In July, UK mortgage approvals for home purchases hit a new low, highlighting a weakened demand in the housing market amid rising borrowing costs. Additionally, net mortgage borrowing plummeted, falling below the six-month average. While house prices saw slight annual growth, they decreased when adjusted for inflation. Conversely, unsecured consumer borrowing rose, revealing an increasing…
Nigeria is beginning to win the battle over macroeconomic stability but losing the argument at the household level. GDP is read more When will Nigeria’s economic growth finally reach the people?
Retirement savings hovered at record highs in the second quarter, pushing the number of 401(k) millionaires to a record as investors focused on their long-term goals despite persistent anxiety about…