UK economy shrinks for second month in a row
The economy had been expected to return to growth but data shows it contracted by 0.1%.
2024 › December › 13
After 50 years of Assad cruelty, Syrians search for dead loved ones - and closure
BBC international editor Jeremy Bowen finds Syrians desperate for answers about the missing and a reckoning for their killers.
Alleged Chinese spy with links to Andrew banned from UK
A Chinese associate of Prince Andrew has been refused entry to the UK amid national security fears.
Weekly Initial Unemployment Claims Increase to 242,000
The DOL reported:
In the week ending December 7, the advance figure for seasonally adjusted initial claims was 242,000, an increase of 17,000 from the previous week's revised level. The previous we…
FDIC: Number of Problem Banks Increased Slightly in Q3 2024
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a story from Calculated Risk › Calculated Risk
The FDIC released the Quarterly Banking Profile for Q3 2024:
The Industry’s Net Income Decreased From the Prior Quarter, Driven by One-Time Items
Third quarter net income for the 4,517 FDIC-insured …
Fed's Flow of Funds: Household Net Worth Increased $4.8 Trillion in Q3
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a story from Calculated Risk › Calculated Risk
The Federal Reserve released the Q3 2024 Flow of Funds report today: Financial Accounts of the United States.
The net worth of households and nonprofits rose to $168.8 trillion during the third qua…
The "Home ATM" Mostly Closed in Q3
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a story from Calculated Risk › Calculated Risk
Today, in the Calculated Risk Real Estate Newsletter: The "Home ATM" Mostly Closed in Q3
A brief excerpt:
A brief excerpt:
During the housing bubble, many homeowners borrowed heavily against their perceived home equi…
Realtor.com Reports Active Inventory Up 23.5% YoY
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a story from Calculated Risk › Calculated Risk
What this means: On a weekly basis, Realtor.com reports the year-over-year change in active inventory and new listings. On a monthly basis, they report total inventory. For November, Realtor.com re…
Friday: No major economic releases scheduled
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.Friday:
• No major economic releases scheduled.
Europeans are hoping they can buy more guns but keep their butter
Reports of a “war economy” are much exaggerated
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