Browsing: Economy

In 1946, the government of Argentina imported 50 North American beavers into Tierra del Fuego. The goal was simple. Officials…

The U.S. housing market is cooling off again as 2026 begins, following a late 2025 rally. December saw a 4% decline in existing home sales, attributed to rising mortgage rates around 6.5%. Chief economist Lawrence Yun noted that while inventory is improving, affordability remains a significant challenge for first-time buyers.

On Wednesday, Wall Street experienced a rally, with the S&P 500 reaching a new intra-day high. This surge was driven by a favorable December inflation report indicating a drop to 2.4%, raising hopes for potential interest rate cuts in March. Tech stocks, especially in AI and semiconductors, saw significant gains.