Renault and Nissan are close to reaching a deal that would reshape their troubled alliance, paving the way for the carmakers to deepen their co-operation in the era of electric vehicles.Agreement is close on a key first step that would require Renault to cut its…

A modest drop in mortgage rates over the past month has helped home builder confidence improve in January, after 12 consecutive months of falling, according to a survey released Wednesday. Experts say that could mean new home building is set for a pivot as construction…

The rising interest rates in the US mean that the US government is now paying more in interest repayments on their debt than the entirety of their spending on their armed forces. The current debt repayments are going to be a difficult burden for the US…

Shoppers walk through the Urbanspace Holiday Shops at Bryant Park in New York, U.S., on Sunday, Dec. 12, 2021.Gabby Jones | Bloomberg | Getty ImagesHoliday sales came in below industry expectations, as shoppers felt pinched by inflation and rising interest rates, according to data from…

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OMG, guess who’s gotten back together?!That’s right, Deutsche’s bullish on sterling again. They totally emailed everyone this afternoon like:For the first time in a long while we turned positive on the pound. The policy mix finally looks more favourable with high real rates and a…