In addition to concessions, some sellers are lowering their asking prices or accepting offers below the list price. Nearly half of U.S. home sellers gave concessions to buyers in the first quarter of 2025, as rising housing costs, high interest rates, and a growing supply of homes have made buyers more cautious, according to a
It came as the president suggested on April 21 that the Federal Reserve needs to make ‘preemptive cuts’ as soon as possible. The three major U.S. stock indexes opened sharply lower on the morning of April 21 amid ongoing White House negotiations on tariffs and as President Donald Trump again called on the Federal Reserve
Any financial gains from a home sale must be reported to the IRS when filing your tax return. Selling a home could end up costing you. That’s because capital gains taxes apply to real estate, such as your home, and are levied on profits from its sale. The tax rate depends on how long you’ve
Treasury bills and bonds are low-risk, government-backed debt securities. By Tom Taulli From Kiplinger’s Personal Finance The federal government raises huge amounts of money by issuing debt securities. Treasury bonds and Treasury bills are the two main varieties buyers invest in. They both have the backing of the full faith and credit of the U.S.
China is starting to ship its goods to low-tariff countries first, then export them to the United States to evade high tariffs. Commentary Is a new boom in deceptive trading practices taking shape in many parts of the world? As the U.S.–China trade war intensifies, it certainly looks that way. China’s Gray Trade Strategy Blunts
Once a stronghold of the Labor Party the area is showing signs of volatility amid the ongoing inflation crisis. News Analysis As Australia trundles through its 2025 federal election campaign, Western Sydney continues to shape as one of the more intriguing and consequential electoral battlegrounds. The fast-growing region, which suffered prolonged lockdowns during the pandemic,
Electric vehicles were considered the way of the future just five short years ago. Today, the demand for electric vehicles (EVs) and EV battery plants is waning both in Canada and globally due to a wide range of factors. Some of the issues cited in consumer surveys on purchasing EVs include the substantial cost disparity
The mayor of a Vancouver Island community hiring doctors as city employees says it is “very close” to signing two more physicians for its clinic even as other communities inquire about replicating its model. Colwood Mayor Doug Kobayashi says the city’s clinic currently has one doctor on staff, another is due to arrive in September,
A candidate for the Conservative Party in the election has been targeted by a Beijing-linked transnational repression operation conducted through social media, Canada’s elections security task force says. Officials from the Security and Intelligence Threats to Elections (SITE) Task Force provided details on April 21 about the operation directed at Tory candidate Joe Tay, who
Commentary Pope Francis is dead. May he rest in peace. But his Church lives on, as does a strange fascination with it on the part of people who are not Roman Catholics or remotely sympathetic. Thus, the New York Sun emailed, “Why So Many Non-Catholics Will Be Watching This Conclave.” So what is it about