05 GMT
Source: Common Domain

Treasury yields rise as oil prices surge to nearly 6-month high

Tuesday 19:05 GMT
Source: Fox News

Kate Middleton recycles coat, special earrings for Easter service

Tuesday 18:10 GMT
Source: Fox News

Stocks close at all time high; oil at 6 month high

Today 08:05 GMT
Source: The Guradian

'Skirting ethical rules': Trump's key staff under investigation at interior agency

Today 08:05 GMT
Source: Global News

6,700 Canadian veterans who fought in Afghan war receiving federal support for PTSD

Tuesday 21:49 GMT
Source: Reuters

Chinese people love peace, Xi says as kicks off major naval parade

Tuesday 22:44 GMT

“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte