America’s bottom 50% are slowly recovering from the Great Recession

The total net worth of the bottom 50% of Americans fell to -$143 billion in the second quarter of 2010 — meaning the lowest 50% of earners had collective liabilities far outpaced their collective assets, largely underwater home and auto loans. Their net worth remained …

U.S. housing market stuck in a rut even as mortgage rates fall

The Commerce Department report on Wednesday also showed housing completions at a six-month low and a modest increase in the number of homes under construction, indications that an inventory squeeze that has haunted the market could persist for a while. Weak housing and manufacturing are …

Foreign purchases of American homes plunge 36% as Chinese buyers flee the market

The dollar volume of homes purchased by foreign buyers from April 2018 through March 2019 dropped 36% from the previous year, according to the National Association of Realtors. The decline was due to a drop in the number and average price of purchases. Foreigners bought …

recent drought in Zimbabwe has left more than 2 million people unable to access clean water

Last month, the country’s two major cities, Harare and Bulawayo, announced they had started a water rationing program which would see residents accessing tap water only once a week. The two cities combined have a population of more than two million people. More from CNN