Real EstateTop StoriesHalf of Americans spend 30% of income on rentGBO CorrespondentFebruary 9, 2023February 10, 2023 GBO CorrespondentFebruary 9, 2023February 10, 202301074 According to Rent.com researcher Jon Leckie, the pandemic-era rush for real estate was to reason for the sharp increase in rents
EconomyTop StoriesDespite improved revenue show, recession cloud looms over VisaGBO CorrespondentFebruary 8, 2023February 10, 2023 GBO CorrespondentFebruary 8, 2023February 10, 202301775 Visa's sales went up by 12% to USD 7.9 billion, which is the slowest growth rate in the last seven quarters
EconomyTop StoriesPay raise amid recession: What is in minds of UAE and Saudi professionals?GBO CorrespondentFebruary 8, 2023February 10, 2023 GBO CorrespondentFebruary 8, 2023February 10, 202301045 More than seven in ten of the UAE employees polled, stated they would reject a new position or promotion if it required them to work
EconomyTop StoriesAmid inflation, UK income disparity reaches its three-year highGBO CorrespondentFebruary 7, 2023 GBO CorrespondentFebruary 7, 202301127 According to the Office for National Statistics, the median household income for the poorest fifth of households fell by 3.8%
EnergyTop StoriesGet paid for not using electricity: UK National Grid introduces new schemeGBO CorrespondentFebruary 7, 2023 GBO CorrespondentFebruary 7, 202301166 The United Kingdom gets its electricity from several sources, including nuclear, wind, and gas-fired power plants
Banking and FinanceTop StoriesGlobal interest rates will hit their highest level since 2007, investors believeGBO CorrespondentFebruary 6, 2023 GBO CorrespondentFebruary 6, 202301063 In December 2022, Fed officials forecasted raising interest rates above 5% in 2023 and maintaining them there for the remainder of the year
EconomyTop StoriesData indicates rebound of US economyGBO CorrespondentFebruary 6, 2023 GBO CorrespondentFebruary 6, 202301145 How well the US economy does in 2023 will depend significantly on the consumers spending behaviour in the next few months
MarketsTop StoriesJPMorgan study predicts 2023’s market riskGBO CorrespondentFebruary 3, 2023 GBO CorrespondentFebruary 3, 202301103 Around 44% of the 835 respondents to JPMorgan's annual institutional and professional trading client survey projected lower inflation
EnergyTop StoriesZimbabwe blames energy crisis for poor network qualityGBO CorrespondentFebruary 3, 2023February 3, 2023 GBO CorrespondentFebruary 3, 2023February 3, 202301666 At the height of Zimbabwe's power crisis in November and December, the country saw 20-hour power outages
Real EstateTop StoriesSneak peek into Dubai’s real estate market outlook for 2023GBO CorrespondentFebruary 2, 2023 GBO CorrespondentFebruary 2, 202302125 Rental costs across Dubai’s residential communities surged by 26.9% in 2021, the highest level on record