by Liberty Street Economics | Feb 14, 2024 | alerts, Markets/Economy
In a previous post, we highlighted that financially fragile households are disproportionately likely to use “buy now, pay later” (BNPL) payment plans. In this post, we shed further light on BNPL’s place in its users’ household finances, with a particular focus on how...
by Reuters.com | Feb 14, 2024 | alerts, Markets/Economy
Raw sugar prices are expected to post an annual gain of nearly 20% in 2024 as the global market shifts into a deficit in the upcoming season, a Reuters poll of 12 traders and analysts showed. Sugar is set to close the year at 24.5 cents per lb, up 5% versus the close...
by Bloomberg.com | Feb 14, 2024 | alerts, Markets/Economy
The chief executive officer of Castellum AB warned that the rental market will weaken more as the Swedish landlord reported that the value of newly signed contracts was lower than terminated leases in the fourth quarter. “The property industry has a tough year behind...
by Bloomberg.com | Feb 14, 2024 | alerts, Markets/Economy
Hang Seng Index also turns positive after starting day lower Goldman says investors want a ‘comprehensive easing package’ Chinese equities listed in Hong Kong gained as trading resumed after the Lunar New Year holiday, with positive consumption data aiding sentiment....
by CNBC.com | Feb 14, 2024 | alerts, Markets/Economy
The consumer price index increased 0.3% in January, the Bureau of Labor Statistics reported. On a 12-month basis, that came out to 3.1%, down from 3.4% in December. Shelter prices accounted for much of the rise, climbing 0.6% on the month, contributing more than...
by Bloomberg.com | Feb 13, 2024 | alerts, Markets/Economy
City records worst new year holiday transactions since 2010 Buyers wait for more favorable policies to enter market Hong Kong’s top 10 private housing estates had no sales during the Lunar New Year holiday for the first time since records began in 2010, according to...
