The US housing market is showing signs of becoming more accessible to buyers. However, high mortgage rates, hovering around 7%, are causing many to hesitate before making a move, creating a contradictory situation for home seekers.
A new study, commissioned by a coalition of entertainment unions, reveals that the United States' share in global film production has plummeted from 50% to 25% over the last quarter-century. Unions are calling for a federal tax incentive to curb the exodus of productions abroad.
A majority of the Governing Board members at Banco de México are looking to evaluate a cut in the interbank interest rate. This is due to different macroeconomic conditions in Mexico compared to the United States, according to the Minuta from their latest monetary meeting.
Hello Bello, the baby products company co-founded by Kristen Bell, is discontinuing diaper manufacturing at its Waco, Texas plant. This shift will result in 67 layoffs as the company moves to source its diapers from a third party.
President Donald Trump used his address at the UN General Assembly to declare the US the most powerful nation and issue a stern warning to Iran, calling it the "leading sponsor of terrorism," amidst ongoing conflict in the Middle East.
The US job market showed a slowdown in September. The country added 29,000 new jobs, a figure below forecasts, while the unemployment rate increased to 4.2%.
Simmons Bank, an institution founded in Arkansas in 1903, announced the closure of 26 branches across six states. The move, effective December 2026, aims to adapt the bank's network to current customer preferences, increasingly focused on digital services.
China is turning its rural regions, such as Ulanqab, into tech hubs by building huge data centers. This strategy aims to integrate artificial intelligence into 90% of its industries by 2030, positioning the country as a global AI leader and direct competitor to the United States.
The Cuban government, through its Foreign Minister Bruno Rodríguez, states that Washington's restrictions are hindering economic changes aimed at alleviating the island's difficult situation.
Canadian Prime Minister Mark Carney has welcomed the EU's "ambition" for Canada to become an "associate member," a move aimed at strengthening economic ties and reducing reliance on the United States. This proposal has drawn a strong reaction from former US President Donald Trump.
Options traders are not anticipating significant shifts in the US stock market following the upcoming midterm elections, a Bloomberg report indicates. This trend suggests an expectation of stability, or at least limited movements, during a period that often generates uncertainty.
Canadian Prime Minister Mark Carney has welcomed the idea of Canada becoming an "associate member" of the European Union, a concept yet to be formally defined. This initiative comes amidst trade tensions with the United States, with President Donald Trump dismissing the proposal and threatening new tariffs on Europe.
