Concerns about growing violence in Argentina is now rising as authorities have reported a large number of recent arrests regarding lootings of a number of stores and supermarkets ahead of October presidential elections.
Read More Argentina Lootings And Violence Prompted By Fear Of Coming October Elections
The U.S. mortgage rate rose to the highest mark in over 20 years. According to Mortgage Bankers Association, the 30-year mortgage rate rose to 7.16% last week, which matches the highest since 2001.
Read More US Mortgage Rate Climbs to 7.16%, Could Hit 8%, Mark Not Seen Since 2000
In response to pressure on Argentina’s financial markets following a primary election, the Argentinian government decreased the value of its currency by nearly 18%.
Read More Argentina Devalues Peso, Raising Rates After Primary Elections
According to a recent study, the city of Denver in Colorado has the fastest-growing inflation rate of any other city in the United States.
Read More Inflation Hotspots Revealed: The Most Affected Cities in the U.S.
The July monthly jobs report is out, showing that U.S. employers added 187,000 jobs. The unemployment rate also decreased from 3.6% to 3.5%.
Read More July Jobs Report: 187,000 New Jobs Added; Unemployment Rate Drops to 3.5%
Miami-Dade County saw the first population decline in the region’s history as a result of rising home prices.
Read More Miami Population Drops For First Time In Over 50 Years