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Fed ready to raise interest rates if inflation continues to run high, minutes show

Federal Reserve officials at their meeting earlier this month expressed concern about inflation and said they would be willing to raise interest rates if prices keep rising.The committee that sets interest rates for the Fed on Wednesday released the minutes from the November...

Home prices are now rising much faster than incomes, studies show

During the Covid pandemic, home prices have shot up nearly nationwide while household income fell.As a result, homeownership became out of reach for many would-be buyers.However, affordability was a growing problem well before 2020 and the start of the pandemic.In the last decade,...

Charts show Asia-Pacific’s heavy reliance on coal for energy

Piles of coal at Rizhao port in China's Shandong Province on Nov. 2, 2021.VCG | Visual China Group | Getty ImagesAsia-Pacific is home to some of the world's largest carbon emitters — and experts say much of global efforts to fight climate change...